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Tesla Stock Slips. Here Are Its Earnings
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The federal tax credit that boosted electric vehicle sales for the last three years is gone, leaving EV makers to find new ways to entice car buyers.
Tesla is expected to post a surge in third-quarter results later on Wednesday, thanks to U.S. buyers rushing to take advantage of an expiring $7,500 federal electric vehicle tax credit. But investors and analysts may be more focused on Chief Executive Elon Musk's outlook,
Yes, Tesla faces demand challenges in its electric-vehicle business. But the company is "less an EV story" now, according to Mizuho analyst Vijay Rakesh. There's "more a focus on robotaxis, humanoid robots and autonomous \[Full Self-Driving\] driving upside and multiples,
Charging speeds are identical at up to 225 kW, and Tesla claims up to 170 miles of range can be added in 15 minutes. It weighs 3,759 pounds and has 24 cubic feet of cargo space. This trim offers the same three paint choices as the more expensive options.
Tesla posts strong EV sales as consumers rushed to cash in on a tax credit that expired Sept. 30. Musk becomes first ever person worth $500 billion.
The new 2026 Subaru Solterra has a built-in NACS port, allowing you to charge up at one of over 25,000 Tesla Superchargers. Current Solterra owners will also gain access soon, but it won’t be free. Following a similar announcement from Toyota, Subaru said it’s unlocking access to Tesla’s Supercharger network for Solterra EV owners.
There's one stock, in particular, that stands out when it comes to EVs, and it isn't the one you might be thinking of. I'd go so far as to call General Motors ( GM +1.04%) the biggest no-brainer stock to buy in the entire automotive industry.
Tesla delivered 497,099 EVs in the period, a significant increase from the 462,890 cars it delivered in the year-ago period and well ahead of analyst expectations for fewer than 440,000.
Tesla confirmed production of the Tesla Semi, its electric semi truck, has been delayed into 2026 despite recently claiming the contrary.
The new sites, with four Superchargers each, are at Resorts World Sentosa and Changi City Point Read more at The Business Times.
Some 2026 Tesla Model Y and 2025 Tesla Model 3 cars could lose propulsion while driving because of a faulty battery contactor.