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Tesla to hold shareholder vote on whether to invest in xAI

New York CNN  —  Tesla will hold a shareholder vote on whether Elon Musk’s carmaker should invest in his artificial intelligence startup xAI, the billionaire said Sunday. “If it was up to me, Tesla would have invested in xAI long ago,” Musk said in a post on his social media platform X, which itself is …

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Tesla is in deeper trouble than you think

CNN  —  Tesla’s troubles go far beyond CEO Elon Musk’s recent dust-up with President Donald Trump, who accused the former “first buddy” of going “completely ‘off the rails’” in a social media slap fight over the weekend. But while the battles between Musk and Trump are getting all the attention, the outlook for Tesla’s revenue …

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Tesla stock tanks after Trump dismisses Musk’s new political party plan and calls him ‘off the rails’

London CNN  —  Shares in Tesla tanked by as much as 7.6 percent in premarket trading Monday after its CEO Elon Musk said he is forming a new American political party, provoking an irate response from US President Donald Trump. Tesla stock (TSLA) later recovered some of its earlier losses but was still 6.5 percent …

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Why Tesla’s Cybertruck has been such a flop

New York CNN  —  Despite Elon Musk’s bold predictions, the Cybertruck is, officially, a flop. Tesla is deliberately opaque about its sales numbers on specific models, so you have to squint to get a sense of just how badly the company’s unique pickup truck is performing in the real world. But we definitely have some …

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Tesla’s No.1 rival is practically taunting Elon Musk now

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. New York CNN  —  There are three letters keeping Tesla bulls up at night: BYD. That’s the carmaker eating everyone’s lunch in China, the world’s biggest auto market, and rapidly gaining market share …

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Tesla to recall more than 46,000 Cybertrucks due to exterior panel issue

Reuters  —  Tesla is recalling 46,096 Cybertruck vehicles in the United States to fix an exterior panel that could detach while driving, the latest in a series of call-backs for the pickup truck since last year. The recall is over issues related to the cant rail – a stainless-steel exterior trim panel – delaminating and …

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Gravity may be finally catching up to Elon Musk as Tesla stock tumbles

New York CNN  —  Elon Musk’s DC power grab hasn’t been the Tesla-stock jet fuel investors were expecting. Tesla shares have fallen more than 40 percent since January — erasing all of the “Trump bump” that briefly saw the stock gain more than 90 percent after Election Day. Musk, whose wealth is overwhelmingly linked to …

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