Tesla Robotaxi to Launch in San Francisco
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Tesla, Elon Musk
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Tesla made billions selling off a significant portion of its Bitcoin stock, but it could have made far more if it waited longer to sell.
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No slides was our first rule,” McNeil told the audience earlier this month at TC All Stage in Boston. “You have to be reviewing real product.”
Tesla's shares declined 1.74% for week, two days after posting lower profits for a third straight quarter amid increased competition and loss of tax credits.
Tesla plans to offer a chauffeur-style service operated by human drivers to a limited number of people in the San Francisco Bay Area, a California regulator said on Friday, contrary to a media report that the EV maker would offer a robotaxi service.
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President Donald Trump took a break from his bitter public feud with Elon Musk by offering support to Tesla in an early morning post on Truth Social.
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A pared-down Model Y might do little to lift Tesla sales. To really get people excited about the brand again, Tesla needs “actual new vehicle models,” one analyst said.
Tesla said on Friday it had received a number of shareholder proposals regarding the company's plan to invest in CEO Elon Musk's artificial intelligence startup xAI.
The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits fell sharply again in the latest quarter.