Tesla Profit Plunges in Latest Quarter
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The Austin-based EV company is still working on taking safety drivers out of the passenger seats and expanding into new cities.
Musk said that half the US population could have access to a Tesla robotaxi by the end of 2025. That’s a huge leap from the company’s current limited rollout.
Tesla Inc.’s core car-making business is facing a deteriorating outlook, providing a major test of Chief Executive Officer Elon Musk’s ability to lift the stock price with his vision of a self-driving future.
1don MSN
Photos show the Tesla Diner's grand opening in Hollywood, which Elon Musk has been teasing for years
Elon Musk's Tesla Diner, a classic diner and EV charging station all in one, opened Monday in West Hollywood, California.
Elon Musk fought court cases on opposite coasts Monday, raising a question about the billionaire that could either speed his plan to put self-driving Teslas on U.S. roads or throw up a major roadblock: Can this wildly successful man who tends to exaggerate really be trusted?
Some people waited up to two hours in the baking hot sun only to be greeted with sub-par food and “chaotic” service.
In, which opened in Hollywood at 4:20 p.m., is filled with Tesla technology — including its humanoid robot, Optimus — and charging stations.
The company reported the steepest decline in quarterly revenue in more than a decade, with a 12% fall, as it battles strong competition from cheaper electric vehicles and a backlash against CEO Elon Musk’s political views.