30 h. ago Tesla sales fell sharply in Q2 as Musk backlash and competition chipped away at company’s dominance

NEW YORK (AP) — Sales of Tesla electric cars fell sharply in the last three months as boycotts over Elon Musk’s political views continue to keep buyers away, a significant development given expectations that anger with the company’s billionaire CEO would have faded by now. The company reported a 13% plunge in sales on Wednesday […]

Economics

8 d. ago Europeans angry with Musk still aren’t buying his cars as Tesla sales drop for fifth month in a row

NEW YORK (AP) — Europeans still aren’t buying Teslas with figures out Wednesday showing sales plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now. Tesla sales fell 28% last month in 30 European countries even as the overall […]

Economics

9 d. ago Robotaxis de Tesla: les autorités enquêtent sur des incidents

Les autorités américaines enquêtent sur de possibles incidents survenus lors des premiers essais des robotaxis de Tesla, rapporte Bloomberg.

Economics

1 week ago Tesla shares jump most in two months on Robotaxi service launch

Elon Musk sees the long-promised driverless taxi service as a transformative new business line

Economics

1 week ago Musk bets robotaxis will give Tesla a lift after boycotts and sales plunge

NEW YORK (AP) — Elon Musk promised in 2019 that driverless Tesla “robotaxis” would be on the road “next year,” but it didn’t happen. A year later, he promised to deliver them the next year, but that didn’t happen either. Despite the empty pledges the promises kept coming. Last year in January, Musk said, “Next […]

Economics

3 w. ago Tesla hit with a pair of downgrades amid fallout from Trump feud

(Bloomberg) — Tesla Inc. was hit with a pair of downgrades on Monday, underscoring mounting concerns on Wall Street about the electric-vehicle maker’s outlook following last week’s clash between Chief Executive Elon Musk and President Donald Trump. Both Argus Research and Baird cut the stock to the equivalent of hold ratings, cementing Tesla’s reputation as […]

Other

3 w. ago Goodbye Mr. Nice Guy? Investors dump Tesla on bet Trump may lash out at Musk through his car company

Investors bought hundreds of billions of dollars of Tesla stock after Donald Trump was elected on a bet that politics were more important that profits. In three hours Thursday, they learned yet again how dangerous that gamble could be. Shares of Elon Musk’s electric vehicle maker plunged more than 14% in a stunning wipeout as […]

Economics

3 w. ago S&P/TSX composite index manages slight gain while U.S. markets close lower

TORONTO — Canada’s main stock index managed a slight gain Thursday while U.S. markets closed down on a choppy day that included headlines on trade tensions softening as well as a very public fallout between U.S. President Donald Trump and Elon Musk. Markets were mixed throughout the day as Canada reported a record trade deficit […]

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