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Tesla Will Recall Cybertruck in Latest Setback: A federal auto safety agency said the accelerator pedal on the pickup truck, sales of which began in late 2023 ...
nytimes.com/2024/04/19/business/tesla-cybertruck-recall.html
Tesla Will Recall Cybertruck in Latest Setback
Quick Glance: Tesla Cybertrucks Recall Issued
  • Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.

  • The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.

  • An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.

  • Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
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On this episode of the Elon, Inc. podcast,we discuss Tesla's biggest layoffs to date and why Elon Musk's rationale may be more than just about cost reduction ... Show more   omny.fm/shows/elon-inc/the-most-important-earnings-of-elons-life
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Tesla recently recalled almost 4,000 Cybertrucks, just months after the automaker began delivering the EVs.
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Is Elon Musk's robotaxi dream plunging Tesla into chaos and jeopardizing its vision of a cheap EV? @EdLudlow reports www.bloomberg.com/news/features/2024-04-21/tesla-tsla-cybertruck-recall-is-latest-setback-to-stock-s-rough-2024
Quick Glance: Tesla Cybertruck Recall and Stock Decline 2024
  • Elon Musk's underlings at Tesla Inc. are accustomed to chaos, but this year has been particularly turbulent. The stock price has plummeted, there has been confusion around product decisions and price cuts. Tesla's position in the Chinese EV market is under threat, and a meeting with India's Prime Minister for a planned investment announcement was abruptly called off.

  • Tesla is expected to report a significant drop in operating profit and its first revenue decline in four years. Musk has ordered massive layoffs and is staking the company's future on a self-driving vehicle concept called the robotaxi. Many employees are unsettled by the changes the CEO wants to implement.

  • Musk has been discussing the concept of an autonomous taxi service for at least eight years, but Tesla has not yet built the infrastructure required for it. The focus is now on the robotaxi instead of a cheaper mass-market vehicle that many investors deem crucial. Key managers have left the company, and analysts are concerned about Tesla's strategy.

  • Musk has announced that more than 10% of the workforce will be laid off. Transitioning to the robotaxi service is risky, as regulation at the state and local level can be challenging. Nevertheless, Musk is betting on Tesla making robotaxis a reality by promoting FSD and cutting prices. Some of the Tesla layoffs were poorly organized and perceived as humiliating.
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Elon Musk Is Once Again Richer Than Mark Zuckerberg as Meta Shares Plunge: Mark Zuckerberg’s fortune plunged $20 billion as shares of Meta Platforms Inc. tumbled ...
bloomberg.com/news/articles/2024-04-25/musk-is-once-again-richer-than-zuckerberg-as-fortunes-reverse
Elon Musk Is Once Again Richer Than Mark Zuckerberg as Meta Shares Plunge
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
  • Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.

  • Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.

  • Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.

  • Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
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Hertz (HTZ) Posts Loss as It Reduces Tesla EV Fleet: Hertz Global Holdings Inc. reported a loss that was nearly three times worse than analysts expected as it ...
bloomberg.com/news/articles/2024-04-25/hertz-reports-392-million-loss-as-it-unwinds-tesla-fleet-burden
Hertz (HTZ) Posts Loss as It Reduces Tesla EV Fleet
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Tesla launches new souped-up Model 3 as it battles slumping sales: Tesla announced a new version of its Model 3 Performance sedan ahead of its quarterly earnings ...
businessinsider.com/tesla-launches-new-model-3-as-it-battles-slumping-sales-2024-4
Tesla launches new souped-up Model 3 as it battles slumping sales
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Tesla's in trouble. Is Elon Musk the problem?: Cybertruck: stalling. The stock: falling. The CEO: appalling. Why his gamble may cost him more than a $50 billion ...
mashable.com/article/tesla-without-elon-musk
Tesla's in trouble. Is Elon Musk the problem?
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Elon Musk hawks Optimus robot in an attempt to resuscitate Tesla: "As I've said before, I think Optimus will be more valuable than everything else combined ...
businessinsider.com/elon-musk-hawks-optimus-robot-in-attempt-to-resuscitate-tesla-2024-4
Elon Musk hawks Optimus robot in an attempt to resuscitate Tesla
Quick Glance: Tesla aims to potentially launch its humanoid robot Optimus next year, Elon Musk suggests
  • Elon Musk hinted at the possibility of Tesla introducing its humanoid robot Optimus to the market next year. The company plans to deploy the robot in its own factory by the year's end.

  • Not long ago, Tesla revealed “Optimus Gen 2”, a new iteration of its humanoid robot designed to assume repetitive human tasks.

  • Tesla's confidence in achieving this stems from its utilization of AI technologies in the self-driving vehicle sector and its proficiency in battery and electric motor innovations. The notion that its vehicles are essentially robots on wheels was posited.

  • Envisioning a future where households incorporate a Tesla Optimus robot that assumes various manufacturing and service roles, the CEO's perspective is clear.
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Time for Elon Musk's Tesla rescue plan — if he has one: Tesla is expected to report a sharp drop in profit on Tuesday, putting more pressure on Elon Musk to find ...
businessinsider.com/elon-musk-tesla-rescue-plan-price-cuts-electric-cars-earnings-2024-4
Time for Elon Musk's Tesla rescue plan — if he has one
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Tesla’s profits are being sunk by a tide of electric cars: First-quarter profits for Elon Musk’s company have more than halved, with the EV market awash with ...
smh.com.au/business/companies/tesla-s-profits-are-being-sunk-by-a-tide-of-electric-cars-20240424-p5fm6k.html
Tesla’s profits are being sunk by a tide of electric cars
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Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Tesla needs to fire Elon Musk as CEO if it wants to save itself
Quick Glance: Elon Musk must be removed as CEO to save Tesla
  • Tesla is struggling with declining sales, layoffs, and issues in China.

  • Elon Musk is blamed for the company's state and his departure could save Tesla.

  • Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
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Tesla cuts FSD price, ditches Enhanced Autopilot: Teslas are getting cheaper in many ways.
mashable.com/article/tesla-cuts-fsd-price
Tesla cuts FSD price, ditches Enhanced Autopilot
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How Tesla's Full Robotics Push Could Change Your Company Too: Elon Musk just dropped hints about Tesla's robotaxi and humanoid robot efforts. If all goes well ...
inc.com/kit-eaton/how-teslas-full-robotics-push-could-change-your-company-too.html
How Tesla's Full Robotics Push Could Change Your Company Too
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
  • Tesla lowers prices in Germany to increase inventory and sales.

  • Elon Musk addresses price complaints and emphasizes the need for flexible pricing.

  • Buyers of Tesla vehicles during expensive phases may face depreciation.

  • Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
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What's next up for Tesla? More affordable EVs. 🚗🔋🔌
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Elon Musk finally the 'adult in the room,' Tesla headed for growth: Wedbush: "Elon Musk finally stepped up as the adult in the room and laid the foundation for ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-q1-earnings-outlook-model-2-2024-4
Elon Musk finally the 'adult in the room,' Tesla headed for growth: ...
Quick Glance: Elon Musk Leads Tesla to Growth: Wedbush
  • Elon Musk is referred to as the 'adult in the room' and lays the foundation for Tesla's growth strategy, according to Wedbush analysts.

  • Tesla stock could be headed for better days, as Elon Musk finally steps up as the 'adult in the room' to calm investors amidst various headwinds, noted Wedbush Securities analyst Dan Ives.

  • The company particularly reiterated its guidance on the Model 2, a lower-cost electric vehicle set to roll out next year, eagerly awaited by Wall Street to boost sales. This cheaper model will be crucial for Tesla's success, focusing on sales volume in the near term, as highlighted by Ives.

  • Despite short-term headwinds, Tesla is on a good trajectory in the long run, as mentioned by Wedbush. Ives added that the company has a 'golden vision' regarding its full self-driving technology, pivotal for Tesla's strategy over the next decade.
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What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.: The company is facing its greatest set of challenges since a series of unforced errors ...
washingtonpost.com/technology/2024/04/23/elon-musk-tesla-earnings-outlook/
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.
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Tesla's Cybertruck needs a hole drilled through the accelerator pedal: A user posted a 35-second video on X of him fixing the gas pedal issue that caused a ...
businessinsider.com/tesla-cybertruck-accelerator-pedal-recall-fix-includes-drilling-hole-2024-04
Tesla's Cybertruck needs a hole drilled through the accelerator pedal
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Tesla's fix for the Cybertruck's slipping pedal takes just 35 seconds to install
thestreet.com/electric-vehicles/teslas-fix-for-the-cybertrucks-slipping-pedal-takes-just-35-seconds-to-install-
Tesla's fix for the Cybertruck's slipping pedal takes just 35 seconds to ...
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Tesla Cuts Prices by $2,000 as Sales Slow, Inventories Swell: Tesla Inc. cut prices of its best-selling Model Y, as well as the Model S and X, by $2 ...
bloomberg.com/news/articles/2024-04-20/tesla-cuts-prices-by-2-000-as-sales-slow-inventories-swell
Tesla Cuts Prices by $2,000 as Sales Slow, Inventories Swell
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Tesla driver in Seattle-area crash that killed motorcyclist told police he was using Autopilot
nbcnews.com/tech/tech-news/tesla-driver-seattle-area-crash-killed-motorcyclist-told-police-was-us-rcna149401
Tesla driver in Seattle-area crash that killed motorcyclist told police he ...
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How soon can Tesla get its more affordable car to the market?: Shares jump after carmaker says it is looking to accelerate production of lower-price EVs
theguardian.com/technology/2024/apr/24/how-soon-can-tesla-get-its-more-affordable-car-to-the-market
How soon can Tesla get its more affordable car to the market?
Quick Glance: Tesla's Rapid Launch of Affordable Cars
  • Tesla's plans for more affordable electric vehicles are moving closer.

  • To accelerate production, Tesla is deviating from the Model 2 plan and opting for current manufacturing lines.

  • The exact costs of the new models are still unclear, but the company anticipates achieving less cost reduction than previously expected.

  • Production of the new vehicles could start as early as early 2025, if not late this year.
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Tesla to lay off nearly 2,700 employees in Texas factory, notice shows: Tesla will lay off 2,688 employees at its Texas factory, the electric vehicle maker said ...
reuters.com/business/autos-transportation/tesla-lay-off-nearly-2700-employees-texas-factory-notice-shows-2024-04-23/
Tesla to lay off nearly 2,700 employees in Texas factory, notice shows
Quick Glance: Tesla to Lay Off Nearly 2,700 Employees in Texas Factory
  • Tesla will lay off 2,688 employees at its Texas factory, as indicated in a notification.

  • The layoff was done under the WARN Act, a U.S. labor law requiring companies with 100+ employees to notify ahead of planned closings or mass layoffs.

  • Tesla announced that the layoffs will begin on June 14, amidst falling sales and an escalating price war.

  • The global job cuts include 285 employees in Buffalo, New York, as part of another round of layoffs cutting over 10% of jobs.
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Tesla’s $939 Billion Valuation Lead Over Toyota Is Almost Gone: Two and a half years ago, Tesla Inc. was worth almost $1 trillion more than Toyota Motor Corp. ...
bloomberg.com/news/articles/2024-04-23/tesla-s-939-billion-valuation-lead-over-toyota-is-almost-gone
Tesla’s $939 Billion Valuation Lead Over Toyota Is Almost Gone
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Ford was the first automaker to announce its adoption of Tesla’s NACS standard, now it’s the first to bring Supercharger access to its drivers 🚘 Tap the 🔗 in ... Show more   #ford   #ev   #electricvehicles   #tesla   #cartech   #cars   #auto
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Anaheim police unveil new Tesla patrol cars: The electric vehicles are expected to have lower operating costs and be easier to come by than the traditional model ...
ocregister.com/2024/04/16/anaheim-police-unveil-new-tesla-patrol-cars/
Anaheim police unveil new Tesla patrol cars
Quick Glance: Anaheim Police Introduce New Tesla Patrol Vehicles
  • Anaheim police will soon start using electric Tesla Model Ys as patrol vehicles in a pilot program to keep more officers on the road.

  • The Police Department has 83 patrol vehicles that are aging and breaking down more often. The need is critical as the patrol fleet is depleted, leading to insufficient vehicles for proper officer deployment.

  • The six purchased Model Ys will be put in service after 16 officers are trained to use them. The electric vehicles will be charged at police stations with level-two chargers and refueled with Tesla Superchargers during 24-hour shifts.

  • The Teslas are expected to be cheaper to operate but have a higher initial cost. The department plans to evaluate the performance of electric vehicles during the pilot program to determine potential future purchases.
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Weak business figures: Tesla's quarterly profit falls by 55 percent: The US electric car manufacturer Tesla is struggling with falling sales figures ...
n-tv.de/wirtschaft/Teslas-Quartalsgewinn-faellt-um-55-Prozent-article24896184.html
Weak business figures: Tesla's quarterly profit falls by 55 percent
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Elon Musk apologizes to laid off Tesla employees for a major mistake
sacbee.com/news/business/article287862635.html
Elon Musk apologizes to laid off Tesla employees for a major mistake
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Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? : The carmaker's profits fell 55% in the first quarter of 2024. Elon Musk faces major challenges ...
time.com/6970399/tesla-stock-earnings-call-elon-musk/
Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? 
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Tesla (TSLA): Can Musk’s Robotaxi Dream Help EV Maker Fix Its Troubles?: Tesla Inc. became one of the most valuable companies in the world by proving it was ...
bloomberg.com/news/articles/2024-04-24/tesla-tsla-can-musk-s-robotaxi-dream-help-ev-maker-fix-its-troubles
Tesla (TSLA): Can Musk’s Robotaxi Dream Help EV Maker Fix Its Troubles?
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Tesla slashes prices amid slumping sales: Tesla dropped the prices of its vehicles globally on Friday as the largest electric vehicle manufacturer faces ...
thehill.com/business/4610375-tesla-slashes-prices-amid-slumping-sales/
Tesla slashes prices amid slumping sales
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Tesla cuts prices after massive Cybertruck recall: The Model Y is currently sitting at the cheapest price it's ever been.
mashable.com/article/tesla-drop-prices-for-several-cars-excluding-cybertruck
Tesla cuts prices after massive Cybertruck recall
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Boston Dynamics introduced a fully electric robot — with a dig at Tesla: Boston Dynamics is partnering with Hyundai to test its fully electric robot, Atlas ...
qz.com/boston-dynamics-reveals-fully-electric-robot-atlas-1851416340
Boston Dynamics introduced a fully electric robot — with a dig at Tesla
Quick Glance: Boston Dynamics unveils eerie new fully electric humanoid robot
  • Boston Dynamics has revealed a new humanoid robot named Atlas capable of complex movements.

  • This model is the company's first fully electric model and boasts a wider range of motions than its predecessors.

  • Atlas features advanced AI tools like machine learning and computer vision to learn from its own actions.

  • The robot is being tested by Hyundai and is expected to be deployed in various applications in the coming years.
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Tesla recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that can dislodge and cause the vehicle to unintentionally accelerate ... Show more   www.bloomberg.com/news/articles/2024-04-19/tesla-recalls-almost-3-900-cybertrucks-to-repair-faulty-pedals
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Musk promised cheaper Teslas: What if no one wants one?: Tesla investors are celebrating news of cheaper vehicles on the horizon. That assumes lots of people ...
businessinsider.com/will-cheaper-tesla-lure-buyers-ev-demand-2024-4
Musk promised cheaper Teslas: What if no one wants one?
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Elon Musk and Tesla: Is the CEO’s controversial behavior responsible for company’s struggles?
mercurynews.com/2024/04/22/elon-musk-and-tesla-is-the-ceos-controversial-behavior-responsible-for-companys-struggles/
Elon Musk and Tesla: Is the CEO’s controversial behavior responsible for ...
Quick Glance: Elon Musk and Tesla: Influence of CEO's divisive behavior on company's challenges
  • The wealthiest individual globally freely voices his opinions, often sparking debate.

  • Elon Musk, Tesla's CEO, has attacked U.S. election integrity, embraced White-supremacist propaganda, and accused President Joe Biden of treason.

  • Experts suggest that Musk's conduct may deter potential customers, but larger issues impact his company. With growing competition in the electric vehicle market, his polarizing personality could lead to more significant long-term damage.

  • While Musk may be damaging Tesla’s image with some consumers, the primary focus remains on the product and its dependability. Many consumers do not base their purchasing decisions on the political views of the company's leader.
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Tesla’s earnings plunge, but the company promises cheaper car model: Tesla reported its first quarter adjusted earnings plunged 48%, falling short of lowered ...
cnn.com/2024/04/23/business/tesla-report-earnings-result/
Tesla’s earnings plunge, but the company promises cheaper car model
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Man who drove Tesla and family off cliff was 'psychotic,' doctors say: Dharmesh Patel, a Pasadena radiologist, was charged with three counts of attempted murder ...
latimes.com/california/story/2024-04-25/man-who-drove-tesla-off-cliff-with-family-in-car-was-psychotic-doctors-say
Man who drove Tesla and family off cliff was 'psychotic,' doctors say
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Tesla recalls Cybertrucks due to faulty accelerator pedal that can get stuck: The NHTSA said the trapped accelerator pedal can cause the vehicle to accelerate ...
usatoday.com/story/money/cars/recalls/2024/04/19/tesla-cybertruck-recall-accelerator-pedal/73383894007/
Tesla recalls Cybertrucks due to faulty accelerator pedal that can get ...
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Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Tesla slashes car and self-driving software prices after chaotic week
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Tesla profits down 55 per cent amid job losses, delivery issues and Cybertruck recall
independent.co.uk/tech/tesla-profits-down-job-losses-b2533577.html
Tesla profits down 55 per cent amid job losses, delivery issues and ...
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India 'confident' new EV policy measures will allow more foreign players to enter market
cnbc.com/2024/04/26/india-says-new-ev-policy-will-open-up-market-to-global-players-.html
India 'confident' new EV policy measures will allow more foreign players ...
Quick Glance: Tesla's Impact on India's EV Market
  • MG Motor India's CEO Emeritus Rajeev Chaba stated that Tesla's entry into India's EV market will level the playing field for all E-automakers.

  • According to Bain & Company, EVs constitute around 5% of India's automobile sector.

  • India's government aims to achieve 30% EV sales by 2030, a goal viewed as ambitious.
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Elon Musk's SpaceX seems to have a workplace injury problem: A new report found that employees are getting injured at higher rates than at other space companies
qz.com/elon-musk-space-x-injuries-earnings-layoffs-1851429089
Elon Musk's SpaceX seems to have a workplace injury problem
Quick Glance: Injury Rates at SpaceX Exceed Industry Average
  • Injury rates at SpaceX facilities surpassed industry average in 2023.

  • Injuries at SpaceX locations worsened compared to 2022.

  • Experts raise concerns about the quality of work at SpaceX.

  • SpaceX and Musk have not publicly addressed safety record in detail.
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Tesla Announces Steep Employee Cuts Amid Revenue Drop: Elon Musk's electric vehicle company is laying off more than 6,000 employees after reporting a 9% drop in ...
huffpost.com/entry/tesla-layoffs-california-texas_n_66282c39e4b096c7bac6847b
Tesla Announces Steep Employee Cuts Amid Revenue Drop
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Boston Dynamics has announced their new and improved Atlas robot, the next step in commercializing their humanoid robot development ... Show more
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Is Elon Musk's robotaxi dream plunging Tesla into chaos and jeopardizing its vision of a cheap EV? For more: www.bloomberg.com/news/features/2024-04-21/tesla-tsla-cybertruck-recall-is-latest-setback-to-stock-s-rough-2024
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"Hey at least the trunk still works." 😂
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Cheaper Teslas are arriving sooner than planned: Tesla said cheaper models are coming sooner than it had planned. The move comes as it reported a steep Q1 ...
businessinsider.com/cheaper-teslas-arriving-sooner-than-planned-2024-4
Cheaper Teslas are arriving sooner than planned