Elon Musk has stated that Tesla Inc. will face a significant impact due to President Donald Trump’s 25% tariffs on foreign-made automobiles. Although Tesla manufactures all its U.S.-sold vehicles domestically, it still imports parts from other countries, particularly from China.
Tesla Shares: What's Behind Wednesday's Movement
Tesla, Inc. stock is trading lower amid overall market weakness, possibly due to uncertainty around tariffs.
Tesla Shares Surge 3.9% Following Key Indicator, Ending Near Daily Peak
Tesla, Inc. saw a notable increase in its shares, with a surge of 3.9% following a key indicator. The company’s stock closed at the high of the day, having climbed almost 11 points.
Canada Retaliates Against US Tariffs by Excluding Tesla from EV Incentive Programs
Canada has taken a significant step in response to US tariffs by excluding Tesla from its electric vehicle (EV) rebate programs. This decision affects both current and future incentive programs, making Tesla ineligible for rebates as long as the US tariffs against Canada remain in place.
China's Agibot Prepares to Rival Elon Musk's Optimus with Ambitious 5,000-Robot Production Goal for 2025
Shanghai-based robotics startup Agibot has announced plans to produce up to 5,000 robots this year, setting itself up as a direct competitor to Elon Musk’s Optimus plans. This move reflects the growing enthusiasm among Chinese robotics startups amid a domestic industry boom.
Tesla's China Sales Surge to Yearly High, Analyst Downplays European Decline
Tesla Inc. has achieved a significant milestone in China, with weekly insured registrations reaching 17,300, marking the highest point this year. This increase is attributed to the ramped-up production of the refreshed Model Y.
Gordon Johnson and Jim Chanos Weigh In On Tesla's Troubling Sales Trends and Shrinking Margins
Analysts Gordon Johnson and Jim Chanos have expressed concerns over Tesla’s performance and market position, citing significant challenges in the electric vehicle manufacturer’s financial metrics.
European Electric Vehicle Market Sees Tesla's Share Slip for Second Month Amidst Rising Demand
The European electric vehicle (EV) market is experiencing a surge in demand, but Tesla’s market share has slipped for the second consecutive month. Despite this decline, overall Battery Electric Vehicle (BEV) sales have risen by 26.1% compared to the same period last year.
Vandalism Hits Austin Tesla Showroom Amid Escalating Attacks
Police in Austin, Texas, discovered multiple incendiary devices at a Tesla showroom on Monday morning. The FBI is assisting the Austin Police in their investigation. Authorities responded to the scene around 8 a.m. local time and safely took the devices into police custody without incident.
Insights from Tesla's Options Market Activity
Deep-pocketed investors have adopted a bullish approach towards Tesla, and it’s something market players shouldn’t ignore. Recent public options records have unveiled a significant move in Tesla’s options market, suggesting that something big may be on the horizon.