Tesla’s Next Major Growth Phase May Be Years Away
Tesla is likely years away from fully ramping a new lower-cost model, which will take the company longer than Wall Street is assuming, Evercore analysts said.
Tesla’s Wall Street Fans Turn Squeamish as EV Turmoil Mounts
Tesla Inc.’s support among Wall Street bulls is weakening with the lowest percentage of analysts since April 2021 recommending that investors buy the stock.
Ford EVs Need Adapter to Use Tesla’s Network
DETROIT — Owners of Ford electric vehicles can now use much of Tesla’s charging network in the U.S. and Canada, but they’ll need to get an adapter that Ford will provide for free.
February 29, 2024Tesla Cybertruck Review: It’s Weird, Brash, but Not Bad
Bloomberg News reporter Hannah Elliott rents a Tesla Cybertruck for a day, and finds its nimble performance and thoughtful interior a fascinating juxtaposition to its crude design.
Investors Flee Tumbling EV Upstarts
Investors have all but thrown in the towel on shares of EV startups Rivian Automotive and Lucid Group.
Tesla Q4 Earnings Fall Short of Analyst Estimates
DETROIT — Tesla’s net income more than doubled last quarter thanks to a one-time tax benefit, but it warned of “notably lower” sales growth this year.
Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars
Hertz Global Holdings Inc. plans to sell a third of its U.S. electric vehicle fleet and reinvest in gas-powered cars due to weak demand and high repair costs for its battery-powered options.
Tesla Boosts Pay for US Factory Workers
Tesla Inc. notified workers at its California car plant of pay increases across its U.S. factories, the latest bump by a nonunion automaker the United Auto Workers is trying to organize.
Tesla Analysts Eyeing EV Slowdown Turn More Cautious on 2024
Wall Street’s outlook on Tesla Inc. is darkening rapidly, with at least two analysts turning more cautious on the electric vehicle maker in as many days.
White House Backs Effort to Standardize Tesla Charging Plugs
The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States.