Tesla’s grip on the US electric vehicle (EV) market appears to be loosening after years of dominance. Recent industry data suggested that the company’s share of the US EV market fell to levels not seen in nearly eight years, reflecting growing pressure from rivals, shifting consumer choices and Tesla’s own strategic redirection. The development raised…
Photo-Illustration: Intelligencer; Photo: Getty Images It has been a rough stretch for Tesla. The once-dominant electric car company has seen plummeting sales across multiple continents. It faces tough competition from an explosion of sophisticated electric car manufacturers in China. The Cybertruck, its only major model release in recent years, has been a flop. And Republicans’…
The Federal Aviation Administration (FAA) has wrapped up a series of public hearings on SpaceX’s proposal to launch its Super Heavy Starship rocket from NASA’s Kennedy Space Center (KSC). The sessions, held both in-person and online, form part of the draft environmental impact statement (EIS) review that will determine whether SpaceX would be cleared to…
(Reuters) –Tesla‘s board has proposed an unprecedented $1 trillion compensation plan for CEO Elon Musk, putting the spotlight on Musk’s hold on the electric-vehicle maker as it looks to pivot into robotaxis and humanoid robots. COMMENTS: PETER ANDERSEN, FOUNDER, ANDERSEN CAPITAL MANAGEMENT, BOSTON “Investors were on the sidelines waiting for something like that to get…
Musk says Grok is coming to Tesla vehicles Elon Musk says AI Grok is coming to Tesla vehicles, days after it unleashed antisemitic rant 03:04 Tesla’s board is asking shareholders to approve a new pay package for CEO Elon Musk that could be worth up to $1 trillion in a decade, representing one of the…
Tesla has reached another roadblock as safety officials claim the EV automaker has not always followed procedure when reporting crashes involving its vehicles. The National Highway Traffic Safety Administration has opened a new investigation regarding the way Tesla reports crashes that involve its advanced driver assistance systems, according to Electrek. The publication reported that automakers…
2025-09-05T03:27:44Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. President Donald Trump hosts…
Tesla’s Full Self-Driving software has made waves worldwide and is a significant development in the realm of electric vehicle news. The company has now hinted at launching the software in two additional countries: Thailand and Japan. According to Teslarati, Tesla Japan has begun testing FSD and is awaiting compliance with local safety standards before hitting…
Chinese makers of smart electric vehicles (EV) will have to redouble their efforts over the next few quarters to stay on track to break even as the brutal discount war in the world’s largest vehicle market shows few signs of abating. From Nio to Xpeng and Zeekr, China’s EV start-ups have been reporting smaller losses…
This article first appeared on GuruFocus. Sep 3 – Elon Musk has unveiled another venture under his xAI umbrella, an artificial intelligence project called Macrohard, a tongue-in-cheek reference to Microsoft. While this latest move highlights Musk’s wide-ranging ambitions, it also raises questions about Tesla’s (NASDAQ:TSLA) valuation and leadership focus. Tesla currently trades at a market…