Tesla, Elon Musk
Digest more
Tesla attributed the revenue decline to a drop in vehicle deliveries, less money from regulatory credit sales and a lower average selling price for its vehicles. Still, Musk struck an optimistic tone on Tesla’s post-earnings call and is banking on a rapid expansion of the company’s robotaxi service.
President Donald Trump took a break from his bitter public feud with Elon Musk by offering support to Tesla in an early morning post on Truth Social.
Cheer to lovers of Vine, the now-defunct social media app is making a comeback. Or is it? Well, according to X, formerly Twitter, CEO Elon Musk, it is. He posted Thursday morning that Vine, the app known for its six-second looping videos,
Tesla shares are falling after CEO Elon Musk warned of "a few rough quarters" as the company shifts focus to offering a self-driving taxi service.
Company points out early progress on robotaxis and bots, as revenue from electric vehicles plummets.
The earnings report covers Tesla’s finances for April, May and June — a period that overlapped with Musk’s tenure in the White House. Musk left his government job May 30.
Musk said that half the US population could have access to a Tesla robotaxi by the end of 2025. That’s a huge leap from the company’s current limited rollout.
Tesla's earnings are due today with an investor call at 5:30 p.m. ET. Elon Musk's politics have rocked TSLA stock, with shares down 18% YTD.