The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
· 14h · on MSN
Tesla’s Elon Musk reveals first city for automaker’s new robotaxi service
· 8h · on MSN
Elon Musk says Tesla paid robotaxi service launching in Austin in June
Elon Musk’s Tesla reports lower than expected profits
Tesla has reported lower than expected profits, but will return to sales volume growth and move forward with fully autonomous driving.
"I think we’ll do it February 1st." On the morning of January 28, Detroit Big Three automaker General Motors (GM) reported Q4 and full-year 2024 earnings, where they posted major losses. The automaker behind Chevrolet and Cadillac said it lost $2.
[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday.
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
General Motors is focusing on its Super Cruise driver assistance technology to boost revenue, predicting $2 billion annually within five years. This technology, similar to Tesla's Autopilot, enables hands-off driving and is expected to foster consumer acceptance of self-driving cars,
In 2024, about 20% of roughly 18,000 users signed up for a Super Cruise subscription after the complimentary subscription ended, Barra said. Another 33,000 vehicles will end a three-year trial period in 2025 and GM is targeting to more than double subscription revenue, she added.
Tesla stock opened down 0.7% at $395.19 ahead of earnings. Coming into this report, Tesla stock has fallen for five of the past six trading days, losing almost 7% over that span. The year-over-year gain is worth more than the market value of General Motors,
Electric vehicle pioneer Tesla (NASDAQ:TSLA) in Q4 CY2024 as sales rose 2.1% year on year to $25.71 billion. Its non-GAAP profit of $0.73 per share was 5.2% below analysts’ consensus estimates. Is now the time to buy Tesla?
Owners of the electric Lucid Gravity SUV will gain access to Tesla’s Supercharging network starting January 31. The Gravity is Lucid’s second
Tesla stock's up 4% after Elon Musk – again – announced that robotaxis are imminent. But is this really happening and does it really matter? The post As Tesla stock rises on more robotaxi claims, what should investors do?
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