Tesla falls as report says it’s delaying low-cost Model Y expected in first half of 2025 for “at least several months”
We’re going to have to wait some more for long-awaited lower-cost Model Y, Reuters reports , citing three sources with knowledge of the matter. The stripped-down version will be delayed “at least sev...
Analyst: Brand damage from DOGE could create “15%-20% permanent demand destruction” at Tesla
Elon Musk has got to go... back to full time and leave the government, says Wedbush Securities analyst Dan Ives. That means stepping back from his role at the Department of Government Efficiency befo...
Look at all the Cybertrucks stashed outside Tesla’s factory in Texas
Cybertrucks represented 5% of all US sales last quarter, but they make up a huge portion of the inventory piled up outside Giga Texas, the factory where they’re produced. Our analysis of satellite im...
Ford appears poised to hike prices once its discount ends in June
After employee pricing for all discount ends in June , it’s back to reality for would-be customers. In a memo to its dealers, the automaker said that — barring any tariff relief — it’ll need to “make ...
Tesla down sharply on string of bad news, from a 15% sales drop in California to worries about Cybercab
Tesla is trading down more than 7% today, and that’s only its second-worst day this month — a month that began with auto tariffs going into effect. While , which assembles its vehicles in the US, is l...
Volkswagen scraps “import fee” and joins rivals in temporarily freezing US car prices
Europe’s largest automaker appears to be pivoting its US tariff strategy, at least until June. said it will freeze its US prices through the end of next month, a U-turn from reports earlier this month...
Report: Trump tariffs caused Tesla to suspend shipments of Cybercab and Semi parts from China
When President Trump added 34% levies on Chinese goods as part of his reciprocal tariffs on April 2, , which gets some of its components for its robotaxi and its electric semitrucks from China, held i...
US consumers sprinted to buy cars ahead of auto tariffs
New data keeps rolling in that shows the extent of US consumers’ rush to scoop up a cars before President Trump’s 25% auto tariff sends prices up. The Census Bureau on Wednesday estimated that retail ...
Tesla’s stockpiles seen from space are way smaller than they were a year ago. That isn’t necessarily a good thing
Last year in March, had a production problem. It was producing way more vehicles than it was able to sell, and as a result, it was forced to stash that excess outside its factories, in parking lots, ...
Ives: Potential auto tariff delay is “good news” for Tesla and the Big Three
Wedbush analyst Dan Ives wrote in a note this morning that the “concept of a US made car with all US parts is a fairy tale fictional narrative,” so he considers potential tariff relief to be “good new...
Automakers climb on Trump’s suggestion of tariff relief for car companies
Speaking to reporters on Monday, President Trump suggested that some form of tariff relief could be coming for car companies, which have already been responding to the levies with a combination of pri...
How carmakers are responding to Trump’s auto tariffs, so far
Unfortunately for the auto industry, cars appear to be at the center of the ongoing trade war between the US and the rest of the world. President Trump has repeatedly stated that his goal is to increa...
Tesla halts orders for US-made models in China but didn’t sell many there in the first place
is no longer taking orders in China for the American-made Model S and Model X, but it didn’t sell many of those in the first place. The vast majority of Teslas sold in China are the Shanghai-made Mode...
It’s a “new world order” for the US auto industry, says UBS, downgrading GM and slashing Tesla price target
Carmakers’ stocks tumbled again Thursday, unable to hold their gains after climbing on Wednesday when President Trump’s tariff pause news generated a massive market pop. Wall Street appears to be sobe...
Consumers tried to unload a record number of Teslas in March
The number of used vehicles listed for sale on marketplace Autotrader.com surged in March . During the final week of the month — the same week hundreds of “Tesla Takedown” protests were held across t...
Tesla surges as Trump slams the brakes on reciprocal tariffs
shares spiked Wednesday afternoon following President Trump’s decision to slash reciprocal tariffs for 90 days . The stock was already up on the day, but it vaulted nearly another 7% after Trump’s Tru...
BYD’s profit could double in Q1, as deliveries keep racing ahead of Tesla
In its preliminary earnings for the first quarter on Tuesday , electric automaker BYD revealed that net income could jump as much as 119% in the first 3 months of the year to 10 billion yuan ($1.4 bil...
Volkswagen deliveries tick up in spite of another deep drop-off in China
deliveries grew 1.4% in the first quarter, with growth in nearly every market narrowly making up for a deep decline in China. VW’s deliveries in China fell 7.1% to 644,100 vehicles. All-electric vehic...
Time to bet against Tesla in the options market, says JPMorgan
It’s time to press bets that Tesla’s stock price, which has already fallen in half from its December peak, will continue to sink. That’s according to JPMorgan analyst Bram Kaplan, who recommends a bea...
Amazon’s Jeff Bezos has an electric vehicle company, making him even more like Tesla’s Elon Musk
For all their big ideas, American tech billionaires Jeff Bezos, Elon Musk, and Mark Zuckerberg spend a lot of time working on the same ideas. To wit: TechCrunch just reported that founder Jeff Bezos ...