Tesla is reportedly developing a low-cost vehicle platform, often referred to as the 'Model 2,' which aims to sell for under $30,000. According to CEO Elon Musk, this goal is already being realized through the Cybercab, a novel two-passenger robotaxi currently in production. The article...
Tesla shares experienced a decline despite reporting first-quarter earnings that beat profit expectations, as the market focused on the company's expanded spending plans. First-quarter revenue came in at $22.4 billion, slightly below analyst projections, while automotive operating income and net income exceeded forecasts. Per-vehicle gross...
Tesla and Rivian closed 2025 with divergent financial narratives as they approach 2026. Tesla, a profitable technology company, faced a 16% year-over-year decline in vehicle deliveries to 418,227 units but successfully expanded its gross margin by 386 basis points to 20.1%. The energy segment achieved...
Tesla stock (NASDAQ: TSLA) is trading down more than 1% as three major institutional banks—JPMorgan, Morgan Stanley, and Phillip Securities—have recently turned bearish. While retail investors remain firm, these institutions argue that Tesla's current valuation reflects a future performance the company has not yet achieved,...
The article recounts Tesla's dramatic turnaround from a production crisis in April 2018 to becoming a market leader by early 2021. During this period, CEO Elon Musk famously slept on the factory floor at Fremont as the company struggled to meet its weekly production targets,...
