The stock price of Tesla Inc is experiencing a significant slump, with a potential 50% drop from its all-time high reached in December. This decline is attributed to weaker than expected demand in regions like Europe. According to Goldman Sachs analyst Mark Delaney, the demand trends for electric vehicles are broad, but lower demand in Europe will lead to lower delivery estimates for Tesla.
Tesla Sees 21% UK Registration Surge in February Following January Decline
American EV giant Tesla Inc. witnessed a significant increase in new car registrations in the UK in February, with 3,852 new registrations, marking a 21% growth from the corresponding month of 2024.
Tesla Offers Over $1000 Insurance Discount on Model 3 in China for Limited Time
Tesla is offering a limited-time insurance subsidy of 8000 yuan ($1,101) for buyers of its Model 3 sedan in China. This move is seen as an attempt to boost demand for the vehicle.
Cory Booker Claims He's the Trump Social Media Critic Elon Musk Sought with Cybertruck Bounty
Senator Cory Booker (D-N.J.) has come forward as the leader of a social media campaign targeting President Donald Trump. The campaign, which involved 22 Senate Democrats, was a response to a challenge thrown by billionaire tech entrepreneur Elon Musk.
European Tesla Sales Plummet 40% in February Amid Musk's Divisive Politics
Tesla Inc sales in Europe have taken a significant hit, with the latest figures indicating a 40% decline in February. This sharp drop has led to speculation that CEO Elon Musk’s increasing involvement in politics, particularly his support for Donald Trump and his stance on the Russia-Ukraine war, may be hurting the brand.
Tesla Stock: What's Behind Tuesday's Movement?
Tesla, Inc. stocks experienced a decline on Tuesday, primarily due to a decrease in sales of China-made electric vehicles (EVs) in February. This article delves into the details behind this movement, exploring the key factors and expert insights.
Tesla Offers 0% APR Financing on Model 3 as Demand Slows
Tesla Inc. is introducing 0% annual percentage rate (APR) financing on all Model 3 trims in the U.S. as the company faces challenges with demand, including declines in key markets.
Tesla Stock Poised for 50% Surge on AI and Robotics, Says Top Analyst
Morgan Stanley has reinstated Tesla Inc. as its top U.S. auto pick, driven by the company’s growing focus on artificial intelligence and robotics. This endorsement comes despite Tesla’s recent struggles, including a 45% drop in European sales in January and a decline in 2024 annual deliveries.
Massachusetts Tesla Supercharger Catches Fire, No Customers Affected
A Tesla supercharger in Littleton, Massachusetts, caught fire in the early hours of Monday. Fortunately, no customers were affected by the incident, which is believed to have been intentionally set.
Tesla Stock Drops as Trump Tariff Plans Spark Concern
The stock market is reacting to the latest announcements from U.S. President Donald Trump, who confirmed plans to impose new tariffs on imports from Canada, Mexico, and China. As a result, Tesla Inc. shares are trading lower, sparking concerns about increased costs for American consumers and the potential for higher inflation.