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The Latest Breaking News from Sawyer Merritt

Tesla Burned Through Its California EV Rebate Funds In Just Five Days

California launched a new EV credit to help spur demand. Tesla used up its share of the cash within a week.

InsideEVs

Tesla Burns Through Funds Allocated for Gavin Newsom’s EV Rebate Within Days—California Governor Hails Clean Energy Bet

Gov. Gavin Newsom‘s (D-CA) MyFirstEV program promises a $3,500 instant discount on new EVs, as well as a $1,750 discount on used EVs, for first-time buyers in California. Now, Elon Musk‘s Tesla Inc. (NASDAQ:TSLA) has confirmed on its website that it has run out of allocated funds in the program.

Benzinga

Elon Musk Says Starlink Will Be in Every Car, Calls It the ‘Only Way’ To Connect Billions of Vehicles

Space Exploration Technologies Corp. (NASDAQ:SPCX) and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk says all cars will eventually feature Starlink connectivity, arguing satellite internet could provide high-bandwidth connectivity to billions of vehicles.

Benzinga

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Tesla Raises Model 3 Lease Prices Across its Lineup by Up to 15% as Wall Street Braces for Second-Quarter Earnings

Tesla Inc. (NASDAQ:TSLA) raised monthly lease prices across its U.S. Model 3 lineup, reversing part of the aggressive discounting it introduced this spring as the electric-vehicle maker prepares to report second-quarter results.

Benzinga

Tesla Q2 Earnings: Elon Musk's Pay Package, Cybercab and Optimus Lead Top Investor Questions

As Elon Musk-led automaker Tesla Inc. (NASDAQ:TSLA) is set to hold its second-quarter earnings call with investors next week, here are some top questions investors have submitted for the EV giant’s management.

Benzinga

Musk to Seize Total Control of SpaceX IPO With Absolute 85% Voting Power

SpaceX is set for a historic IPO, revealing financial details and ambitious plans for multiplanetary expansion, while maintaining control under Elon Musk's leadership.

International Business Times UK

Gary Black Says Tesla's Optimus Tele-Operation Concerns Driving Down Share Price — Sawyer Merritt Responds: 'It Was Already Known...'

The managing director of The Future Fund LLC, Gary Black, thinks that the recent video involving an Optimus Robot at the company's Miami event over the weekend has raised questions and is driving Tesla Inc. (NASDAQ:TSLA) stock down.

Benzinga

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Tesla To Expand Rental Program Across Multiple US Cities With Unlimited Miles, Free Supercharging From $60/Day

Tesla Inc. (NASDAQ:TSLA) is reportedly expanding its rental program across various cities.

Benzinga

Tesla Robotaxi Rival Waymo Shares Updated Fleet Size Amid Highway Expansion — Elon Musk Says 'Rookie Numbers'

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has shared his thoughts on Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo’s announcement of its updated fleet size.

Benzinga

Sawyer Merritt Threatens To Move Assets If Charles Schwab Votes Against Elon Musk's Tesla Pay Package: 'I Can't In Good Conscience...'

Influencer Sawyer Merritt has slammed investment firm Charles Schwab for voting against Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's trillion-dollar pay packet, threatening to move all of his assets to other brokerage firms.

Benzinga

Jim Cramer Backs Elon Musk's $1 Trillion Package: 'Hate Him Or Like Him' He's 'Really Smart,' 'Actually Worth It' (CORRECTED)

Editor’s note: The story was corrected to attribute Elon Musk’s comments to the earnings call.

Benzinga

Tesla Operates In Five Continents, A Sixth Could Be On The Way With This Country

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk was born in South Africa and spent 17 years there before moving to North America. The billionaire's EV company could be headed to Africa for the first time, but it won't be Musk's home country.

Benzinga

Elon Musk Says Trump's Transportation Secretary Sean Duffy Is 'Trying To Kill' NASA

Billionaire and SpaceX CEO Elon Musk has sharply criticized a government official's reported plan to fold NASA into the Department of Transportation, calling it a threat to the agency's independence and U.S. space leadership.

Benzinga

Dan Ives Says Robotaxi Rollout Across US, xAI Investment And Elon Musk's Pay Packet Will Be 'Major Focus' Of Tesla Earnings Call

Wedbush Securities investor and Tesla Inc. (NASDAQ:TSLA) bull Dan Ives is optimistic about the approval of CEO Elon Musk's new pay package during next month's shareholder meeting ahead of the automaker's third-quarter earnings call on Wednesday.

Benzinga

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Benzinga

Tesla Cybercab Spotted At Gigafactory Texas And California After Affordable Model Y, Model 3 Trims Launch

Tesla Inc. (NASDAQ:TSLA) has reportedly began testing the highly awaited Cybercab at the company's Gigafactory in Texas as well as the Fremont, California facility, amid buzz surrounding the affordable trims in the EV giant's lineup.

Benzinga

Tesla Launches Ad Blitz Across Facebook, Instagram, Google And X Urging Shareholders To Back Elon Musk's Massive Pay Package And Board Proposals

Elon Musk’s Tesla Inc. (NASDAQ: TSLA) is reportedly running ads on multiple social media platforms, urging investors to vote in favor of Board recommendations ahead of November's shareholder meeting.

Benzinga

Tesla Secures Production Patent Set To Be Used For Cybercab: Report

Tesla Inc. (NASDAQ:TSLA) has secured a patent that will reportedly be used in the production of the Elon Musk-led EV giant's upcoming Cybercab.

Benzinga

Tesla Chair Robyn Denholm Calls Elon Musk 'Once-In-A-Generation Visionary' In New Message To Shareholders: 'Elon Only Gets Compensated...'

Tesla Inc.'s (NASDAQ:TSLA) Robyn Denholm, who serves as the Chairperson of the EV giant's board of directors, has hailed CEO Elon Musk in her latest message to the company's shareholders.

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Benzinga

Dan Ives Predicts $1 Trillion Opportunity For Tesla's AI, Autonomous Exploits, Says Elon Musk Is In 'Wartime CEO' Mode

Wedbush Securities' investor and Tesla Inc. (NASDAQ:TSLA) bull Dan Ives has predicted a $1 trillion market opportunity for the Elon Musk-led EV giant's robotics and autonomous push.

Benzinga

Morgan Stanley Says Elon Musk's $1 Trillion Package Is A 'Good Deal' For Tesla Investors

Morgan Stanley's investor and Tesla Inc. (NASDAQ:TSLA) bull Adam Jonas thinks CEO Elon Musk's new $1 trillion compensation package is positive news for the EV giant's shareholders and investors.

Benzinga

Elon Musk-Led Starlink Announces 7 Million Worldwide Customers, Adds 1 Million In 2 Months

Billionaire Elon Musk's low-Earth-orbit-based satellite internet service, Starlink, announced that the company has reached a total of 7 million customers worldwide.

Benzinga

Tesla Is Running Low On Model Y Inventory In US As Federal EV Credit Deadline Draws Closer

Tesla Inc. (NASDAQ:TSLA) is reportedly running low on inventory of the new Model Y in the U.S. as President Donald Trump's September 30 deadline for $7,500 EV credit looms.

Benzinga

Elon Musk Says Model Y L Might Not Be Coming To The US, Drawing Mixed Reactions From The Tesla Faithful: 'Really Bad Decision'

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has hinted that the new Model Y L, a 6-seater version of the Model Y SUV released in China, might not make it to the U.S.

Benzinga

Alphabet's Waymo Tests New Robotaxi With 6th-Gen Autonomous Hardware As Self-Driving Race Heats Up

Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) autonomous ride-hailing company Waymo has begun testing its new Robotaxi with sixth-generation self-driving hardware.

Benzinga

Lucid Loses $82K Per EV, Rivian Warns Trump Tariffs May Add 'Couple Thousand Dollars' To Costs—LCID, RIVN Stocks Fall

All-electric automakers Lucid Group Inc. (NASDAQ:LCID) and Rivian Technologies Inc. (NASDAQ:RIVN) held their second-quarter earnings calls, sharing key insights into the performance of both companies with investors.

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