Tesla is off to a bumpy start this year. The electric vehicle giant’s profit plunged 71% in the first quarter to $409 million as the company faced a flurry of setbacks, including looming tariffs and a brand crisis perpetuated by Chief Executive Elon Musk’s prominent role in the Trump administration. The Austin, Texas-based company reported…
In This Story Tesla (TSLA) stock is staying strong in trading Thursday after the company delivered earnings that largely surprised Wall Street and Elon Musk delivered a new round of optimistic forecasts. Prada is making spacesuits for NASA and the price tag is out of this world The automaker reported improved operating profit margins, automotive…
Investors were left with more questions than answers, it seems, following Tesla’s (TSLA) “We, Robot” robotaxi event on Thursday night. CEO Elon Musk unveiled a fully autonomous Cybercab from the Warner Bros. Studios lot in Los Angeles, a vehicle with design nods to the EV maker’s Cybertruck. The Cybercab is slated for a 2026 or…
Tesla CEO Elon Musk has unveiled the company’s latest vehicle, the Cybercab, a fully autonomous self-driving car with no steering wheel, accelerator, or brake pedal. Musk showcased Tesla‘s latest innovations at the “We, Robot” event held at Warner Bros. Studios in Southern California. The spotlight was on the Cybercab, a self-driving taxi that he says…
Tesla’s Cybercab Tesla On Thursday night, Elon Musk, the billionaire CEO of Tesla, showed off the company’s new fleet of robotaxis called Cybercabs, electric vehicles meant to shuttle passengers without drivers. Musk made the announcement at a highly-anticipated event at the Warner Brothers movie lot in Burbank, California. He arrived by being picked up by…