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Lucid Motors plans $1.4B in cost cuts via production and inventory reductions after Q2 losses widened. Revenue rose but missed estimates; EPS loss worsened. Company cites weak EV demand post tax-cred…
Tesla ends Model S and Model X production, launching 350 limited-edition Signature vehicles at $159,420 each. The discontinuation reflects falling demand as the company pivots toward Optimus robot pr…
Tesla raised Model Y prices by $500-$1,000 amid material cost inflation and weak EV demand. The move signals margin pressure despite strong FSD subscription growth, disappointing investors.
Tesla raised Model Y prices by $500–$1,000 across variants despite softer sales and recent recalls, signaling confidence but raising demand concerns.
Tesla's new car registrations in Italy fell for a fifth straight month in September, down 25.6% YoY to 1,450 units; Jan–Sep sales dropped 32.36% and market share sits near 1.1%.
Tesla shares jumped about 8% after a filing showed Elon Musk bought nearly $1 billion of stock, lifting investor confidence despite weak EV demand and political distraction concerns.
Tesla rallied over 7% after the chair endorsed Elon Musk and unveiled a proposed ~$1 trillion compensation plan tied to ambitious vehicle, robotaxi and AI milestones despite weak EV sales and valuati…
Tesla's new car registrations in Italy fell for a fourth consecutive month, down 4.4% in August and 33.6% year-to-date through August compared with 2024.