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Tesla Is the Worst Performing Stock in S&P 500 This Year

Elon Musk’s Tesla was once hailed as a pioneer in the electric vehicle revolution, but there are growing doubts about its ability to maintain growth and maintain its dominance in the increasingly competitive EV market. The company’s stock price has fallen 32% since January, making the electric vehicle giant the worst-performing stock in the S&P […]

Tesla settles bias lawsuit by black former worker after $3M verdict

Tesla has settled a long-running lawsuit by a black former factory worker who claimed he was subjected to severe racial harassment, according to a court filing Friday, as the electric car maker faces a series of other discrimination lawsuits. It was announced that. Lawyers for Tesla and Owen Diaz, a former elevator operator at the […]

Tesla CEO Elon Musk visits Giga Berlin as production resumes following arson attack

Automotive expert Lauren Fix joins “Kabuto: Coast to Coast” to discuss Ford’s decision to offer free Tesla Superchargers to EV owners through July. Tesla CEO Elon Musk visited the electric car giant’s giant German factory on the outskirts of Berlin on Wednesday, where it had been out for a week after an arson attack on […]

Musk praises German workers during visit to arson-hit Tesla plant: ‘Deutschland rocks!’

Elon Musk visited Tesla’s giant European factory in Grünheide, Germany, on Wednesday. The factory was restarting operations last week after an arson attack on a nearby power transmission tower caused costly power outages and halted production. Tesla’s chief executive, pictured at a factory in Germany, wore a black T-shirt that read, “We are the (giga) […]

Tesla Autopilot, similar automated driving systems rated ‘poor’ by safety group

Barron’s Roundtable discusses stocks whose profit margins are shrinking as auto competition intensifies. The Insurance Institute for Highway Safety has introduced a new safety rating system for partially autonomous driving systems, but initial tests didn’t go well at Tesla, or just about any company. Electric car Giant’s rival. Based on this system, the IIHS assigns […]

Tesla, most car makers get ‘poor’ ratings for automated-driving tech: study

Tesla’s Autopilot and fully self-driving technology, along with nine other driver-assistance systems sold by major automakers, received a “poor” rating from the U.S. government. New research from the Insurance Institute for Highway Safety It was released on Tuesday. The insurance industry’s safety research arm, the IIHS, also said there is no evidence that Autopilot or […]