Kimbal Musk, Tesla board member and younger brother of CEO Elon Musk, sold $31 million in Tesla stock on Tuesday, May 27, 2025, as part of a larger $199 million sell-off by Tesla insiders. The transactions, detailed in a recent…
On May 30, 2025, Tesla and its CEO Elon Musk publicly criticized a Republican megabill that aims to eliminate clean energy tax credits, a move that could disrupt the electric vehicle (EV) and solar industries. The House-passed reconciliation package, which…
In a surprising turn at the White House, President Donald J. Trump announced that Elon Musk will step away from his role in the Department of Government Efficiency (DOGE) during a press conference scheduled for May 30, 2025, at 1:30…
On May 29, 2025, Vanguard Group announced a significant expansion of its “Investor Choice” proxy voting program, tripling the number of investors eligible to direct votes in their funds, as reported by Reuters. For Tesla, this could mean heightened pressure…
Elon Musk announced that Tesla’s Model Y vehicles have been autonomously navigating Austin’s public streets for several days without passengers. In a May 29, 2025, X post, Musk stated: “For the past several days, Tesla has been testing self-driving Model…
Tesla is accelerating its push into autonomous driving, with CEO Elon Musk announcing that the company is testing driverless Model Y vehicles in Austin, Texas, aiming for deliveries by June 2025. This development signals a major step forward for Tesla’s…
On June 12, 2025, Tesla Inc. will launch its highly anticipated Cybercab robotaxi service in Austin, Texas, marking a pivotal step in Elon Musk’s vision to transform Tesla into a leader in driverless electric vehicles (EVs) and artificial intelligence (AI).…
Tesla shareholders are pressing CEO Elon Musk to commit to a minimum of 40 hours per week managing the electric vehicle (EV) giant, as the company grapples with a sharp drop in stock price and falling sales. A letter from…
In a striking blow to Tesla’s expansion plans, the city of Marion in South Australia has overwhelmingly rejected a proposal to sell public land for a new Tesla battery factory, with 95% of nearly 1,000 submissions opposing the move. The…
Tesla’s electric vehicle (EV) sales in Europe took a significant hit in April 2025, with new-car registrations dropping nearly 53% to 5,475 vehicles, according to the European Automobile Manufacturers’ Association (ACEA). This marks the fourth consecutive month of decline for…
The electric vehicle (EV) market is facing a turbulent shift as used Tesla resale values have taken a sharp dive in 2025, driven by a mix of oversupply, consumer sentiment, and industry-wide depreciation trends. According to a recent Forbes report,…
A prominent U.S. marketing professor, Scott Galloway, labeled Elon Musk’s involvement with the Trump administration’s Department of Government Efficiency (Doge) as “one of the greatest brand destructions” ever, citing its impact on Tesla’s core demographic. Speaking on the Pivot podcast,…
On Thursday, Xiaomi unveiled its second electric vehicle, the YU7, positioning itself as a formidable rival to Tesla in China’s competitive EV market. Launched at an event in Beijing, this luxury high-performance SUV boasts advanced technology and impressive specs, aiming…
In a stunning turn for the electric vehicle (EV) industry, Chinese automaker BYD has overtaken Tesla in European sales for the first time, marking a significant milestone in April 2025. This shift, reportedly driven by BYD’s aggressive pricing and strategic…
Tesla is gearing up to launch its autonomous robotaxi service in Austin, Texas, in June 2025, starting with a limited fleet of 10 Model Y crossovers. CEO Elon Musk announced the rollout on CNBC, emphasizing a cautious deployment to prioritize…
On May 20, 2025, Elon Musk reaffirmed his dedication to leading Tesla as its chief executive for at least another five years, addressing the Qatar Economic Forum with a bold statement despite recent electric vehicle (EV) market struggles. Speaking at…
In a fiery response to violent attacks on Tesla showrooms in Europe, CEO Elon Musk issued a direct warning to perpetrators and their organizers: “Don’t worry, we are coming for you!” Speaking at the Qatar Economic Forum, Musk condemned the…
Tesla’s Chief Financial Officer, Vaibhav Taneja, received a staggering $139.5 million compensation package in 2024, making it the highest CFO pay on record since 2006, according to a recent report by The Wall Street Journal. This milestone comes as Tesla…
A recent Axios Harris Poll 100 survey reveals a steep decline in Tesla’s reputation, dropping the electric vehicle (EV) giant to 95th place among America’s 100 most visible companies in 2025. Once a darling of the EV industry, Tesla’s fall…
Tesla is gearing up to introduce a limited robotaxi service in Austin, Texas, next month, marking a significant step in the electric vehicle (EV) giant’s push toward autonomous driving. According to a recent Morgan Stanley-Tesla meeting reported by IBD, the…
On May 16th, Tesla sent a filing to the U.S Securities and Exchange Commission updating Tesla corporate bylaws, stating that no shareholder who has ownership under 3% is allowed to sue the company, any directors, or executives for breach of…
In a surprising turn for California’s electric vehicle (EV) market, Tesla sales plummeted 21% in the first quarter of 2025 compared to the same period in 2024, while other EV brands saw a 14% rise, according to the California Energy…
On May 16, 2025, Tesla announced the addition of Chipotle executive Jack Hartung to its board of directors and audit committee, effective June, expanding the board to nine members. This move, reported by Reuters, strengthens Tesla’s financial governance as the…
In a surprising shift, Tesla has ended its controversial no-buyout lease policy, originally designed to reclaim vehicles for its planned robotaxi fleet, and instead sold the cars to new buyers. This move, reported by Reuters, marks a significant pivot for…
The Ford F-150 Lightning has reclaimed the top spot in the U.S. electric pickup market, surpassing the Tesla Cybertruck in registrations for March and the first quarter of 2025, according to S&P Global Mobility. With 2,598 registrations in March compared…
Tesla board chair Robyn Denholm has sparked controversy after selling $180 million in company stock over the past six months, a move drawing sharp criticism as Tesla navigates a turbulent period in the electric vehicle (EV) industry. According to an…
Tesla’s decision to relocate its legal incorporation from Delaware to Texas has set off a ripple effect in the electric vehicle (EV) industry, with several major companies following suit. This trend, dubbed the “Dexit,” stems from a Delaware court ruling…
Tesla’s stock surged 4.1% on Wednesday, closing at $347.60, as investors rallied behind the company’s focus on self-driving technology and new electric vehicle (EV) models. According to a Barron’s report, the excitement stems from Tesla’s upcoming robotaxi service and its…
Tesla shareholder Ron Baron, founder of Baron Capital, remains a steadfast supporter of the electric vehicle (EV) giant, projecting a potential 10-fold increase in Tesla’s stock value. Speaking at the Economic Club of New York on May 13, 2025, Baron…
Tesla’s Model Y deliveries in Australia hit a record low of 280 units in April 2025, down 76% year-on-year, marking the brand’s weakest month in nearly three years, according to Drive. The updated 2025 Model Y, codenamed Juniper, launched in…
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