Tesla is about to share its second-quarter results, and experts are not too optimistic. The company's car deliveries dropped by 14% last month, and analysts think earnings might fall by 21% from last year. They expect revenue to be down by over 11% too. This follows a first quarter where car sales dropped by 20%, and total revenue fell by 9%. Tesla's stock hit a low ...
Tesla, known for its electric cars, has just opened a diner in Los Angeles. This isn't just any diner; it's a retro-futuristic spot with movie screens and 80 charging stations. The menu features classics like bacon, fries, and hot dogs, all priced between $4 and $13. The diner even has Tesla's Optimus robots serving popcorn to customers. Early reviews praise the food...
A local TV reporter's live broadcast from Tesla's new diner in Hollywood quickly became a hot topic online. The reporter, Ellina Abovian from KTLA, didn't hold back her thoughts about the place. She even admitted she didn't eat there, choosing to order a breakfast burrito from Uber Eats instead. When asked why she didn't try the food, she said she didn't find it appe...
Tesla's stock took a hit, dropping 6% in early trading after the company reported another quarter of falling car sales. This is the second quarter in a row that Tesla's automotive revenue has decreased, this time by 16% compared to the same period last year, landing at $16. 7 billion. Elon Musk, Tesla's CEO, warned investors that things might not get better anytime s...
Tesla's recent financial report revealed a significant drop in auto revenue for the second quarter in a row. This news caused the company's stock to plummet by 8%, making it the worst performer among tech's biggest companies this year. The report also highlighted Tesla's investment in digital assets, which has seen a substantial increase in value over the past year. ...
Tesla's Robotaxi service is now being tested in Austin, offering a glimpse into the future of autonomous driving. The experience is mostly smooth, but there are some issues to work out. The Robotaxi uses only cameras and neural networks to navigate, which is different from other self-driving cars. This makes the system simpler but also means it has to learn everythi...
The electric vehicle (EV) market is heating up, and the competition between BYD and Tesla is at the heart of it. Just a few years ago, Tesla was the clear leader, with BYD admiring its success. But things have changed. BYD has been working hard and is now giving Tesla a run for its money. Tesla's once-unshakable lead is slipping. Sales are dropping in many places, a...
A jury is now in place for a significant lawsuit against Tesla. The case revolves around a 2019 crash involving a Tesla Model S in Autopilot mode. The accident resulted in a pedestrian's death and severe injuries to another person. The trial is the first of its kind, focusing on Tesla's Autopilot system and its role in fatal crashes. It's happening at a time when El...
Elon Musk has made it clear that he doesn't want Tesla and xAI to join forces. This news comes after a social media post asked Tesla investors if they were on board with the idea. Musk quickly shut it down with a simple "No. " Recently, Musk hinted that Tesla might let shareholders vote on whether the company should put money into xAI. This is the company behind the...
JPMorgan has shared its list of stocks to consider shorting as the year progresses. This list includes big names like Tesla and Moderna, which the firm believes could see a drop in value. The market has been doing well, with the S&P 500 and Nasdaq reaching new highs. However, there's still uncertainty due to trade policies. Tesla is one of the top picks to short. An...