ELON MUSK CYBERTRUCKS
Why did Elon Musk warn Bill Gates? Will he be able to annihilate Microsoft's founder? Know controversy in detail
Elon Musk hopes that he will be able to transform Tesla into an AI giant with a net worth of $30 trillion and he wants to change from selling EVs to operating a lucrative fleet of robotaxis and humanoid robots.
Tesla unlikely to move forward with India investment, Musk's execs cease contact: Report
Tesla Inc. is unlikely to pursue new investments in India in the near future, sources familiar with the matter said. Following Elon Musk's postponed visit and lack of further communication, Indian officials believe Tesla faces financial constraints. India now focuses on local automakers like Tata Motors and Mahindra & Mahindra to boost its nascent EV market.
Tesla shares rally over 10% as quarterly deliveries beat estimates
Tesla on Tuesday reported a smaller-than-expected 5% drop in vehicle deliveries in the second quarter, as the electric-vehicle maker's price cuts and incentives helped stimulate demand.
Tesla's Q2 deliveries beat estimates on price cuts, incentives
Tesla's delivery drop in Q2 was mitigated by incentives driving demand. Shares rose in premarket trading despite margin pressures. The company delivered various models, including the Model 3 and Model S sedan. Tesla adapted its strategy with discounts globally, aiming to recover from the sales decline and adjust annual growth targets.
Tesla deliveries set to fall for second straight quarter
The company is expected to deliver 438,019 vehicles for the April to June period, according to an average estimate based on forecasts from 12 analysts polled by LSEG, seven of whom slashed their expectations in the past three months. The EV maker is expected to announce the results on Tuesday.
Tesla recalls thousands of Cybertrucks over windshield wiper, exterior trim issues
Tesla is recalling over 11,000 Cybertruck electric pickups due to potential safety hazards including windshield wiper failure impacting visibility and loose trunk bed trim posing a road hazard. This adds to previous recalls for accelerator pedal pad issues. These setbacks come as Tesla prepares for mass production of the delayed vehicle and faces challenges. The company will fix the problems at no cost to affected owners.
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Elon Musk's Tesla Highlights: Self-driving tech, cybertruck & robotaxi plans
Tesla's annual shareholder meeting on June 13 was marked by shareholder approval of Elon Musk's $56 billion performance-based pay package, despite previous legal challenges. Additionally, shareholders agreed to relocate Tesla from Delaware to Texas. Elon Musk, in his characteristic style, outlined ambitious technological advancements at the meeting: he projected rapid progress in self-driving car technology, including the potential for Tesla owners to connect with a future "Robotaxi" fleet for passive income.
Dubai Police introduces Tesla Cybertruck to its fleet
Dubai's high-end car culture includes supercars used by the police, with the recent addition of Tesla's Cybertruck to their fleet. The Dubai Police General Command announced the new electric vehicle addition, featuring a futuristic design and luxury patrol fleet status. The vehicle, adorned with the Dubai police logo, escorted Dubai's crown prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.
Elon Musk's new problem: Unsold Tesla cars overcrowds parking, satellite imagery shows
Elon Musk's Tesla is currently in a bottleneck situation with its unsold cars situation. According to the recent satellite images revealed, Tesla's car models are simply crowding up the entire parking lot for unsold cars and there seems to be no remedy around it, say reports. This looks like a fresh issue for the business tycoon and his company amid a power struggle within the internal organization.
Tesla's plan for affordable cars takes page from Detroit rivals
Tesla's new strategy focuses on offering more affordable models using existing platforms, steering away from the Model 2. The shift mirrors traditional automakers, sparking investor optimism despite concerns about execution risk.
Tesla earnings a 'moment of truth' for Elon Musk after stumbles
Tesla CEO Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles are simply unexpected speed bumps -- and not indications of a road to decline. Tuesday's earnings and conference call are a "moment of truth" for Tesla and Musk, constituting "one of the most important moments in the company's history in our view," said a note from Wedbush.
Elon Musk's Robotaxi dreams plunge Tesla into chaos
Elon Musk's Tesla Inc. faces a tumultuous year with stock plunges, sales decline, and strategic shifts causing chaos. Musk aims for a robotaxi future, scaling back on a mass-market vehicle. Layoffs and internal upheaval follow as Musk asserts wartime CEO mode. Investors and employees are left questioning Tesla's direction amidst regulatory challenges and an uncertain future.
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
Tesla slashes prices of select models in the US, with the Model Y now starting at USD 42,990. Musk postpones India trip. Company faces challenges as sales decline, with first quarterly sales drop in nearly four years.
Tesla recalling more than 3,000 of its 2024 Cybertrucks due to faulty pedal
Tesla recalls 3,000 2024 Cybertrucks for pedal issue. No incidents reported. New component added. Notification letters in June. Elon Musk heads Tesla; delayed Cybertruck production.
Warning signs for Tesla in US as EVs surge
Tesla facing layoffs, sales decline, and executive exits. Competitors thriving, Musk's focus divided. Global EV sales increasing with supportive policies. The electric vehicle market evolving despite Tesla's challenges.
Why is Elon Musk wooing Modi? A look into Tesla's India prospects
Elon Musk, CEO of Tesla, announced his upcoming meeting with Prime Minister Narendra Modi in India via X. Speculation suggests Musk's visit aims to unveil Tesla's ambitious project, which has been in the works for years. The project is expected to entail significant investment, likely around $2-3 billion, to establish a factory producing entry-level electric cars
Tesla scraps low-cost car plans amid fierce Chinese EV competition
Tesla has canceled its affordable Model 2 car, which was expected to drive the company's growth into a mass-market automaker. The decision comes as Tesla faces fierce competition from Chinese electric-vehicle makers, who are offering cars as low as $10,000. The new plans call for robotaxis to be produced in much lower volumes than the projected Model 2, with Tesla's cheapest current model, the Model 3 sedan, retailing for about $39,000 in the US. Tesla shares were down about 3% in early afternoon trading after the Reuters report.
Tesla's Sales Drop: A sign that its grip on the EV market is slipping
Tesla faced a sharp decline in quarterly sales, sparking concerns about Elon Musk's leadership as competitors like BYD, Kia, and Hyundai saw increases in electric vehicle sales. The market is shifting, with mainstream buyers possibly put off by Tesla's unconventional design and service issues. The company must address challenges to regain momentum.
Tesla quarterly deliveries fall for first time in nearly 4 years; shares drop 6%
The world's most valuable automaker handed over about 386,810 vehicles in the three months to March 31, down 20.2% from the prior quarter. It produced 433,371 vehicles during the period. Wall Street on average had expected Tesla to deliver 454,200 vehicles, according to 18 analysts polled by Visible Alpha.
Austin, we have a problem! Tesla descends into battery hell
Tesla is still a long way off the production pace of its Cybertruck, and one of the main bottlenecks is the speed it can make the 4680 batteries used in the Cybertruck with its new dry-coating technology.
Austin, we have a problem! Tesla descends into battery hell
Sources told Reuters that Tesla is struggling to make batteries for its new pickup the Cybertruck. Tesla's Giga Texas factory is currently churning out 4680 battery cells at rate only sufficient to power about 24,000 Cybertrucks a year, or about a 10th of the required output, Reuters claimed.
Pay $50k if you sell Cybertruck in 1st year: Tesla again threatens owners
Elon Musk-run Tesla has once again threatened to sue owners of its newly-launched Cybertruck for $50,000 if they try to sell the vehicle within the first year of ownership.
Tesla Cybertruck's stiff structure, sharp design raise safety concerns: Experts
Tesla touted the structures of the truck that absorb impact during the crash. Tesla CEO Elon Musk said in a social media post on Tuesday that he was "highly confident" Cybertruck will be safer than other trucks for occupants and pedestrians.
Why Elon Musk calls Tesla’s Cybertruck 'Apocalypse-proof'? All about it
Tesla CEO Elon Musk handed over the Cybertrucks to its owners at a live-streamed event. While introducing the vehicle, Musk called it “apocalypse-proof”. The vehicle made its first public debut in 2019.
Tesla's Cybertruck has next level of accessories, bulletproof doors and 6-foot bed; watch video
Tesla's Cybertruck redefines utility with a 6-foot bed, extra storage, and a powered gate. It features 120V and 240V outlets for versatile electrical use. The stainless steel body and bulletproof doors enhance safety, marking a revolutionary step in electric vehicle design and functionality.
Everything you need to know about the Tesla Cybertruck ahead of its delivery event
Tesla's Cybertruck is set for its debut delivery, marking a pivotal moment after years of anticipation. With stainless steel construction and innovative features, the truck's delivery event in Texas will unveil just 10 units, highlighting production challenges. Elon Musk acknowledges the complexity in scaling up, aiming for an annual production of 250,000 by 2025.
Tesla workers report robot injuries, explosions at US Cybertruck factory
As Elon Musk gears up to deliver first Cybertrucks to customers, a new report has claimed that workers at Tesla's Texas gigafactory report explosions, concussions and grisly robot injuries.
Elon Musk says Tesla aims to make 200,000 Cybertrucks a year
The deliveries of the much-awaited pickup truck will begin on November 30, nearly four years after it was unveiled by Musk at an event in Los Angeles.
Tesla to top $9 billion spending target this year as it rolls out new models
Tesla said on Monday its capital expenditure for 2023 would exceed the $7 billion to $9 billion target it had laid out earlier this year, as the electric vehicle maker ramps up output at its factories and gears up to roll out new models.
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