The move comes after the firm reported a sharp fall in deliveries in the first three months of 2024.
Tesla investors, still digesting a 43% drop in share price since the beginning of the year, are gearing up for what will likely be unimpressive financial results for the first quarter and a shift in priorities for CEO Elon Musk, who is making more moves to go “balls to the wall for autonomy.” Tesla is expected to […] © 2024 TechCrunch. All rights reserved. For personal use only.
Moskovitz, who also serves as CEO of work-management platform Asana, suggested that Tesla could face legal repercussions. read more
In the first quarter of 2024, the two biggest manufacturers of electronic vehicles, Tesla and its Chinese rival BYD reports dramatic sales drops compared against the same time last year.
Earnings miss notwithstanding, momentum continued to build for Tesla's stock, which was rallying 11% in after hours trading. That's in large part because the EV maker said it plans on adding to its lineup and marketing a cheaper EV as early as next year, while investing in robotaxis as well. These
Diageo last month also announced that its draught beers would increase by six cents.
Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk.
Tesla reduced its US Model Y, Model S, and Model X prices following a 40% drop in stock prices. Tesla slashed the price of three of its five US models late Friday.
The older I get, the more my dying brain cements around the idea that fans invoke “small sample size” primarily when they don’t like the results. In a small sample size, Joey Bart is doing very nicely as a new member of the Pittsburgh Pirates, who’ve come to play the San Francisco Giants this weekend in a 3-game series. He’s 7-for-23 with a trio of dingers, a double, and 8 RBI to go with 5 walks against just 8 strikeouts. That’s a triple slash of .304/.429/.739 in a measly 28 PA. Now, it’s not...
Higher prices at Chipotle haven’t kept customers from visiting and spending at the fast-casual restaurant. They’re doing so because of value, executives said during the company’s quarterly earnings call. Chipotle saw its comparable restaurant sales increase 7% year over year during the first quarter, the company said in a Wednesday (April 24) earnings release. The company attributed […]
Tesla shares surged 12% on Wednesday after CEO Elon Musk said the company plans to produce new affordable EV models by early 2025.
The GMC Sierra EV Denali Edition 1 will arrive this summer with a base price of $99,495. The model is now expected to have a range of 440 miles, which is an increase of 10%. Payload and towing capacities have also climbed with the latter now hitting 10,000 lbs. Following a short delay, GMC is gearing up to launch the Sierra EV Denali Edition 1 this summer. It appears to be worth the wait as the company has slashed prices while also increasing the range. Starting with pricing, the model was...