Shares of Tesla Inc. (NASDAQ: TSLA) rose fractionally on Wednesday, after retreating in the past few days on news of declining sales in China.
Tesla investors are looking for signs that any brand damage from Elon Musk's politics is fading. Evidence hasn't arrived yet.
Tesla's attempt to trademark the term “Robotaxi” in reference to its vehicles has been refused by the U.S. Patent and Trademark Office for being too generic, according to a new filing. Another application by Tesla to trademark the term “Robotaxi” for its upcoming ride-hailing service is still under examination by the office.
Tesla's attempt to trademark the term “Robotaxi” in reference to its vehicles has been refused by the U.S. Patent and Trademark Office for being too generic, according to a new filing. Another application by Tesla to trademark the term “Robotaxi” for its upcoming ride-hailing service is still under examination by the office.
Tesla (TSLA) shipped fewer vehicles made in China in April than it did a year ago, following a string of disappointing news for the electric vehicle maker's sales.
Both Ford and Tesla are navigating economic uncertainty and tariff-related challenges. Read on to know which automaker holds an edge now.
Sales of Tesla Inc (NASDAQ:TSLA) electric vehicles made in China fell last month, while rivals saw big increases in sales, mirroring trends seen around the world after CEO Elon Musk increased his work for the US Trump administration. The US automaker's sales of locally built EVs fell 6% year-on-year in April, extending a losing streak to seven months, according to the China Passenger Car Association (CPCA), covering sales in China and exports to overseas markets, including Europe.
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Piper Sandler analyst Alexander Potter took a look at Tesla's self-driving technology ahead of a planned robotaxi launch in June. What he found might concern investors.
New Tesla car sales plunged across Europe in April even as sales of other electric vehicle brands soared, in part due to backlash against CEO Elon Musk's support for Europe's far-right politics, as well as growing competition from both European and Chinese EV carmakers, according to Reuters.
I thought Elon Musk might have to leave Tesla, Inc. to avoid further hurting its brand, and some directors might have thought likewise. But instead, Musk is reducing his DOGE activities. Meanwhile, Musk's politics have hurt Tesla's brand, and at a time when competition is rising and economic activity is wobbling, as is the future of government support for EVs. But Wall Street seems to have forgiven and forgotten. Despite protests, disappointing TSLA financial results and laughably high valuations, TSLA is trouncing other Magnificent 7 stocks and the QQQ ETF.
Tesla (TSLA) shares slid Tuesday, extending Monday's decline as bad news continues to pile up about the electric vehicle giant's sales in Europe.