Tesla’s second-quarter sales surged by more than 20%, far exceeding Wall Street expectations. But China’s BYD handily maintained its global lead in EV sales. And that sent Tesla shares on a sharp decline.
elon musk
Tesla Reports Net Income Rose 17% in Firsts Quarter
Tesla’s Q1 earnings and revenues jumped by double digits as U.S. electric vehicle sales falling off a cliff. Company executives claimed to be “excited” about its “positioning” this year as CEO Elon Musk revealed his new $25 billion investment plan. Get details at Headlight.News.
Tesla’s On-Again/Off-Again Plan for an Affordable EV is On-Again – Really
For much of the past decade Tesla has toyed with the idea of launching an affordable EV some have labeled the Model 2. But the project has repeatedly been scrubbed, restarted by CEO Elon Musk and then cancelled again. Now, however, as Tesla sales slide and competitors aim to undercut the EV leader with their own low-priced models, the project has again gotten the green light and may finally reach market, sources report. More from Headlight.News.
Tesla Rolls Out its First Cybercab with No Steering Wheel – But Who Will Buy One?
Tesla this week rolled out the first version of its Cybercab with no steering wheel. And CEO Musk indicated it will be available for $30,000. But who will buy one – especially with mounting concerns about the safety of Tesla’s self-driving vehicle technology blamed for a growing number of Cybercab crashes?
Falling Sales, Readying for Cybercab Crimps Tesla 2025 Earnings
Tesla faced plenty of headwinds in 2025, and the company’s revenue and profits took a hit as a result. Despite the declines, the company offered its shareholders glass-half-full guidance for 2026, and the stock rose in after-hours trading. Get the story at Headlight.News.
Musk’s $1 Trillion Pay Package Goes to Tesla Sharholders
Shareholders could decide the future of Elon Musk and Tesla this week as they vote on the proposed $1 trillion pay package many big investors are finding hard to accept at a time when Musk’s judgement and entrepreneurial instinct is in question. More from Headlight.News.
Tesla Q3 Profits Take a 40% Hit Despite Revenue, Global Delivery Records
Tesla revealed its third-quarter operating income dropped 40% compared to the year-ago period despite setting a new record for deliveries and revenue during the period. Officials cited a litany of reasons, but the biggest drivers appear to be tied to tariffs and sales mix. Check out the story at Headlight.News.
Air Force Wants 2 Tesla Cybertrucks – to Blow Up
Earlier this year, the U.S. State Dept. canceled plans to purchase as much as $400 million worth of Tesla Cybertrucks for use by its diplomats. Now, the Air Force is looking to buy at least two of the electric pickups – but solely to blow them up. Headlight.News explains why.
Tesla Earnings Plunge while Musk Warns of “a Few Rough Quarters”
Tesla reported a 16% plunge in second-quarter net income as its worldwide sales continue to decline. CEO Elon Musk warned that there could yet be “a few rough quarters” ahead before the automaker gets its long-promised “affordable” EV into production. More from Headlight.News.
Tesla Sales, Stock Face New Backlash as CEO Musk Launches New Political Party
The battle between Elon Musk and Pres. Donald Trump has rapidly escalated as the Tesla CEO lays out plans to launch a new political party. But the Texas-based automaker is already suffering collateral damage. Days after Tesla announced another sharp decline in sales for the second quarter, the automaker’s stock price is taking a sharp hit as investors race for the exit. More from Headlight.News.
Tesla Quarterly Sales Numbers Drop Again, But Investors Rally
As electric vehicle sales continue to rise, albeit slowly, those increases apparently are coming at the expense of the segment leader: Tesla. The Texas-based EV maker reported its second quarter deliveries dropped 13.5% compared to the same time last year. Find out what’s crimping sales at Headlight.News.
A Wave of Senior Execs Exit As Tesla Sales Plunge
Yet again, Tesla sales stumbled by double-digits in May, marking the fifth monthly decline in a row. Meanwhile, the man appointed to run operations and sales in Europe and the U.S. has left the automaker, as has its head of human resources. Tesla has seen a flood of senior execs leave in recent months, including the head of its Optimus robot program. But it did manage to snag the former head of autonomy from GM’s now shuttered Cruise subsidiary.