Latest news about Elon Musk, from his groundbreaking ventures like Tesla, SpaceX, and Neuralink
During its Q1 2025 earnings call, Tesla executives hinted at the much-rumored “Model 2” and other next-gen EV designs. Tesla slightly addressed whether or not it will be pushing forward with the debut of new models later this year in its latest earnings call. The company’s product development executive, Lars Moravy, shared some details … Read more
Tesla announced earlier today that it has already launched an abbreviated version of what will eventually be launched as its Robotaxi fleet in both Austin and the San Francisco Bay Area. It is available to employees, Tesla said. The automaker did not specify exactly how long it has been operating the fleet, which uses the … Read more
During Tesla’s (NASDAQ:TSLA) Q1 2025 earnings call, Elon Musk the company’s Chief Financial Officer (CFO) provided details about President Trump’s auto tariffs and how they impact the company. Elon Musk and other Tesla executives acknowledged that the company would face a few challenges resulting from President Trump’s auto tariffs. However, they also emphasized that Tesla … Read more
A study from insurance agency Guardian Service has suggested that a notable number of Tesla owners in the United States have experienced intentional damage to their vehicles. Despite this, the majority of Tesla owners who participated in the study were still willing to recommend the company’s vehicles to their friends. The Study The insurance agency’s … Read more
A first glance at the Tesla Optimus pilot production line was shared by the company during its Q1 2025 Update letter. Tesla noted that its Optimus production timeline remains intact with the company aiming to produce its first humanoid robots capable of useful work soon. Tesla’s Optimus pilot production line is in the Fremont factory, … Read more
In its Q1 2025 Update letter, Tesla shared that all Model Y and Model 3 units delivered in America use 100% U.S.-built battery packs. The announcement reveals Tesla’s forward-thinking strategies and showcases how prepared it is to take on President Trump’s auto tariffs. “Gigafactory Nevada achieved record battery pack production. Model 3 and Model Y … Read more
Wedbush Securities analyst. Daniel Ives sees a brighter future for the automaker now that Elon Musk plans to reduce his time with the DOGE team. After the company’s latest earnings call, the long-time TSLA bull raised Tesla’s price target from $315 to $350 with a BUY rating. “Last night was a pivotal conference call for … Read more
Tesla’s Q1 2025 earnings were released in an Update Letter, which was posted on the company’s Investor Relations website after markets closed today, April 22, 2025. Tesla Q1 2025 Deliveries Tesla’s first quarter vehicle deliveries fell short of expectations, with the EV maker delivering a total of 336,681 vehicles, comprised of 323,800 Model 3/Y and … Read more
Tesla CEO Elon Musk confirmed today during the company’s Q1 2025 Earnings Call that his time allocation to the Department of Government Efficiency (DOGE) will drop “significantly,” as he will now turn more of his attention back to the automaker. “I believe the right thing to do is to fight the waste and fraud and … Read more
Tesla’s (NASDAQ:TSLA) Q1 2025 earnings call comes on the heels of the company’s Q1 2025 Update, which was released after the closing bell on April 22, 2025. Tesla’s Q1 2025 Results: Total Revenues: $19.3 billion Total automotive revenues: $13.967 billion Total GAAP gross margin: 16.3% Gross Profit: $3.15 billion EPS non-GAAP: $0.27 per share Free cash … Read more