Electric Car News Tesla Sales Disappoint, But Elon Musk Vows New Cars ‘will Be In The Wild, With No One In Them’

Tesla Isn't Alone, Most Electric Cars Lose Value Faster Than You Might Think

Electric vehicles may be better for the environment and have lower running costs, but data suggests they lose value far quicker than gas-powered models. Read More

Tesla struggles to course correct from sales skid

By Nick Carey and Abhirup Roy (Reuters) -Tesla CEO Elon Musk has spent much of this year focused on the carmaker’s robotics pursuits and winning shareholder approval for his freshly minted $1 trillion ... Read More

Tesla offers cheaper versions of 2 electric vehicles in bid to win back market share in tough year

NEW YORK -- Tesla rolled out new, cheaper versions of two of its electric car models on Tuesday in hopes the offerings will help revive flagging sales. The new Model Y, costing just under $40,000 with ... Read More

Elon Musk's "polarizing and partisan actions" hurt Tesla sales, Yale study finds

Elon Musk is widely recognized as an electric car pioneer. Yet the Tesla CEO has also single-handedly chilled the automaker's sales, according to a recent study by researchers at Yale University. Read More

Elon Musk’s Tesla disappoints investors despite record sales as profit dented by higher costs, fading credits

Tesla reported record third-quarter revenue that beat Wall Street estimates on Wednesday, driven by the highest quarterly sales of its electric vehicles as US buyers rushed to lock in a key tax credit ... Read More

Tesla Cybertruck Sales Are So Bad That Musk Is Now Buying Them Himself

It's no secret that the Tesla Cybertruck has been a sales flop, despite boasting the latest and greatest technologies from Elon Musk's company. The latest Cox Automotive report shows that sales have ... Read More

Tesla shares fall as new lower-cost cars disappoint

Tesla has unveiled cheaper models of two of its most popular cars in the US as it tries to boost sales on the heels of the expiration of a key US tax credit. But the carmaker's shares tumbled about 4% ... Read More

Elon Musk’s politics cost his firm Tesla more than one million EV sales, report reveals

Elon Musk’s polarizing political actions since acquiring Twitter, later rebranded X, in 2022 dramatically hurt the automaker’s U.S. sales, underscoring how deeply its fortunes are intertwined with the ... Read More

Tesla May Have Sold a Million Fewer Cars Because of Elon Musk’s Toxic Politics

Elon Musk‘s highly visible involvement in American politics over the past few years — culminating in several months serving as a key adviser to President Donald Trump — have come at a cost for Tesla. Read More