Tesla's earnings beat comes after the EV maker's stock took a hit earlier this month following the company’srobotaxi event, which saw the unveiling of a prototype "Cybercab," along with a larger "Robovan.” Analysts said a lack of details about whether Tesla would plan to operate its ...
Tesla’s price cuts put the automaker’s offerings well below several competitors. It’s one way of staying ahead of the competition. Caldwell said that for a long time in the US, Tesla was effectively the only EV manufacturer not making “compliance vehicles”—pricey, converted electric vehic...
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At stake: The lawsuits take aim at features Tesla promotes to distinguish itself from competitors and are core to the company’s market value. Related:Tesla Must Face False Advertising Claims it Misled Buyers About Self-Driving JPMorgan Stock Warrants, New York federal court JPMorgan sued Tesla ...
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At stake: The lawsuits take aim at features Tesla promotes to distinguish itself from competitors and are core to the company’s market value. JPMorgan Stock Warrants, New York federal court JPMorgan sued Tesla seeking a $162 million payment related to a series of stock warrant transactions dat...
“We’re not going to beta test on our customers,” he said, “like some other competitors do.” Still, GM is chasing Tesla in some respects. The electric automaker’s Full Self-Driving program is operational on local roads and residential streets and purports to handle more compl...
3. It faces intense competition outside of its ridesharing industry as well, being attacked on all sides. In the food delivery industry, UberEats faces competition from companies like GrubHub and DoorDash. Google Cars and Tesla are Uber’s major competitors in the driverless technology industry. ...
but it would hurt Ford, GM and others more. During an earnings call in July, Musk said, “I think it would be devastating for our competitors and for Tesla slightly.” He is salivating at the prospect of his competitors being devastated. Who cares if tens or hundreds of thousands lose ...
Fisker is often called the “Apple of autos” as it focuses on its cars’ looks and interfaces, leaving manufacturing to contracted companies such as auto-parts maker Magna International Inc. MGA and others. See also: Elon Musk’s Twitter ‘involvement’ was bad for Tesla, Morgan Stanley su...