Prominent Wall Street short seller Jim Chanos has criticized Tesla Inc. for receiving billions in federal subsidies. This criticism comes as Tesla’s Cybertruck is now eligible for a $7,500 federal tax incentive, with a starting price of $72,490.
Elon Musk's Trump Endorsement Backfires: Tesla Sales Plummet 12% in California
The electric vehicle market in the United States saw a record 1.3 million units sold in 2024. However, market leader Tesla experienced pressure, with its first annual delivery decline. A new report reveals that California, the largest market for electric vehicles in the U.S., has seen a decline in Tesla model registrations.
Tesla Stock Sees Monday Movement: What's Behind the Shift?
Tesla, Inc. shares are trading lower following the announcement that tariffs on all products from Canada, Mexico, and China will take effect.
Elon Musk's Tesla May Bypass US Tariffs by Importing Model Y to Canada from Berlin Amid Escalating Trade Tensions
Tesla Inc is expected to start shipping Model Ys from its gigafactory in Berlin to Canada, following the announcement of retaliatory tariffs on imports from the US. This move is seen as a strategic decision to avoid high tariffs on importing from the US and Shanghai.
JPMorgan Analyst Baffled as Tesla's Stock Defies Earnings Expectations
Tesla Inc., owned by Elon Musk, has experienced an unexpected 8% surge in its stock price following a significant earnings miss. This phenomenon has left JPMorgan analysts, particularly Ryan Brinkman, perplexed and questioning the reasoning behind the market’s reaction.
Tesla Kicks Off Worldwide Manufacturing of Updated Model Y, Deliveries to Commence in March
Electric vehicle giant Tesla has started production of its refreshed Model Y across its four factories around the globe, including its gigafactory in Texas. This move marks a significant milestone for the company as it aims to ramp up production and meet growing demand for its best-selling vehicle.
Vivek Ramaswamy Exits DOGE, Sets Sights on Ohio Governorship Amid Rumored Elon Musk Fallout
Vivek Ramaswamy, the former co-leader of the Department of Government Efficiency (DOGE), has clarified his departure from the organization. He is now focusing on pursuing elected office, particularly at the state level, with a potential bid for the Ohio governorship.
Tesla's White Interior Option for Refreshed Model Y Launch Series Sells Out Before First Deliveries
Electric vehicle giant Tesla Inc has marked the option for white interiors as sold out on its launch series of the refreshed Model Y vehicle in the United States. This development comes even before deliveries have started, highlighting the strong demand for the new model.
Tesla to Cut Over 10% of Workforce by Year's End
Tesla Inc, a leading electric vehicle (EV) manufacturer, has announced a significant reduction in its workforce. As of December 2023, the company had 125,665 employees, marking a 10.5% decrease from the previous year.
Tesla Deliveries Expected to Decline in 2025 Amid New Model Releases
Tesla Inc is expected to see a decline in its EV deliveries in 2025, despite the company’s promise to release new and more affordable models. According to researcher Troy Teslike, deliveries are expected to drop by 1% to 1.77 million units, below the company-compiled consensus estimate of over 2 million units.