News with the tag "Tesla"

Tesla and SpaceX CEO Elon Musk appeared at the Saudi-US Investment Forum on Tuesday, where he addressed several topics including humanoid robots, autonomous vehicles, his AI company xAI, and his vision of a radically transformed global economy. The billionaire has scaled back on his activities at th...

Tesla just did something none of the other Magnificent 7 stocks have pulled off in 2025. It closed above its 200-day moving average, making it the only one of the group to recover that technical line. However, the recovery came after the stock had already lost around 30% year-to-date, and no one buy...

Elon Musk begged Donald Trump three different times on a livestream in August 2024 to create a new government cost-cutting project. The stream happened on X Spaces during Trump’s campaign. Elon told him, “We need a government efficiency commission.” Trump ignored him and started talking about buildi...

Tesla shares jumped almost 10% on Friday after President Donald Trump’s administration announced a plan to fast-track self-driving vehicles in the United States. The changes came straight from Washington, as US Transportation Secretary Sean Duffy rolled out new rules to loosen federal safety standar...

BYD reported 9.15 billion yuan in net income for the first quarter of 2025, beating out Tesla for the second time in less than a year. The number came in higher than analysts’ 8.1 billion yuan forecast. Tesla’s Q1 figure? A weak $409 million, posted earlier this week. BYD’s performance gave China’s ...

Tesla Inc reported its worst quarter in years but but it wouldn’t be possible to guess that from its “adjusted earnings.” The EV giant reported adjusted (non-GAAP) earnings of $900 million, more than double its official net income of $400 million. It seems like Tesla pulled a rabbit out of an earnin...

Tesla’s first-quarter 2025 earnings report has been released, and it notably omits any mention of a substantial $97 million loss related to the company’s Bitcoin holdings. This absence has raised questions within financial circles and the cryptocurrency community regarding the transparency of Tesla’...

Deutsche Bank has lowered its Tesla price target from $420 to $345, as new estimates show the company’s first-quarter delivery numbers are falling behind. The revision was issued by Edison Yu, who still maintains a buy rating on the stock despite the downgrade. Yu said the new target is 26% higher t...

Retail traders just poured $8.1 billion into Tesla stock over 13 straight trading days. That’s not some random hype—it’s the biggest retail buying streak by dollar amount in more than ten years, according to JPMorgan. Emma Wu, a strategist there, said , “While this is not the longest consecutive str...

President Donald Trump said Friday that people who attack Tesla property should be sent to El Salvador to serve out their prison terms. He posted the statement on Truth Social, adding that those convicted of setting fire to Tesla cars or vandalizing the company’s locations could face up to 20 years ...