In a pivotal development for the electric vehicle industry, Tesla’s controversial 300-million share grant to CEO Elon Musk faces fresh scrutiny as it heads to the Delaware Supreme Court, reports the Financial Times. This latest chapter in the ongoing saga…
In an unprecedented display of consumer activism, Tesla owners across America are wrestling with a complex dilemma: how to reconcile their love for their environmentally conscious vehicles with their growing discomfort over Elon Musk’s controversial political stance. This tension has…
Tesla has made a significant pivot in its leasing strategy, now allowing customers to purchase their vehicles at lease-end across its entire lineup. This policy shift, announced on November 27, 2024, marks a notable departure from the company’s previous stance…
In a dramatic shift from traditional industry-regulator dynamics, America’s largest automakers are quietly strategizing to preserve Biden’s EV mandates despite Trump’s promises to eliminate them, according to a New York Times report. The High-Stakes EV Transition The auto industry finds…
In a striking challenge to Tesla’s battery technology direction, CATL founder and chairman Robin Zeng has publicly criticized Elon Musk’s commitment to 4680 cylindrical cells, predicting their ultimate failure. This bold statement comes from the leader of the world’s largest…
A bombshell report reveals President-elect Trump’s transition team is planning to eliminate the $7,500 federal tax credit for electric vehicle purchases, with unexpected support from EV market leader Tesla, according to Reuters. Critical Policy Change Looms The potential elimination of…
In a surprising move highlighting the complex interplay between business and politics, Tesla has joined forces with other major EV manufacturers to support California’s low-carbon fuel standard, according to Politico. Auto Industry Shows United Front Tesla, along with Hyundai, GM,…
Tesla delivered a knockout punch to Wall Street bears, with short-sellers taking a massive $3.5 billion hit after the EV maker’s surprisingly strong earnings report, according to reporting from Bloomberg. Unexpected Triumph The electric vehicle giant defied expectations with a…
Tesla’s CEO Elon Musk has made a bold prediction about the future of transportation, claiming that manually-driven vehicles will soon become as obsolete as horses, according to a report from Fortune covering Tesla’s third-quarter earnings call. The Death of Manual…
Tesla delivered a powerful financial performance in Q3 2024, reporting adjusted earnings of $0.72 per share ($2.51 billion net income), significantly outpacing analyst expectations of $0.59 per share, according to Forbes reporting. Strong Financial Performance Marks Turning Point The EV…
In a significant development for autonomous EV transportation, Palo Alto officials are in preliminary talks with Tesla to transform local streets into a testing ground for the automaker’s newly announced robotaxi service. This potential partnership, first announced by city spokesperson…
Tesla’s upcoming Q3 earnings call is shaping up to be a high-stakes showdown, with CEO Elon Musk in the hot seat as investors and analysts prepare to grill him on the company’s ambitious robotaxi plans. This heightened scrutiny comes in…
The National Highway Traffic Safety Administration (NHTSA) has launched a new investigation into Tesla’s “Full Self-Driving (Supervised)” software following reports of crashes in low-visibility conditions, including one that resulted in a pedestrian fatality. Safety Concerns in Low-Visibility Conditions NHTSA’s Office…
Tesla’s stock saw a modest uptick on Tuesday, rising 0.2% to $219.57, as investors and analysts weighed in on the company’s recent robotaxi updates. This news comes from a Barron’s article by Al Root, detailing the market’s response to Tesla’s…
Tesla’s unveiling of a sporty, two-seater robotaxi dubbed Cybercab has left experts puzzled and investors worried, according to a recent report from Reuters. The reveal, which took place at a hyped event near Los Angeles on October 10, 2024, presented…
Tesla’s much-hyped robotaxi unveiling failed to impress investors, leading to an 8% drop in the company’s stock price and erasing about $60 billion in market value. The event, held in Hollywood, was reported by The Guardian. Cybercab: Big on Promises,…
Tesla has finally pulled back the curtain on its long-awaited robotaxi, dubbed the Cybercab, at the company’s “We, Robot” event on October 10, 2024. This futuristic vehicle promises to revolutionize urban transportation with its fully autonomous capabilities and striking design.…
Tesla’s pushing the boundaries of self-driving tech again. At the recent “We, Robot” event, Elon Musk dropped a bombshell: unsupervised fully autonomous vehicles are coming to California and Texas next year. This news has got the EV world buzzing. The…
Tesla’s highly anticipated “We, Robot” event, held on October 10, 2024, at Warner Bros. Studios in Burbank, California, showcased the company’s latest advancements in autonomous vehicle technology and robotics. The event marked Tesla’s first major product reveal since the Cybertruck…
Tesla is poised to make a significant leap in the autonomous vehicle space with the unveiling of its Cybercab robotaxi on October 10th. This highly anticipated reveal marks a pivotal moment in Tesla’s journey towards launching a fully autonomous ride-hailing…
Tesla’s latest quarterly report has injected a dose of optimism into the electric vehicle sector. The EV pioneer saw a 6.4% year-over-year increase in global sales for Q3 2024, delivering 462,890 vehicles from July through September. This marks Tesla’s first…
Tesla’s upcoming Robotaxi Day could be a pivotal moment for the electric vehicle giant and its CEO, Elon Musk. According to a Barron’s article, the event on October 10 in Hollywood, California, may determine whether Tesla regains its position among…
Battery-electric vehicles (BEVs) are maintaining their foothold in the US auto market, defying a broader slowdown in new vehicle sales. According to estimates from S&P Global Mobility, BEVs claimed 8% of new vehicle sales in June and July, with September…
The automotive world is buzzing after former President Donald Trump reportedly suggested imposing a 100% tariff on cars imported from Mexico if he wins the upcoming presidential election. This statement, shared by Sawyer Merritt on X, has sparked discussions about…
Tesla’s once-rapid Supercharger network expansion has hit a snag following recent workforce reductions, according to a detailed report from The Wall Street Journal. This slowdown comes at a crucial time for the electric vehicle pioneer as it faces increasing competition…
Volkswagen, once a titan of the auto industry, is now facing a triple threat that’s putting its EV ambitions in jeopardy. According to a recent report from POLITICO, the German carmaker is grappling with challenges from China, a lagging EV…
Tesla’s Cybertruck is making serious waves in the electric vehicle world, especially in the luxury pickup segment. According to recent reports, the futuristic truck is not just turning heads – it’s driving up EV registrations across the board. Cybertruck’s Impressive…
Used Tesla Cybertruck prices have been on a rollercoaster ride this year, but they’re now heading south fast. After peaking at around $185,000 in early April, the average price for a used Cybertruck has dropped to about $117,000 as of…
Elon Musk has shot down a report claiming his AI startup xAI was in talks to share Tesla’s future revenue in exchange for AI tech. This comes as Tesla continues to push the boundaries of autonomous driving. According to a…
A recent Wall Street Journal article highlights the growing relationship between Elon Musk and Donald Trump, raising questions about potential conflicts of interest for the Tesla CEO. Musk’s Proposed Government Role Trump announced that Musk has agreed to lead a…
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