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Tesla rolled out “affordable” versions of its best-selling Model Y SUV and its Model 3 sedan, but the starting prices of $39,990 and $36,990 struck some as too high to attract a new class of buyers to the electric vehicle brand. Tesla’s stock fell 4% and Tesla bull Dan Ives, an analyst at Wedbush, said he was disappointed that the cars were only about $5,000 cheaper than the next trims of the models. The new versions, called Standard, cost more than what the previous models started at, including a $7,500 tax credit that expired at the end of September. The much-awaited unveiling is crucial for Tesla as it pushes to reverse falling sales and waning market shar…
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If you’re sick of paying for subscription services, Tesla has some bad news for you. The EV maker announced Wednesday that going forward, its Full Self-Driving (Supervised) software will only be available as a monthly subscription – not a one-time payment. Tesla CEO Elon Musk broke the news on X, the social media platform he owns, noting that the shift will happen on February 14. “FSD will only be available as a monthly subscription thereafter,” Musk wrote, offering no details about how that change would affect the software’s pricing. While the price of access to Full Self-Driving (FSD) mode has fluctuated over time, the current one-time purchase price for the sof…
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Tesla has raised lease prices for all its vehicles in the U.S. after a $7,500 federal tax credit that helped boost electric vehicle sales expired, according to the company’s website on Wednesday. The change follows the end of tax incentives under sweeping legislation passed by Congress, which eliminated the $7,500 credit for new EV leases and purchases, as well as a $4,000 credit for used EVs, effective September 30. Tesla and its rivals had been passing these credits on to customers through competitive lease offers. The monthly lease of the electric vehicle manufacturer’s best-selling Model Y increased to a range between $529 and $599, from a range of $479 to…
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Tesla is recalling more than 63,000 Cybertrucks in the U.S. because the front lights are too bright, which may cause a distraction to other drivers and increase the risk of a collision. The National Highway Traffic Safety Administration said that the recall includes certain Cybertrucks with a model year between 2024 and 2026. The vehicles were made between Nov. 13, 2023, and Oct. 11, 2025, with operating software versions prior to 2025.38.3. The agency said that Tesla is not aware of any collisions, injuries, or fatalities related to the condition. Tesla, which is run by billionaire Elon Musk, is issuing a free software update to correct the issue. Earlier…
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Tesla’s market share in Europe continued to shrink in February as sales of the all-electric car maker dropped for a second month even as EV registrations overall on the continent grew. As competition grows and a slowdown in European economies hampers total car sales, Elon Musk’s battery-electric (BEV) brand has sold 42.6% fewer cars in Europe so far this year, data from the European Automobile Manufacturers Association (ACEA) showed on Tuesday. Tesla commanded 1.8% of the total market and 10.3% of the BEV market in February, down from 2.8% and 21.6% respectively last year. It sold fewer than 17,000 cars in the European Union, Britain, and European Free Trade A…
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A federal judge has ruled that Tesla is still required to pay $243 million over a 2019 crash involving a Tesla equipped with Autopilot, despite the company’s efforts to overturn the verdict. In August 2025, a jury found Tesla liable for the death of Naibel Benavides Leon, a 22-year-old woman who was killed when George McGee, who was driving a Tesla Model S, drove through an intersection while he bent to look for his dropped phone. The crash occurred in Key Largo, Florida, in 2019. McGee’s vehicle, which was equipped with Tesla’s Autopilot technology, crashed into an SUV that was parked on the shoulder, killing Leon and injuring Dillon Angulo. “I trusted the…
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Shares of Tesla Inc. are enjoying a premarket upswing on Friday as they head into their first trading day of 2026. The rising stock price (Nasdaq: TSLA) comes despite low expectations for the EV maker’s fourth-quarter 2025 deliveries, which are expected to show a significant decline when compared to the previous quarter. Here’s what you need to know: Tesla stock is starting 2026 on a high note In premarket trading on Friday, shares of Tesla were up around 2% as of this writing. The stock has been on an upswing for the last several months since CEO Elon Musk stepped back from his controversial job-slashing activities at the Department of Government Efficienc…
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It’s been another bad week for Tesla shares so far. After closing down again yesterday, as of the time of this writing, TSLA shares are down over 5% in early morning trading on Tuesday. The stock’s decline this week comes after the company shed nearly 15% of its value in a single day last week. Much of Tesla’s recent stock declines have been attributed to the public souring of the company as its CEO, Elon Musk, has become increasingly involved in politics in both America and Europe. Since Musk’s political engagements, including his role in the Department of Government Efficiency (DOGE) in the United States and his support of the far-right party Alternative for German…
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On Wednesday, October 22, Tesla released its third-quarter earnings with a side of begging from CEO Elon Musk. The report and subsequent investors’ call was pretty standard. Tesla announced $28.1 billion in revenue, a 12% increase year-over-year (YOY) from $25.2 billion. A majority of Tesla’s revenue came, unsurprisingly, from automotive sales, which grew 6% YOY to $21.2 billion. Quarter three was the last push for U.S. customers to buy Tesla vehicles before the federal EV tax credit expired. However, it wasn’t enough. Tesla failed to meet Wall Street’s predicted $26.4 billion in total revenue, according to consensus estimates cited by CNBC. Its reported ear…
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Too late. Too expensive. Too bland. Too antiquated. Too much of the same. There are just too many toos when it comes to Tesla’s new “cheap” cars, which the company announced on Oct. 7. Its highly anticipated “affordable models” are just stripped-down Model 3 and Model Y variants that come in at a more expensive price point than the current 2025 models. Some marketing genius labeled them as “Standard,” but judging the cars against cheaper, better models from automakers around the world, Tesla’s newest offerings can’t even claim that benign adjective. The truth is, these cars are terrible news for the company. With its reputation in tatters thanks to Musk’s bra…
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“Mad Max mode” may sound like something out of a video game, but it is a real-life setting for cars currently plying America’s streets. And it poses genuine danger. In an homage to the main character from George Miller’s dystopian 1979 film and its sequels, originally portrayed by current The President supporter Mel Gibson, Tesla created Mad Max mode as an option for vehicles equipped with its “Full-Self Driving” (FSD) system. The Mad Max icon is a mustachioed smiley face wearing a cowboy hat, bearing less of a resemblance to the film’s titular vigilante than to Tesla CEO Elon Musk’s brother, Kimbal. (Warner Bros., which released the films, has not filed suit.) De…
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Tesla’s sales of its China-made electric vehicles dropped 49.2% in February from a year earlier to 30,688 cars, the lowest since August 2022, as the U.S. automaker faces pressure from Chinese rivals in a relentless smart EV price war. Tesla, which makes its Model 3 and Model Y vehicles in China, sold 93,926 Chinese-made vehicles worldwide in the first two months, down 28.7% year-on-year, according to data from the China Passenger Car Association (CPCA). January-February sales were distorted by the Lunar New Year holiday shifting from February last year to late January this year and due to a partial suspension of Model Y production for upgrade work. Still, Chin…
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We’ve known since launch that the Cybertruck is a flop. Sales have been residual after they peaked at 5,175 units registered in July 2024, gradually falling to just 2,000 units sold in April 2025. The dip has been so deep that the Boring Company would have a hard time reaching the bottom of its sales chart pit, which has totaled 46,000 units since production started in late 2023. Now we have learned that things are getting worse for Cybertruck owners: The Cybertruck has depreciated by 45% after only one year, according to Car Guru. The depreciation is so bad that Tesla wasn’t accepting its own children as trade-ins until three days ago, as the Cybertruck Owners Club …
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