It’s going to be difficult, and it’s going to be uncertain. That was the clear message from Rivian and Lucid, the two most promising EV makers in the U.S., as they gave gloomy predictions for the future of the EV market. After a brief surge in selling, Tesla’s main rivals are bracing themselves for a … Read more
Tesla’s sales in Europe fell in April as the electric car maker faced backlash over Elon Musk’s political work and growing competition from Chinese rival BYD. Tesla sold just 7,261 cars in the region last month, compared to 14,228 units sold in the same month a year ago, according to data from the European Automobile … Read more
Elon Musk has been making headlines this summer beyond the electric vehicle business he’s trying to grow. In the first half of July, the Tesla CEO gained attention for adding twins to his brood of 10 children, pulling out of a $44 billion deal to buy Twitter and Go shirtless yachting on the Aegean Sea. … Read more
Tesla reported lower-than-expected earnings on Tuesday, as first-quarter earnings fell 71% due to much weaker EV sales. The news isn’t entirely surprising, given that Tesla CEO Elon Musk is the public face of the company and continues to help President Donald Trump destroy the U.S. federal government while peddling far-right extremism on his social media … Read more
After more than 15 years without advertising Teslas, Elon Musk is suddenly in the idea of advertising Teslas now that he also owns Twitter, which relies on ads to make money. One of the most important differentiators between Tesla and the rest of the automotive industry has always been that the automotive industry spends billions … Read more
