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Tesla CEO Elon Musk has made another ambitious claim about autonomous driving technology, stating that “For the first time, there will soon be a generalized, pure AI solution to full self-driving” that relies solely on “cameras and the Tesla AI chip with Tesla AI software.” The announcement, made on X earlier today, reiterates Tesla’s commitment…
Tesla stock showed signs of recovery on Monday, April 14, 2025, rising 3.4% to $260.92 in early trading after President Donald Trump excluded smartphones and certain electronics from his most severe import tariffs. This positive movement occurs during a challenging period for the electric vehicle manufacturer, whose shares have declined approximately 38% year-to-date and remain…
Tesla has abruptly suspended new orders for its Model S and Model X electric vehicles in China, a move that underscores the intensifying trade tensions between the United States and China. According to Reuters, Tesla’s Chinese website no longer allows customers to configure or order these premium models, redirecting users to view limited existing inventory…
In a contentious standoff, Tesla Canada faces scrutiny over a C$43.1 million (approximately $30 million USD) electric vehicle (EV) rebate claim for 8,653 vehicles, filed in just 72 hours before Canada’s federal EV incentive program expired. The sudden surge, reported by the Toronto Star, has prompted Transport Canada to freeze the funds and launch an…
On April 10, 2025, Tesla officially opened its doors in Saudi Arabia, a move signaling both a reconciliation between CEO Elon Musk and the kingdom’s leadership and a bold step toward the country’s aggressive electric vehicle (EV) adoption goals, as reported by Reuters. With a glitzy launch showcasing the Cybertruck and a redesigned Model Y…
Tesla’s dominance in the U.S. electric vehicle (EV) market is slipping, with sales declining nearly 9% in the first quarter of 2025, even as the overall EV market expanded by 11%, according to a recent report by Cox Automotive. The research firm’s data reveals a shifting landscape where traditional automakers like General Motors (GM) and…
Nationwide demonstrations targeting Tesla showrooms broke out on Saturday as protestors voiced opposition to CEO Elon Musk’s controversial role in the Trump administration’s aggressive federal workforce reduction program, according to Reuters. The protests highlight growing tensions between the EV maker’s progressive climate image and its founder’s political activities. Mass Protests Target Tesla
Tesla’s European sales have plummeted by 45% year-over-year, with vehicle registrations dropping from 18,161 in January 2024 to just 9,945 in January 2025, according to the European Automobile Manufacturers’ Association (ACEA). This sharp decline, reported by The Washington Post in a February 25 article, is attributed to a combination of factors, including CEO Elon Musk’s…
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