Business
Tesla short sellers set to pocket about US$1.4 billion in profits after stock slump
Tesla’s shares fell 7.5% at US$291.50, having lost more than 21% so far this year Traders are set to make about US$1.4 billion in paper…
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Tesla
Business
US: Wall St opens lower on tariff jitters; Tesla down on Musk's political plans
Wall Street’s main indexes opened lower on Monday (Jul 7) as tariff tensions kept investors on edge, while Tesla shares slid after CEO…
Business
Tesla has a problem – and it’s not just the Elon Musk backlash
Tesla is in a sales slump, with deliveries of its electric vehicles on track to decline for the second full year in a row. The polarising…
Business
Tesla reports lower car sales, extending slump
Tesla reported another hefty drop in auto sales on Wednesday, extending a difficult period amid intensifying electric vehicle competition…
Business
Tesla sales continue to slide amid competition and backlash against Elon Musk
As Elon Musk scrambles to restore Tesla’s reputation and deliver on promises of autonomous driving technology, vehicle sales for the…
Business
US: Wall Street opens slightly lower after weak jobs data; Tesla rises
STOCKS opened lower on Wednesday (Jul 2) as surprisingly weak US private jobs data raised concerns about the labour market, while Tesla…
Business
Elon Musk says first Tesla drove itself from factory to customer
Tesla chief executive Elon Musk said a Tesla Model Y SUV drove itself from the company’s factory near Austin to a customer’s home in the…
Business
Bumper orders for Xiaomi‘s new SUV heighten threat to Tesla
Exceptionally strong initial orders for Xiaomi‘s YU7 electric sport utility vehicle sent shares in the automotive newcomer to a record…
Business
Tesla sales skid in Europe in May despite EV rebound
The EU aims to end sales of new internal combustion engine cars in 2035, but high prices and a perceived lack of charging infrastructure…
News
Tesla sued over Model S crash that killed three in New Jersey
TESLA was sued on Monday by the estates of three people killed last September when their 2024 Model S equipped with Autopilot and Full…
Business
Tesla Robotaxis Hit Texas Roads as Musk's EV Firm Pushes Toward Driverless Future
After a long wait Elon Musk-led EV giant Tesla has finally launched its robotaxi operations on public streets in Austin, Texas. The…
Business
Tesla to roll out robotaxis in overdue step towards Musk dream
Tesla is rolling out its first robotaxis on the streets of Austin after almost a decade of hype from Elon Musk, kicking off a precarious…
Business
Tesla to build first grid-scale power plant in China
Tesla announced on Friday (Jun 20) that it signed an agreement to build its first grid-scale energy storage power station project in…
Business
Tesla set to open India showrooms in July with made-in-China EVs
Tesla is set to open its first showrooms in India in July, sources familiar with the discussions said, kicking off formal operations in…
Business
Tesla invites select few to Texas robotaxi trial with front seat safety monitors
Tesla has sent out invitations to a small group of people to join the limited test of its robotaxi service in Austin, Texas, which is…
Business
US: Wall Street opens higher on jobs data optimism; Tesla rebounds
stock indexes opened higher on Friday (Jun 6) after a strong jobs report calmed worries over the health of the labour market, while Tesla…
Business
US: Stocks slump as Tesla shares tank on Trump-Musk row
Wall Street stocks tumbled on Thursday as a row between US President Donald Trump and Tesla boss Elon Musk erupted - with the electric…
Business
Why Tesla (TSLA) Shares Are Falling Today
June 4 - Tesla (NASDAQ:TSLA) shares fell nearly 4% on Wednesday morning trading after new data showed a 15% year-on-year drop in the…
Business
Tesla targets June 12 launch of robotaxi service in Austin
Tesla is poised to begin its long-awaited robotaxi service in Austin on Jun 12, according to a source familiar with the matter, a…
Business
Tesla Sales Tank as Elon Musk Hate Ramps Up
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…
Business
Tesla misses out on European EV growth as Model Y fails to revive sales
Tesla’s sales in Europe fell 49 per cent in April from a year earlier, even though battery-electric car sales rose 27.8 per cent, as the…
Business
Analysts bullish on BYD as it overtakes Tesla
Analysts are getting bullish on BYD as the Chinese automaker’s soaring exports, rising global presence and cost competitiveness signal…
Business
Tesla Loses Key Status Marker as Elon Musk Backlash Ramps Up
In March, Musk walked into what he understood to be an ambush, facing heated backlash from Secretary of State Marco Rubio, Veterans…
Business
BYD beats Tesla in Europe for first time with 169% sales surge
sold more electric vehicles in Europe than Tesla for the first time, overtaking the American brand that’s long led the continent’s EV…