Tesla's new vehicle sales have plunged 72% in Australia and 76% in Germany, while its share price has dropped over 50% since December 2024, amid growing calls for Musk to step down as CEO
The warning comes amid a rise in attacks on Tesla showrooms, cars, and charging stations following the appointment of CEO Elon Musk as head of the Department of Government Efficiency
US safety regulators have recalled virtually all Cybertrucks on the road, the eighth recall of the Tesla-made vehicles since deliveries to customers began just over a year ago. The National Highway Traffic Safety Administration's recall, which covers more than 46,000 Cybertrucks, warned that an exterior panel that runs along the left and right side of the windshield can detach while driving, creating a dangerous road hazard for other drivers, increasing the risk of a crash. The stainless-steel strip, called a cant rail assembly, between the windshield and the roof on both sides, is bound to the truck's assembly with a structural adhesive, the NHTSA report said. The remedy uses an adhesive that's not been found to be vulnerable to environmental embrittlement, the NHTSA said, and includes additional reinforcements. Tesla will replace the panel free of charge. Owner notification letters are expected to be mailed May 19, 2025. The recall of 46,096 Cybertrucks covers all 2024 and 2025 .
Elon Musk and his EV company Tesla have been at the centre of controversies and protests ever since he expressed his support for Donald Trump
After one of the worst single day sell-offs in Tesla's history, President Donald Trump threw his support behind his advisor, billionaire Elon Musk, vowing to buy one of his cars on Tuesday. Tesla has been pummelled this year under competition from rival electric vehicles, particularly out of China, as well as his close association with Trump and with far right causes globally. Shares have plummeted 45 per cent in 2025 and on Monday tumbled more than 15 per cent to USD 222.15, the lowest since late October, reflecting newfound pessimism as sales crater around the globe. In an overnight post on his Truth Social platform, Trump said Musk is putting it on the line to help the country. Trump claimed in the post that Radical Left Lunatics were attempting to illegally and collusively boycott Tesla, one of the World's great automakers, and Elon's baby". The stock climbed more than 3 per cent before the market open on Tuesday. Numerous auto industry analysts have attributed Tesla's recent
Elon Musk's response comes after incidents, ranging from arson to gunfire, have escalated near Tesla dealerships in recent weeks over his role in the Donald Trump-led US administration
Demonstrators gathered outside Tesla stores across the US to protest the automaker's billionaire CEO, Elon Musk, and his push to slash government spending on behalf of President Donald Trump. The demonstrations are part of a growing backlash in North America and Europe to Musk's disruptive role in Washington. Critics of Trump and Musk hope to discourage and stigmatise purchases of Tesla, the electric car company that is the world's most valuable automaker. Liberal groups for weeks have organised anti-Tesla protests in hopes of galvanising opposition to Musk's Department of Government Efficiency and energising Democrats still demoralised by Trump's November victory. We can get back at Elon, said Nathan Phillips, a 58-year-old ecologist from Newton, Massachusetts, who was protesting in Boston on Saturday. We can impose direct economic damage on Tesla by showing up at showrooms everywhere and boycotting Tesla and telling everyone else to get out, sell your stocks, sell your Teslas. Mu
Tesla signs lease agreement for first India showroom in Mumbai's BKC, paying Rs 35 lakh per month for a 4,000 sq ft space; Delhi showroom also planned amid hiring spree
A satellite company owned by Elon Musk has the inside track to potentially take over a large federal contract to modernize the nation's air traffic communications system. Equipment from Musk's Starlink has been installed in Federal Aviation Administration facilities as a prelude to a takeover of a $2 billion contract held by Verizon, according to government employees, contractors and people familiar with the work. Musk said that the network used by air traffic controllers is aging and requires drastic and quick action to modernize it. The Verizon system is not working and so is putting air travelers at serious risk, Musk on Monday posted on X, the social media site he has owned since 2022. The emergence of Starlink as a potential replacement for the Verizon-led effort underscores the extraordinary conflicts of interest inherent in Musk's position as both a senior White House adviser to President Donald Trump and a business mogul in charge of a sprawling array of companies. It is no
Elon Musk's cost-cutting team is eliminating jobs at the vehicle safety agency that oversees Tesla and has launched investigations into deadly crashes involving his company's cars. The National Highway Traffic Safety Administration has cut a modest amount of positions, according to a statement from the agency. Musk has accused NHTSA of holding back progress on self-driving technology with its investigations and recalls. Asked about whether the cuts would impact any probes into Tesla, the agency referred to its statement that says it will enforce the law on all manufacturers of motor vehicles and equipment. The job cuts at NHTSA enacted by Musk's advisory group on shrinking the federal government, the Department of Government Efficiency, was earlier reported by The Washington Post. In addition to investigations into Tesla's partially automated vehicles, NHTSA has mandated that Tesla and other automakers using self-driving technology report crash data on vehicles, a requirement that
India imposes nearly 100 per cent import duty on electric vehicles (EVs), making it expensive for foreign automakers to sell their cars there
The Berlin factory, which produces the Tesla Model Y, is now likely to manufacture right-hand drive vehicles for the Indian market
After prolonged speculation about Tesla's entry into the Indian market, the Elon Musk-led EV major has begun the process of setting up its manufacturing unit in India
In its initial phase, Tesla is likely to introduce the Model 3 and Model Y in India. However, both models are currently priced way above $25,000 in international markets
Tesla has advertised job openings on LinkedIn for 13 positions across vehicle service, sales, customer support, operations, and business development
This move signals Tesla's plans to enter the Indian market after Musk's recent meeting with Prime Minister Narendra Modi during his recent US visit
Since Trump's election, the billionaires of Silicon Valley have jockeyed to influence the new administration. None of them have been more successful than Musk
CATL, the world's largest battery maker, is a major supplier of lithium iron phosphate (LFP) batteries to Tesla for its Shanghai factory
Matthew Livelsberger, 37, died by suicide after shooting himself and detonating explosives inside a rented Tesla Cybertruck, authorities said on Friday
A highly decorated Army soldier who fatally shot himself in a Tesla Cybertruck just before it blew up outside the Trump hotel in Las Vegas left notes saying the New Year's Day explosion was a stunt to serve as a wake up call for the country's ills, investigators said Friday. Matthew Livelsberger, a 37-year-old Green Beret from Colorado Springs, Colorado, also wrote in notes he left on his cellphone that he needed to cleanse his mind of the brothers I've lost and relieve myself of the burden of the lives I took. Livelsberger served in the Army since 2006 and deployed twice to Afghanistan. This was not a terrorist attack, it was a wake up call. Americans only pay attention to spectacles and violence. What better way to get my point across than a stunt with fireworks and explosives, Livelsberger wrote in one letter found by authorities and released Friday. The explosion caused minor injuries to seven people but virtually no damage to the Trump International Hotel. Authorities said that