Unbeknownst to much of the public, Elon Musk did not actually start Tesla. Indeed, Musk was actually the company’s 4th CEO when he initially joined the company way back in 2008. While Musk can be credited with substantially transforming the firm and its offerings, its original co-founders, Martin Eberhard and Marc Tarpenning, launched Tesla in […]
Elon Musk Is Digging Tunnels Under Nashville
Somehow, Elon Musk keeps convincing cities to allow him to dig under them. The latest locale to give The Boring Company the rights to displace dirt directly under their feet is Nashville, Tennessee, which announced an agreement this week to allow Musk’s firm to build a 10-mile “loop” that will connect the city’s airport and […]
After Years of Promises, Tesla Says Its Cheaper Car Is Actually on the Way
For nearly a decade, it has been the holy grail for Tesla fans and the key to its mainstream future: a truly affordable electric car for the masses. After years of promises, delays, and speculation, the company confirmed on Wednesday that the long-awaited cheaper Tesla is finally moving from myth to reality. In its Q2 […]
Is Trump Trying to Get Back in Elon Musk’s Good Graces?
Elon Musk and Donald Trump joined forces before the 2024 presidential election to help each other out. Trump needed Musk’s money to buy votes and Musk needed Trump to decimate the federal government while making sure contracts with his own companies remained untouched. But the two men had a very messy falling out back in […]
Tesla Turns to a Classic Tactic to Spark a Buying Frenzy
If you’ve been thinking about buying a Tesla, the company has a direct and urgent message for you: the clock is ticking, and time is running out. During a conference call with analysts on Wednesday, Tesla’s Chief Financial Officer, Vaibhav Taneja, issued a stark warning to potential U.S. customers. The popular $7,500 federal tax credit […]
Tesla’s Nightmare Continues As Musk Warns of “Rough Quarters”Ahead
Tesla’s second-quarter earnings paint a grim picture: falling profits, slumping sales, and a reputation hit that keeps on hurting. The all-electric carmaker reported net income of $1.17 billion, down 16.3% from the same period in 2024. Revenue fell 12% to $22.5 billion from $25.5 billion a year earlier, marking Tesla’s second consecutive quarter of declining […]
As Tesla’s Sales Dwindle, a Critical Revenue Source Is Running Dry
Despite the occasional stock market rally, Tesla is clearly struggling. The EV company, once the crown jewel of its industry, has seen steep declines over the past year, as its CEO, Elon Musk, continues to draw criticism over his political activities. Sales for the company are down all over the world, despite its recent introduction […]
Tesla Isn’t a Car Company Anymore
Tesla may be in trouble. Investors and fans will get a clearer picture this Wednesday, July 23, when Elon Musk’s carmaker publishes its second-quarter earnings. There is no doubt that the core business is facing significant headwinds. The electric vehicle pioneer is expected to post a 13 percent drop in revenue and a 25 percent […]
Tesla Launches Blitz Sale to Revive Sales Ahead of EV Tax Break Cliff
Tesla has fired the first major shot in a brewing electric vehicle price war, launching a series of aggressive new promotions across its lineup as the market braces for the end of a crucial federal incentive. With the $7,500 federal tax credit for new electric vehicles set to expire on September 30, Elon Musk’s company […]
How Elon Musk Created a Nightmare for Donald Trump
On June 5, Elon Musk did something no one had managed to do since Donald Trump first stormed the political stage in 2015: he destabilized the king of Make America Great Again (MAGA). It started with a now-deleted bombshell post on X (formerly Twitter). “Time to drop the really big bomb. Donald Trump is in […]