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Tesla's stock fell over 3% amid plunging vehicle deliveries, weak European sales, missed Cybertruck targets, and rising competition, raising concerns over near-term demand and strategic execution ris…
Tesla's Cybertruck sales disappoint, prompting Elon Musk's SpaceX to buy over 1,000 units internally amid stiff competition and regulatory challenges in the US electric vehicle market.
Tesla's Cybertruck sales remain low with limited growth expected, a California judge ruled Tesla misled consumers on Autopilot, and ARK Invest sold shares amid a recent price pullback.
Tesla shares rose over 3.5% after reports that SpaceX purchased thousands of Cybertrucks, helping manage Tesla's excess inventory amid slower-than-expected sales and production for the model.
Tesla began selling the Cybertruck in Qatar, expanding Middle East operations after its Saudi launch. The move aims to offset slowing U.S. and China demand but faces stiff competition from BYD, Zeekr…