Tag TSLA

Elon Musk's social media company X is bringing back popular video-sharing platform Vine in "AI form", the billionaire tech-entrepreneur said on Thursday, almost nine years after the app was discontinued. Musk made the announcement in a post on X, formerly Twitter, but did not provide further details. X did not immediately respond to a Reuters request seeking more information on the reboot...

Tesla shares sank Thursday after CEO Elon Musk said the company could face a “few rough quarters” as it transitions to a future focused less on selling cars and more on offering people rides in self-driving cars. Tesla faces the loss of the $7,500 EV tax credit and stands to make much less money from selling regulatory credits to other automakers after recent changes to federal tax law. Musk spent the call talking less about car sales and more about robotaxis, automated driving software and robotics, which he says is the future of the company...

Investing.com -- U.S. President Donald Trump stated on Thursday that he does not plan to harm Elon Musk’s businesses by removing government subsidies, contrary to recent speculations...

(Bloomberg) -- Donald Trump denied he was seeking to ruin the business empire of his onetime ally Elon Musk as retribution for their dispute over the US president’s signature tax law. Most Read from BloombergTrump Awards $1.26 Billion Contract to Build Biggest Immigrant Detention Center in USWhy the Federal Reserve’s Building Renovation Costs $2.5 BillionThe High Costs of Trump’s ‘Big Beautiful’ New Car Loan DeductionSalt Lake City Turns Winter Olympic Bid Into Statewide Bond Boom“Everyone is st...

Tesla (TSLA) missed on second quarter earnings. The company also revealed its cheaper electric vehicle (EV) model will enter volume production in late 2025, but investor patience is wearing thin. Yahoo Finance Senior Reporters Allie Canal, Pras Subramanian, and Josh Schafer break down why slowing core auto sales and vague timelines on robotaxis and artificial intelligence (AI) are dragging on the stock. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here...

Tesla's slump deepens as autonomy momentum fades. Explore the impact of tariffs, earnings slowdown, and what it means for TSLA's $300-range volatility...

"I want Elon, and all businesses within our Country, to THRIVE." The statement follows Musk's warning to Tesla investors on Wednesday that U.S. government cuts in support for electric vehicle makers could lead to a "few rough quarters" for the company. Musk spent more than a quarter of a billion dollars to help Trump win November's presidential election and led the Department of Government Efficiency's chaotic effort to slash the budget and cut the federal workforce...