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Markets

Tesla stock rises as Trump-Musk feud cools and robotaxi launch nears

The tech billionaire and Tesla CEO said he regrets some of his critical social media posts about US President Donald Trump.

Tech News

The 100 ways Elon Musk allegedly benefited from Trump's White House

A new report accuses Elon Musk and the Trump administration of taking over 100 actions to benefit Musk’s companies. Here's what the report outlined.

Tech News

Trump and Musk feud: A timeline of a friendship gone sour

From “a star” to “crazy”: how the richest and most powerful men became allies and what happens next now they’ve severed ties.

Markets

Tesla stock rises as it rebounds from Trump-Musk public feud

Tesla's stock went up about 4% on Friday afternoon after the US markets opened as investors remain divided on how the feud between the automotive company's CEO Elon Musk and US President Donald Trump will play out.

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Markets

BYD stock plunges after price cuts as EV sales surpass Tesla in Europe

Shares of BYD plunged following steep discounts across several models, stoking fears of a renewed price war in China’s EV market. However, the Chinese automaker is still expected to maintain robust growth, particularly against global rival Tesla.

Business

Tesla CEO Elon Musk says he will spend less on political campaigns

Tesla CEO Elon Musk has pledged to be less involved in politics and assured investors he would remain at the helm of the company for the next five years. His remarks triggered a brief intraday rebound in Tesla shares.

Business

Global EV sales up almost 30% in April, with the US falling behind

China and Europe were bright spots for the EV market in April, although sales dropped in North America, hit by Trump tariffs and uncertainty over green policies.

Mobility

How the US is relaxing regulations to lead the self-driving car race

The Trump administration is loosening regulations to help US carmakers like Elon Musk’s Tesla develop self-driving cars and compete with Chinese rivals.

Business

How China’s EV makers are navigating new paths to global expansion

Chinese EVs are particularly popular in European markets due to their affordability, sleek designs and sophisticated features.

Mobility

Tesla's brand is damaged in Europe. These EV makers are cashing in

Many have pointed to Elon Musk's embrace of far-right politics as a reason for Tesla's downturn. It's become an opportunity for these rival automakers.

No Comment

Extinction Rebellion stages Earth Day protest outside Tesla showroom

Climate activists held a demonstration outside a Tesla dealership in Manhattan on Earth Day, criticising Elon Musk and his involvement in the recently formed Department of Government Efficiency in the US.

Business

Musk vows to step back from DOGE job and put more time into Tesla

Elon Musk says he’ll be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profits.

Business

Tesla earnings decline as anti-Elon Musk sentiment hampers sales

Tesla’s first-quarter automotive revenue dropped 20% year-on-year due to reduced deliveries affected by anti-Musk sentiment, factory retooling, and seasonal factors. The company also faces supply chain and cost challenges linked to the US–China trade war.

Business

Big tech kicks off earnings as Trump drama and market jitters continue

As big tech companies kick off quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty.

Culture news

‘Blade Runner 2049’ vs Elon Musk case set to go ahead

Alcon Entertainment’s trademarks has accused Tesla of feeding images from the 2017 movie ‘Blade Runner 2049’ into an artificial intelligence image generator to create unlicenced promotional materials.

USA

Musk calls Trump adviser 'moron' in quarrel over Tesla

The South African-born billionaire's latest spat further fuelled rumours of his growing rift with Trump. Influential allies have also criticised the US president's tariffs.

Business

Euroviews. Tesla’s fall in Europe will only hand the keys to Beijing

With the US, the UK and much of Europe ramping up incentives for domestic production, no wonder China is scrambling to maintain its competitive edge, Saman Rizwan writes.

Business

Tesla’s turn as 'political stock': Is Musk tanking his own company?

Tesla faces record sell-offs as buyers and investors flee Elon Musk’s embrace of Trump and his politics.

Business

Tesla sales drop 13% in first quarter as Musk backlash hurts demand

Tesla sales declined 13% in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.

Business

Tesla to report Q1 car delivery figures as investors watch growth

Tesla’s stock plummeted 36% in the first quarter amid backlash over CEO Elon Musk’s political interventions, intensifying global competition, and a weakening EV market. Analysts expect Tesla’s car deliveries to fall to a one-year low when it reports its latest figures later today.