Despite Elon Musk’s close ties to Trump, Tesla’s CFO admits the president’s tariffs plan would impact ‘business and profitability’
Even though CEO Elon Musk is in Trump’s inner circle, Tesla CFO Vaibhav Taneja said Wednesday that the EV maker could be affected by tariffs imposed by Trump. Just because Elon Musk is Donald Trump’s self-designated “first buddy” doesn’t mean his EV company won’t be hurt by the President's policies,
Is Tesla still a car company?
It seems to be working. Elon Musk wants to rebrand Tesla as an AI company. It seems to be working. Andrew J. Hawkins is transportation editor with 10+ years of experience who covers EVs, public transportation,
Elon Musk says a paid robotaxi service launches in June — and Tesla will dip a 'toe in the water' before expanding it
AI Roadmap: Tesla Robotaxi To Launch In June, Rivian Plans L3 Autonomy
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Tesla to Launch Self-Driving Car Service in Texas in June, Elon Musk Says
Trump is putting Tesla's $2.8 billion side hustle under threat
Tesla has made billions off electric cars its rivals aren't selling, but President Donald Trump's anti-EV policies put that revenue stream at risk.
Tesla’s 2024 financial results are out—and they’re terrible
Tesla released its financial results for 2024 on Wednesday afternoon, following the close of the markets. The maker of electric vehicles may have to invest in stocks of red ink, because 2024 results were even less impressive than the already-underwhelming 2023 numbers.
Tesla profits dropped by 70 percent last quarter
According to Tesla's quarterly report, the company made $2.3 billion in net income in Q4 2024. Net income is the amount the company actually made after subtracting its expenses from its revenue total. That's a whopping 70 percent decrease in net income compared to Q4 2023.
Trump Threatens Tesla Revenue Stream That’s Never Been Bigger
Since it’s been making electric vehicles, Tesla Inc. has raked in almost $12 billion straight from the coffers of its competitors. If Donald Trump gets his way, that revenue stream won’t flow quite as quickly the next few years.
Tesla earnings live updates: Promising ‘return to growth’ and cheaper cars
Tesla earnings call: Elon Musk reveals timeline for driverless cars, humanoid robots
Tesla rises despite weaker earnings on promise to return to growth
Shares of Tesla (TSLA) are on the rise on Thursday despite the electric vehicle maker’s earnings missing expectations. The company pledged to
Police say burning Tesla battery prevented them from saving driver in fatal crash
Officers tried to get into the vehicle to save the driver, but "due to the intensity of the flames and heat, they were unable to rescue the occupant," the department said.
Elon Musk admits that Tesla will have to replace old computers for FSD buyers
The news comes from CEO Elon Musk, who finally admitted it during Wednesday's Tesla earnings call (via Electrek ). "The truth is that we will need to replace all HW3 computers in vehicles where FSD was purchased," said Musk after Tesla's head of FSD, Ashok Elluswamy, said the company is "not giving up on it."
How to tune into Tesla’s earnings webcast
Everyone from EV fanatics to AI pundits and all the analysts in between are eagerly awaiting Tesla’s fourth-quarter and full-year 2024 earnings report. And here is how to find the webcast, which is scheduled to kick off at 5:30 p.
Tesla Researcher Predicts Drop In Deliveries For Elon Musk's EV Giant In 2025 Despite New Model Launches
Tesla Inc researcher Troy Teslike expects the company's EV deliveries to drop this year despite the company promising new and more affordable models on Wednesday.