Tesla went from a Cinderella story to 'horror show': Analyst

finance.yahoo.com has faced mounting challenges in 2024, garnering increasingly bearish sentiments from major shareholders. The EV maker's stock has fallen almost 40% year-to-date. Wedbush…

Tesla Stock Could Hit A New 52-Week Low After Downgrade On 'Thesis-Changing' Shift

investors.com stock fell Thursday, marking a new 52-week low, as the global EV giant received a downgrade based on Chief Executive Elon Musk's decision to prioritize its robotaxi program…

Tesla’s Shanghai production unaffected by Musk’s lay-offs, say sources

scmp.com According to Reuters, Musk informed employees of the lay-offs in an internal memo, with several US-based service centres strongly affected. But two sales managers in…

Elon Musk Says This Is 'Blindingly Obvious.' Cathie Wood Keeps Buying

investors.com Chief Executive Elon Musk took to X, formerly Twitter, late Tuesday to say that while he is not betting the entire EV giant on it, it is a "blindingly obvious" move to focus…

Tesla's latest update brings good news for vehicle owners

thestreet.com Fast Facts If you have a Model 3, Y, S, or X, Tesla has teased what's arriving in the next update dubbed the "Spring Release." The latest updates rolls out a redesigned…

A Tesla worker who was laid off a month after he joined says he can't pay his rent

aol.com None Tesla laid off more than 10% of its workforce, a memo sent by CEO Elon Musk showed. • None One worker who lost his job a month after joining Tesla told KVUE he couldn't…

Tesla ditches EV inventory discounts to ‘streamline’ sales and delivery

techcrunch.com Tesla has ended discounts on inventory across its entire electric vehicle lineup — even as sales for EVs have flagged — as part of a larger and vague plan by CEO Elon Musk…

Tesla Stock Heads For 2024 Lows As Investors Await Q1 Earnings For Clarity On Elon Musk's Big Bet On Autonomy

investors.com headed for new year-to-date lows Tuesday as Chief Executive Elon Musk focuses on autonomy as the next "phase of growth" for the company. But without details, investors and…

Tesla Stock Punished As Earnings Season Heats Up

247wallst.com Tesla (Nasdaq: TSLA) stock is off to a bumpy start in 2024, and it’s still early in the year. On Monday, CEO Elon Musk revealed he would be laying off 10% of the company’s…

Chinese EV CEO calls for 'cooperation' amid political tension in U.S

thestreet.com Imports of electric vehicles from China are one of the hottest topics on Capitol Hill at the moment, as politicians from both sides of the aisle are calling from some sort…

More than half a billion dollars of taxpayer money has paid for other people's EVs

thestreet.com A new report by the Department of the Treasury reveals that American taxpayers have paid an eye-watering amount since the Internal Revenue Service updated its rules…

Tesla's top engineering exec, who led development of critical technologies, has resigned after 18 years, adding to concerns about who will succeed Elon Musk…

fortune.com Two of Tesla Inc.’s top executives have left in the midst of the carmaker’s largest-ever round of job cuts, as slowing electric-vehicle demand leads the company to reduce…

Tesla execs Drew Baglino and Rohan Patel leave as company lays off 10%

finance.yahoo.com Two high-profile executives have departed Tesla the same day that the electric automaker laid off thousands of workers, TechCrunch has confirmed. Drew Baglino, Tesla's SVP…

Tesla to slash over 10% of workforce as world's most famous EV maker struggles with slowing demand

financialpost.com Tesla Inc. will slash global headcount by more than 10 per cent, Elon Musk wrote in an email to staff, as the carmaker grapples with a slowdown in electric vehicle demand.…

Stocks Pare Gains As Yields Soar; Tesla Skids On Big News

investors.com The Dow Jones rose early Monday, along with the S&P 500 and Nasdaq, as fears ebbed after Iran's Saturday attack on Israel. But they pared gains as Treasury yields soared.…

Tesla to cut over 10% of workforce in global retrenchment

siliconvalley.com By Ed Ludlow and Dana Hull | Bloomberg Tesla Inc. is slashing headcount by more than 10%, part of a global retrenchment extending all the way into its executive ranks as the…

Potential Tesla buyers steer clear as Musk's reputation plunges

euronews.com Elon Musk's increasingly controversial reputation has led to a steep drop in the number of customers considering buying a Tesla. Possible US Tesla customers are now…

Tesla is reportedly laying off more than 10% of its global workforce

techcrunch.com Tesla is laying off thousands of employees as it tries to simultaneously cut costs and boost productivity, according to an internal email sent to staff by CEO Elon Musk,…

Futures Rise As Fears Ease, Retail Sales Jump; Tesla Slashes Jobs

investors.com Dow Jones futures rose solidly early Monday, along with those of the S&P 500 and Nasdaq, as fears ebbed after Iran's Saturday attack on Israel. Tesla (TSLA) fell on the…

Tesla reportedly plans to cut over 10% of its global workforce—some 14,000 employees

fortune.com Tesla Inc. will reduce global headcount by more than 10%, Electrek reported, as the carmaker grapples with a slowdown in electric vehicle demand. Elon Musk cited…

Tesla tells Cybertruck employees that shifts will be shorter at the Austin Gigafactory

aol.com None Tesla sent an internal memo to Cybertruck employees recently. • None The memo describes shorter hours at the Austin Gigafactory. • None The new schedule follows Tesla's…

Tesla drops prices, Meta confirms Llama 3 release, and Apple allows emulators in the App Store

techcrunch.com Tesla drops prices, Meta confirms Llama 3 release, and Apple allows emulators in the App Store Heya, folks, welcome to Week in Review (WiR), TechCrunch’s regular newsletter…

Tesla Owner Alleges She Was 'Roasting Like A Freakin' Chicken' After Being Trapped In 115-Degree Heat Inside Her Car During Software Update

benzinga.com A Tesla Inc. owner, Brianna Janel, alleged that she was locked inside her car during a software update, leading to a dangerous situation. The incident has sparked a debate…

Elon Musk once said Tesla's FSD would only get more expensive. The automaker just slashed the price to $99 a month

businessinsider.com Tesla Model 3 and Model Y on display at the Everything Electric London 2024 show. John Keeble/Getty Images Tesla slashed the price of its assisted driver software, FSD…

Startups Weekly: So are we all working from home now?

techcrunch.com Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. In the corporate…

‘Existential threat to the American auto industry’: Joe Biden urged to ban China-built EVs by influential Capitol Hill lawmaker

aol.com Facing stiff reelection odds in November, President Joe Biden is being urged by an influential lawmaker on Capitol Hill to shut the door to America’s market for good on…

Biden urged to ban China-built EVs by influential Capitol Hill lawmaker

fortune.com Facing stiff re-election odds in November, President Joe Biden is being urged by an influential lawmaker on Capitol Hill to shut the door to America’s market for good on…

Is Tesla Stock A Buy Or A Sell With EPS Estimates Coming Down Ahead Of Q1 Earnings?

investors.com stock is angling lower in 2024, falling around 30% as analysts project 2024 vehicle deliveries could undercut last year's total with profit forecasts continuing to fall…

3 EV Stocks to Avoid Like a Dead Battery After Xiaomi’s SU7 Triumph

investorplace.com Here are three EV stocks to avoid in Xiaomi's wake Xiaomi (OTCMKTS: ), known for its smartphones, is making a bold entry into the electric vehicle (EV) market. The company…

Cathie Wood buys $22 million of battered tech stock

thestreet.com In a two-year span, (2019-20), Cathie Wood, head of Ark Investment Management, went from being a nobody to a superstar in the fund management world. Wood (Mama Cathie to her…

Automakers' share of China NEV market in Mar: BYD tops with 36.6%, Tesla 2nd with 8.8%

cnevpost.com BYD (HKG: 1211, OTCMKTS: BYDDY) continued to dominate China's new energy vehicle (NEV) market in March, with Tesla (NASDAQ: TSLA) moving up one spot to No. 2. BYD's retail…

If You Can Only Buy One EV Stock in April, It Better Be One of These 3 Names

investorplace.com These are the three best EV stocks to buy in April The electric vehicle (EV) is a market with high growth potential as both consumers and governments are beginning to favor…

BofA slashes Tesla's stock price target, says weak demand will hurt unless the company cuts prices more

aol.com None Bank of America cuts its Tesla price target on Wednesday following the company's big first-quarter delivery miss. • None The bank said it has concerns about weakening…

China EV sales for week ending Apr 7: Nio 2110, Tesla 1880, BYD 46250

cnevpost.com Major electric vehicle (EV) companies saw sales in China fall last week, partly due to the Qingming Festival, or Tomb Sweeping Day, holiday. For the week of April 1-7, Nio…

BYD Leads China EV Charge Despite Sluggish Sector Growth

asiafinancial.com Deeper discounts and special financing tools by automakers such as BYD helped lift sales of electric vehicles in China 10.5% in March from the same month a year earlier,…

China’s first-quarter EV sales growth slowest in a year

theglobeandmail.com Sales of electric passenger vehicles in China rose 10.5 per cent in March from the same month a year earlier, industry data showed on Tuesday, as automakers led by popular…

I drove the 2024 Tesla Model 3. It's a big improvement from older versions, but the Model Y is still the better buy

aol.com None Andrew Lambrecht, who owns a 2019 Tesla Model 3, test drove the new 2024 Model 3. • None While the new Model 3 comes with better materials and a fresh interior, it lost…

A Little Good News for Rivian Investors

finance.yahoo.com It feels as though the U.S. market has been on the cusp of electric vehicles (EVs) going mainstream for a few years. Arguably, the biggest obstacle for mass adoption of EVs…

What’s wrong with Tesla

cnn.com Last quarter, Tesla posted its first annual sales decline since the pandemic — a drop that was significantly worse than expected. The company blamed a weak Chinese economy,…

Tesla's Cybertrucks are 'Cyberbricking' shortly after delivery, reports owners

thestreet.com Another day, and it seems like Tesla's (TSLA) Cybertruck cannot catch a break. Whether it is rusty surfaces, a potentially dangerous headlight design, or its inflated resale…

Tesla stock falls 6% this week as slowing EV market hits sales, pricing, and its future strategy

finance.yahoo.com Tesla shares slipped 3.6% on Friday, capping a week that saw its stock lose nearly 6% with waning EV demand hitting sales and a potential future product change pressuring…

Ford delays electric three-row SUV, new EV pickup arriving in 2026

electrek.co After EV sales picked up in the first quarter, Ford is scaling back as it delays plans to launch its new three-row electric SUV. Ford is pushing back EV production at its…

Stock Market Today: S&P 500 jumps, but ends week in red as June Fed rate cut fades By

investing.com Investing.com-- The S&P 500 snapped a two-week wining streak despite a strong rally Friday as a stronger-than-expected jobs report didn't stoke a jump in wages, adding to…

Tesla Reportedly Scraps Low-Cost Car Plans, Elon Musk Denies Story

finance.yahoo.com Tesla, Inc (NASDAQ:TSLA) stock is trading lower Friday following reports of the EV maker dumping its low-cost vehicle plans amid China competition. According to a Reuters…

Uptrend Under Pressure; Tesla, Humana In Focus: Weekly Review

investors.com The stock market rally came under pressure this past week amid Mideast tensions, which pushed oil prices to six-year highs. Treasury yields hit 2024 highs amid strong…

Tesla is offering steep discounts on its Model Y SUV as it tries to clear out inventory

aol.com None Tesla is offering big discounts on its Model Y SUV. • None Elon Musk's EV maker is marking down Model Y prices by $7,500 in some cases. • None In Q1, the company…

Tesla Offers Steep Discounts on SUVs Piling Up in Inventory

finance.yahoo.com Tesla Inc. is slashing prices of its best-selling vehicle in a bid to clear its biggest-ever stockpile. • None Texas Toll Road Takeover to Cost Taxpayers at Least $1.7…

Tesla's stock skid continues after the company cuts prices on Model Y SUVs amid inventory buildup

aol.com None Tesla stock continued its deep year-to-date decline on Friday as the company deals with an inventory buildup. • None The company implemented price cuts of about $5,000…

Tesla slashes Model Y inventory prices by as much as $7,000

techcrunch.com Tesla is dropping prices of unsold Model Y SUVs in the U.S. by thousands of dollars in an attempt to clear out an unprecedented backlog of inventory. Many long-range and…