Less than two months ago, shares of Tesla Inc. were on their way to just the third losing year in the electric-vehicle maker’s decade-and-a-half as a public company. But after a furious rally in the last seven weeks,
Few vehicles in modern history have elicited as much consumer excitement and loathing in their first year on the market than Tesla’s Cybertruck.
The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla , according to a document seen by Reuters, a move that could cripple the government’s ability to investigate and regulate the safety of vehicles with automated-driving systems.
Tesla finds the rules unfair because it believes it reports better data than other automakers, which makes it look like Tesla is responsible for an outsized number of crashes involving advanced driver-assistance systems, one of the sources said.
It was revealed by the report that this succession of decline brought Tesla's "worst day" since its performance saw a massive spike after President-elect Trump won the November elections.
Tesla stock had an extraordinary run in the last month. Click here to find out why we continue to believe that TSLA stock is a sell.
Non Disclosure President-elect Donald Trump doesn't want his newfound son and Tesla CEO Elon Musk to be caught up in pesky regulations and government scrutiny. According to documents obtained by Reuters,
Tesla, Inc.'s stock has surged recently after solid Q3 results and Donald Trump's re-election. Click here to read an analysis of TSLA stock now.
Billionaires like Elon Musk, Jeff Bezos and Mark Zuckerberg are among the top 10 richest people in the world in 2024.
Efforts to cut government spending and eliminate waste are dwarfed by the rising costs of the social safety net programs and interest expenses.