It was billed as an “interview” with presidential candidate Donald Trump but billionaire entrepreneur Elon Musk used the Monday night event on social media service X to promote the benefits of EVs – those from Tesla, in particular. It’s no easy sell, at least to the former president’s followers.
Tesla has stopped taking orders for the $61,000 Cybertruck, making a $100,000 version of the electric pickup the new base offering. The move surprised many observers as demand appears to be falling well short of initial expectations – and comes just days after Tesla CEO Elon Musk acknowledged Cybertruck may be overpriced.
Tesla’s Cybertruck is arguably one of the most polarizing models on the market today but while the truck has gathered plenty of publicity for the EV company, the truck has proven to be far from perfect with recalls and other issues giving Tesla and founder Elon Musk a growing headache. However, the CEO appears to have finally admitted that the truck is too expensive for its audience.
In this week’s episode of the podcast, we discuss possibly the increase in July car sales. We also highlight the 2025 Ford Maverick Lobo and review the Polaris Slingshot before making a detour to take a look at This Week in Automotive History. Click Here to listen to...
Tesla CEO Elon Musk says that the company will have humanoid robots for internal use next year as the company moves to address lingering challenges including the delay in producing its “Optimus” lineup of humanoid robots.
Your next new car is likely to be loaded with all sorts of digital technology – and the software to run it. And that means it may know “a lot about you.” And how that information is used has raised growing privacy concerns. That’s why the U.S. Commerce Dept. may impose restrictions on the use of software coming from China.
The auto industry is in the midst of the most unsettling shake-up its seen in more than a century and that’s likely force radical change in not only what products manufacturers bring to market but how and where they sell them. For one thing, Detroit automakers should consider pulling out of China, said Bank of America analyst John Murphy as part of his annual “Car Wars” study.
Tesla’s Cybertruck has gotten off to a rocky start since it finally started deliveries last November, two years late. And now, a new problem with its huge windshield wipers has forced the automaker to put deliveries of the all-electric truck on hold until it can figure out a solution.
Elon Musk celebrates yes vote by Tesla shareholders that secures his record-setting compensation plan after a judge in Delaware voided the proposed pay package in January.
A growing number of investors have announced they will vote against the $56 billion pay package Tesla’s board of directors wants to give CEO Elon Musk – though the South African-born executive insists he has lined up enough support for the proposals approval during a shareholder’s meeting this week. What happens if the plan is rejected? Musk already has fired a warning shot.
Elon Musk’s increasingly mercurial behavior is having a substantial impact on the Texas-based EV maker. But it may also have a serious impact on the Tesla CEO himself as shareholder resistance grows to the $50 billion pay package the automaker wants to give Musk. A key investor, and former Musk “fanboy,” voting no.
Tesla embarks on company wide hiring freeze as the EV maker struggles with mounting investigations, slumping demand, and a decrease in profits.