Tesla
Tesla Loyalty Wavers: Data Reveals Accelerated Brand Switching
March 23, 2025 – According to an analysis conducted by the automotive shopping website Edmunds, Tesla owners are ditching their electric vehicles at a record pace, just two months into the expiration of the Trump administration. Elon Musk’s deep involvement in politics has sparked a backlash among the general populace, prompting some radical protesters to…
Tesla Faces Scrutiny Over $1.4 Billion Balance Sheet Shortfall
March 20, 2025 – A significant discrepancy of $1.4 billion has been uncovered on Tesla’s balance sheet, as reported by the Financial Times yesterday. Tesla has yet to respond to requests for comment. According to the Financial Times’ analysis, a comparison between Tesla’s capital expenditures in the second half of 2024 and the valuation of…
Tesla Secures Ride-Service Permit in California, Limited to Employee Shuttles Initially
March 19, 2025 – Tesla has cleared its first regulatory hurdle in launching autonomous ride-hailing services in California, as the California Public Utilities Commission (CPUC) approved the company’s application for a ride-service permit on the 18th. According to the CPUC announcement, with this new permit, Tesla can transport its own employees using Tesla vehicles through…
Tesla’s Australia Chief Announces Price Stability for New Model Y to Combat Chinese Competition
March 17, 2025 – In an interview with Chasing Cars, Thom Drew, the Regional Director for Tesla in New Zealand and Australia, revealed that with the launch of the new Model Y, Tesla aims to abandon its strategy of frequent price adjustments to better compete with Chinese electric vehicle manufacturers. Drew emphasized that the new…
Tesla in Crisis: JPMorgan Labels Situation ‘Unprecedented’ in Automotive History
March 16, 2025 – Tesla Faces Unprecedented Challenges as JPMorgan Chase Paints Bleak Outlook JPMorgan Chase has delivered a pessimistic forecast for Tesla’s future, reporting on Saturday that the brand could see its worst quarterly delivery performance in three years. The financial institution slashed its delivery expectations for Tesla by 20%, dropping from an initial…
Tesla Struggles in Germany as 94%+ of Surveyed Consumers Say ‘No’
March 16, 2025 – A recent survey involving over 100,000 Germans has revealed a stark decline in interest for Tesla vehicles, with a staggering 94% of respondents indicating they would not consider purchasing a Tesla. This finding adds to the company’s growing challenges in Europe, a crucial market where its sales have already been on…
Tesla Denies Current Collaboration with Baidu on Enhancing FSD
March 14, 2025 – According to a report by Reuters yesterday, Tesla is collaborating with Baidu, which has been supplying navigation maps to Tesla since 2020, to enhance the performance of its FSD driving assistance system. However, Tesla responded to Tencent Technology, stating that there is no relevant news at the moment. Citing informed sources,…
Musk Continues Fight for $56 Billion Tesla Pay Package in Appeals Court
March 12, 2025 – According to Reuters, Elon Musk has officially filed an appeal on Tuesday local time, seeking to reinstate his $56 billion Tesla compensation package. In January 2024, Chancellor Kathaleen McCormick revoked the stock option compensation plan, citing its “unimaginable magnitude”. She deemed it unfair to Tesla shareholders, arguing that the board members…
Tesla to Halt New Model S and Model X Supplies in Japan from March 31
March 7, 2025 – Tesla Japan’s official account announced today that production of Model S and Model X vehicles for the Japanese market will cease from March 31st. From April 1st onward, only inventory and used cars will be available for sale locally, and new custom orders will no longer be accepted. Earlier this year,…
Elon Musk Predicts Tesla Could See 1000% Profit Surge in Five Years
March 3, 2025 – Over the past five years, Tesla, the electric car company owned by the world’s richest man Elon Musk, has witnessed phenomenal growth in its share price, with a cumulative increase of 558%. However, the journey has not been without challenges. In February 2025, Tesla’s stock price plummeted by nearly 30%, a…