Tesla (TSLA) sales are currently crashing in China, based on both new monthly and weekly data released today. That’s despite the new Model Y, record discounts, and incentives. Competition and a new electric vehicle (EV) price war are putting significant pressure on Tesla in China. Tesla experienced a slow first quarter globally, including in China,… Continue reading Tesla (TSLA) sales are crashing in China, and things are about to get worse
Author: Electrek Newsfeed
Tesla officially starts autonomous ‘testing’ phase in Austin days before planned launch
Tesla has officially entered the autonomous vehicle ‘testing’ phase in Austin, Texas days before its planned launch of a commercial service. For months, Tesla has been discussing the launch of a self-driving ride-hailing fleet in June in Austin, Texas. As we previously reported, the move is a major shift from Tesla’s long promise to enable… Continue reading Tesla officially starts autonomous ‘testing’ phase in Austin days before planned launch
Cadillac’s new Optiq-V is an entry-level luxury sports EV with a Tesla NACS port
Another Cadillac EV has earned the iconic “V” badge. The 2026 Cadillac Optiq-V is a new entry-level sports electric vehicle (EV) with over 500 horsepower, sporty styling both inside and out, and additional upgrades. It’s also GM’s first vehicle with a built-in NACS port, unlocking access to Tesla Superchargers. Cadillac unveils 2026 Optiq-V EV prices… Continue reading Cadillac’s new Optiq-V is an entry-level luxury sports EV with a Tesla NACS port
Several Waymo self-driving I-Pace electric cars set on fire in LA riots
At least 5 Waymo self-driving I-Pace electric cars were set on fire amid protests that turned violent in Los Angeles this weekend. It could represent as much as 5% of Waymo’s fleet in Los Angeles being destroyed. The United States Immigration and Customs Enforcement (ICE) launched several raids in the Los Angeles area last week… Continue reading Several Waymo self-driving I-Pace electric cars set on fire in LA riots
Tesla’s head of Optimus humanoid robot leaves the ‘$25 trillion’ product behind
Tesla’s head of Optimus humanoid robot, Milan Kovac, announced that he is leaving the automaker after 9 years. It leaves just as CEO Elon Musk claimed that the humanoid robot is going to make Tesla a”$25 trillion company.” Electrek first reported on Tesla hiring Kovac back in 2016 to work on the early Autopilot program.… Continue reading Tesla’s head of Optimus humanoid robot leaves the ‘$25 trillion’ product behind
Toyota has another $20,000 electric SUV for China: Meet the bZ5
When will Toyota launch an electric SUV for under $20,000 in the US or Europe? We’ll keep dreaming. Toyota is launching the new bZ5 electric SUV next week in China amid an intensifying EV price war. The new SUV will draw power from BYD’s batteries and EV powertrain as Toyota looks to get a leg… Continue reading Toyota has another $20,000 electric SUV for China: Meet the bZ5
‘Everything’s computer’ no more: Trump wants to sell his Tesla from that dumb ad
Not even three months ago, convicted felon Donald Trump and his largest funder, ketamine-fueled Tesla CEO Elon Musk, appeared together on the White House lawn, improperly using government resources to do a low-budget ad to help Tesla get out of the sales ditch that Musk has dug for it. Now, amidst an explosive feud between… Continue reading ‘Everything’s computer’ no more: Trump wants to sell his Tesla from that dumb ad
Here’s how Tesla might be impacted by the Musk/Trump divorce
Trump does an ad for Tesla Tesla CEO Elon Musk and President Trump are in the middle of a nasty break-up and it didn’t take long for Musk’s companies, including Tesla, were thrown in the middle of it like kids in a divorce. We will focus on the real impact on Tesla’s business here, rather… Continue reading Here’s how Tesla might be impacted by the Musk/Trump divorce
Tesla becomes desperate with Cybertruck, launches biggest discount yet
Tesla has announced that it now offers interest-free loans on the Cybertruck until the end of the month. The move is the equivalent of a roughly $10,000 discount and shows that Tesla has reached a new level of desperation in trying to sell the Cybertruck. Following the unveiling of the Cybertruck in 2019, Tesla reported… Continue reading Tesla becomes desperate with Cybertruck, launches biggest discount yet
TSLA drops 14% as investors see corruption being priced out of Tesla stock
Tesla stock dropped over 50 points today, primarily in response to a very public feud between Tesla CEO Elon Musk and convicted felon Donald Trump. But, as we pointed out in November, this doesn’t have anything to do with company performance, and rather only reflects a change in the market’s expectation of potential benefit to… Continue reading TSLA drops 14% as investors see corruption being priced out of Tesla stock