Tesla reported earnings and they weren't great. The company reported a 9 percent drop in revenue, as well as a $1.4 billion drop in profits. Much of that slump was due to missing its delivery targets as well as a series of price cuts over the past few months.
The chasm between what Elon Musk says about commercializing self-driving technology and what Tesla Inc. says later in regulatory filings has never been wider.
A Tesla investor who successfully sued to void CEO Elon Musk's $56 billion pay package asked a Delaware judge on Wednesday to prevent the electric carmaker from bucking the court's authority by moving its legal home to Texas.
Like a Taylor Swift midnight album drop, the Tesla earnings call is a moment of shared, almost communal, focus. Branded is a weekly column devoted to the intersection of marketing, business, design, and culture.
The Tesla Inc. shareholder who successfully challenged co-founder Elon Musk’s $56 billion pay package is asking the Delaware court for an order barring Musk from trying to move the dispute to Texas.
Investors in Tesla Inc.’s stock may be having a very good day Wednesday, but none are having anywhere where near as good a day as Chief Executive Elon Musk.
Meanwhile, Tesla has mostly limited its own marketing investment to price promotions and brand content across social. The brand dropped a new Model 3 ad this week that looks like a generative AI experiment with the prompt,
Elon Musk did a curious thing this week. No, I’m not referring to the time he talked about being abducted by aliens, or when he referred to how elevator operators used to get tired or drunk and accidentally sever people in half.
Things turned out a little differently, with the results repudiating something else: lousy strategic planning by Tesla and others. Tesla is no longer in growth mode. First-quarter
For years, Tesla has been the EV company that legacy automakers and EV pure plays have envied. It successfully built itself from the ground up to mass production, with nearly 1.85 million EVs produced last year.
It’s a classic Elon Musk move. Tesla released some pretty grim first-quarter numbers on Tuesday, showing that net income dropped more than 50% from last year. During the earnings call, however, Musk floated his “new” vision for the electric car company.
Tesla’s stock soared by more than 11% Wednesday after CEO Elon Musk said the company would accelerate the rollout of more affordable electric vehicles in hopes of boosting sagging profits. Musk’s announcement was aimed at calming nervous investors on Wall Street who were still trying to digest the company’s most recent earnings report,
Tesla, Inc.'s Q1 earnings missed expectations, resulting in a significant rise in inventory. Read more on the TSLA inventory situation and a look ahead.
The production timeline on the mythical $25k Tesla has been moved up says Musk. There is a new chapter in the ongoing saga that is the legendary and mysterious $25,000 Tesla. The $25,000 Tesla EV is supposed to be the culmination of Elon Musk’s ultimate plan for Tesla’s product line.
Tesla’s stock (TSLA) surged 12% today, one of its best days in a long time, as Elon Musk tries to position Tesla to ride the artificial intelligence wave. In a rare occurrence, Tesla had a pretty bad miss on expectations for both revenue and earnings with its financial results in Q1 2024.