Average used Tesla prices drop below overall secondhand market for the first time as feelings toward the car maker turn less favorable
Recently, the average cost of a used Tesla has dropped below that of the general US used car market, marking a significant change for Elon Musk’s electric vehicle company. Data from Cargurus reveals that the average price for a used Tesla is around $27,814, while the overall average for used cars sits at $28,039. This […]
The Air Force plans to use Tesla Cybertrucks for practice targets.
The latest buzz around the Tesla Cybertruck now has a twist—the U.S. Air Force is looking to use these electric trucks for target practice. It seems like a strategic move, and one might wonder if enemies will start to modify their own vehicles for defense. Elon Musk’s unique, sharply-designed trucks are drawing attention. Sure, some […]
$243 Million Tesla Ruling in Deadly Autopilot Accident Is a Setback for Elon Musk’s Self-Driving Goals
Recent Legal Setback for Tesla over Autopilot Crash In a significant ruling, a judge has mandated Tesla to pay $243 million in damages related to a fatal incident from 2019 involving the company’s autopilot driver assistance system. This decision finds Tesla partially liable for the crash that resulted in the death of Nybel Benavides Leon […]
Tesla sales drop in the UK and Germany as European consumers increasingly prefer the Chinese competitor BYD.
Tesla’s sales have taken a significant hit in Europe, particularly in Germany and the UK, where they’ve been outpaced by the budget-friendly Chinese brand BYD. Last month, Tesla recorded merely 1,110 new vehicle registrations in Germany, marking a sharp 55% decline compared to the same month last year, as revealed by recent data. In the […]
Tesla approves a new $29 billion compensation package for CEO Elon Musk to keep him on board.
Jed Dorsheimer, head of the Energy and Power Technologies Group at William Blair, shares insights on what to look for after Tesla’s recent revenue call and the countdown surrounding Kraman. On Monday, Tesla announced a new wage agreement for CEO Elon Musk, worth $29 billion. This initiative seems aimed at ensuring his involvement in the […]
Tesla provides Musk with a $29 billion share package as a gesture of goodwill.
Tesla announced on Monday that it would grant CEO Elon Musk approximately $29 billion worth of shares in provisional payments, although his existing compensation package is still entangled in legal issues. In a letter addressed to shareholders, Tesla’s Chairman Robin Denholm and board member Kathleen Wilson Thompson stated that the company is offering Musk 96 […]
Jury Determines Tesla, Led by Elon Musk, is Partially Responsible in Autopilot Crash Case and Grants $200 Million in Damages
Judge Finds Tesla Partly Negligent in Fatal Autopilot Crash A federal judge in Miami has determined that Tesla, the company led by Elon Musk, holds partial responsibility in a federal lawsuit stemming from a 2019 autopilot accident in Florida. This unfortunate incident resulted in the death of a young woman and significant injuries to her […]
Tesla instructed to pay $329 million in Autopilot accident lawsuit
Tesla Ordered to Pay $329 Million in Miami Crash Case A judge in Miami ruled on Friday that Tesla, the auto company led by Elon Musk, must pay $329 million to victims of a fatal crash involving its Autopilot Driver Assist Technology. This decision could lead to a wave of costly lawsuits, putting additional strain […]
Tesla makes fun of Sydney Sweeney’s American Eagle advertisement
Tesla Takes a Jab at Sydney Sweeney’s Ad Campaign Tesla recently made a playful comment about the ad campaign for American Eagle featuring actress Sydney Sweeney. The company, headed by Elon Musk, humorously stated in a post, “Our seat robots also have great jeans,” which was accompanied by a video of a robotic arm testing […]
Dislike for Elon Musk is Leading Leftists to Reject All Electric Vehicles, Not Just Tesla
Research Reveals Attitudes Toward Elon Musk and EV Purchases Recent findings indicate that negative sentiments towards Tesla CEO Elon Musk are influencing Electric Vehicle (EV) purchases. Instead of opting for other brands, some potential buyers simply choose to buy fewer EVs overall. A study by Alexandra Flores, a psychologist at Williams College, revealed that left-leaning […]