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The Latest Breaking News from Tesla Inc.

Tesla’s European Sales Plunged for a Fifth Straight Month. Should You Sell TSLA Stock Here?

Tesla shares sink as ACEA data confirms fifth consecutive month of sales decline in Europe. Morgan Stanley still recommends owning TSLA stock for robotaxi exposure.

Barchart

The Elon Musk effect continues as Europe’s Tesla sales drop for fifth month in a row

Tesla's stock price fell by more than 4 per cent in early afternoon trading

The Independent UK

Tesla Stock Is Sliding Wednesday: What's Going On?

Tesla Inc. (NASDAQ:TSLA) shares are trading lower Wednesday after the electric vehicle maker reported its fifth consecutive month of declining sales in the European market.

Benzinga

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Nvidia, Amazon, Tesla Among Tech Stocks Hedge Funds Are Piling Into — Here's How ETFs Like IVV, SPY, VOO Are Riding The Wave

The world’s biggest hedge funds are making some eyebrow-raising moves and they’re laser-obsessed with one thing: Big Tech. Based on the most recent 13F filings, institutional investors and hedge funds poured billions into big tech stocks such as Nvidia (NASDAQ:NVDA), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Tesla (NASDAQ:TSLA) and Apple (NASDAQ:AAPL) during…

Benzinga

8 Brands Whose Infotainment Systems Are Harvesting Driver Data Daily

Every time you get behind the wheel, your car’s infotainment system does more than play music or give directions. It’s collecting data about you, sometimes a lot more than you realize. From your location to your driving habits, these systems quietly gather information daily. This matters because your personal data…

Clever Dude

The Volkswagen ID.4 Gets Huge Upgrades Next Year, Buttons Are Back

The electric crossover is headed to the plastic surgeon's office for a nose job. It will also get a revamped interior with more buttons.

InsideEVs

Robinhood CEO Highlights Retail Investor Interest In Nvidia, Tesla Despite Middle East Tensions: 'Barely A Blip'

Robinhood (NASDAQ:HOOD) CEO Vlad Tenev on Tuesday expressed surprise at how resilient retail investors remained during the recent Middle East tensions.

Benzinga

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Robotaxi Roll Out: Tesla, Uber And Waymo Take Diverging Roads To Autonomy

Robotaxis are taking to the roads, and the major players in the sector operate with distinctly different business models. Here's a look at how Tesla, Inc. (NASDAQ:TSLA), Uber Technologies, Inc. (NYSE:UBER) and Waymo are making their mark on the future of transportation.

Benzinga

Tesla Launches Robotaxi Service, Immediately Gets Attention From Feds

The National Highway Traffic Safety Administration is already looking into erratic Tesla Robotaxi driving. Plus: BYD is slowing down. Here's what it means.

InsideEVs

Voices: As Tesla’s sales continue to slump, is it time for Elon Musk to step aside?

COMMENT: The former ‘first buddy’ is back in the driving seat of his car business, but hasn’t been able to take the brakes off decline in the key European market since leaving the White House. So who else might be able to turn around the fortunes of the EV juggernaut,…

The Independent UK

Cathie Wood's 2030 Math: Tesla Rockets Past SpaceX By $5.7T

Cathie Wood's two favorite Elon Musk ventures—Tesla Inc (NASDAQ:TSLA) and SpaceX – are heading for the stratosphere, but not at the same speed.

Benzinga

New car registrations fall in Europe and Tesla sees another drop

Tesla sales are still declining in the EU, while Chinese state-owned manufacturer SAIC Motor is increasing its market share.

Euronews

Pizza-sized chips are the future of AI accelerators, researchers concur - but heat remains a huge problem

New study shows wafer-scale processors may outperform GPUs in both computing power and sustainability.

TechRadar

Tesla’s market share in Europe falls in May despite booming EV demand, but pace of descent slows

Market demand for Tesla EVs in Europe could be building a bottom after the brand suffered only a 28% drop last month.

Fortune

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The Independent UK

Tesla sales plummet despite surge in drivers buying electric cars

Increased competition from Asian manufacturers and reputational damage to the brand could be behind the fall

Fortune

U.S. regulators are circling after Tesla’s Robotaxi launch included unexpected behavior and potentially broken traffic laws

The U.S.’s highway safety agency reached out to Tesla after several attendees posted videos of the Tesla vehicles acting erratically.

Benzinga

BYD Scales Back Production Amid Profit Concerns, Rising Inventory in China

BYD Co Ltd (OTC:BYDDY) (OTC BYDDF), the Chinese electric vehicle (EV) leader, has reportedly cut back on production at its Chinese facilities due to concerns over profitability, slowing sales, and rising inventory levels.

Motor1

Tesla Free Falls in Europe as Sales Drop for Fifth Straight Month

Tesla is experiencing a free fall in Europe, with no signs of improvement in the foreseeable future. Sales figures published today by the European Automobile Manufacturers' Association (ACEA) show demand dropped yet again in May, marking the fifth consecutive month of declining sales. A look at the numbers highlights just…

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Benzinga

Gary Black Calls Out 'Lack Of Constructive Feedback' On Tesla's Robotaxi Launch

Future Fund LLC's managing director, Gary Black, has slammed the lack of constructive feedback for Tesla Inc.'s (NASDAQ:TSLA) Austin Robotaxi launch on Sunday.

The Guardian - UK

Eurostar passengers suffer ‘nightmare’ disruption after ‘cable theft’ disrupts services; Nasdaq 100 tech share index hits record high – as it happened

Disruption between St Pancras and Gare du Nord after theft of cables at Lille leave passengers stranded

Benzinga

Tesla's Europe Sales Slide For 5th Straight Month: Elon Musk-led EV Giant's Market Share Shrinks To 1.3%

Tesla Inc. (NASDAQ:TSLA) has experienced a fifth straight month of declining sales in Europe as EVs continue to gain footing in the region.

Benzinga

Uber Nears All-Time High As Waymo Partnership Expands To Atlanta — Gary Black Calls It 'Low-Risk' While Tesla Lags In 'Supervised Autonomy'

Future Fund LLC's managing director, Gary Black, sees minimal risk in Uber Technologies Inc. (NYSE:UBER) as the ride-hailing giant announced the expansion of its partnership with Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo.

Benzinga

BigBear.ai, AMD, QuantumScape, Coinbase, Tesla: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks ended the day on a high note, with the Nasdaq gaining over 1.4% on Tuesday to 19,912.53. The Dow also traded up 1.2% to 43,089.02, while the SP 500 rose by 1.1% to 6,092.18.

InsideEVs

Now May Be The Time To Buy A Used Tesla Model 3

Tesla Model 3 values are tanking. You may want to get a bumper sticker or something, but then you can own a class-leading EV for cheap.

Benzinga

Tesla Vs. Meta: Engineer Says He's Staying At EV Giant — 'No Amount Of Money Can Sway Me From Elon'

The launch of robotaxis in Texas by Tesla Inc (NASDAQ:TSLA) has put an emphasis on the company's AI technology and engineers. Those same Tesla workers are also being contacted by rival companies, which want to lure them away.

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