Tesla Can Still Sell Cars in California
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Elon Musk's Tesla is doubling down on its roadmap to make the Cybertruck a working man's car.
By Akanksha Khushi Feb 19 (Reuters) - Tesla unveiled a cheaper Cybertruck variant in the U.S. on Thursday and slashed the price of its most-expensive model, Cyberbeast, as the electric-vehicle maker struggles to find buyers for its pickup trucks.
Tesla is now selling a base model all-wheel drive Cybertruck starting at $60k, and has cut the price of its top-end Cyberbeast model to $100k, down from $115k. The move comes as the company struggles to sell the controversial truck, which has heretofore never come close to meeting its projected volume.
California scored a win against a Tesla feature. Meanwhile, the automaker just produced its first Cybercab.
Historical patterns suggest that TSLA remains vulnerable to sudden, steep drops, even amid its broader growth narrative.
Tesla Inc. TSLA has unveiled a new affordable trim level of the Cybertruck, but investor Gary Black of the Future Fund LLC thinks the move wouldn't translate to a major sales boost for the automaker.
The Tesla Model S used to be the undisputed king of EV performance. Find out which 5 insane electric vehicles just shattered its 1,020-hp benchmark.
Tesla’s robotaxi pilot in Austin has logged more than a dozen crash incidents since launching last summer, according to reports the company has submitted to federal regulators.Data provided to the National Highway Traffic Safety Administration shows Tesla has reported 14 crashes involving its automated driving systems over roughly eight months of operation.
Tesla’s first Cybercab has officially rolled off the production line in Texas, a milestone that Elon Musk shared enthusiastically on social media platform X. A two-passenger, self-driving electric vehicle with no steering wheel or pedals,
Call it the latest tug-of-war between Tesla bulls and bears. But this time, it's institutional versus retail investors.