Tesla, Elon Musk
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Tesla CEO Elon Musk says his company will begin to roll out a fleet of self-driving taxis in June — the sort of news that investors should be careful with.
Tesla being Tesla, just because those better APRs expire on June 16 doesn’t mean they’re gone for good. All it takes is a little patience. If inventory doesn’t move fast enough, there’s a decent chance Tesla brings them back, or maybe even throws out a zero percent deal before the year’s over.
IPO’d at $17 per share. Fast-forward 15 years, plus a five-for-one and three-for-one split, and Tesla’s stock is trading at just over $341 per share as of this writing — an impressive rise that made a few early investors millionaires.
Chinese EV giant BYD sold more electric models than Tesla in Europe for the first time in April, as consumer interest in Elon Musk's automaker collapsed.
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Despite steep tariffs, the Chinese carmaker leapfrogged Tesla in April, in what an analyst called a “watershed moment” for the continent’s auto market.
When you look at sales at the brand level, things get a little worse for the American automaker. Volkswagen sold more EVs than anyone else in Europe last month, increasing by 61 percent to 23,514 units. As for Tesla? It fell to 11th place, with just 7,165 sales in total, a 49 percent decrease year on year.
Despite its name, Full Self-Driving (FSD) is still considered a level 2 driver assist system and is not fully self-driving. It requires drivers to stay attentive at all times and for them to be ready to take control – hence while Tesla has more recently added ‘Supervised’ to the name.
Chinese consumer electronics giant Xiaomi has launched a new electric SUV and debuted a self-designed smartphone chip, in a push to expand beyond its roots in budget devices.
Measuring 4,780 mm (188.2 inches) long with a wheelbase of 2,880 mm (113.4 inches), the bZ5 shares similar dimensions with many electric crossovers in China, including the Tesla Model Y. The model is built on Toyota’s e-TNGA platform, which underpins the entire bZ lineup.
Several Tesla Cybertruck owners in Texas are reporting a "quirk" where their trucks in FSD drive into oncoming traffic while making a left turn. This comes less than two weeks before Tesla launches unsupervised FSD in Austin,
Americans are viewing Tesla in an increasingly negative light, according to an annual survey. Even scandal-hit UnitedHealth Group and the U.K. oil company behind the Deepwater Horizon catastrophe are viewed in a better light.