The company led by Elon Musk is selling fewer electric cars, and its big bets on driverless taxis and artificial intelligence could take many years to pay off.
The former president’s comments on E.V.s have shifted since he has grown more friendly with Elon Musk, the billionaire Tesla founder.
Elon Musk’s Cybertrucks are hitting the road. They’re provoking strong aesthetic judgments — and assumptions about the people who drive them.
The social media and rocket companies are headquartered in California, which the billionaire criticized for its recent transgender legislation.
Rental car firms are offering temporary deals on electric cars, which they are selling after they lost value more quickly than expected.
A new report estimates that the company led by Elon Musk accounted for just under half of all battery-powered vehicles sold in the second quarter of the year.
The Tesla chief executive’s polarizing statements have alienated some potential customers and may be partly responsible for a recent slump in sales.
Investors voted overwhelmingly to reinstate the C.E.O.’s multibillion-dollar compensation package, inextricably tying the car maker’s future to the tech billionaire.
About 72 percent of the shares in the balloting affirmed the lucrative stock award to the chief executive in a bid to get a court to reinstate it.
The vote was seen as a referendum on his management of the electric car maker and on the limits of executive pay.