Even though CEO Elon Musk is in Trump’s inner circle, Tesla CFO Vaibhav Taneja said Wednesday that the EV maker could be affected by tariffs imposed by Trump. Just because Elon Musk is Donald Trump’s self-designated “first buddy” doesn’t mean his EV company won’t be hurt by the President's policies,
Elon Musk promised Tesla’s car sales would jump 20% this year at a minimum, but his own company doesn’t even seem to believe that.
Elon Musk said Austin residents will be able to pay for a fully autonomous Tesla robotaxi ride in June, with an expansion to more US cities planned.
Musk is banking on exponential growth of self-driving cars and humanoid robots to make Tesla the most valuable company in the world.
The news comes from CEO Elon Musk, who finally admitted it during Wednesday's Tesla earnings call (via Electrek ). "The truth is that we will need to replace all HW3 computers in vehicles where FSD was purchased," said Musk after Tesla's head of FSD, Ashok Elluswamy, said the company is "not giving up on it."
During Tesla's earnings call, Elon Musk mentioned Superman, telescopes, Hollywood, and inventors shouting "Eureka!"
Elon Musk claimed this week that Tesla robotaxi's will hit the roads this summer however skepticism from industry experts and analysts is high.
It doesn't matter what Musk really meant with this salute. Robotaxis are exclusively a product for large urban areas, and that population largely didn't like it at all.
The electric vehicle giant reported a 70 per cent drop in profit for 2024, with net income falling to $2.3bn (£1.83bn)
SNL star says she 'had a vibe' with Elon Musk despite him making her cry - Comedian had previously said she had been left in tears by Musk
Dow Jones futures rose overnight, along with S&P 500 futures and Nasdaq futures. Apple flashed a big signal on earnings while Atlassian and Deckers made big, divergent moves.The stock market rally advanced Thursday though the indexes pared gains near the close on fresh Trump tariff threats.