TSLA's steep sales decline, shrinking margins and intensifying competition cast doubt on its lofty 10X sales premium.
Tesla (TSLA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
TSLA launches the six-seat Model Y L in China to regain ground as sales slip and competition from local players rises.
[00:00:04] Doug McIntyre: After some very rough numbers in terms of unit sales at Tesla.
The first "World Humanoid Robot Games" wrapped up Sunday. Humanoid athletes competed in dance battles, martial arts, track and field events such as the 400-meter and 1500-meter races and long jump, and soccer.
Tesla posted a new video on Chinese social media showing off the Model Y L, a longer wheelbase variant of the popular vehicle. Translated from Chinese, the post said that the Model Y L is "coming soon.
Tesla stock has bobbed up and down over the past eight weeks, since the company launched its robo-taxi service on June 22.
Tesla has been forced to offer discounts of up to 40% to U.K. car leasing companies, The Times reported on Monday, citing industry sources. It comes as Elon Musk's company scrambles to reverse a declining sales trend across Europe.
Tesla, Rivian, and Lucid all profit from selling regulatory credits to rivals who haven't sold enough EVs. Now, the Trump administration is gutting the credit scheme, and it's causing the three companies a serious headache.
“My friend is working on an exit plan.”
Tesla Inc (NASDAQ:TSLA) has slashed the cost of leasing its cars in Britain, with monthly payments now barely half the level of a year ago, according to The Times. The electric carmaker is offering discounts of up to 40% to leasing companies, which are passing them on to customers.
Hangzhou-based Unitree Robotics brought the spotlight-grabbing machines at a robots competition in Beijing, boosting its reputation as a national champion for China's ambitions in developing AI and humanoids. Bloomberg's Annabelle Droulers reports.