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Tesla is a business built, in part, on government regulations and incentives, from a Department of Energy loan guarantee in 2009 to the regulatory credits it sells to other automakers, which have driven a third of its $32 billion in profits since 2012. Now, the company’s energy business — a rare bright spot amid faltering demand…
Tesla’s Cybertruck sales dropped significantly in recent quarters, leading to a rapid buildup of unsold inventory. And it looks like the company is resorting to unconventional storage sites for the excess vehicles. One such location, per Crains Detroit Business, is a Detroit shopping center that is now in violation of city code for storing dozens…
Tesla sales in Europe and the U.K. have fallen by nearly half, according to data released Tuesday by the European Automobile Manufacturers Association. In April, Tesla sold 7,261 vehicles in the European Union, European Free Trade Association, and U.K., a 49% year-over-year decline. The fall in sales is particularly alarming considering Tesla recently launched a…
I’m not that adventurous when it comes to shoes. I own several pairs of sneakers, one pair of flats, and a pair of boots. That’s about it. My collection is more about versatility and comfort than chasing trends. I don’t usually go for designs that are out of this world or that defy traditional ideas…
Per Inside EVs, Cybertruck owners are now allowed by Tesla to trade in their cars for the first time since they hit the market – but they’ll incur a heavy hit in the process. CarGurus recently showed depreciation rates of up to 45%. Meanwhile, Business Insider talked this past week with two owners who shared…
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! For those U.S.-based readers out there, enjoy the long Memorial Day weekend, and if you’re on the road, expect it to be crowded. AAA projects 45.1 million…
The first test of Tesla’s long-promised robotaxi service in Austin, Texas next month will initially be limited to specific areas the company deems “the safest,” CEO Elon Musk told CNBC in an interview Tuesday. Tesla’s cars are “not going to take intersections unless we are highly confident [they’re] going to do well with that intersection,…
Federal safety investigators have sent Tesla a detailed list of questions on its upcoming robotaxi service as part of an investigation into how the company’s “Full Self-Driving (Supervised)” software operates in low-visibility conditions. The National Highway Traffic Safety Administration’s Office of Defects Investigation wants the additional information about Full Self-Driving (Supervised) — or “FSD” —…
Tesla’s attempt to trademark the term “Robotaxi” in reference to its vehicles has been refused by the U.S. Patent and Trademark Office for being too generic, according to a new filing. Another application by Tesla to trademark the term “Robotaxi” for its upcoming ride-hailing service is still under examination by the office. In addition, applications…
Elon Musk has long been credited with turning Tesla into a beacon of innovation, the visionary who pushed the world into an era of electrification. But his slide into politics — specifically his alignment with President Trump and activities within the federal government — has dragged Tesla into uncertainty. For many would-be Tesla buyers, the…