Few companies have grown as quickly as Tesla, especially just before and after the company launched the Model 3, its first affordable EV. “We scaled Tesla in 30 months from $2 billion in revenue to $20 billion in revenue,” Jon McNeil, the former president of Tesla who is now co-founder and CEO of DVx Ventures,…
Tesla said it completed its first fully autonomous vehicle delivery from factory to customer. A video posted on X shows the vehicle — a Tesla Model Y — leaving the company’s Austin Gigafactory, driving on the highway, passing through suburban sprawl and residential neighborhoods, before arriving at a customer’s apartment building. Tesla CEO Elon Musk…
Shorouk Express In France alone, Tesla sales declined 67 percent in May compared to the same month in 2024, according to data from France’s PFA registrar. The damage isn’t limited to boycotts, though, with vandals targeting dealerships and individual Tesla drivers finding their cars damaged. Several of Terel’s clients are among those whose vehicles were vandalized,…
Shorouk Express Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email Donald Trump has not ruled out the possibility of reconciling with Elon Musk after their public falling out. In an interview for podcast…
Tesla’s Cybertruck sales dropped significantly in recent quarters, leading to a rapid buildup of unsold inventory. And it looks like the company is resorting to unconventional storage sites for the excess vehicles. One such location, per Crains Detroit Business, is a Detroit shopping center that is now in violation of city code for storing dozens…
Per Inside EVs, Cybertruck owners are now allowed by Tesla to trade in their cars for the first time since they hit the market – but they’ll incur a heavy hit in the process. CarGurus recently showed depreciation rates of up to 45%. Meanwhile, Business Insider talked this past week with two owners who shared…
Shorouk Express The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US As protests against DOGE head Elon Musk spread across the country, a website called “Dogequest” has reportedly…
Shorouk Express For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails A man has pleaded guilty to killing a mother and daughter in a crash on the M4 motorway…
The Model 3 was once the most popular EV in China Xiaomi’s SU7 surpassed Model 3 sales, despite only being on sale for a yearThe Chinese company built 70,000 SU7 EVs in the first six months According to the most recent sales figures, which cover April 2024 to the end of January 2025, Xiaomi sold…
