Tesla earnings week spotlights price cuts, Elon’s ‘balls to the wall’ autonomy push
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Tesla earnings week spotlights price cuts, Elon's 'balls to the wall' autonomy push
As Tesla gears up to report what will likely be unimpressive financial results for the first quarter on Tuesday, the company is making more moves to go “balls to the wall for autonomy,” as CEO Elon Musk put it last week in a post on X. Over the weekend, Tesla dropped the price of its […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Tesla earnings week spotlights EV price cuts, 'balls to the wall' autonomy push
Tesla investors, still digesting a 43% drop in share price since the beginning of the year, are gearing up for what will likely be unimpressive financial results for the first quarter and a shift in priorities for CEO Elon Musk, who is making more moves to go “balls to the wall for autonomy.” Tesla is expected to […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Tesla cuts prices around the world as sales decline in a chaotic week
Global vehicle deliveries fall for first time in four years amid growing competition, while Cybertruck faces recallTesla slashed prices of three of its five models in the US late on Friday, then went on to cut prices around the globe – including in China and Germany – as the company faces falling sales, a Cybertruck recall and an intensifying war for electric vehicles (EVs).On Friday, the company, led by the billionaire Elon Musk, cut the prices of the Model Y, a small SUV that is Tesla’s most...