News

Tesla profit slumped in second quarter, a sign Musk is hurting the brand

The fallout from Elon Musk's dive into politics a year ago is still hammering Tesla sales, as profits drop sharply in latest ...

Tesla continues its financial struggles even after Elon Musk's White House exit

Tesla’s financial position is getting worse, as the fallout continues from CEO Elon Musk’s politics. The electric automaker ...

Tesla CEO Elon Musk warns of ‘teething pains’, points to humanoid robot program, AI and chip design for future growth

Tesla CEO Elon Musk warned of challenges after the EV maker saw a 12% revenue drop to $22.5 billion in Q2, marking its worst ...

Elon Musk’s Tesla Diner is a next step in the beleaguered EV-maker’s plan to create an ‘all-encompassing brand,’ analyst Dan Ives says

The CEO is already eyeing expansion for his Tesla Diner dishing merchandise and food served by Optimus robots.

Undeterred by limits, Elon Musk plots a big robotaxi expansion

Musk said that half the US population could have access to a Tesla robotaxi by the end of 2025. That’s a huge leap from the ...

Analysis-Tesla faces difficult road ahead as it hopes robotaxis will offset declining sales

LOS ANGELES (Reuters) -Tesla and its CEO Elon Musk are walking an increasingly difficult tightrope as the company navigates ...

Elon Musk’s Tesla posts steepest sales decline in over a decade as EV demand slumps

The company reported the steepest decline in quarterly revenue in more than a decade, with a 12% fall, as it battles strong ...

Tesla stock in the green ahead of Q2 earnings: what to expect

Tesla’s prolonged sales downturn is set to come under further scrutiny when the electric vehicle maker reports its ...