Tesla’s been undergoing some major changes, and now we have a sense of why: The company says it is upending its product roadmap because of “pressure” on EV sales. The new and acceler
Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy and “several unforeseen challenges” cut into the autom
Tesla has officially revealed a new Performance variant of the recently refreshed Model 3 sedan as the company looks to fight off receding demand. The new version of the Model 3, which starts at $52,9
Tesla investors, still digesting a 43% drop in share price since the beginning of the year, are gearing up for what will likely be unimpressive financial results for the first quarter and a shift in
Tesla is not having a good start to the week. In its defense, it didn’t have a very good end to last week, either. Today the news is that recent price cuts have irked Tesla investors, who sent i
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It’s been more than a minute since Tesla went public, but the EV company was inescapable on TechCrunch this week. From layoffs to pricing changes and more, it was a week dyed deeply in Tesla col
Tesla is recalling all 3,878 Cybertrucks that it has shipped to date, due to a problem where the accelerator pedal can get stuck, putting drivers at risk of a crash, according to the National Highway
Tesla is pushing forward with a plan to build an electric big rig charging corridor stretching from Texas to California, despite being snubbed by a lucrative federal funding program that’s part
Tesla has spent around $200,000 on advertising through February on Elon Musk’s social media platform, X, after the CEO caved to shareholder pressure last year and said his company would “t
Tesla has ended discounts on inventory across its electric vehicle lineup — even as sales for EVs have flagged — as part of a larger and vague plan by CEO Elon Musk to “streamline th
Tesla’s layoffs and executive departures took a bite out of its share price this week. The well-known electric vehicle company shed around 10% of its staff, impacting an estimated 14,000 people
Tesla management told employees Monday that the recent layoffs — which gutted some departments by 20% and even hit high performers — were largely due to poor financial performance, a sourc
Two high-profile executives have departed Tesla the same day that the electric automaker laid off thousands of workers, TechCrunch has confirmed. Drew Baglino, Tesla’s SVP of Powertrain and Ener
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The price cut comes a couple of weeks after Tesla launched a free one-month trial of FSD for every customer in the U.S. with a compatible Tesla.
Given flagging sales of the company’s existing product line, a mass-market electric vehicle would be a welcome shot in the arm.
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Just hours after Elon Musk claimed Reuters was “lying” about Tesla’s plans to ditch its $25,000 low-cost EV and instead focus all its efforts on a robotaxi, the Tesla CEO announced o
Tesla is reportedly abandoning its plan to build a lower-cost EV, thought to be priced around $25,000, according to Reuters, despite that vehicle’s status as a pivotal product for the company
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