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US: S&P 500, Nasdaq hit new records despite big Tesla drop
The S&P 500 and Nasdaq edged up to fresh records on Thursday while the Dow retreated following a mixed round of corporate earnings that…
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Tesla
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Trump says he wants Musk to ‘thrive’ as Tesla stock plunges
President Donald Trump took to social media Thursday morning to support Elon Musk’s car company, a startling development given their…
Business
Is the electric Chevy Equinox the next Tesla Model Y?
General Motors, the largest automaker in the U.S., announced its second-quarter financial results on July 22. The report was, overall, a…
Business
Tesla stock price falls again: 3 factors weighing Elon Musk’s EV maker down
Investors in Tesla can’t seem to catch a break. Yesterday, Elon Musk’s electric vehicle company reported its Q2 2025 results—and they…
Business
Tesla braces for rough quarters ahead as US ends EV incentives
Elon Musk warned of difficult times ahead for Tesla after one of the automaker’s worst quarters in over a decade. Tesla will be a…
Business
Tesla reports steepest decline in quarterly revenue in over a decade
Tesla says it has started production of a more affordable model and expects volume production in the second half of the year. The company…
Business
LCID stock price surges as new deal sets up Lucid Motors to take on Waymo and Tesla
Investors are betting on a bright future for Lucid after the Silicon Valley-based electric vehicle maker announced a $300 million deal to…
Business
Tesla readies a six-seat version of the Model Y for China
Tesla is preparing to launch a longer, six-seat version of its Model Y sport utility vehicle in China, where the carmaker has been losing…
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Musk says he does not support merger between Tesla and xAI
Elon Musk said on Monday (Jul 14) he does not support a merger between his electric vehicle maker Tesla and his artificial intelligence…
Business
BYD aims to triple Saudi footprint after Tesla enters market
Chinese automaker BYD plans to ramp up its expansion efforts in Saudi Arabia, building on momentum from Tesla’s launch in the country and…
Business
Musk's Tesla marks formal India entry with Mumbai launch event
Tesla will open its first India showroom in Mumbai next week, having imported US$1 million worth of cars and merchandise, marking its…
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Tesla plans robotaxi expansion to California and Arizona
Tesla is aiming to bring its driverless taxis to California and Arizona as the carmaker plots an expansion on the heels of last month’s…
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Tesla sets annual meeting for November amid shareholder pressure
Tesla has scheduled an annual shareholders meeting for November, one day after the electric vehicle company came under pressure from major…
Business
Tesla shares slip after Musk says he will create a new political party
Tesla shares fell close to 7% Monday after Elon Musk announced plans to form his own political party, sparking concerns he will become…
Business
Tesla short sellers set to pocket about US$1.4 billion in profits after stock slump
Tesla’s shares fell 7.5% at US$291.50, having lost more than 21% so far this year Traders are set to make about US$1.4 billion in paper…
Business
US: Wall St opens lower on tariff jitters; Tesla down on Musk's political plans
Wall Street’s main indexes opened lower on Monday (Jul 7) as tariff tensions kept investors on edge, while Tesla shares slid after CEO…
Business
Tesla stock price predictably falls again as Elon Musk announces return to politics and new ‘America Party’
Last week, President Donald Trump signed his One Big Beautiful Bill Act into law. The legislation is unpopular with Americans across the…
Business
Tesla has a problem – and it’s not just the Elon Musk backlash
Tesla is in a sales slump, with deliveries of its electric vehicles on track to decline for the second full year in a row. The polarising…
Business
Is Tesla screwed?
Elon Musk’s anger over the One Big Beautiful Bill Act was evident this week as the world’s richest man took to X, the social media…
Business
Tesla reports lower car sales, extending slump
Tesla reported another hefty drop in auto sales on Wednesday, extending a difficult period amid intensifying electric vehicle competition…
Business
Tesla sales continue to slide amid competition and backlash against Elon Musk
As Elon Musk scrambles to restore Tesla’s reputation and deliver on promises of autonomous driving technology, vehicle sales for the…
Business
Tesla deliveries fall 13%, biggest quarterly decline in company history, as Musk and Trump continue public feud
From Elon Musk’s controversial Washington crusade to the Cybertruck’s flop, it’s been a bad year for Tesla. Now, the EV company is…
Business
US: Wall Street opens slightly lower after weak jobs data; Tesla rises
STOCKS opened lower on Wednesday (Jul 2) as surprisingly weak US private jobs data raised concerns about the labour market, while Tesla…
Business
Elon Musk says first Tesla drove itself from factory to customer
Tesla chief executive Elon Musk said a Tesla Model Y SUV drove itself from the company’s factory near Austin to a customer’s home in the…