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Tesla, Elon Musk
Tesla’s mystery car: Can Elon finally deliver on his promise?
With $97.7 billion in revenue, Tesla recorded a $7.1 billion net income for 2024. In comparison to full-year 2023 figures, net income fell 53% despite sales that rose by a meager 1%. The company's car sales dropped 6% to $77.1 billion.
Tesla sales disappoint, but Elon Musk vows new cars ‘will be in the wild, with no one in them’
Tesla’s driver assistance software, known as full self-driving, or FSD, will see unsupervised tests in Texas, California and other states this year.
Tesla sales in Europe are sliding. That's a problem for Elon Musk.
The automaker saw sales of its EVs drop 13% in the European Union in 2024, and is facing growing pressure as rivals launch a wave of cheaper EVs.
4h
on MSN
Where Did Tesla's Demand Go?
More so than any other American company, Tesla ( TSLA 1.08%) deserves credit for making the electric vehicle (EV) industry ...
2d
on MSN
A peek under the hood of Elon Musk’s Tesla reveals a worrying trend—its auto business is rusting away
Elon Musk promised Tesla’s car sales would jump 20% this year at a minimum, but his own company doesn’t even seem to believe ...
6d
Tesla investors pin hopes on cheaper EV model to boost sales after lackluster 2024
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on ...
8h
on MSN
Elon Musk Predicts Tesla Will Be Bigger Than Apple, Nvidia, Microsoft, Amazon, and Alphabet Combined Thanks to This $10 Trillion Opportunity
In fact, Musk thinks humanoid robots will outnumber humans by 2040. He believes Tesla will manufacture them at a cost of ...
3d
on MSN
Tesla Q4 results fall short of forecasts. Musk sees unsupervised full self-driving in Texas in June
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest ...
3d
on MSN
Tesla Supplier STMicroelectronics Forecasts Sales Decline Amid Weak Demand for Legacy Chips
The chip maker—which counts Apple, Samsung Electronics and Tesla among its customers—expects lower sales, as demand for ...
3d
on MSN
Tesla Stock ‘Somehow’ Rises Despite Big Earnings Miss—As Musk Predicts It Will Be World’s Biggest Company
The final earnings release of 2024 finalized another difficult year for Tesla’s bottom line, as its full-year net income came in at $8.4 billion, a 23% decrease from 2023 and a 40% decline from 2022’s ...
3d
on MSN
Tesla earnings miss Wall Street expectations despite record sales
Tesla said it sold 1.79 million vehicles in 2024, the first drop in more than a dozen years despite offers of 0% financing, ...
3d
Tesla earnings: Stock turns higher as Musk promises fully autonomous robotaxi as soon as June
Tesla reported fourth-quarter earnings on Wednesday afternoon, and investors looked past revenue and per-share profit misses ...
3d
on MSN
Tesla Earnings: Stock Whipsaws As Revenue, Sales Fall Short Of Estimates
In an earnings call last January, Musk characterized the shrinking bottom line as Tesla moving “between two major growth ...
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