The electric vehicle market has seen a rise in new EV prices in April, potentially due to tariffs and decreased incentives. Tesla led the way in the US for the month, but its Cybertruck sales have been a disappointment.
Tesla Shares Surge on China Tariff Reprieve and Autonomous Taxi Speculation
Tesla Inc has seen a significant surge in its shares, with a 16.6% increase to $322.72 over the past week. This upward trend can be attributed to the easing of U.S.-China tariff tensions and CEO Elon Musk’s renewed commitment to leading the electric vehicle giant.
Tesla Previews Advanced FSD Features Before Upcoming Robotaxi Showcase
Tesla has been showcasing its advanced Full Self-Driving (FSD) technology in preparation for the upcoming Robotaxi launch in Austin, Texas. The company’s FSD capabilities have been demonstrated through a video posted on social media, highlighting a Tesla vehicle navigating through traffic using Supervised FSD near Los Angeles International Airport.
Sam Altman Extends Olive Branch to Elon Musk Amid Social Media Feud
In a surprising turn of events, OpenAI CEO Sam Altman has reached out to Tesla Inc.’s chief Elon Musk in an attempt to put their differences aside. This gesture comes after a recent social media disagreement between the two influential figures in the tech industry.
Tesla Extends Memorial Day Break Amid 13% Delivery Decline and Rising Inventory
Tesla Inc. has instructed workers on Model Y and Cybertruck production lines at its Austin factory to stay home during Memorial Day week. This marks an unusually extended break as the automaker grapples with declining deliveries.
Texas Passes Laws Shielding Companies Like Tesla From Shareholder Lawsuits Amid Elon Musk's Pay Dispute
Texas lawmakers have passed legislation that significantly reduces the influence of small shareholders over corporations. This move is expected to provide a shield for companies like Tesla Inc. from legal challenges that have plagued them in Delaware.
Tesla Outmaneuvers Tank: Backfired Stunt Turns Into Unintended Sales Boost
A recent attempt by a political action group to demonstrate its disdain for Tesla Inc. and its CEO Elon Musk has backfired, inadvertently showcasing the durability of Tesla’s vehicles. The group, seeking to criticize Musk’s increased role in politics, targeted Tesla with a dramatic stunt involving a Sherman tank and a Tesla Model 3.
Tesla Shares Defy Setbacks and Risks with Friday Gain
Tesla Inc shares surged higher by about 5% to $298.96 on Friday, driven by broader market optimism after the US signed a landmark trade agreement with the UK. The deal, which slashed tariffs on British cars and boosted Boeing aircraft orders, fueled investor confidence this week.
Elon Musk Critic's Employment Terminated by Tesla: Report
A 35-year-old Tesla employee, Matthew Labrot, has been terminated from his position at the company. The reason behind this decision is reportedly due to Labrot’s creation of a website criticizing Tesla’s CEO, Elon Musk.
Gary Black Reaffirms Tesla As Industry Leader In EVs And Autonomous Driving, With A Caveat
Investor Gary Black has reaffirmed Tesla’s position as a leader in the electric vehicle (EV) and autonomous driving industries. According to Black, Tesla is well-positioned to capitalize on the growing adoption of EVs and increasing demand for self-driving vehicles.