Even Tesla’s Earliest Stock Supporters Are Giving Up Hope

Even Tesla’s Earliest Stock Supporters Are Giving Up Hope

Good morning! It’s Wednesday, June 5, 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. Ultra Cruise is GM’s Answer to Tesla’s So-Called ‘Full Self-Driving’ 1st Gear: Tesla Loses Some Very Early Supporters … Read more

Tesla Investors Pissed At Elon Musk For Vague Model 2 Stance

Tesla Investors Pissed At Elon Musk For Vague Model 2 Stance

Elon Musk is good at two things: having a lot of kids and pissing people off. Now, the Tesla CEO is angering his investors after he sent out an extremely vague social media post following a report from Reuters that the planned $25,000 Tesla is dead. He basically accused the outlet of “lying” on his social … Read more

There Is A Black Cloud Around Tesla’s Stock

There Is A Black Cloud Around Tesla’s Stock

Tesla has had a rough twelve months. The company failed to act on its first mover advantage in the U.S., and it’s market share dropping like a stone. Chinese EV makers are coming on strong, pushing Tesla out of many European and Asian driveways. It has been fraught with massive recall after massive recall. The company’s … Read more