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Tesla News
Insider
5d
20
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It's not just setting Teslas on fire. Now irate Americans are shoplifting from Whole Foods.
- Americans are increasingly turning to shoplifting from Whole Foods as a form of retaliation, justifying their actions based on Jeff Bezos' wealth and business practices.
- Some individuals feel morally justified in stealing from the affluent Bezos to balance the scales, viewing it as a Robin Hood-esque act of taking from the rich to benefit themselves.
- Shoplifters from Whole Foods cite reasons such as Bezos' wealth accumulation and business practices as motivation for their actions, with some viewing it as a way to push back against perceived exploitation.
- The thefts are not limited to food items; some individuals exploit loopholes in return policies of companies like Amazon to acquire free goods or money, rationalizing their actions by minimizing the impact on the wealthy corporations.
- While the shoplifters may believe they are seeking retribution against Bezos and his companies, their actions could have unintended consequences, impacting store employees and potentially leading to price increases for consumers.
- Experts suggest that individuals engaging in these behaviors may do so as a response to feelings of powerlessness in the face of economic disparities and corporate dominance.
- The prevalence of retail theft involving middle-class consumers reflects a growing trend, characterized by a sense of entitlement and moral justification based on disdain for corporate entities like Amazon.
- Theft and fraud not only raise ethical concerns but also pose potential risks to businesses and individuals, leading to increased vigilance in retail security measures.
- Despite attempts to rationalize shoplifting as a form of protest against Bezos and Amazon, the legality and broader implications of these actions highlight the complexities of ethical decision-making in a consumer-driven society.
- Individuals exploring unauthorized means to retaliate against corporations like Amazon may inadvertently contribute to operational challenges and financial losses for businesses and their stakeholders.
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Insider
5d
278
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Saudi Arabia is opening its doors to Elon Musk at a critical time for Tesla
- Tesla announced its launch in Saudi Arabia with a launch event scheduled for April 10 in Riyadh.
- The event aims to showcase what's next in AI and robotics, including autonomous driving with Cybercab and meeting Optimus, a humanoid robot.
- This development comes as Tesla is facing declining sales and a falling stock price, having lost its position as the world's top EV manufacturer.
- Tesla's journey into Saudi Arabia holds significance as Elon Musk had a testy relationship with the country's sovereign wealth fund in the past.
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Teslarati
5d
287
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Tesla rolls out Steer-by-Wire improvements to Cybertruck
- Tesla is rolling out improvements to the Steer-by-Wire system on the Cybertruck.
- The Steer-by-Wire system is exclusive to Cybertruck and offers better steering in tight spaces.
- The 2025.8.4 Software Update will provide more realistic feedback through the steering wheel, adapting to different road surfaces.
- Additionally, the update allows adjustable air suspension ride height through the Tesla App.
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Insider
6d
271
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Tesla slides 6% as looming auto tariffs tank tech stocks
- Tesla shares dropped over 6% amid a sell-off on Wednesday after the White House announced auto tariffs.
- The decline in Tesla shares also affected the overall tech sector, causing a broad sell-off in tech stocks.
- Nvidia faced an additional setback as it could face regulatory hurdles in China, which led to a 6% drop in its shares.
- The S&P 500 and Nasdaq Composite both dropped, with the S&P 500 on track to snap a three-day winning streak.
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Silicon
6d
57
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Waymo Confirms Washington DC Robotaxi Plan For 2026
- Alphabet's Waymo self-driving division has confirmed the expansion of its driverless robotaxi service, Waymo One, to Washington, DC.
- Waymo One will be available on the Waymo One app in 2026, as the company responds to growing demand.
- Waymo plans to introduce fully autonomous ride-hailing service in the US capital after preliminary trials in the region.
- Waymo One currently operates in several US cities and provides over 200,000 fully autonomous paid trips each week.
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Teslarati
6d
214
Image Credit: Teslarati
Rivian startup spinoff raises $105M in funding for micro EV production
- Rivian's skunkworks program, Also, has raised $105 million from Eclipse Ventures for the development of micro electric vehicles.
- Also, a separate startup from Rivian, aims to adapt Rivian's technology to smaller EVs.
- Rivian will hold a minority stake in Also, with Chris Yu, Rivian's VP of future programs, serving as the startup's president.
- Also plans to debut its vehicle designs later this year and aims to begin production of its flagship product by 2026.
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Teslarati
6d
247
Image Credit: Teslarati
Financial Times retracts report on Tesla’s alleged shady accounting
- The Financial Times has issued a retraction for an article it recently published that accused Tesla of shady accounting practices.
- The allegations were based on a discrepancy in Tesla's reported capital expenditure and the valuation of the assets it was spent on.
- However, the Financial Times retracted its claims, suggesting that payments for assets already purchased and the disposal of depreciated property could explain the alleged discrepancy.
- Tesla CEO Elon Musk responded to the retraction, stating, "Turns out FT can't do finance."
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Insider
6d
354
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Canada freezes Tesla rebates worth $43 million to check each one is valid
- Canada has frozen a $43 million rebate payment to Tesla and excluded the company from similar national schemes.
- Transport Minister Chrystia Freeland ordered the halt of all Tesla rebate payments until claims are deemed valid.
- The move follows a surge in Tesla rebate claims, raising concerns about potential abuse.
- Canada's transport department will ensure Tesla remains ineligible for rebates as long as US tariffs are imposed against Canada.
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Silicon
6d
309
Image Credit: Silicon
Tesla Europe Sales Plummet, As Owners Return EVs At Record Levels
- Sales of new Tesla cars in Europe declined in February 2025, with an overall sales slump in the region.
- Tesla sold less than 16,000 vehicles across Europe in February, a decrease of 44% compared to the previous year.
- Competition, phasing out of the existing version of the Model Y, and controversies surrounding Elon Musk were cited as reasons for the decline in Tesla sales.
- Rival companies, such as Volkswagen and BMW, experienced an increase in sales of electric vehicles in Europe.
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Guardian
6d
0
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Share your experience of being a Tesla car owner
- Tesla sales in Europe have dropped by nearly 45% according to Jato Dynamics.
- The company sold less than 16,000 vehicles across Europe last month, marking a 44% drop compared to the previous year.
- Tesla's market share in Europe also reached its lowest point in February, at 9.6%.
- The drop in sales and market share could be due to factors such as CEO Elon Musk's senior role in Trump's administration and consumer backlash, as well as protests at Tesla dealerships.
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Evannex
6d
288
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BYD Just Hit $100 Billion in Sales—What That Means for Tesla and the EV World
- Chinese electric vehicle manufacturer BYD has surpassed Tesla with over $100 billion in annual sales, selling 4.3 million vehicles in 2024.
- BYD's success can be attributed to volume, offering both hybrids and EVs, dominating the Chinese market, and aggressive pricing.
- Tesla's sales in Europe have dropped by 45%, while BYD is expanding globally and investing in new markets.
- BYD is competing with Tesla in terms of smart driving systems and ultra-fast charging technology, pushing the boundaries of innovation.
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Insider
6d
189
Image Credit: Insider
4 reasons why Elon Musk should worry about Tesla in China
- Tesla's Chinese rivals, such as BYD, Xpeng, and Geely, have seen surges in their stock prices and sales performance, posing a significant challenge to Tesla.
- While Tesla's stock has declined by 40% since mid-December, Chinese competitors have benefited from strong sales and advancements in autonomous driving and EV charging.
- BYD's share price increased by nearly 40% in 2025 and reached a record high after unveiling new charging technology that can charge an EV in five minutes.
- Xpeng saw an 85% rise in its share price in the first quarter, indicating the competitive landscape Tesla is up against in China.
- Tesla's market share in China has been impacted by local rivals offering more affordable EVs and hybrids, causing a decline in sales for the company.
- BYD surpassed Tesla in overall revenue for 2024, reporting significantly higher revenues, highlighting the increasing competition in the market.
- Tesla faces challenges in China as its sales dropped nearly 50% in February, while BYD experienced a 161% sales increase during the same period.
- Chinese competitors like BYD have upstaged Tesla by offering autonomous driving features for free across their model lineup, impacting Tesla's premium pricing model.
- BYD's recent breakthrough in EV charging technology, promising to charge electric vehicles in five minutes, has put pressure on Tesla and highlighted BYD's technological lead.
- As Chinese EV makers expand globally, Tesla may face increased competition outside China, with companies like BYD, Xpeng, and Zeekr making significant strides in markets like Europe.
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Teslarati
7d
24
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Here’s where Waymo is launching autonomous robotaxis next
- Waymo plans to bring its self-driving robotaxis to Washington D.C., in addition to Atlanta, Georgia, and Miami, Florida.
- The services in D.C. will utilize the Waymo One app and the company plans to work closely with legislators on regulations for operating driverless vehicles.
- Waymo currently operates over 200,000 fully autonomous, paid driverless ride-hails per week and is expanding its robotaxi services in various cities.
- Tesla is also aiming to enter the commercial robotaxi space with its Full Self-Driving software.
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Zycrypto
7d
66
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Bitcoin Outperforms Tesla in Standard Chartered’s “Magnificent 7” Index
- Swapping Tesla for Bitcoin in the “Magnificent 7” index results in higher returns and lower volatility.
- Standard Chartered's analysis shows that Bitcoin's inclusion in the index has outperformed the traditional lineup by about 5% since December 2017.
- The revised index also exhibited lower volatility on average, suggesting Bitcoin's potential as a hedge against financial risks and its similarity to high-performing tech stocks.
- Bitcoin's growing correlation with the stock market and its integration into investment indices further solidify its role in institutional portfolios.
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Teslarati
7d
237
Image Credit: Teslarati
Tesla Superchargers open to Hyundai’s EVs in the U.S.
- Tesla Superchargers are now open to Hyundai’s electric vehicles (EVs) in the U.S.
- Hyundai owners of select EV models can charge at Tesla Superchargers using a complimentary CCS to NACS adapter.
- This gives Hyundai EV owners access to approximately 20,000 Superchargers across the U.S.
- Tesla has been expanding access to non-Tesla EV brands on its Supercharger network.
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