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Tesla News
Guardian
1w
380
Image Credit: Guardian
Tesla’s Europe sales drop nearly 45% amid row over Musk’s Trump links
- Sales of new Tesla cars in Europe dropped 44% last month, indicating a potential buyer backlash against Elon Musk's controversial behavior and political interventions.
- Tesla's market share in Europe fell to 9.6% in February, the lowest in five years.
- Tesla's Model Y overhaul and increased competition in the EV market are also factors contributing to the decline in sales.
- Rival automakers like Volkswagen, BMW, and BYD reported significant sales increases in electric vehicles in Europe.
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Teslarati
1w
172
Image Credit: Teslarati
Elon Musk’s stock market advice: ‘Do you love the products?’
- Elon Musk shared some stock market advice during the Tesla All-Hands keynote for Q1 2025.
- Musk emphasized the importance of investing in companies with products that will improve in the future and advised to buy stock in companies whose products you love.
- He mentioned Tesla's track record of making great products, teased upcoming product introductions, and expressed confidence in the long-term value of Tesla stock.
- Some analysts have attributed the recent decline in Tesla's stock price to negative public opinion of Elon Musk.
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Cryptopotato
1w
29
Image Credit: Cryptopotato
Tesla’s Troubles Deepen as Reddit Traders Bet on Stock’s Further Decline
- A group of Reddit traders is reportedly attempting to short Tesla's stock.
- These traders are purchasing $100 puts indicating their belief in Tesla's continued stock decline.
- Tesla's stock has dropped by almost 50% from its peak in December 2024.
- Critics, including long-time Tesla investor Ross Gerber, are calling for a leadership change in the company.
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Teslarati
1w
363
Image Credit: Teslarati
Tesla pauses FSD free trial in China as it waits for regulatory approval
- Tesla has paused its Full Self-Driving (FSD) free trial offer in China while awaiting regulatory approval.
- The pause may be due to new rules issued by China's Industry Ministry for autonomous driving updates.
- The release of FSD and autonomous driving features in China may also be delayed due to tensions between the US and Chinese governments.
- Tesla is collaborating with Baidu to train FSD to navigate Chinese roads.
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Pymnts
1w
9.5k
Image Credit: Pymnts
Tesla Enters Dining Business with Drive-In Restaurant
- Tesla is opening a drive-in restaurant in Los Angeles where diners can eat and watch movies while charging their electric vehicles.
- The restaurant's opening is facing challenges due to Elon Musk's reputation and declining Tesla sales.
- Finding chefs for the restaurant has become difficult due to Musk's involvement in the Trump administration and protests at Tesla dealerships.
- The restaurant aims to cater to the culture of dining for experiences, but the overall EV industry is facing charge anxiety and infrastructure gaps.
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Teslarati
1w
41
Image Credit: Teslarati
Starlink’s launch in Italy paused until Elon Musk hate ends
- Starlink’s launch in Italy has been paused due to the hate Elon Musk is receiving for his political activities.
- Earlier this month, Italy’s opposition parties demanded the government stop talking to Musk after his comment about Starlink services in Ukraine.
- Italy’s potential Starlink deal has been paused due to statements made by and about Elon Musk.
- Italy's Defense Minister expressed that discussions with SpaceX would resume when the controversies calm down.
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2 Likes
Teslarati
1w
285
Image Credit: Teslarati
Tesla India partners with Tata Group on local supply chain: Rumor
- Tesla India is partnering with Tata Group companies, including Tata AutoComp, Tata Consultancy Services, Tata Technologies, and Tata Electronics, to establish a local supply chain and domestic parts production.
- The partnership aims to discuss the possibility of developing facilities in India near Tata Group's manufacturing factories.
- Tesla and Tata Group are considering producing components like castings, forgings, electronics, and fabrication items in India.
- Tesla may be seeking stronger ties in India to benefit from tax advantages, financial incentives, and potential reduction in import duties.
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17 Likes
Teslarati
1w
322
Image Credit: Teslarati
Tesla diner’s latest progress includes solar canopies, more charging
- Tesla's LA diner, drive-in theater, and Supercharger project is nearing completion.
- Recent progress update shows the addition of solar canopies and nearly completed front parking lot area.
- Tesla is still working on installing solar canopies and paving the parking lot.
- Tesla has not announced an opening date for the diner and Supercharger yet.
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19 Likes
Teslarati
1w
261
Image Credit: Teslarati
Tesla Superchargers were over 10 times as reliable as these rivals
- A recent study found that Tesla's Superchargers and Rivian's Adventure Network (RAN) were significantly more reliable compared to other electric vehicle (EV) charging networks.
- According to the study, Tesla's Superchargers had a reported issue rate of 4% per charging session, while Rivian's network had a reported issue rate of 5%.
- In contrast, Shell Recharge users faced the most issues with a reported problem rate of 48% per charging session.
- The study emphasized the need for charging networks to improve reliability and performance for better EV charging experiences.
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15 Likes
Guardian
1w
109
Image Credit: Guardian
The Guardian view on China's EV breakthrough: helped by the kind of strategic state Elon Musk despises | Editorial
- Chinese EV manufacturer BYD has unveiled new charging technology that can deliver 400km of driving range in just five minutes, quadrupling Tesla's charging rate.
- China's technological advance in the EV industry can be attributed to its strategic approach, protecting domestic industries, acquiring foreign technology, and using tariffs, subsidies, and state investment.
- China's dominance in EVs gives it the power to set the rules and shape the future of the technology, while receiving substantial government subsidies, unlike Tesla.
- In addition to the shift towards electric cars, we need to question whether we need fewer car journeys and explore alternative transportation options like high-speed rail.
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Teslarati
1w
29
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Tesla’s Giga Berlin director responds to anti-Musk criticism
- Tesla's head of manufacturing for Giga Berlin, Andre Thierig, responded to questions about Elon Musk's political alignment with Donald Trump and struggling sales in Germany.
- Thierig emphasized that Tesla remains focused on making great vehicles and does not position itself politically.
- Regarding recent vandalism and protests, Giga Berlin has improved its network for sharing relevant information and will take action if necessary.
- Thierig stated that Tesla's decline in February sales in Germany was due to the shift in production to the refreshed Model Y, and the factory is now ramping up production.
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Libsyn
1w
159
Image Credit: Libsyn
Episode 503: Tesla Reportedly Readying a Smaller, Cheaper Model Y
- Tesla is reportedly planning a smaller version of the Model Y.
- A software update allows Tesla owners to check their car's battery health.
- The Cybercab is moving closer to operating on public streets in California.
- Tesla has reintroduced its referral program, offering discounts on Model 3, Model Y, Cybertruck, Model S, and Model X.
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Insider
1w
382
Image Credit: Insider
Will.i.am says he invested in Tesla before Elon Musk became CEO — but missed out on Airbnb
- Musician will.i.am revealed that he invested in Tesla before Elon Musk became CEO in 2008.
- He regrets turning down the chance to be an early backer of Airbnb due to his luxury hospitality standards.
- Tesla's stock has significantly increased since its IPO in 2010, with a record high of about $480 in December 2020.
- will.i.am previously invested in Twitter but sold his shares when co-founder Jack Dorsey left.
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Teslarati
1w
67
Image Credit: Teslarati
U.S. Secret Service in talks on armored cars with this automaker
- The U.S. Secret Service is discussing the potential supply of armored SUVs with an automaker.
- Director Sean Curran met with executives from General Motors (GM) to discuss advancements for the next generation of armored SUVs.
- The agency aims to constantly explore new innovations and improvements for its fleet of protective vehicles.
- Specific costs, dates, and the automaker involved in the talks have not been disclosed yet.
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4 Likes
Teslarati
1w
42
Image Credit: Teslarati
Tesla Powerwalls to help expand Virtual Power Plant in Colorado
- Tesla's Powerwalls to help expand Virtual Power Plant in Colorado.
- Tesla partners with Xcel Energy and Itron to expand the Renewable Battery Connect program.
- Itron's IntelliFLEX platform will integrate with Tesla's Powerwall management system.
- The collaboration aims to increase the number of batteries used during peak demand and support the grid with renewable energy.
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