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Elon Musk

Every EVXL story tagged “Elon Musk” — newest first.

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Tesla

Used Tesla Prices Plummet as Resale Values Hit Record Lows in 2025

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, Tesla owners are grappling with a steep 27% year-over-year drop in resale value, making now…

Tesla

Elon Musk’s Political Ties Spark Tesla Brand Crisis, Expert Warns

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, Galloway highlighted how Musk’s political alignment has alienated Tesla’s customer base, threatening the electr

Tesla

Xiaomi’s YU7 Electric SUV Challenges Tesla in China with High-Tech Features

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 to capture the attention of EV enthusiasts and challenge Tesla’s best-selling Model Y, according to…

BYD Crusade Against Online Defamation
BYD

BYD Surpasses Tesla in European EV Sales, Signals Shift in Market Dynamics

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 model launches, highlights the growing competition in one of Tesla’s key markets, as reported by…

Tesla Confirms Plans for Sub-$30,000 EV, Raising Questions About Strategy and Timeline
Tesla

Tesla Robotaxi Launch in Austin Set for June 2025 with Safety-First Approach

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 safety while competing with established players like Waymo. This move marks Tesla’s entry into the…

Trump Slashes Auto Tariffs: A Win for EV Makers and Consumers. Tesla Model 3 and Model Y
Tesla

Tesla CFO Vaibhav Taneja Sets Record with $139.5 Million Pay Package Amid EV Industry Shifts

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 navigates a challenging period in the electric vehicle (EV) industry, marked by declining deliveries and…

Model Y

Tesla’s Reputation Plummets in 2025 Axios Harris Poll: What It Means for EV Owners

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 from 8th place in 2021 to 63rd in 2024, and now near the bottom, signals…

Tesla

Tesla Set to Launch Robotaxi Service in Austin Next Month: What to Expect

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 service will initially roll out with a small fleet, focusing on safety and controlled operations…

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