Tesla lurches
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TechCrunch |
For many would-be Tesla buyers, the brand has lost its progressive luster.
BBC |
The company's range of cars faces steepened competition from Chinese firm BYD, but experts also believe Musk's controversial role in the Trump administration have had an effect too.
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Tesla deliveries decline
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Fox Business |
Protests have erupted at Tesla dealerships in the U.S. and Europe as well as cases of vandalism of Tesla vehicles.
USA Today |
the automobile industry is running low on gas without an exit in sight.
U.S. News & World Report |
Tesla sales declined in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.
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With Tesla having issues selling new Cybertrucks, the automaker is reportedly not taking any as trade-ins. Many Cybertruck owners reported trying to trade-in the truck for a new vehicle and they were told that the automaker currently doesn’t accept its own vehicle as a trade-in.
Adam Lansky was charged with attempted arson of property used in interstate commerce and unlawful possession of an unregistered destructive device.
Automotive industry experts told BI that Tesla needs to launch more models, develop more advanced technology, and up its advertising.
“Anyone who scrawls a swastika on a Tesla has obviously committed a hate crime,” Mr. Musk wrote on social media this week. The use of swastikas by critics of Mr. Musk — who is not Jewish or a member of any other minority group — has put law enforcement in a bind, legal scholars said.
Tesla sales in Germany dropped in March compared with the same time last year and were marginally lower in the UK, despite a spike in overall EV sales in both markets, data showed on Thursday.
Elon Musk says his work with DOGE has hurt Tesla, but a stale lineup and the demise of a $25,000 EV also have drivers looking elsewhere.
Tesla sales fell in the first three months of the year in another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.
Tesla Inc.’s sales plummeted 62% last quarter in Germany, a development the outgoing economy minister sees as an opening for the nation’s beleaguered carmakers.
Apple and other major U.S. tech stocks tumble after President Donald Trump announces sweeping global tariffs, Nvidia falls even as the White House says tariffs on Taiwan wouldn’t apply to semiconductors,