Tesla’s EV Business Is Slowing—But Investors Are Buying Elon Musk’s A.I. Promises
In 2024, Tesla (TSLA) ’s electric vehicle deliveries fell for the first time in the company’s 21-year history. But according to CEO Elon Musk, that’s no cause for concern because Tesla’s future is all about A.I. and other non-automobile businesses. And investors seem to buy the argument—for now.
Tesla shares rise on plans for cheaper EVs, autonomous vehicle
With annual deliveries dropping for the first time last year, pressure has been mounting for the EV maker to unveil lower-priced models along with autonomous vehicles and software, that CEO Elon Musk said would boost future earnings.
Kia’s electric vehicles will get Tesla Supercharger access “sometime in March 2025,” the company announced in a statement.
The bigger news, though, is what Tesla has planned for 2025. In the first half of the year, it’s set to launch “ more ...
Tesla has made billions off electric cars its rivals aren't selling, but President Donald Trump's anti-EV policies put that ...
EV owners of GM vehicles like the Chevrolet Silverado EV and Cadillac Lyriq will now officially have access to Tesla’s ...
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed ...
Tesla confirmed the technologies pioneered with the Cybertruck, including steer-by-wire and the 48-volt architecture, will be ...
According to Tesla's quarterly report, the company made $2.3 billion in net income in Q4 2024. Net income is the amount the ...
Tesla reported fourth-quarter revenue and adjusted profit below analysts' estimates. Shares initially fell and then rose ...
As the Lucid Gravity EV gets Supercharger access this week, CEO Peter Rawlinson (a former Tesla exec) gives us the rundown on ...
Cory and I have this mutual friend, a Tesla Model 3 owner, who’s looking to dump it as soon as possible. But so far, ...
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