Tag:

Political Influence

Tesla Misses The Mark: Car Deliveries Fall Short As Elon Musk Loses Key Political Fight Tesla Misses The Mark: Car Deliveries Fall Short As Elon Musk Loses Key Political Fight
Tesla Misses The Mark: Car Deliveries Fall Short As Elon Musk Loses Key Political Fight Tesla has delivered significantly fewer vehicles to start 2025 amid its biggest sales drop in years, as the company led by billionaire Elon Musk faces massive protests, boycotts, and production delays. Tesla reported 336,681 vehicle deliveries worldwide in the first quarter of 2025, the electric automaker said in a news release on Wednesday, April 2. Those deliveries are down 13% from 386,810 vehicles in the first quarter of 2024. The Austin, Texas-based company blamed the shortfall on upgrades to manufacturing facilities. "While the changeover of Model Y lines across a…
46K+ Cybertrucks Recalled As Tesla's Financial, Political Issues Escalate 46K+ Cybertrucks Recalled As Tesla's Financial, Political Issues Escalate
46K+ Cybertrucks Recalled As Tesla's Financial, Political Issues Escalate Tesla is recalling more than 45,000 of its controversial Cybertrucks after a serious safety issue was discovered with their exterior paneling, the latest in a growing list of issues for the electric automaker. Tesla has issued the recall for 46,096 Cybertrucks, the National Highway Traffic Safety Administration said. The recall impacts 2024 and 2025 models. According to the NHTSA, a stainless-steel exterior trim panel known as the cant rail may detach while driving, creating a road hazard and increasing crash risks. Tesla is offering to replace the cant rail assembly for free. The recall c…
Investor Survey: 85% Believe Tesla Hurt By Elon Musk's Political Power, Reports Say Investor Survey: 85% Believe Tesla Hurt By Elon Musk's Political Power, Reports Say
Investor Survey: 85% Believe Tesla Hurt By Elon Musk's Political Power, Reports Say A vast majority of people in an investor survey said CEO Elon Musk's growing political influence is damaging Tesla financially, according to reports. An investor survey by Morgan Stanley said 85 percent think Musk's political activities have had a "negative" or "extremely negative" impact on Tesla's business fundamentals, CNBC reported. An analyst from the investment banking firm received answers from 245 participants, a relatively small sample with some investors who don't have Tesla stock. Shares in the electric automaker were at $247.08 when trading opened on Wednesday, Mar. 12. Tha…