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Sales of Tesla’s Cybertruck have plummeted from their peak last year, to the point that the hulking (and expensive) GMC Hummer EV outsold the polarizing steel-clad curiosity in the second quarter.
Ross Gerber told BI that "there's nothing good for Tesla" in Trump's budget bill, and the stock should be trading more in line with mega-cap peers.
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The hype is dead. The Tesla Cybertruck, once billed as the future of electric vehicles, is now looking like a commercial bust.
1don MSN
A federal court in Miami began considering Monday whether Elon Musk's car company should share blame for the death of a stargazing university student after a runaway Tesla sent her flying 75 feet through the air and severely injured her boyfriend.
Tesla will hold a shareholder vote on whether Elon Musk’s carmaker should invest in his artificial intelligence startup, xAI, the billionaire said in a post on X Sunday.
ARK Invest bought Tesla stock on Tuesday, about a week before the electric-vehicle maker reports second-quarter earnings.
Instead, Tesla extended the wheelbase to 3,040mm, or 150mm (5.9 inches) longer than the five-seat Model Y. In addition to the added length, the new Y L gets unique wheels, an updated spoiler, new seats, and appears as though it’ll be available with a new gold paint color.