Tesla has a reputation problem: everyone hates them except Tesla owners
An abundance of bad news in 2024 hasn’t helped Tesla's brand perception among the general public. In fact, it seems the only Americans who have a positive view of Tesla are those who own one, YouGov d...
Tesla's extra, unsold inventory is just sitting in parking lots
Last quarter, Tesla produced 433,371 autos. It delivered just 386,810, meaning there were about 47,000 extra Teslas around, more than double what it was a year ago and the company’s biggest imbalance ...
More Tesla recalls highlight continued chaos at the electric vehicle maker
Tesla has issued another recall, this one over seat belts that fail to warn drivers when they’re unbelted, Reuters reports. The struggling electric car company has issued a number of recalls this year...
The real reasons Faraday Future is getting creamed after earnings
Shares of Faraday Future Intelligent Electric – arguably the real meme stock of the moment – are crashing, down almost 50% on the day as of 2:45pm ET. The electric vehicle maker reported results for f...
Toyota announces new combustion engines, as it benefits from hybrid boom
A marathon, not a sprint Since EVs first burst onto the scene, the prevailing wisdom has been that we’re driving towards an all-electric future. But, Toyota is betting that the journey may take longer...
Tesla lays off charging team
Tesla laid off practically the entire 500-person team that runs the company’s Supercharger network, the Information reported . The network is considered a “crown jewel” and a competitive advantage com...
Why Tesla investors are holding on to hope for a cheap car
Despite terrible earnings numbers last night — declining vehicle sales, disappointing revenue and profit, enormous spending — stock is up more than 10% as of midday. That’s a welcome move for the car...
Tesla's recall reveals just how bad Cybertruck delivery numbers have been
Thanks to a recall of Tesla’s Cybertrucks, we now know how many of them have actually been delivered: 3,878 since the EV company began releasing them to customers in November . In its third and fourth...
What happens when EVs are just Vs?
On April 5, 2024, Tesla’s stock was reeling. On the heels of an alarming report that showed an 8.5% annual decline in Q1 deliveries, Reuters reported that Tesla was canceling plans to produce its long...
Tesla cancels its cheap car
Elon Musk’s long-promised mass-market car is no more, Reuters reports. For years, Musk has been telling investors that the company would use its luxury models — the cheapest Tesla starts at $39,000 an...
Tesla’s deliveries dropped in Q1
Tesla delivered ~9% fewer vehicles in Q1 of this year than it managed a year prior — the first time its quarterly sales have fallen since the pandemic-induced drop of 2020. The company still shipped s...
Fisker's woes serve as a reminder to carmakers: the doors should open
Fisker, the embattled California-based EV startup flirting with bankruptcy , is facing yet another speed bump: the US auto safety regulator is looking into reports that its doors won’t open. It’s the ...