Elon Musk Says Robotaxis Are Tesla’s Future. Experts Have Doubts.
Tesla says self-driving taxis will power its growth, but the company hasn’t said when such a service would be ready or how much it would increase profits.
45%
Tesla’s drop in profit in the second quarter.
Why Tesla Is Still Struggling
Sluggish car sales and a tough price war with rivals are weighing on Elon Musk’s electric vehicle company.
Tesla Q2 Earnings Report Reveals 45% Profit Drop Amid Weak E.V. Sales
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.
Between Attacks on Electric Cars, Trump Says They’re ‘Incredible’
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 Novel and Polarizing Cybertruck
Elon Musk’s Cybertrucks are hitting the road. They’re provoking strong aesthetic judgments — and assumptions about the people who drive them.
Elon Musk Says He Will Move X and SpaceX Headquarters to Texas
The social media and rocket companies are headquartered in California, which the billionaire criticized for its recent transgender legislation.
Electric Vehicles May Become Harder to Rent
Rental car firms are offering temporary deals on electric cars, which they are selling after they lost value more quickly than expected.
Tesla’s Share of U.S. Electric Car Market Falls Below 50%
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.
Elon Musk’s Politics May Be Pushing Some Buyers Away From Tesla
The Tesla chief executive’s polarizing statements have alienated some potential customers and may be partly responsible for a recent slump in sales.