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Trump threatens to cut off Elon Musk's federal subsidies. That could cost Tesla and SpaceX billions.
"The easiest way to save money in our Budget … is to terminate Elon's Governmental Subsidies and Contracts," Trump said in a post.
While the feud played out Thursday, Tesla investors took cover in the options market. As shares of Musk's electric-vehicle company fell 14%, the put-call ratio for Tesla options jumped to its highest level since late April,
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MotorBiscuit on MSNTesla struggles to convince Australia that a factory in the country makes senseTrees not Teslas' and other groups reject Tesla's proposal to build a plant and a showroom in Southern Australia.
A massive overflow of surplus Teslas has flooded a parking lot in a Detroit suburb, raising questions about production, demand, and the future of EV inventory.
The Youi study looked at the median premium. In the $50,001 to $75,000 bracket where many Tesla vehicles sit, the gulf in median premium widened significantly, with EVs costing $1887, ICE vehicles $1393, and hybrids $1219.
Tesla’s global sales slump continues despite some bright spots like Australia and Norway but elsewhere, major markets saw sharp declines.
Amidst speculation about Tesla's India entry, Elon Musk's father expressed surprise at the company's absence, considering India's potential and the presence of competitors like BYD and Tata. Despite government efforts to attract Tesla for local manufacturing,
While eliminating the electric vehicle tax credit would likely lead to a drop in EV sales and production, Tesla sales would probably remain largely unaffected, one expert says.