Elon Musk said the future of Tesla's German gigafactory is under threat from "outside organizations." His comments come ahead of crucial union elections next week at Giga Berlin.
Tesla and German union IG Metall reached agreement on Thursday to settle a dispute over a meeting of the works council at the carmaker's plant outside Berlin earlier this month, the union said in a statement.
Given TSLA's EV slump, massive capex, slow robotaxi rollout and stretched valuation, investors should temper expectations around its long-term AI ambitions.
GM, F and TSLA race to turn software, subscriptions and connected tech into steadier, higher-margin revenue streams.
Still the big name in the EV world, Tesla ( NASDAQ:TSLA | TSLA Price Prediction) shares are down roughly 10% year-to-date, trading near the $400 mark, as Reddit sentiment slid from a neutral quarterly average of 42.9 to a bearish 32.3 over the past month, with a modest recovery to 38.0 this week.
The Alphabet-backed company, fresh off a $16 billion round of new funding, is launching commercial operations in four additional cities.
Recently, Zacks.com users have been paying close attention to Tesla (TSLA). This makes it worthwhile to examine what the stock has in store.
Tesla, Inc. remains a Buy as it aggressively pivots into a vertically integrated physical AI utility, targeting the Energy-Compute-Labor loop. TSLA is reallocating assets from legacy auto lines to scale Optimus and Cybercab, aiming for a TAM beyond transportation and margin expansion via AI and energy. Key risks include a Hardware-AI Capital Intensity Trap, with $20B+ FY2026 CapEx potentially outpacing revenue, and regulatory/tariff headwinds compressing margins.
Tesla's new car registrations in Europe fell 17% year-on-year in January, marking the 13th consecutive month in which sales have shrunk across the continent. In sharp contrast, Chinese EV giant BYD has more than doubled its market share across the European Union, Britain, Switzerland, Norway and Iceland.
Tesla has filed a lawsuit against the California Department of Motor Vehicles in an attempt to overturn an agency ruling. The state DMV ruled that Tesla used deceptive marketing to overstate the automated driving capabilities of its vehicles, thereby violating state law.
Tesla is suing the California DMV to try to shed the label of "false advertiser." The California DMV previously ruled that Elon Musk's automaker falsely promoted its cars' self-driving capabilities.
Tesla stock declined at the start of the new trading week, as investors assessed intensifying competition in autonomous driving and continued weakness in electric-vehicle demand. Tesla stock was down about 2% at $408.60 in early trading.