Tag TSLA

Tesla halved the FSD subscription rate late Friday, confirming online chatter. Shares rose a fraction...

The S&P Annual Survey of Assets from last year reveals a staggering $11 trillion now indexed to the S&P 500, and rightly so...

Elon Musk's Tesla said on Friday it has cut prices of its Full Self-Driving (FSD) subscriptions in the United States and Canada, as it seeks to drive adoption amid softening demand and price competition. The subscriptions will be priced at $99 per month in the U.S. and C$99 ($71.88) in Canada, the electric vehicle maker said in a post on X. Musk has long touted the FSD technology as a potential cash cow for the company, but has failed to keep his promise of a fully autonomous driving experience, amid stiff regulatory and legal scrutiny of Tesla's safety and marketing...

The subscriptions will be priced at $99 per month in the U.S. and C$99 ($71.88) in Canada, the electric vehicle maker said in a post on X. Musk has long touted the FSD technology as a potential cash cow for the company, but has failed to keep his promise of a fully autonomous driving experience, amid stiff regulatory and legal scrutiny of Tesla's safety and marketing. The software, which Tesla says does not make its vehicles autonomous and requires active driver supervision, had earlier been offered at a subscription of $199 a month...

“The future of Tesla is a bit murky now … Musk needs to give the clear road map and strategic vision for the Street, with Model 2 a key component,” Wedbush’s Dan Ives wrote...

Robotaxis are great, but what Tesla needs more is a lower-priced car to expand its addressable market...

“It was like love at first sight,” Argentina’s ambassador to the U.S. said as President Javier Milei’s online bromance with the billionaire led to their first meeting...

Billionaire Elon Musk and Argentina's libertarian president promised to work together on Friday to promote free markets as well as potential lithium projects after the two likeminded men met in Texas, home to the tycoon's Tesla electric car company. The chief spokesman to President Javier Milei said the pair visited Tesla's Austin headquarters and discussed a variety of topics, from the need to boost declining birthrates worldwide to pursuing technological development while defending "liberty." Musk, one of the world's richest men, has previously showed his admiration for Milei's full-throated embrace of private enterprise and his distain for what he sees as socialist excesses...

Argentina’s president Javier Milei and Elon Musk promised to work together on Friday to push for free markets...