Tesla, one of the largest electric vehicle companies in the world, is facing a significant decline in sales in certain parts of the world, possibly due to CEO Elon Musk’s deeper involvement in politics.
Tesla to Launch First Overseas Megafactory Production on February 11
Electric vehicle giant Tesla Inc. is set to start production at its Shanghai megafactory on February 11, marking a significant milestone in the company’s expansion plans. This development comes less than a year after the construction of the megafactory began.
Tesla Expands Workforce to Launch In-House Production of Optimus Robots
Electric vehicle giant Tesla Inc. is expanding its workforce by hiring several engineers and manufacturing technicians to ramp up production of its humanoid robot, nicknamed Optimus. The company is looking to fill various positions, including production manager, manufacturing quality technician, and manufacturing engineer, mostly based in California.
Unusual Options Trading Activity in Tesla on February 5th
Financial giants have made a significant bearish move on Tesla, with 23 unusual trades recorded. Our analysis reveals that 26% of traders are bullish, while 65% show bearish tendencies.
Musk and Modi Set to Meet: Tesla and Starlink Launches in India to be Discussed
Indian Prime Minister Narendra Modi is expected to meet with Elon Musk, CEO of Tesla Inc., during his visit to the United States later this month. The meeting, scheduled for February 13, will likely involve discussions about the launch of Tesla vehicles and Musk’s Starlink satellite internet service in India.
Tesla Offers Temporary Car Insurance Discount for Model 3 Owners in China Amidst Q1 Delivery Challenges
Tesla Inc. has introduced a temporary car insurance subsidy of 8,000 yuan (approximately $1,100) for new Model 3 vehicle purchases in China. This move is likely an attempt to boost demand for the company’s cheapest offering.
Figure AI Cuts Ties with OpenAI, Teases Revolutionary Humanoid Reveal
Robotics company Figure AI has announced that it will be ending its collaboration agreement with OpenAI. This decision comes after the company achieved a major breakthrough in its in-house robot AI. Brett Adcock, the CEO of Figure AI, made this announcement on social media, stating that the company is excited to reveal something revolutionary in the next 30 days.
Tesla Earnings Expected to Disappoint in 2025 Amid Dependence on Car Sales
The automotive industry is abuzz with the latest news from Tesla, the electric vehicle (EV) giant. Despite its reputation as a pioneer in the EV market, Tesla’s dependence on car sales is expected to lead to disappointing earnings in 2025. In this article, we will delve into the reasons behind this forecast and what it means for the company’s future.
Tesla Unveils Affordable Cybertruck Option in Canada Amid Foundation Series Price Hike
Tesla has launched its non-foundation series Cybertrucks in Canada, offering a more affordable option for customers. The lower-priced all-wheel drive variant starts at C$114,990 (approximately $79,759), while the more premium Cyberbeast variant starts at C$142,990.
Tesla Cybertruck Sales May Collapse in 2025, Analyst Warns
Researcher Troy Teslike expects Tesla to sell only 21,000 Cybertrucks in 2025, a significant decrease from the sales in 2024. This forecast is much lower than the estimated 65,000 units predicted by Wall Street analysts.