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Tesla sales in Québec plunged 85% in the first quarter, mirroring sharp declines seen in Europe. Canada has frozen $43 million in Tesla EV rebates due to Trump's tariffs and fraud concerns.
Tesla ’s electric vehicle business is slowing fast. In the first three months of 2025, its revenue fell 9 percent and profit plummeted 71 percent from a year ago.
Tesla’s dedicated robotaxi — the Cybercab — is slated for a 2026 launch as well. "It's prudent for us to start with a small number, confirm that things are going well, and then scale it up ...
Not so long ago, Tesla aimed to sell 100,000 Model S/X per year. Now, Tesla is not even reporting Model S/X sales anymore, and they were estimated to be below 50,000 units globally in 2024.
Business Tesla sales still struggling in WA as the Elon effect lingers May 27, 2025 at 6:00 am Updated May 27, 2025 at 6:00 am By Paul Roberts ...
In making upgrades to its off-lease vehicles, the people familiar with Tesla's retail operations told Reuters, the company often added "Full Self-Driving" software, which it has sold separately ...
With an average price of $79,000, Tesla's inventory holds a value approaching $808 million. Much of the stockpile consists of 2024-manufactured vehicles, already months old.
Tesla today denied a report that its board contacted executive search firms to find a replacement for CEO Elon Musk. The Wall Street Journal reported last night that about a month ago, "Tesla's ...
Coming in June, the lower-priced Tesla is not expected to be an entirely new model. It's likely to be a more basic version of the 2025 Model Y SUV.
Longtime Tesla bull Dan Ives of Wedbush raised his price target for Tesla's stock to $350 from $315 following what he called a "pivotal conference call for Musk to turn the corner from this dark ...
Tesla's Q1 2025 earnings showed a 71% drop in net income and a 9% decline in revenue. Elon Musk attributed some of Tesla's struggles to "rapidly evolving trade policy" and "changing political ...
CEO Elon Musk pledged Tesla would return to growth this year after the company posted its first-ever sales decline in 2024. But the odds look stacked against him.
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