Tesla's (TSLA) sales in the European Union (EU) tumbled for a third consecutive month in March, even as overall new battery-electric vehicle registrations went up.
Musk's pivot back from politics to Tesla signals a prime entry point; market anxiety about leadership distracted investors, but his renewed focus strengthens Tesla's long-term AI-driven potential. Tesla's recent struggles in auto sales mask big wins in energy storage and diversification; management smartly paused guidance to manage uncertainty, preparing investors for future growth. Controversy around Musk and Tesla's robotics ambitions poses brand risks, but navigating this carefully offers Tesla a chance to dominate physical AI without sacrificing mass-market appeal.
Elon Musk said he will spend more time at Tesla (TSLA 5.50%), which was enough to get shareholders excited about the business.
Wedbush analyst and famed Tesla (NASDAQ: TSLA) bull Dan Ives unveiled his second price target revision for the electric vehicle (EV) maker's stock in less than a month as he upgraded his TSLA forecast from $315 to $350.
Tesla has two big catalysts coming later in 2025. A robo-taxi service and new lower-priced models.
STMicroelectronics forecasted lower sales this quarter as weak demand for some semiconductors used in cars and industrial equipment continues to plague an industry that now faces heightened uncertainty from President Trump's unpredictable tariff policies.
Automotive manufacturer Tesla is reportedly rolling out trials of its ridesharing service, giving employees access, as it looks to expand that service later this year. In a Wednesday (April 23) post on X, Tesla shared a video of passengers hailing and riding in one of its vehicles, as a driver sat in the front.
Tesla has started testing its autonomous ride-hail service with employees in Austin and the Bay Area ahead of the company's planned robotaxi launch this summer.
William Stein, Truist Securities semiconductor & AI equity research analyst, says there were positive signs in Tesla's earnings, despite a larger than expected miss. Stein joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology”.
Alexandra Merz, CEO of L&F Investor Services and a prominent Tesla shareholder, says she is happy with Elon Musk's work at the Department of Government Efficiency and believes the company has an edge in full self-driving. Merz, who goes by @TeslaBoomerMama on X, joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.
John Murphy, BofA Securities senior auto analyst, joins 'The Exchange' to discuss why Tesla still faces a lot of hurdles, the company's quarterly earnings results.
Shares of Tesla Inc (NASDAQ:TSLA) were last seen up 7.7% at $256.34 today, despite the company's major profit loss in the first quarter.