Tesla’s deliveries ‘disaster’ is a warning for Elon Musk
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The disappointing delivery report was a “disaster on every metric,” according to Wedbush analyst Dan Ives, a longtime Tesla bull.
From New York Post
Musk, head of Tesla and SpaceX, has drawn fire for overseeing a U.S. bureaucracy overhaul that has triggered the firing of thousands of government employees.
From Yahoo
Trump emphasized that he wants Musk to stay ‘as long as possible.’
From Associated Press
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BYD is taking advantage of Tesla's rough year as the two rivals compete to become the world's largest EV maker.
Tesla investors are bracing for a drop in Q1 vehicle deliveries as a backlash against CEO Elon Musk's politics exacerbates weakening demand.
Lucid Group, Inc (LCID) announced pricing of $1 billion convertible notes due 2030, granting option for additional $0.1 billion. Interest of 5%, convertible at $3 per share, with 25% premium. Proceeds to fund repurchases and capped call transactions.
Automotive industry experts told BI that Tesla needs to launch more models, develop more advanced technology, and up its advertising.
Tesla's quarterly sales plunged 13% to the weakest in nearly three years, hurt by a backlash against CEO Elon Musk's politics, rising global competition and people waiting for a refresh to its highest-selling electric vehicle Model Y.
Signs of Tesla's (TSLA -10.68%) brand crisis are almost everywhere you look. Over the weekend, more than 200 "Tesla Takedown" protests were held across the country as Americans ex
BYD, Elon Musk's Chinese archrival, posted a 60% sales surge in the first three months of the year, in stark contrast to Tesla's decline.
Annual revenue, profit, stock prices and sold EVs show how close the competition is between Tesla and its Chinese rival BYD.
Shares of Tesla fell more than 2% on Wednesday as the company recorded a bigger-than-expected drop in sales in the January-March period.
Tesla (TSLA) electric vehicle rival XPeng (XPEV), released its March delivery numbers. The Chinese EV maker delivered 33,205 vehicles in March,