The cyberbeast awakens: Tesla’s Cybertruck enters the battlefield
Cyberbeast History moves as fast as the weapons, so if you want to understand the power of technology, study the art of war. In the 1930s, military strategist General J.F.C. Fuller predicted that “the armies of the future will be besieged by hordes of motorized guerrillas, irregulars, or regular troops making use of the large […]
Tesla’s ‘Full Self Driving’ System Implicated in Fatal Motorcycle Crash
Authorities in Washington state have confirmed that a Tesla car operating on Elon Musk’s “Full Self-Driving” system was involved in a fatal crash with a motorcycle. AP News Reports In a recent development, Washington State Police investigators determined that a 2022 Tesla Model S that struck and killed a motorcyclist near Seattle in April was […]
Analyst had to intervene to keep Tesla’s full self-driving mode from crashing
Barron’s Senior Market Analysis Writer Paul La Monica discusses the uncertainty of investment returns on Barron’s Roundtable. Financial analysts Tesla CEO Elon Musk He suggested investors would need to try out the company’s so-called fully self-driving (FSD) feature to understand it, saying the company narrowly avoided a collision while testing the system. Truist Securities analyst […]
Tesla’s quarterly results miss estimates after price cuts hit bottom line
Constellation Research founder R Ray Wang analyzes Tesla and Google at Varney & Co. Tesla Inc. on Tuesday reported second-quarter profit margins that fell short of analysts’ expectations as the company ramps up efforts in self-driving technology while price cuts and incentives to stimulate sluggish demand continued to weigh on profits. Tesla’s second-quarter auto gross […]
Tesla’s Cybertruck, Elon Musk | Fox Business
Stephen Gengaro, a managing director at Stifel, said there are “multiple layers” to Tesla and its valuation. If you’ve noticed more and more Tesla Cybertrucks being seen, you’re not alone. The electric vehicle maker led by Elon Musk sold 11,558 of its futuristic trucks in the U.S. in the first half of the year, up […]
Tesla’s Shanghai Factory Suffers 24% Drop in Shipments amid EV Price War
Elon Musk’s Tesla saw shipments from its Shanghai factory in June plummet 24.2% from the same month last year, marking its fourth decline this year as the company struggles with intensifying price wars in the Chinese market. Bloomberg Report Tesla’s Model 3 and Model Y deliveries fell to 71,007 units in June, down 2.2% from […]
Elon Musk Has Slashed 14% of Tesla’s Workforce
Elon Musk’s electric vehicle maker Tesla is cutting its global workforce by more than 14% since the start of 2024, leaving its total headcount, including temporary workers, at just over 121,000, according to recent internal records. CNBC Reports Elon Musk’s electric car maker Tesla is undergoing a major restructuring, with company records showing a significant […]
Thieves Steal Tesla’s Electric Vehicle Charging Cables for Copper in California
If Democratic-run California wants to force its residents to ride electric vehicles (EVs), Democratic-run California should start cracking down on crime. Let’s talk about the law of unintended consequences… “Thieves are targeting Tesla and other EV charging stations and stealing the heavy cables for the copper metal inside.” report NBC affiliate station in San Francisco. […]
Tesla’s Elon Musk goes to China in surprise visit
Baron’s senior writer Al Root discusses Tesla’s market performance and the automaker’s strategy for electric vehicles. Tesla CEO Elon Musk visited China over the weekend and met with Chinese Premier Li Qiang. Musk said on Sunday’s X show that he was “honored” to meet Li, adding: “We’ve known each other for many years, since the […]
Musk says Tesla’s affordable EVs coming next year
Kingsview Wealth Management CIO Scott Martin joins the “Big Money Show” to analyze the financial impact of Elon Musk’s latest promise of “affordable” Tesla cars. Tesla CEO Elon Musk The EV maker said it plans to introduce a new, more affordable model in early 2025, after the status of its long-discussed plans for a low-cost […]