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Elon Musk's Tesla is having a brutal 2024. Here's how it went wrong: The issues plaguing the electric vehicle maker have sent sales plunging, the stock spiraling ...
qz.com/tesla-elon-musk-stock-layoffs-sales-evs-1851411491
Quick Glance: Tesla to Cut 14,000 Jobs, Elon Musk Aims for Lean Brand
- Tesla is laying off more than 10% of its global workforce, equivalent to at least 14,000 roles, in response to slowing demand and price pressure.
- Elon Musk announced the 'difficult decision' in a memo, mentioning that Tesla had experienced role and function duplications in certain areas due to rapid growth in recent years.
- The job cuts follow a difficult start to the year for the electric carmaker, citing production problems caused by unforeseen factors and a decline in global demand.
- Tesla recorded a gross profit margin of 17.6% in the fourth quarter, the lowest in over four years, attributed to repeated price cuts and increased competition in China.
Tesla shares fall as Deutsche Bank flags risks from focus on Robotaxi: Tesla shares fell to their lowest in more than a year on Thursday after Deutsche Bank ...
reuters.com/business/autos-transportation/tesla-shares-fall-deutsche-bank-flags-risks-focus-robotaxi-2024-04-18/
Elon Musk won’t stop tweeting. Now Tesla might be paying the price: A "growing number of EV shoppers are increasingly put off by Elon Musk’s behavior and ...
qz.com/tesla-ceo-elon-musk-tweets-ev-q1-sales-1851385048
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Quick Glance: Elon Musk's Behavior Impacting Tesla's Sales and Reputation
- A growing number of EV shoppers are increasingly put off by Elon Musk’s behavior and politics.
- Musk has increasingly focused on controversy and politics, negatively affecting Tesla's reputation and sales.
- Tesla disclosed disappointing delivery numbers for the first quarter, with Musk's controversial behavior likely leading some consumers to explore alternatives.
- Musk scored low in trust surveys, with many EV shoppers now seeking alternatives to Tesla to avoid his behavior and politics.
Huge EV discounts haven't been enough for buyers: Some automakers are even going well beyond the average $6,000 price cut to entice customers.
qz.com/ev-prices-still-too-high-despites-sales-1851419946
Tesla CEO Elon Musk apologizes for 'incorrectly low' severance packages after mass layoffs
qz.com/tesla-elon-musk-apologizes-layoffs-severance-1851418616
A big Tesla investor wants Elon Musk to unionize: The push comes as Tesla mechanics in Sweden have been on strike against the EV maker for months
qz.com/tesla-elon-musk-sweden-union-strike-norway-pension-fund-1851403642
Read Tesla CEO Elon Musk's leaked layoffs memo: The electric vehicle maker is slashing "more than 10%" of its global workforce
qz.com/tesla-elon-musk-layoffs-leaked-memo-staff-1851409932
Is Tesla in Big Trouble? Signs Point to Yes: Tesla has for years seemingly defied the rules other automakers are forced to play by. No more.
motortrend.com/features/tesla-trouble-problems-2024/
Quick Glance: Tesla resolves lawsuit following deadly Autopilot crash
- Tesla reached a resolution in a wrongful-death lawsuit stemming from a fatal 2018 crash.
- Following the death of Apple engineer Walter Huang in Autopilot mode, his family filed a lawsuit.
- Specifics of the resolution, prior to the set trial date, remained undisclosed.
2024 Tesla Model 3: Good Enough to Be Elon-Proof?: In a softening EV market, the Tesla CEO’s remarks have made some buyers wary of the brand ...
on.wsj.com/3VPMwu9
Tesla puts ‘$25,000 electric car’ codenamed NV9 on back burner despite what Elon Musk said
electrek.co/2024/04/15/tesla-puts-electric-car-codenamed-nv9-back-burner-despite-elon-musk-said/
Would-be Tesla buyers snub company as Musk's reputation dips: The ranks of would-be Tesla buyers in the United States are shrinking, according to a survey by ...
reuters.com/business/autos-transportation/would-be-tesla-buyers-snub-company-musks-reputation-dips-2024-04-01/
Quick Glance: Potential Risk: Tesla Stock Price Faces Dramatic Decline
- Per Lekander labels Tesla as the largest stock market bubble in modern history.
- He warns that the absence of growth endangers Tesla's stock price and poses a risk of collapse.
- Lekander forecasts a potential drop in the stock price to just $14 per share, reflecting a 91% decrease. He critiques Tesla's business model and highlights current demand challenges.
EV prices are down 18% over the past year as drastic price cuts take effect: Electric vehicle prices are down 18% so far this month compared to April 2023 ...
electrek.co/2024/04/18/ev-prices-down-18-last-year-drastic-price-cuts/
Is Tesla in Big Trouble? Signs Point to Yes: Tesla has for years seemingly defied the rules other automakers are forced to play by. No more.
motortrend.com/features/tesla-trouble-problems-2024/
Higher Tesla Model 3 prices bumped up EV prices overall in March: After Tesla's price cuts pulled a quarter of overall EV prices down in February ...
electrek.co/2024/04/15/higher-tesla-model-3-prices-bumped-ev-prices-up-overall-march/
Demand for a new Tesla rival is so high consumers have to wait months to get the car
qz.com/xiaomi-ev-china-su7-tesla-byd-price-war-1851378132
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Quick Glance: Xiaomi begins deliveries of over 100,000 orders for first EV
- Xiaomi receives over 100,000 orders for its first electric car SU7 and starts deliveries.
- The first deliveries come from a limited batch of 5,000 cars, named the "Founder's Edition."
- Xiaomi advises buyers of potential wait times of four to seven months due to strong demand.
- The launch of the SU7 fulfills the ambitions of CEO Lei, who announced the company's entry into EVs in 2021.
High-performance version of the Tesla Model 3: Ludicrous or Plaid?: In the first half of 2024, Tesla will bring a performance version of the newly facelifted ...
auto-motor-und-sport.de/elektroauto/tesla-model-3-plaid-performance-modell-facelift/
Tesla casts doubt on the quest for a Model T of EVs: Henry Ford democratized car ownership with his ultra-cheap, mass-produced Model T, and Elon Musk once ...
reuters.com/business/autos-transportation/tesla-casts-doubt-quest-model-t-evs-2024-04-05/
Quick Glance: Elon Musk to Unveil Tesla 'Robotaxi' on August 8
- Elon Musk announced that Tesla will unveil its robotaxi on August 8, despite past promises and delays with self-driving cars.
- Musk plans to develop a car without controls for human use and gradually enhance Tesla vehicles with Full Self-Driving capability.
- Currently, buyers can add the Full Self-Driving feature for an additional cost, but experts note that the system is not fully autonomous yet.
- Other companies like Waymo and Cruise are also working on autonomous ride-sharing services, despite safety concerns and incidents.
Electric cars are saving Americans billions — even people who don’t drive them: A new study shows that drivers of electric cars save Americans billions on their ...
electrek.co/2024/04/11/electric-cars-are-saving-americans-billions-even-people-who-dont-drive-them/
Tesla cars are getting a massive software update. Here's everything we know.: The company has announced a big refresh for its vehicles, coming this spring.
mashable.com/article/tesla-spring-update
Tesla slashes Model Y inventory prices by as much as $7,000: Tesla is dropping prices of unsold Model Y SUVs in the U.S. by thousands of dollars in an attempt to ...
techcrunch.com/2024/04/05/tesla-slashes-model-y-inventory-prices-cut/
Rivian R1S climbs to fourth best-selling EV in the US in Q1, tops Hyundai IONIQ 5, VW ID.4
electrek.co/2024/04/15/rivian-r1s-tops-hyundai-ioniq-5-vw-id-4-fourth-top-selling-ev/
How Tesla Planted the Seeds for Its Own Potential Downfall: Elon Musk’s factory in China saved his company and made him ultrarich. Now, it may backfire.
nytimes.com/2024/04/09/podcasts/the-daily/tesla-china-ev.html
Elon Musk is putting Tesla all-in on Robotaxi: Riding the AI wave, Elon Musk is betting Tesla’s business on its self-driving effort, including Robotaxi ...
electrek.co/2024/04/16/elon-musk-tesla-all-in-self-driving-robotaxi/
Will Tesla finally unveil a self-driving vehicle?: Elon Musk said a self-driving Tesla is coming this year. Not everyone is convinced
qz.com/will-tesla-finally-unveil-a-self-driving-vehicle-1851395586
Tesla stock has plummeted this year. Will the company recover?: The company is one of the worst-performing stocks in the S&P 500.
abcnews.go.com/Business/tesla-stock-plummeted-year-company-recover/story
Tesla cofounder: Canceled $25K Tesla helps China: Tesla cofounder Martin Eberhard said China would likely benefit if Tesla scrapped its $25,000 car.
businessinsider.com/tesla-cofounder-china-chance-spread-report-canceled-25k-model-2-2024-4
Tesla to scout sites in India for $2 bln-$3 bln EV factory, FT reports: Tesla will send a team from the United States to India by late-April to study sites for a ...
reuters.com/business/autos-transportation/tesla-scout-sites-india-2-bln-3-bln-ev-plant-ft-reports-2024-04-03/
Tesla's Premium Valuations May Have Overstayed Their Welcome: Tesla's failure to address market trends and utilize its advantages may impact its stock ...
seekingalpha.com/article/4683213-tesla-stock-premium-valuations-may-have-overstayed-their-welcome-reiterate-hold
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Tesla deliveries had a big drop and the stock is dropping, too: Elon Musk's electric vehicle maker continues to have a rough year, coming in well below analysts' ...
qz.com/elon-musk-tesla-electric-vehicle-deliveries-sales-q1-1851380928
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Quick Glance: Tesla Deliveries Plunge, Stock Price Drops
- Tesla delivered only 386,810 electric vehicles in the first quarter of 2024, significantly below expectations.
- Tesla stock fell nearly 6% after the announcement of poor delivery figures.
- Despite various measures announced by Elon Musk to boost sales, Tesla is struggling with selling its cars.
- Some investors blame Musk and the company's board of directors for the financial downturn, calling for an immediate replacement of the board.
Report: Elon Musk Kills Tesla's Cheap Car Project, Again, Denies It: Sources inside Tesla spill the dirt on Elon’s latest pivot away from a rumored $25,000 model ...
motortrend.com/news/tesla-cheap-ev-plans-canceled-again-elon-musk-report/
Tesla is reportedly focusing on robotaxis over its planned budget EV: Tesla has scrapped plans to make an affordable electric vehicle (EV), according to Reuters ...
engadget.com/tesla-is-reportedly-focusing-on-robotaxis-over-its-planned-budget-ev-190833687.html
Exclusive: BP's EV charging arm cuts jobs, reduces global ambitions: BP has cut over a tenth of the workforce in its electric vehicle charging business and ...
reuters.com/business/autos-transportation/bps-ev-charging-arm-cuts-jobs-reduces-global-ambitions-2024-04-15/
Elon Musk said a self-driving Tesla is coming this year. Not everyone is convinced
qz.com/tesla-elon-musk-electric-vehicle-self-driving-robotaxi-1851394798
Tesla Gives Up on $25,000 Model 2 in Favor of Robotaxis: Report: Tesla CEO Elon Musk is "all-in" on robotaxis, and perhaps as a consequence ...
thedrive.com/news/tesla-gives-up-on-25000-model-2-in-favor-of-robotaxis-report
CNA Explains: Are China's EVs here to stay despite slow start to 2024?: CNA looks at the story behind Beijing's EV boom, the hurdles ahead and what it ...
channelnewsasia.com/asia/china-evs-electric-vehicles-cna-explains-byd-xpeng-nio-catl-tesla-4252576
Elon Musk's X has a new safety leader, nine months after predecessor left the social media platform
apnews.com/article/elon-musk-x-twitter-safety-leaders-b9ee278e909139e237e78e2edf222b06
We drove all of Lucid’s 2024 Air models and got a sneak peak at its upcoming ‘Mid-Size’ EVs
electrek.co/2024/04/18/ucid-2024-air-models-sneak-peak-at-upcoming-mid-size-evs/
These new EV charging features are coming to Google Maps: Google's new Maps features help EV drivers find exact information about EV chargers' ...
electrek.co/2024/04/17/these-new-ev-charging-features-are-coming-to-google-maps/
IM Motors opens pre-sale for solid-state powered L6 sedan, starting under $32,000
electrek.co/2024/04/08/im-motors-opens-pre-sale-solid-state-powered-l6-sedan-starting-under-32000/
Where are many electric cars supported with environmental bonuses today? - AUTO BILD
autobild.de/artikel/elektroauto-foerderung-missbrauch-22590069.html
Are These Really Unreleased Tesla Model 3 Plaid Wheels on Craigslist?: Someone posted what could be Tesla Model 3 Plaid wheels on Craigslist before the car has ...
thedrive.com/news/are-these-really-unreleased-tesla-model-3-plaid-wheels-on-craigslist
2024 Tesla Model 3: Good Enough to Be Elon-Proof?: In a softening EV market, the Tesla CEO’s remarks have made some buyers wary of the brand ...
wsj.com/lifestyle/cars/2024-tesla-model-3-review-good-enough-to-be-elon-proof-d86d6d2b
BMW USA Tells Dealers Nearly 40 New Cars Are Coming By 2030: At a meeting with dealers held in Las Vegas, BMW informed retailers about an upcoming product ...
bmwblog.com/2024/04/10/bmw-usa-tells-dealers-nearly-40-new-cars-coming-2030/
Rivian Will Use Your EV to Spread the Word About Bad Public Chargers: Thanks to a new update, Rivians will now grade public chargers each time their owners use ...
thedrive.com/news/rivian-will-use-your-ev-to-spread-the-word-about-bad-public-chargers
EVs Break Sales Records, but They Still Don't Meet Projections: Automakers claimed they were going all in on EVs, something easier said than done ...
caranddriver.com/news/a60278764/ev-sales-challenges/
Can't afford a new EV but want to dip toes in growing market? Here's 1 option.: Industry experts predict used EV market will grow this year as consumers look to ...
freep.com/story/money/cars/general-motors/2024/04/11/used-ev-sales-grow-as-consumers-look-to-try-them-for-cheaper-than-new/73235347007/
First Drive: Refreshed 2024 Tesla Model 3 Improves Upon Its Winning Formula: Consumer Reports reviews the updated 2024 Tesla Model 3 electric sedan ...
consumerreports.org/cars/hybrids-evs/2024-tesla-model-3-review-a1206367267/
Tesla's China-made EV sales edge up 0.2% y/y in March: U.S. automaker Tesla sold 89,064 China-made electric vehicles in March, a 0.2% increase from a year ...
reuters.com/business/autos-transportation/teslas-china-made-ev-sales-edge-up-02-yy-march-2024-04-02/
Ford, Tesla, GM, Toyota, and all the other auto makers reporting sales: New reports give investors and analysts insight into the health of the major auto ...
qz.com/auto-sales-q1-tesla-toyota-byd-rivian-gm-hyundai-honda-1851382231
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Mercedes-Benz’s sleek new entry-level CLA EV spotted as a Tesla Model 3 rival [Video]
electrek.co/2024/04/02/mercedes-entry-level-cla-ev-caught-testing-tesla-model-3-rival/
Tesla vs gas cars: Here's how far EVs can go on a California road trip: Should you buy an electric vehicle? Compare Tesla and other popular 2024 models to see if ...
sfchronicle.com/projects/ev-car-map/
Here's What the U.S.-Market Volkswagen ID7 EV Sedan Comes With: Volkswagen’s “near-luxury” electric sedan sets its sights on the Tesla Model 3
motortrend.com/news/2025-volkswagen-id7-price-msrp-trim-levels/
A Tesla Supercharger is Maine’s first NEVI EV charging station: Maine just opened its first NEVI Formula Program-funded EV charging station – a Tesla ...
electrek.co/2024/04/03/tesla-supercharger-maine-first-nevi-ev-charging-station/
2024 Fiat 500e: What We Know So Far: Fiat's retro-cute 500, now exclusively offered with electric power, is a small and affordable EV with not much range or ...
caranddriver.com/fiat/500e
Biden’s impossible dream: Any car you want, as long as it’s an EV: The lack of feasibility and dearth of consumer interest haven’t deterred a government intent ...
washingtonpost.com/opinions/2024/04/12/biden-electric-car-misguided-policy/
Tourist with e-car annoyed about charging price in Chemnitz: If you drive to the pump with a combustion engine, the current price per liter is displayed ...
freiepresse.de/chemnitz/tourist-mit-e-auto-veraergert-ueber-ladepreis-in-chemnitz-artikel13332986
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Former Tesla boss not happy with Elon Musk's most recent decision: Musk's latest moves are a hard turn from his initial plans for Tesla.
thestreet.com/electric-vehicles/former-tesla-boss-not-happy-with-elons-most-recent-decision
The 25 Bestselling Cars, Trucks, and SUVs of 2024 (So Far): After years of turmoil, new-car sales are settling back into normalcy, and some new models snuck onto ...
caranddriver.com/news/g60385784/bestselling-cars-2024/
2024 Fiat 500e Review: City Scooting in Style: Fiat has redesigned its Cinquecento for the North American market, delivering a practical EV for those without ...
newsweek.com/2024-fiat-500e-review-city-scooting-style-1889738
Quick Glance: Compact Electric Fiat 500e Suits Its Market Perfectly
- Making a comeback after a significant break, the Fiat 500e re-enters the US market with a touch of Italian style.
- The new model slightly outstrips its predecessor in most dimensions, showcasing a subtle size increase.
- Fiat intends to introduce various editions of the 500e featuring distinct colors and functionalities.
- Both the 7-inch digital instrument cluster and the 10.25-inch Uconnect 5 infotainment system will be standard across all 500e models.
Save 20% on this USB-C docking station for Teslas: Streamlined charging.
mashable.com/deals/march-31-usbc-docking-station
Decarbonisation options for Singapore's marine industry as electric harbour craft charging point trial starts
channelnewsasia.com/singapore/electric-harbour-craft-marina-south-pier-charging-point-pyxis-decarbonisation-marine-industry-4250351
Chinese smartphone giant Xiaomi sees robust demand for first EV, even as buyers face delivery wait times of more than 5 months
scmp.com/tech/big-tech/article/3257587/chinese-smartphone-giant-xiaomi-sees-robust-demand-first-ev-even-buyers-face-delivery-wait-times
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The 20 best US cities to own an electric vehicle : Owning an electric car can be a headache, and where you live can make it easier or harder ...
businessinsider.com/best-us-cities-to-own-electric-car-ev-2024-4
Low Miles BMW i3s 120Ah Is Still a Great Buy: Discover why the BMW i3s is the EV you never considered. From longevity to style, explore its surprising features ...
bmwblog.com/2024/04/03/bmw-i3s-120ah-great-buy/
Podcast: Tesla Q1 results, Model 3 Ludicrous, Silverado EV RST electric pickup, and more
electrek.co/2024/04/05/podcast-tesla-q1-results-model-3-ludicrous-silverado-ev-rst-electric-pickup/
China's oil majors face uphill climb to adapt to EV future: Tucked away on a side road in suburban Beijing, the Xiaowuji battery charging station opened by ...
reut.rs/3J4HOBn
Daily EV Recap: Tesla’s Model 3 Plaid nears release: Listen to a recap of the top stories of the day from Electrek. Quick Charge is now available on Apple ...
electrek.co/2024/04/01/daily-ev-recap-teslas-model-3-plaid-nears-release/
Tesla plans new world’s largest Supercharger with an impressive 200 stalls: Tesla has unveiled plans for a new world’s largest Supercharger station ...
electrek.co/2024/04/08/tesla-new-worlds-largest-supercharger-200-stalls/
China's oil majors face uphill climb to adapt to EV future: Tucked away on a side road in suburban Beijing, the Xiaowuji battery charging station opened by ...
reuters.com/world/china/chinas-oil-majors-face-uphill-climb-adapt-ev-future-2024-04-01/
Google Maps AI upgrades could solve your EV charging headaches: Find the nearest charging station
techradar.com/computing/software/google-maps-ai-upgrades-could-solve-your-ev-charging-headaches
First Look Worth the Look: Maserati's Breathtakingly Gorgeous Electric Convertible
motortrend.com/news/2024-maserati-grancabrio-folgore-first-look-review/
What it’s really like to drive 285 miles to The Lakes in an electric car: We took the brand new all-electric BMW iX1 from Essex to the Lake District to try out ...
metro.co.uk/2024/04/06/really-like-drive-285-miles-lakes-electric-car-20595866/
Tesla Cybertruck Buyers Report Last-Minute Delivery Cancellations: Future Cybertruck owners receive a notification about indefinite delays. Tesla has not ...
uk.pcmag.com/cars-auto/151868/tesla-cybertruck-buyers-report-last-minute-delivery-cancellations
Quick Glance: Tesla Cybertruck: Pedal Safety Issues
- The Tesla Cybertruck has faced criticism for various issues, but now a serious safety concern with the accelerator pedal has led to the temporary halt of deliveries.
- A video and reports show that the pedal cover can come loose and jam, causing unintended acceleration even when the foot is not on the pedal.
- Deliveries have been halted, appointments rescheduled and canceled as Tesla investigates acceleration issues. A regulatory investigation looms over the company, potentially requiring a recall of all trucks.
- Some drivers have attempted to manually remove the pedal cover, indicating a potentially serious safety issue that cannot be resolved through software.
Google Maps' latest update will make electric-vehicle owners happy: It's a perfect addition for those EV owners with range anxiety.
thestreet.com/technology/google-maps-latest-update-will-make-ev-owners-happy
Tesla boss Elon Musk’s lay-offs mainly target sales staff, leaving production at Shanghai Gigafactory unaffected: sources
scmp.com/business/china-business/article/3259519/tesla-boss-elon-musks-lay-offs-mainly-target-sales-staff-leaving-production-shanghai-gigafactory
Tesla to cut workforce as China accelerates into EV sector: NEW YORK -- Tesla CEO Elon Musk told employees on Monday that the electric vehicle giant is cutting ...
asia.nikkei.com/Business/Automobiles/Tesla-to-cut-workforce-as-China-accelerates-into-EV-sector
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What can a renter do to fight climate change? Act on the things you can control.
startribune.com/untitled/600359053/
Anker's 65W charging station makes the perfect travel companion at 40% off: Small enough to fit in your pocket, powerful enough to charge all of your gear
androidpolice.com/anker-ganprime-65w-charging-station-40-off/
A Tesla Model 3 software update had this driver complaining of 115-degree heat: Tesla warns owners that opening their doors or windows while installing a ...
qz.com/tesla-model-3-software-update-tiktok-video-1851408722
The biggest Mini grows even bigger without reducing the fun : The appeal of any Mini is that it’s a fun car to drive and even just to spend time in ...
theglobeandmail.com/drive/reviews/article-the-biggest-mini-grows-even-bigger-without-reducing-the-fun/
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