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Affordable Used Teslas Available for $25,000 | Giga Gears

It’s safe to say that the $25,000 Tesla “Model 2” — or whatever it was going to be called — probably isn’t happening. Musk and Tesla have other priorities given everything that’s happening with the company right now. Don’t fret though. If something like a Nissan Leaf or Chevy Bolt won’t do and you just have to have a…

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Musk: Don’t Invest in Tesla if You Doubt Autonomy Solution

Tesla had its Q1 earnings call last night, right after releasing news that its profits last quarter fell 55 percent. Not only is that loss a big drop on its own, but it’s also significantly higher than the 40-percent drop that analysts had estimated ahead of the announcement. Instead of making that the main topic of…

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Tesla Aims to Boost Profits with New Models | Giga Gears

Good morning! It’s Wednesday, April 24, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.

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Tesla’s Hard Lesson: Going Anti-Woke Leads to Going Broke

Things are not going well at Tesla right now. The stock is down more than $100 per share year-to-date, as many as 20,000 people are set to lose their jobs, the Cybertruck keeps breaking, operating profit is expected to be down 40 percent when it’s announced later today and the $25,000 electric vehicle that Tesla has…

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Tesla Revenue Drops, Shares Surge on Affordable Model News

Whether this ends up as a blip on the radar or the start of a downward trend is unclear