The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
Tesla confirmed the technologies pioneered with the Cybertruck, including steer-by-wire and the 48-volt architecture, will be used in future EV models
EV owners of GM vehicles like the Chevrolet Silverado EV and Cadillac Lyriq will now officially have access to Tesla’s Superchargers.
Tesla Inc. shares have nearly doubled in value since the last time the company reported earnings— a set-up that usually spells high expectations for upcoming results. But its car-selling business has become a sideshow to Elon Musk’s political prominence.
According to Tesla's quarterly report, the company made $2.3 billion in net income in Q4 2024. Net income is the amount the company actually made after subtracting its expenses from its revenue total. That's a whopping 70 percent decrease in net income compared to Q4 2023.
[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.
Tesla (TSLA-0.72%) has been one of the best-performing stocks on the market over the last five years but also remains a battleground among investors. CEO Elon Musk has long been a lightning rod for controversy,
Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday.
The electric-vehicle maker reports fourth-quarter earnings after the bell Wednesday. Here’s what investors will be watching: Tesla is expected to earn $0.66 a share, or $0.77 on a non-GAAP basis. Net income is expected to be $2.
The electric luxury SUV gears up for the long haul with up to 450 miles EPA-estimated range and super-fast charging à gogo.
While the automotive industry can sometimes be as competitive as it can get, the race to build some of the biggest electric vehicles started quite a while ago. This makes sense with the large demand for larger cars in general,