Elon Musk says a Trump presidency would be good for Tesla
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Tesla reported a major stumble in Q2, which has its investors fretting over the future. Sales tanked 12% year-over-year to $22.5 billion, while net income slid 16% to $1.17 billion. On top of that, adjusted EPS dropped 23% to just 40 cents, underscoring soft momentum that’s been weighed down by waning EV demand.
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Tesla owners will be able to earn money by adding cars to self-driving robotaxi fleet, Musk says
The Tesla CEO said the company expects to expand their autonomous driver service to include customer-owned cars.
A man suspected of scratching an "X" on a Tesla Model 3 with a box cutter in Miami's Little Haiti has been taken into custody, according to Miami police. Frantz Brandt, 70, was arrested Thursday after being spotted by police at a bus stop at NW 2 Avenue and NW 64 Street. He's been charged with criminal mischief.
Tesla is preparing to roll out its robotaxi service in San Francisco and the Bay Area with a safety driver as soon as this weekend, Business Insider reported on Friday, in an effort to expand quickly amid falling electric vehicle sales.
On an event page for a "Tesla Diner SoCal Protest," the organizer, Tesla Takedown, points to Musk's handling of X, saying it boosts conspiracy theories and extremist views. The page also calls out Tesla's Full Self-Driving feature as "fraud."
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Tesla is facing a rough path ahead and will likely struggle unless Elon Musk fixes his public image, longtime investor Ross Gerber says.
Tesla is preparing to launch its robotaxi service in San Francisco as soon as this weekend, Business Insider reported on Friday, citing an internal staff memo.
President Donald Trump took a break from his bitter public feud with Elon Musk by offering support to Tesla in an early morning post on Truth Social.
Trying to shift the narrative from the Austin company’s plummeting sales, CEO Elon Musk is putting more focus on autonomy and robotics.
For nearly a decade, it has been the holy grail for Tesla fans and the key to its mainstream future: a truly affordable electric car for the masses. After years of promises, delays, and speculation, the company confirmed on Wednesday that the long-awaited cheaper Tesla is finally moving from myth to reality.
Tesla revenue dropped 12%, and profits slumped 16% in the three months through June as buyers continued to steer clear, and in some cases, turn to more affordable competitors' offerings.
The new retro-futuristic Tesla Diner opened in L.A. this week, and customers have a lot to say about the restaurant's so-called Epic Bacon.