Tesla’s EV Business Is Slowing—But Investors Are Buying Elon Musk’s A.I. Promises
Tesla shares rise on Musk promise to launch cheaper EVs, autonomous vehicle
By Zaheer Kachwala and Siddarth S (Reuters) -Tesla shares gained more than 2% on Thursday after CEO Elon Musk vowed to launch long-awaited cheaper models in the first half of 2025 and start testing an autonomous ride-hailing service in June.
Austin will get fully self-driving Teslas 'in the wild' in June, Musk says
Tesla will launch unsupervised, Full Self Driving as a paid service in Austin in June, Chief Executive Elon Musk said on the call. There will be "no one in the car," he added. Musk went on to do a bit of a self-reflection: His predictions may sound "insane" but "they will prove to be accurate,
It seems to be working. Elon Musk wants to rebrand Tesla as an AI company. It seems to be working. Andrew J. Hawkins is transportation editor with 10+ years of experience who covers EVs, public transportation,
Still, during Tesla's fourth-quarter earnings call on the evening of January 29, he sent a characteristically blunt message to those who doubted him along the way. "Very few people understand the value of self-driving and [Tesla's] ability to monetize the fleet.
According to Tesla's quarterly report, the company made $2.3 billion in net income in Q4 2024. Net income is the amount the company actually made after subtracting its expenses from its revenue total. That's a whopping 70 percent decrease in net income compared to Q4 2023.
EV owners of GM vehicles like the Chevrolet Silverado EV and Cadillac Lyriq will now officially have access to Tesla’s Superchargers.
Tesla confirmed the technologies pioneered with the Cybertruck, including steer-by-wire and the 48-volt architecture, will be used in future EV models
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday.
Tesla (TSLA-0.72%) has been one of the best-performing stocks on the market over the last five years but also remains a battleground among investors. CEO Elon Musk has long been a lightning rod for controversy,
In an online forum for shareholders ahead of Tesla's fourth-quarter earnings, investors clamored for details about Elon Musk's robotaxi rollout.
The electric luxury SUV gears up for the long haul with up to 450 miles EPA-estimated range and super-fast charging à gogo.
[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.
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