Tesla

Elon Musk took a chainsaw to the US government. Tesla is taking the hit.

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Elon Musk has long been credited with turning Tesla into a beacon of innovation, the visionary who pushed the world into an era of electrification. But his slide into politics — specifically his alignment with President Trump and activities within the federal government — has dragged Tesla into uncertainty.  For many would-be Tesla buyers, the […]

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Tesla sales continue to slump across Europe despite April EV sales swell

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Tesla’s new car sales in Spain fell 36% in April to just 571 vehicles year-over-year, Reuters reports. That slump comes as sales of electric cars made by other brands rose in the Iberian country. Tesla sales in Spain mirror those in Europe generally, which plunged in the first four months of the year by 37.2%,

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Tesla’s board reportedly sought a successor while Musk wheeled around Washington

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According to a new, brow-raising WSJ report, Tesla’s board quietly began searching for Elon Musk’s potential successor about a month ago, approaching executive search firms as the carmaker faced protests, plummeting sales, and shrinking profits while Musk waded into Washington to slash government spending. Board members reportedly met with Musk to express concerns about his

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Tesla’s board reportedly sought a successor while Musk wheeled around Washington

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According to a new, brow-raising WSJ report, Tesla’s board quietly began searching for Elon Musk’s potential successor about a month ago, approaching executive search firms as the carmaker faced protests, plummeting sales, and shrinking profits while Musk waded into Washington to slash government spending. Board members reportedly met with Musk to express concerns about his

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Tesla board member Joe Gebbia actually bought some stock

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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

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Tesla begins ‘FSD Supervised’ ride-hail tests with employees in Austin, Bay Area

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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,”

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Anti-Musk protests are now an official risk to Tesla’s business

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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

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Tesla profits drop 71% on weak sales and anti-Elon Musk sentiment

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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

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