Key Takeaways Tesla reported delivering 336,681 vehicles globally in Q1 2025. Deliveries were lower than analysts’ expectations of between 377,592 and 407,900 vehicles. Tesla produced 362,615 vehicles during the first quarter, slightly more than delivered. Most of the deliveries and production consisted of Model 3 and Model Y vehicles. Production was affected by a changeover…
Key Takeaways Wells Fargo has reiterated its Tesla price target of $130, forecasting a 53% downside due to slowing sales and price cuts. Tesla’s sales have seen significant drops in Europe, China, and North America, which are key markets for the company. The dip in sales aligns with Tesla’s retooling of its gigafactories to produce…
Key Takeaways Tesla is testing a Model 3 with unusual cameras in the U.S., hinting at the future introduction of the Cybercab and robotaxi platform in the country. The Cybercab was revealed in Los Angeles and pointed to an impending rollout of driverless services in the United States, with possible initial locations, including Austin, Texas.…
Key Takeaways Tesla is enhancing its Android app with the release of update v4.43.5, which includes a new Dashcam Viewer feature. Dashcam Viewer simplifies managing Dashcam and Sentry Mode videos on Android phones, previously available only to iPhone users. The update allows Android users to easily view, delete, or save video clips directly from their…
Key Takeaways Elon Musk reiterates an ambitious “Boat Mode” for the Cybertruck, which could allow it to function as a boat. Despite early excitement, the Cybertruck was not released with the “Boat Mode” feature. The current “Wade Mode” allows the Cybertruck to drive through water up to 32 inches deep. A video shows a Cybertruck…
Key Takeaways Tesla Giga Berlin has produced its 500,000th Model Y, marking a significant milestone for the facility. The achievement was celebrated with a photo featuring Tesla employees and festive decorations like balloons and confetti. Giga Berlin officially opened on March 22, 2022, and it took a little over 1,100 days to reach the half-million…
Key Takeaways 17 Tesla cars were destroyed in an arson attack in Rome, Italy, with police suspecting anarchists. Italian anti-terror police unit Digos is investigating the incident thoroughly. Tesla Italy is cooperating with authorities to uncover the cause of the blaze. The Rome Fire Department is exploring all possibilities in investigating the fire’s origin. This…
Key Takeaways Tesla’s Q1 2025 delivery consensus suggests conservative expectations, with analysts anticipating 377,592 vehicle deliveries. The expected deliveries for the year 2025 are 1,851,001, with the majority being Model 3 and Model Y units. Estimates were compiled from 27 financial institutions, highlighting broad interest and analysis across the sector. FactSet’s expectations are more optimistic,…
Key Takeaways A man counter-protesting an anti-Elon Musk rally in Idaho was struck by a vehicle driven by a “Tesla Takedown” movement member. The incident involved a 70-year-old who made an obscene gesture before hitting the pro-Donald Trump supporter. Meridian Police Department emphasizes respecting the right to protest without resorting to violence. Media outlets are…
Key Takeaways New legislation in New York aims to revoke Tesla’s direct sales permits, limiting the company to its five existing stores. The bill, introduced by Democratic State Senator Patricia Fahy and Assembly Member Gabriella Romero, seeks to foster competition and innovation. Fahy specifically targets Tesla CEO Elon Musk, criticizing his ties to the previous…