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.
Fans and investors alike were disappointed with the debut of less expensive variants of the Model 3 and Model Y, both dubbed “standard.” Both groups — and others — were hoping to see an all-new entry-level vehicle from the EV leader. Get details at Headlight.News.
Sometimes, the only thing more complicated than the auto industry is the English language. So when Tesla CEO Elon Musk decided to map out the burgeoning growth area for robotaxi coverage in Austin, Texas, the punctuation played a critical role in defining whether it was a normal critique of Musk’s actions or surprise by readers. Find out more at Headlight.News.
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.
Tesla’s first day of robotaxi service in Austin, Texas appeared to go off without a disastrous hitch. However, federal safety regulators are looking into situations where the vehicles may have broken local traffic laws. Meanwhile riders offered their largely positive reviews. Get details at Headlight.News.
This year’s annual American-Made Index from Cars.com saw the Tesla Model 3 rise to the top of the list, followed by the rest of the Tesla lineup. Last year’s winner was the Model Y so this is getting to be old hat for the brand. However, the big surprise was what company didn’t have a vehicle in the top 20. Go to Headlight.News to find out which Red, White and Blue touting company didn’t make the grade.
Tesla CEO Elon Musk has been promising a self-driving vehicle for years — and missed those targets for years. However, the time has arrived for him to make good on his word, he says, and the first set of driverless Teslas will be delivered in June. Get details in Headlight.News.
Tesla CEO Elon Musk attempted to use the EV maker’s earnings calls to quell concerns about his work with the Trump administration. He plans to leave his day-to-day role at the Department of Government Efficiency in a month to focus on Tesla. Get details about Musk’s plans and Tesla at Headlight.News.
EV maker Tesla’s first-quarter earnings didn’t meet Wall Street expectations. Analysts predicted the company’s earnings would be flat on a year-over-year basis, but the company’s revenues were down 9%, and its adjusted earnings slid 17%. Find out more at Headlight.News.
The ongoing trade tensions between the U.S. and Canada got a little more … targeted Monday. The city of Toronto announced Tesla vehicles will no longer be eligible for the city’s EV incentives for taxis. Get details at Headlight.News.
The day after President Donald Trump and adviser/Tesla CEO Elon Musk showed off the president’s just-purchased Tesla Model S, the Trump administration took the next step in eliminating the Biden administration’s push to increase electric vehicle production. Find out more at Headlight.News.
After reporting its first-ever year-over-year sales decline, Tesla Inc. fell short Wall Street analysts’ expectations, but after-hours investors seemed happy with the overall message from the EV maker, pushing the stock up in post-bell trading. Get details at Headlight.News.