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Tesla Inc.’s core car-making business is facing a deteriorating outlook, providing a major test of Chief Executive Officer Elon Musk’s ability to lift the stock price with his vision of a self-driving future.
Tesla is likely to post its biggest drop in quarterly revenue in more than a decade on Wednesday, as the EV maker grapples with issues including increased competition, a lack of new models and consumer backlash against CEO Elon Musk.
Tesla investors are eyeing the company's progress on robotaxi, unsupervised Full Self-Driving, affordable models, and Optimus humanoid robots.
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The city of Lewisville, Texas, confirmed a Tesla charging device ignited an "intense" house fire that engulfed a Lexus and the home's upper floors Monday.
A key driver of Tesla's profit is disappearing fast as the U.S. government changes policies on an environmental asset known as regulatory credits.
In April, Tesla still had a net positive view of -7. Tesla remained at the bottom of the charts when EVIR looked more closely into demographic data. Tesla was the least-positively viewed car company regardless of income,
A Tesla owner who believed their Model 3 Performance would be "upgraded for life" has vented their frustration online after discovering key software and hardware features will never reach their vehicle.
Tesla enters Wednesday trading with a market value north of $1 trillion, along with eight other companies in the S&P 500: Nvidia, Microsoft, Apple, Amazon.com, Alphabet, Meta Platforms, Broadcom, and Berkshire Hathaway.
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