Tesla, Inc. is a leading electric vehicle manufacturer that designs, produces, and sells a range of electric cars and energy products. The company is known for its innovative approach to sustainable transportation, producing models that are not only environmentally friendly but also equipped with cutting-edge technology and high-performance features. In addition to its automotive division, Tesla also focuses on renewable energy solutions, including solar energy products and energy storage systems, aimed at accelerating the world’s transition to sustainable energy. Through its global presence and dedicated infrastructure, such as an extensive network of charging stations, Tesla seeks to revolutionize the automotive industry and promote a greener future. Read More
In a note to clients on Tuesday, the research firm said Tesla's May deliveries are trending 23% lower than a year ago, while quarter-to-date data suggests a 21% decline.
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When asked about the bill resulting in a potential deficit increase of $2.4 trillion over the next decade, Bessent refrained from providing details but said the Trump administration’s proposal would result in “smart spending.”
Tesla (NASDAQ: TSLA) announced a tentative June 22 debut of its long-awaited robotaxi service in Austin, Texas, following Elon Musk’s temporary retreat from a public spat with former President Trump. Musk indicated the launch date could shift as the company remains “super paranoid about safety.” Investor optimism returned, with analysts pointing to the rollout as a pivotal step toward scaling its autonomous ride-hailing ambitions—even as questions remain about regulation, cost structure, and execution.
Musk did not seem to have regrets about his role in the Trump administration; the Tesla CEO reposted a story about a 25% decline in his wealth during his DOGE stint, saying it was “worth it.”
Elon Musk's Tesla Inc. (NASDAQ: TSLA) is facing a new challenge to its revenue model, which could have significant implications for the electric vehicle (EV) maker.
