Tesla board member and Airbnb co-founder Joe Gebbia acquired about 4,000 shares of the automaker’s stock, a purchase that has a value of about $1 million and change, according to a regulatory filing. That’s not a significant stock purchase, and certainly not for the billionaire board member, as Electrek noted in its reporting. It’s notable […]
Tesla board member Joe Gebbia actually bought some stock Read More »
Tesla has started testing its autonomous ride-hail service with employees in Austin and the Bay Area ahead of the company’s planned robotaxi launch this summer. “FSD Supervised ride-hailing service is live for an early set of employees in Austin & San Francisco Bay Area,” the company posted Wednesday on X. FSD stands for “Full Self-Driving,”
Tesla begins ‘FSD Supervised’ ride-hail tests with employees in Austin, Bay Area Read More »
Protests against Elon Musk and Tesla have been spreading around the world thanks to the CEO’s involvement in the Trump administration. Now those protests are listed in an official “risk factor” in paperwork Tesla is required to file with federal regulators. The new language, filed with the Securities and Exchange Commission on Wednesday morning, shows
Anti-Musk protests are now an official risk to Tesla’s business Read More »
Tesla’s flailing sales figures have put the company closer to the red than it has been in years, according to financial results released Tuesday, threatening one of its biggest advantages over other EV players. The electric automaker reported $409 million in net income on $19.3 billion in revenue after delivering almost 337,000 EVs in the
Tesla profits drop 71% on weak sales and anti-Elon Musk sentiment Read More »
Tesla earnings day is here, and boy oh boy, this one could be a doozy. In the past several months, one of the world’s largest EV makers has seen its market share fall. That’s partly because of increased competition in China, Europe, and North America. But it’s also due to CEO Elon Musk’s political alignment
Tesla Q1 earnings live updates Read More »
This might be the most hyped Tesla earnings in recent memory. And not for all the right reasons. Tesla has taken many hits this year as its CEO Elon Musk leans further into right-wing politics and oversees DOGE, the advisory body that President Trump has bestowed the power to slash federal spending. For Tesla, that
Tesla earnings Q1 2025: What we’re watching for Read More »
Tesla is pushing back the promised launch of a more affordable EV by months, according to a report from Reuters. The new model, which is supposedly a very stripped-down Model Y, was supposed to debut in the first half of this year but now might not come until late 2025 or early 2026, states the
Tesla reportedly delays launch of new low-cost model by months Read More »
A growing number of Tesla owners are putting their used vehicles up for sale, as consumers react to Elon Musk’s political activities and the global protests they have fueled. In March, the number of used Tesla vehicles listed for sale on Autotrader.com skyrocketed, Sherwood News reported, citing data from Autotrader parent company Cox Automotive. The
Tesla used car listings skyrocketed in March Read More »
The cuts that Elon Musk’s Department of Government Efficiency made at the National Highway Traffic Safety Administration in February “disproportionately affected” employees working on vehicle automation safety, according to The Financial Times. That division was formed in 2023 and therefore included a number of staffers who were still in their initial probationary hiring period, which
NHTSA’s self-driving safety staff reportedly ‘disproportionally affected’ by DOGE cuts Read More »
Wedbush Securities analyst Dan Ives slashed his price targets for Apple and Tesla over the weekend as President Trump’s tariffs threaten to disrupt both businesses. “The tariff economic Armageddon unleashed by Trump is a complete disaster for Apple given its massive China production exposure,” Ives said in a warning note over the weekend. “In our
Analyst says Apple, Tesla have biggest exposure to Trump’s tariffs Read More »
