Tesla stock drops after Elon Musk says of DOGE: “It’s costing me a lot to be in this job”
At a town hall yesterday in Wisconsin, CEO and head of the Department of Government Efficiency Elon Musk rallied support for a conservative state Supreme Court judge. He also noted the toll the latte...
Tesla stock is slumping into the weekend
stock is down 3.3% today. And while, as we’ve mentioned before , the stock doesn’t really need specific reasons to jump up or down, three factors are likely weighing on it ahead of the weekend. 1) Tru...
Deutsche Bank: The last time Tesla deliveries were this low was 2022
Analysts at Deutsche Bank expect Q1 deliveries to be around 345,000 when it reports next week — the lowest they’ve been since 2022. That would represent an 11% year-on-year decline and a very bad sta...
Chinese EV makers’ domination of Europe has reversed course after tariffs
If President Trump is looking for some validation for his new auto tariffs , he might point across the pond to Europe. Chinese electric vehicle producers were eating European automakers’ lunch. Now, i...
“Even Tesla” will be forced to raise prices thanks to tariffs
Wedbush Securities analyst Dan Ives says President Trump’s 25% auto tariffs will be terrible for the auto industry — included. While the electric vehicle company is more sheltered from the tariffs tha...
Rivian’s made-in-the-USA production strategy is offering shelter from the auto stock sell-off
As most major global automakers tumble under the weight of new US tariffs, is riding high. Shares of the electric vehicle maker are up more than 6% on Thursday because the stated goal of these tariff...
The big winners of Trump’s autos tariffs? Rental cars.
The big winners of President Trump’s auto tariff announcement aren’t Tesla or Rivian , two American-made electric car firms. It’s rental car companies. and are each up roughly 20% on Thursday, the fi...
Dip buyers stuck with Tesla last week
Elon Musk’s immersion in extremist politics has angered potential buyers worldwide . But the oligarch’s mind meld with retail traders remains intact as Tesla shares continue to be their top pick. The ...
Even Tesla bull Dan Ives predicts “very soft” first-quarter deliveries
Next week, will release its first-quarter delivery numbers, a closely watched metric for the electric car company and an indicator of how likely this year’s promised “ return to growth ” will be. Mon...
Why Trump’s auto tariffs are crushing GM but not Tesla
President Trump announced plans to smack imported cars and car parts with a 25% tariff on April 3, and investors once again do not like it. Understandably, auto stock performance is revealing which ca...
Trump didn’t wait until “Liberation Day” to announce autos tariffs — stocks sink
President Trump announced plans to impose a 25% tariff on cars and auto parts from overseas on Wednesday. The move will affect completed cars and trucks that are shipped to the US, as well as import...
Used Tesla listings have jumped 33% this year
The number of used Teslas listed for sale in the US has jumped 33% since the beginning of the year, according to a new report from automotive services and technology provider Cox Automotive , citing d...
Nearly all Americans know of Tesla, but the overwhelming majority wouldn’t buy one: Poll
Brand recognition is important but not as important as whether someone would actually purchase that brand. While 92% of Americans are aware of , just 9% would consider buying one, according to a new r...
New data shows Tesla sales dropped 40% across Europe in February, down 47% within the EU itself
From San Diego to Stuttgart , it’s starting to feel like you could throw a dart at a world map and guarantee, with some level of certainty, that sales are slumping there in 2025. Elon Musk’s electric...
Tesla shares jump 10% on news of possible tariff relief for autos
stock leaped just over 10% by Monday afternoon, bouncing back after weeks of losses. The rally puts Tesla in the lead among the historically high-flying “Magnificent 7” tech stocks , which have also h...
Volkswagen, BMW, and Chinese EV makers outsold Tesla in Europe last month
In February, and each sold more fully electric vehicles in Europe than did, according to new data from auto consulting firm JATO Dynamics. Tesla sales dropped 44% year over year, while overall full...
BYD racked up more revenue than Tesla in 2024
brought in more money than in 2024, marking the first time the Chinese electric vehicle giant’s revenue surpassed its American rival in seven years. BYD reported on Monday that it brought in 777 bill...
Tesla sales dropped 35% in San Diego, which sells more Teslas than many European countries
Tesla sales dropped 35% in San Diego County in the first two months of this year, according to new vehicle registration data . So what? Well, the US is biggest market. California is its biggest marke...
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Analysts keep cutting Tesla delivery estimates
Analyst estimates for the number of Teslas the electric vehicle company will sell this year keep going down . This week: Morgan Stanley lowered its full-year estimate for deliveries to 1.615 million ...
Teslas are being traded in at a record clip
Teslas accounted for 1.4% of all vehicles traded in so far this year, up from 0.4% for the same period last year, according to data provided to Reuters by Edmunds. That’s the highest on record and an ...