In mid-March, Tesla officials warned a $1,000 price increase would be applied to the Model Y on April 1 — and they made good on it. Just four days later, the EV maker is offering big discounts on several vehicles, hoping to shed excess inventory. Find out more at Headline.News.
Betting on the stock market isn’t for the fainthearted. But it takes an iron constitution to buy in on Tesla. True, those who’ve hung with the automaker since its early days have been well rewarded. But recent years have taken investors on a rollercoaster ride. And nowhere has it been more apparent than over the past few months. After nearing a 52-week late last year, Tesla shares have been in decline. And that’s now showing signs of turning into a full-on rout, even some long-term Tesla bulls getting worried.
EV maker Tesla fell short of is production targets in 2023, but it still made plenty of money. In fact, it made money in spite of repeated price cuts on its most popular vehicles, the Model 3 and Model Y, which was the bestselling vehicle in the world. Find out more at Headlight.News.
Tesla CEO Elon Musk is looking for a trade: power for influence. It’s an oversimplification, but he wants 25% of the company’s voting power in order to continue developing AI-based technologies. Get details at Headlight.News.
Tesla has come under fire for posting what some critics claim to be wildly optimistic range numbers for its battery-electric vehicles. Now, as the Department of Justice begins looking into potentially inflated claims, the automaker has lowered the estimates on at least some versions of three of its five models.
Like the kid getting revenge on the bully who used to kick sand on his face at the beach, the Ford F-150 came to the rescue of a humbled Tesla Cybertruck in a video now gone viral. Get the details at Headlight.News.
Tesla will recall 2 million EVs sold in the U.S. to make significant updates to its Autopilot system. As Headlight.News reported Tuesday, the semi-autonomous technology has come under fire because, among other things, it can be used on roads for which it was not designed. That has been linked to numerous fatal crashes. But Tesla put a positive spin on the issue, CEO Elon Musk claiming the recall is part of a “moral obligation” to ensure the safety of its vehicles.
A Florida man was arrested after taunting authorities “to stop me” before making a threat to commit what is being described as a “mass casualty” event during the roll-out of the new Tesla Cybertruck last week. More from Headlight.News.
Almost precisely four years after unveiling its first electric pickup, and after a long series of delays, Tesla finally delivered the first Cybertruck to customers at its Texas assembly plant on Thursday afternoon. The question is whether the all-electric pickup will live up to the hype it has received –considering it falls well short of its original range target while prices are 50% higher than what was promised in 2019. Even the automaker’s CEO Elon Musk isn’t as confident as normal.
A judge in Florida cited “reasonable evidence” that Tesla and its CEO Elon Musk knew the automaker’s Autopilot system had a potentially fatal defect, a finding that could create serious problems for Tesla as it faces the third trial this year over the semi-autonomous driving system.
Tesla CEO Elon Musk has bandied about plans for a $25,000 electric vehicle for a few years now. However, that vehicle — dubbed the Model 2 by some — appeared to be pushed to the wayside as the EV maker focused on bringing the Cybertruck to the market. However, there are reports the “cheap” EV is front and center again. Get details at Headlight.News.
Sometimes you can’t wait for the day to end, and that’s probably the case for Tesla investors who watched the stock stumble since the automaker delivered a weak third-quarter earnings report, sending shares tumbling for two days in a row. Among those hardest hit, CEO Elon Musk whose own holdings have now lost more than $20 billion in value.