Tesla knocks $2,000 off prices for 3 EVs after shares crash 39% YTD on falling sales

Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla’s most popular model and the top-selling electric … Read more

Tesla cuts U.S. prices on its Model Y, S and X vehicles after a difficult week

Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla’s most popular model and the top-selling electric vehicle … Read more

Longtime Tesla bull hits panic button on robo-taxis vs. Model 2

Wedbush analyst Dan Ives ramped up his warnings on a Tesla robo-taxi—if CEO Elon Musk makes it a priority and relegates a lower-priced electric vehicle to the back seat. The longtime Tesla bull told CNBC on Friday that such a move would be a gamble that could define the future of the electric vehicle maker … Read more

Elon Musk delays India visit as Tesla, SpaceX eye huge market

Elon Musk postponed a visit to India which would have included a meeting with Prime Minister Narendra Modi, saying he must tend to pressing issues at Tesla Inc. “Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year,” the billionaire … Read more