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 … Read more
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. The Hype Behind Tesla Stock Success In 2023 1st Gear: Tesla Profits Drop 55 Percent Tesla doesn’t seem … Read more
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 … Read more
Tesla’s first-quarter earnings call for 2024 is tonight, and it’s shaping up to be a rough one. The stock is nosediving, and investors desperately want Elon Musk to right the ship — and, in doing so, reinspire their confidence in the company’s continued ability to generate returns. Why Tesla stock might not be a buy … Read more
Photo: Tesla Tesla launched the newest iteration of its Model 3 Performance Tuesday, just in time for what promises to be a tense Q1 earning call. First, the car; the automaker claims it’s the most powerful electric sedan it has ever produced, boasting an advertised 163 mph top speed and a 2.9 second 0-to-60 mph … Read more
Good morning! It’s Monday, April 22, 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. The Hype Behind Tesla Stock Success In 2023 1st Gear: Chaos At Tesla 2024 has not been kind … Read more
Tesla owners are understandably peeved about the newest update (version 12.3.4) to the so-called Full Self Driving suite of driver assist features. It would seem that Tesla’s camera-only driving system is having a hard time figuring out curbs. As InsideEVs pointed out, some owners are taking to social media to voice their displeasure that their … Read more
A TikToker got locked inside of her Tesla Model 3 for 40 minutes in the hot sun while it was installing a software update, and as of this writing her video has over 10.7 million plays after a single day of being online. Before you go jumping to conclusions about her ineptitude, Brianna Janel was … Read more
Good morning! It’s Tuesday, April 9, 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. Tesla’s Cybertruck Has Finally Arrived 1st Gear: Tesla Settle Autopilot Suit On Eve Of Trial Tesla reached a … Read more
Are you surprised other automakers haven’t come calling? Photo: Jasper Juinen/Bloomberg (Getty Images) Over the past year, Tesla showed off its Full Self-Driving advanced driver assistance tech in an underwhelming demo video shared by big boss Elon Musk. The tech has also been associated with all manner of high-profile crashes and driving misdemeanors in recent … Read more
