SpaceX, Elon Musk and Go Public
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Investors knew the end of the year would be rough. EV sales have slumped since President Donald Trump removed the $7,500 federal EV purchase tax credit at the end of September. Tesla has a problem outside the U.S. as well. Through October, the company sold 180,688 cars in Europe, down 30% compared with 2024.
The Tesla, SpaceX and X boss says he wouldn’t try it again after seeing what his political foray did to Tesla's sales and image.
Tesla’s U.S. sales hit a four-year low despite cheaper models, market headwinds grow, and even Elon Musk must be breaking a sweat as demand continues to cool.
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Is Elon Musk's Pay Package Really $1 Trillion? And What Could It Mean for Tesla's Stock?
Using Tesla's current shares outstanding (3.5 billion) and the market cap target suggests a share price of about $2,400. That's nearly 6 times the current share price, which is extremely ambitious. (Note that 424 million shares multiplied by $2,400 gets you to over $1 trillion.)
Tesla operates "Robotaxis" in Austin that have an operator in the passenger seat. Musk says they'll be truly driverless weeks from now.
Boxabl, a housing company that can ship pre-built homes for less, is working with Tesla to help boost a Supercharger location.
Tesla CEO Elon Musk appeared on "The Katie Miller Podcast" on Tuesday, where he said that security issues prevent him from going out in public following Charlie Kirk's assassination.
Tesla's sales have taken a dramatic nosedive. Despite launching cheaper models, the EV giant's November sales crashed to a near 4-year low. What's behind this surprising downturn?
1hon MSN
Tesla's latest launch isn't a car — it's a $350 pickleball paddle — and it's not even electric
While the pickleball paddle is Tesla's first foray into traditional, non-electrified sports equipment, the automaker does offer a line of apparel and home products, like drinkware ($30+), backpacks ($185+), and salt and pepper shakers ($65).
The Cool Down on MSN
Tesla hit with stunning setback in key markets: 'Problem for Elon Musk'
Tesla’s roller-coaster year continues. Tesla hit with stunning setback in key markets: 'Problem for Elon Musk' first appeared on The Cool Down.