The explosion of a Tesla Cybertruck in front of a hotel owned by President-elect Donald Trump Wednesday is now being investigated by the FBI for potential ties to terrorism as well as any connection to the New Orleans truck attack that killed 15 people. Get details at Headlight.News.
Tesla CEO Elon Musk
Tesla Beats Q3 Profit Expectations from Wall Street
EV maker Tesla reported better-than-expected results for the third quarter. The Texas-based company beat the analysts’ profit forecasts despite coming up slightly short on revenue predictions. Get the details of the company’s third quarter results at Headlight.News.
NHTSA Opens Investigation into 2.4 Million FSD-Equipped Teslas
Just days after showing off nearly two dozen Cybercabs running on Full Self-Driving, Tesla finds itself being investigated by the National Highway Traffic Safety Administration. The feds are examining 2.4 million FSD-equipped vehicles due to issues driving in “reduced visibility conditions,” including a fatality. Find out more at Headlight.News.
Wall Street Wary About Tesla’s Shift from EVs to Robotaxis
Tesla appears to be planning a shift away from its once groundbreaking EVs to put more focus on a line of robots and robotaxis but that has generated some significant pushback from investors who question the new business model announced by CEO Elon Musk during a flashy Hollywood rollout last week.
Tesla Cybercab Highlights Elon Musk’s Glimpse into the Future
An ebullient Elon Musk took to the stage Thursday night not just to show off the long-awaited Cybercab, Tesla’s CEO offered a peek at what his idea of what the future should be, and that kicks off sometime near the end of 2026 when the first Cybercabs go into production. Get details at Headlight.News.
Tesla Readying Debut of First Robotaxi
The day that Tesla CEO Elon Musk has talked about for years is about to arrive. Tesla’s reportedly set to debut its first purpose-built robotaxi in California next month. It arrives at a tenuous time for self-driving vehicles. Get more detail at Headlight.News.
Investors Unhappy with Tesla’s Results, Musk’s Explanation
Tesla’s second quarter results reflected the tough times the EV maker’s experiencing now that there is more competition and other issues impacting sales. While the company’s overall revenue rise slightly, its net income and automotive operations revenue took massive hits. Moreover, CEO Elon Musk doesn’t seem too bothered by the numbers. Get details at Headlight.News.
Tesla Takes a Q2 Hit Due to Automotive Business
EV maker Tesla reported its overall revenue increased slightly in the second quarter, but it wasn’t because of its automotive operations, which fell 7%. The company reported net income and adjusted earnings were down year-over-year as well. Get the details at Headlight.News.
Tesla Looks to Drum Up Sales With New Long-Range Model 3 Variant
Back-to-back quarterly sales drops seems to have CEO Elon Musk’s attention. Always looking for ways to bolster deliveries, Tesla’s offering a new long-range variant of the Model 3 sedan. Get details at Headlight.News.
Tesla Falls Short in First Quarter, Sees Profit Drop 55%
For the first quarter of this year, Tesla delivered fewer vehicles and made less money than it did at this time last year. The company’s net income fell 55% and revenue slid 9% despite EV sales being up for other automakers during the period. Get details at Headlight.News.
Tesla Shares Slide After Most Recent Price Cuts
EV leader Tesla saw its share price fall more than 3% Monday after it cut prices on many of its vehicles by as much as $2,000 over the weekend. It’s the second time the company’s slashed prices in the past two weeks, highlighting the company’s efforts to revive sales and improve profits. Find out more at Headlight.News.
Tesla Cutting 10% of Workforce Globally, Implementing Other Changes
Tesla CEO Elon Musk is reacting to the EV maker’s sluggish sales by cutting 10% of the company’s global workforce, according to reports. Additionally, he’s making other personnel changes aimed at reducing overhead. The move comes 10 days after he slashed prices on vehicles to stimulate sales. Find out more at Headlight.News.