Things are not going well at Tesla right now. The stock is down more than $100 per share year-to-date, as many as 20,000 people are set to lose their jobs, the Cybertruck keeps breaking, operating profit is expected to be down 40 percent when it’s announced later today and the $25,000 electric vehicle that Tesla … Read more
Things are not going well at Tesla right now. The stock is down more than $100 per share year-to-date, as many as 20,000 people are set to lose their jobs, the Cybertruck keeps breaking, operating profit is expected to be down 40 percent when it’s announced later today and the $25,000 electric vehicle that Tesla … Read more
Tesla’s first-quarter earnings call for 2024 is tonight, and it’s shaping up to be a rough one. The stock is nosediving, and investors desperately want Elon Musk to right the ship — and, in doing so, reinspire their confidence in the company’s continued ability to generate returns. Why Tesla stock might not be a buy … Read more
Photo: Tesla Tesla launched the newest iteration of its Model 3 Performance Tuesday, just in time for what promises to be a tense Q1 earning call. First, the car; the automaker claims it’s the most powerful electric sedan it has ever produced, boasting an advertised 163 mph top speed and a 2.9 second 0-to-60 mph … Read more
Photo: Tesla Things aren’t going well at Tesla. The stock is currently down more than 40 percent year-to-date, analysts expect the Texas-based automaker to announce a 40 percent drop in profits, more than 20,000 people are expected to lose their jobs, and Tesla’s flagship product, the Cybertruck, is already on its second recall, this time … Read more
Elon Musk is filthy, stinking rich. Despite Tesla’s current troubles resulting in his net worth tumbling a few billion, he’s still the third richest person on the planet. Apparently that wealth isn’t enough for him or Tesla. Now, the company actually created a website to convince shareholders that their part-time CEO deserves a $55 billion … Read more
The Tesla Cybertruck, a truck so rugged it can only be defeated by a car wash, was reportedly hit with a stop-sale recently because problems with its accelerator kept causing unintended acceleration issues. Don’t worry, though, just because a Cybertruck could attack at any time doesn’t mean it necessarily will. Also, TechCrunch reports that Tesla … Read more
Photo: Michael Ciaglo / Stringer (Getty Images) Riding a motorcycle is about as much fun as you can legally have as an adult, but there’s no getting around the fact that they’re incredibly dangerous. Even if you do everything correctly, you can still end up in the hospital courtesy of other drivers. Outcomes are much … Read more
Image: Tesla Tesla issued a recall for every single Cybertruck built thus far, as well as a stop-sale that lasted nearly a week, and it’s something that can’t be solved with an over-the-air update. Apparently assembly line workers used slippery soap to get the truck’s throttle pedal pad onto the pedal, and leftover soap was … Read more
Image: Bradley Brownell After just a couple of months and a few thousand miles of ownership, Tik Tok user @captian.ad’s Tesla Cybertruck was effectively a several-thousand-pound paperweight for several hours. After taking his truck to the beach and stopping off at a car wash to clean it up, he parked the truck in his garage, … Read more
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