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Tesla’s Biggest Problem Is Its Own CEO

gizmodo.com Luc Olinga 2026-02-05 04:13:43

Tesla is Elon Musk. Elon Musk is Tesla. Rarely has a company’s identity been so inextricably linked to its CEO, for better and for worse. For years, this fusion was a superpower, giving Tesla an innovative mystique that captivated investors and propped up its valuation. Now, that same connection has become a massive liability. In a brutal reaction to Elon Musk’s latest political bombshell—the launch of his own political party—investors wiped nearly $70 billion off Tesla’s market capitalization

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What Happens to Tesla When Musk Picks Politics Over Cars?

gizmodo.com Luc Olinga 2026-02-05 22:13:43

Tesla is Elon Musk. Elon Musk is Tesla. Rarely has a company’s identity been so inextricably linked to its CEO, for better and for worse. For years, this fusion was a superpower, giving Tesla an innovative mystique that captivated investors and propped up its valuation. Now, that same connection has become a massive liability. In a brutal reaction to Elon Musk’s latest political bombshell—the launch of his own political party—investors wiped nearly $70 billion off Tesla’s market capitalization

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Tesla loses $68 billion in value after Elon Musk says he is launching a political party

cnbc.com Arjun Kharpal 2026-02-06 03:05:31

Now the tech billionaire's reinvolvement in the political arena is making investors nervous. The billionaire's involvement in politics has been a point of contention for investors. Musk earlier this year was instrumental in the so-called Department of Government Efficiency and worked closely with President Donald Trump — a move seen as potentially hurting Tesla's brand . Musk said Saturday that the party would be called the "America Party" and could focus "on just 2 or 3 Senate seats and 8 to

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The Chinese EV Carmaker That Is Quietly Crushing Tesla

gizmodo.com Luc Olinga 2026-02-06 10:45:47

While Tesla’s struggles dominate the headlines, a quieter but more significant story is unfolding: Chinese electric vehicle makers are on a tear. For the second consecutive quarter, Elon Musk’s Tesla has seen its sales decline, a stark contrast to the booming growth reported by rivals like BYD and NIO Inc, who are steadily gaining market share and widening their lead. The second-quarter sales numbers paint a bleak picture for the American EV pioneer. Tesla delivered 384,122 vehicles worldwide,

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Tesla’s real struggles have only just begun

theverge.com Andrew J. Hawkins 2026-02-06 12:43:00

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Tesla used to be the envy of the auto world, with sky-high valuations, a relentless focus on tech, and a CEO that commanded unprecedented loyalty from his customers. Now the company’s reputation is in shambles, its financial future looks increasingly grim, and its costly bets on AI and robotics are unlikely to pay off anyt

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Tesla Is Losing the EV War to Chinese Carmakers

gizmodo.com Luc Olinga 2026-02-06 22:45:47

While Tesla’s struggles dominate the headlines, a quieter but more significant story is unfolding: Chinese electric vehicle makers are on a tear. For the second consecutive quarter, Elon Musk’s Tesla has seen its sales decline, a stark contrast to the booming growth reported by rivals like BYD and NIO Inc, who are steadily gaining market share and widening their lead. The second-quarter sales numbers paint a bleak picture for the American EV pioneer. Tesla delivered 384,122 vehicles worldwide,

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Reckless Footage Shows Tesla Robotaxi Careening Through Heavy Rain at High Speed

futurism.com Unknown 2026-02-07 03:14:57

Terrifying new footage shows a Tesla robotaxi ripping through partially flooded streets in Austin, Texas. The clip, which went viral on the r/SweatyPalms subreddit over the weekend, shows the modified Model Y blasting past human-operated vehicles that are operating with far more caution — while passing on the right lane, a no-no for prudent drivers. "That dude is leaving a permanent hand print on that door handle," one Reddit user joked, referring to the person in the driver's seat holding on

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Tesla shares drop 7% after Elon Musk says he is launching a political party

cnbc.com Arjun Kharpal 2026-02-07 08:56:15

Tesla stock fell about 7% on Monday after CEO Elon Musk announced plans to form a new political party. The stock was on pace for its worst day since June 5, when it fell 14% as the clash between Musk and President Donald Trump erupted. Musk said Saturday that the party would be called the "America Party" and could focus "on just 2 or 3 Senate seats and 8 to 10 House districts." He suggested this would be "enough to serve as the deciding vote on contentious laws, ensuring that they serve the tr

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Tesla shares drop 8% after Elon Musk says he is launching a political party

cnbc.com Arjun Kharpal 2026-02-07 12:58:23

The billionaire's involvement in politics has been a point of contention for investors. Musk earlier this year was part of the so-called Department of Government Efficiency and worked closely with President Donald Trump — a move seen as potentially hurting Tesla's brand . Musk said over the weekend that the party would be called the "America Party" and could focus "on just 2 or 3 Senate seats and 8 to 10 House districts." He suggested this would be "enough to serve as the deciding vote on conte

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Tesla shares drop 7% in premarket trading after Elon Musk says he is launching a political party

cnbc.com Arjun Kharpal 2026-02-08 00:58:01

White House Senior Advisor Elon Musk walks to the White House after landing in Marine One on the South Lawn with U.S. President Donald Trump (not pictured) on March 9, 2025 in Washington, DC. Tesla shares fell in premarket trade on Monday after CEO Elon Musk announced plans to form a new political party. The stock was down 7.13% by 4:27 a.m. E.T. Musk said over the weekend that the party would be called the "America Party" and could focus "on just 2 or 3 Senate seats and 8 to 10 House distric

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Tesla Fans Rage Against Elon Musk as They Lose Money on Polymarket After Doing Exactly What He Told Them to Do

futurism.com Unknown 2026-02-07 18:15:40

Elon Musk's fanboys are furious at the billionaire for giving them bad betting advice on Polymarket. Back when there was still a slight chance that Tesla might pull off a public Robotaxi launch by the end of June, the multi-hyphenate billionaire prognosticated on X-formerly-Twitter that betting against the haters on the crypto-based prediction platform would be a "money-making opportunity." Obviously, that didn't happen — the program remains glitchy and not open to the public — and now that th

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Tesla Robotaxi Rider Gets Bizarre Call Saying She Has to Exit Vehicle Immediately

futurism.com Unknown 2026-02-07 12:00:07

YouTuber and Elon Musk stan Ellie Sheriff had a bizarre experience during her first Tesla robotaxi ride in Austin, Texas. As seen in a video she shared on her channel, "Ellie in Space," over the weekend, Sheriff got a strange call from the EV maker mid-ride, asking her and her fellow passenger to literally leave the vehicle due to incoming weather. "So we had to get out of the robotaxi, because weather is coming in," Sheriff said in the video while standing in the middle of a windy field. The

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A Tesla robotaxi inexplicably drove into a parked car

engadget.com Unknown 2026-02-07 14:10:04

One of Tesla's fully autonomous robotaxis grazed a parked car after completing a ride recently in Austin, Texas. In a video recorded by YouTuber DirtyTesla, a self-driving Model Y is seen turning and accelerating into a Toyota, making light contact with its tire. As seen in the video, the Model Y already dropped off its passenger, but had trouble navigating out of the dark alleyway afterwards. Tesla's robotaxi service launched in Austin just two weeks ago with a small fleet. According to DirtyT

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Latest Sales Data Reveal Clear Winners And Losers in a Messy EV Market

gizmodo.com Luc Olinga 2026-02-07 16:49:22

The second quarter of 2025 painted a chaotic picture of the electric vehicle market in the United States. While General Motors enjoyed a breakout quarter, most other automakers, especially Tesla and Ford, stumbled hard. EV sales are now a mix of breakthroughs and breakdowns. And all of this is happening under a White House that has turned decisively against green subsidies. GM Breaks Away From the Pack Despite a political environment hostile to clean energy, GM managed to deliver a stunning 1

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This Is Why Tesla’s Robotaxi Launch Needed Human Babysitters

wired.com Aarian Marshall 2026-02-10 14:18:31

Whether due to consumer backlash or an aging EV lineup, or both, Tesla sales have again seen a global plunge, this time 13 percent last quarter compared to the previous year—proof that the electric automaker hasn’t yet turned around a dismal year that saw public opinion of controversial CEO Elon Musk plummet. It could mean Tesla faces a second straight year of falling sales. And yet: Tesla is still the world’s most valuable automaker by market capitalization, worth some $990 billion. At least s

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Tesla Stans Can’t Believe They’re About to Lose a Boatload of Money on Elon’s Robotaxi Launch

gizmodo.com Lucas Ropek 2026-02-11 08:45:44

Why anyone believes the things that come out of Elon Musk’s mouth is a mystery. The vaporware king has peddled so many outlandish claims over the years that it’s difficult to keep a tally. Still, for whatever reason, he retains a small but devoted following who think his utterances are prophetic prognostications rather than the creative ideations of a sci-fi fanboy. One of Musk’s recent dubious claims was that Tesla would launch its robotaxi service in Austin, Texas, by June, claiming that the

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Experts Say the Actual Value of Tesla's Stock Is a Ticking Time Bomb

futurism.com Unknown 2026-02-11 11:23:55

If a recent rally in the company's share price is any indication, investors are buying Tesla CEO Elon Musk's vision of leaning into autonomous driving and a robotaxi service. The company's shares rose almost four percent on Wednesday, despite the company revealing that it had sold 14 percent fewer cars in Q2 of this year compared to the same period last year, the biggest drop in Tesla's history. Analysts were forecasting an even worse performance, indicating there's still plenty of enthusiasm.

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Tesla Bros Are Begging Polymarket to Change the Rules So Elon Musk's Disastrous Robotaxi Launch Doesn't Lose Them a Ton of Money

futurism.com Unknown 2026-02-13 04:34:19

Tesla bros, it turns out, can be pretty sore losers. On the crypto-based prediction hub Polymarket, some of the automaker's diehards can't accept that they're about to lose a boatload of money after betting that their hero Elon Musk would launch a public robotaxi service in June. Which he didn't, by the way; the trial is limited to a few people with an invite, and beyond that, the most notable thing it's accomplished was earn the attention of federal regulators for flubs like violating traffic

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Tesla’s Numbers Are In, and They’re Not Good

gizmodo.com Luc Olinga 2026-02-13 09:10:56

Tesla’s struggles continue as the company reports another drop in vehicle deliveries, deepening concerns that its image problem, especially in Europe, is weighing heavily on consumer demand. In the second quarter of 2025, the electric vehicle giant delivered 443,956 vehicles, a 13.5 percent decline from the same period in 2024. Deliveries are Tesla’s key sales metric and are closely watched by investors and analysts alike. Nearly all of those deliveries — 97.3 percent — were for the company’s t

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Tesla Bros Who Bet on Polymarket That Tesla Would Successfully Launch Full Self-Driving by July Are Now Screwed

futurism.com Unknown 2026-02-12 04:19:09

Betting on Elon Musk fulfilling one of his promises is one hell of a risky venture. But that's what users did on the crypto-based prediction hub Polymarket anyway — and now they're on the verge of losing millions of dollars after Tesla's Robotaxi service failed to live up to its CEO's sky-high assurances. With over $8,800,000 worth of total bets placed, the prediction, titled "Will Tesla launch a driverless Robotaxi service before July?" is now at a less than one percent chance of success, seei

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Tesla's Self-Driving Mode Causes It to Get Hit by Train

futurism.com Unknown 2026-02-13 21:25:04

Tesla's so-called "self-driving" features have some serious issues with train tracks — and in a recent instance, it led to a small collision with a moving freight train. As Pennsylvania-based broadcaster WFMZ reports, a family of three was forced to exit their Tesla in the wee hours of the morning after it decided, when in an assisted driving mode, to turn left onto some train tracks. Jared Renshaw, the fire commissioner for Southeastern PA's Western Berks County, told WFMZ that the car was in

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Tesla's energy storage business gets sucked into the company's downward spiral

news.ycombinator.com Tim De Chant 2026-02-14 02:38:14

Even Tesla’s energy storage business, which has been a small, yet notable bright spot, can’t escape the cloud that’s hanging over the company. For the second consecutive quarter, deployments of its Powerwall and Megapack stationary storage products have declined, according to stats released by Tesla. In the second quarter of this year, the company installed 9.6 gigawatt-hours of storage, down 0.8 gigawatt-hours from the first quarter. Tesla’s energy storage division peaked in the fourth quarte

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Tesla’s energy storage business gets sucked into the company’s downward spiral

techcrunch.com Tim De Chant 2026-02-14 12:35:17

Even Tesla’s energy storage business, which has been a small, yet notable bright spot, can’t escape the cloud that’s hanging over the company. For the second consecutive quarter, deployments of its Powerwall and Megapack stationary storage products have declined, according to stats released by Tesla. In the second quarter of this year, the company installed 9.6 gigawatt-hours of storage, down 0.8 gigawatt-hours from the first quarter. Tesla’s energy storage division peaked in the fourth quarte

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Tesla Q2 2025 sales dropped more than 13% year over year

arstechnica.com Unknown 2026-02-14 14:27:13

Tesla sold 384,122 electric vehicles during the months of April, May, and June of this year. That's a double-digit decline compared to the same three months of last year—itself no peach of a quarter for a car company with a stratospheric valuation based on the supposition of eternal sales growth. The automaker faces a number of problems that are getting in the way of that perpetual growth. In some regions, CEO Elon Musk's right-wing politics have driven away customers in droves. Another issue i

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Tesla Gets Dismal Sales News After Disastrous Robotaxi Launch

futurism.com Unknown 2026-02-15 03:07:51

Tesla has posted its second quarter delivery numbers — and they're not looking good. As the New York Times reports, the company reported it had delivered just 384,000 vehicles between April and June, a massive drop from 444,000 vehicles over the same period last year. Meanwhile, CEO Elon Musk has focused his carmaker's resources on developing a robotaxi network of fully autonomous vehicles. However, given a disastrous launch filled with near-collisions, bizarre driving behavior, and human "saf

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Tesla deliveries fall for second quarter in a row

feeds.bbci.co.uk Unknown 2026-02-15 08:30:49

Tesla deliveries fall for second quarter in a row Musk has since left the role - but has publicly sparred with US President Donald Trump over a massive spending bill pushed by the White House. Tesla faces increasing competition from rivals, including China's BYD. Musk's controversial role as a government efficiency czar in the Trump administration has also been blamed for the plummeting numbers. The just over 384,000 vehicles it delivered between April and June represents the second quarterly

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Tesla deliveries drop 14 percent amid Musk backlash

engadget.com Unknown 2026-02-15 08:16:39

Tesla says it delivered 384,122 electric vehicles in the April-June timeframe, which is a 14 percent drop compared with the same period in 2024. It's also the second quarter in a row that sales have fallen year-over-year (YoY). The company produced 410,244 vehicles in Q2, which is very close to the 410,831 it made during the equivalent period last year. However, the company delivered more vehicles (443,956) than it produced in Q2 2024. That's not the case this time. The number of vehicle delive

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Tesla Q2 2025 sales dropped more than 13% year-over-year

arstechnica.com Unknown 2026-02-15 08:27:13

Tesla sold a total of 384,122 electric vehicles during the months of April, May, and June of this year. That's a double-digit decline compared to the same three months of last year—itself no peach of a quarter for a car company with a stratospheric valuation based on the supposition of eternal sales growth. The automaker faces a number of problems that are getting in the way of that perpetual growth. In some regions, CEO Elon Musk's right-wing politics have driven away customers in droves. Anot

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Tesla reports 14% decline in vehicle deliveries, marking second straight year-over-year drop

cnbc.com Lora Kolodny 2026-02-15 12:29:44

Tesla Model Y electric vehicles are collected from the Tesla Gigafactory Berlin-Brandenburg by a car transporter. Tesla reported over 384,000 vehicle deliveries in the second quarter, a 14% decline from a year ago, and the second straight quarterly drop. Shares rose 5%. The electric vehicle maker reported 443,956 deliveries and production of 410,831 vehicles during the same period last year. Here are the key numbers: Total deliveries Q2 2025: 384,122 vehicles Total production Q2 2025: 410,

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Tesla reports 14 percent drop in second-quarter vehicle deliveries

theverge.com Andrew Hawkins 2026-02-15 12:21:48

Tesla sales hit a new low, with the company reporting a 14 percent drop in second-quarter vehicle deliveries compared to a year ago. The company said that it produced a total of 410,244 vehicles between April–June of this year, including 396,835 Model 3 and Model Y vehicles, as well as 13,409 “other vehicles” like the Model S, Model X, and Cybertruck. That represents a minor 0.1 percent drop compared to the second quarter of 2024, when the company produced 410,831 vehicles. Tesla also said tha

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Latest Tech News

Tesla’s Biggest Problem Is Its Own CEO

What Happens to Tesla When Musk Picks Politics Over Cars?

Tesla loses $68 billion in value after Elon Musk says he is launching a political party

The Chinese EV Carmaker That Is Quietly Crushing Tesla

Tesla’s real struggles have only just begun

Tesla Is Losing the EV War to Chinese Carmakers

Reckless Footage Shows Tesla Robotaxi Careening Through Heavy Rain at High Speed

Tesla shares drop 7% after Elon Musk says he is launching a political party

Tesla shares drop 8% after Elon Musk says he is launching a political party

Tesla shares drop 7% in premarket trading after Elon Musk says he is launching a political party

Tesla Fans Rage Against Elon Musk as They Lose Money on Polymarket After Doing Exactly What He Told Them to Do

Tesla Robotaxi Rider Gets Bizarre Call Saying She Has to Exit Vehicle Immediately

A Tesla robotaxi inexplicably drove into a parked car

Latest Sales Data Reveal Clear Winners And Losers in a Messy EV Market

This Is Why Tesla’s Robotaxi Launch Needed Human Babysitters

Tesla Stans Can’t Believe They’re About to Lose a Boatload of Money on Elon’s Robotaxi Launch

Experts Say the Actual Value of Tesla's Stock Is a Ticking Time Bomb

Tesla Bros Are Begging Polymarket to Change the Rules So Elon Musk's Disastrous Robotaxi Launch Doesn't Lose Them a Ton of Money

Tesla’s Numbers Are In, and They’re Not Good

Tesla Bros Who Bet on Polymarket That Tesla Would Successfully Launch Full Self-Driving by July Are Now Screwed

Tesla's Self-Driving Mode Causes It to Get Hit by Train

Tesla's energy storage business gets sucked into the company's downward spiral

Tesla’s energy storage business gets sucked into the company’s downward spiral

Tesla Q2 2025 sales dropped more than 13% year over year

Tesla Gets Dismal Sales News After Disastrous Robotaxi Launch

Tesla deliveries fall for second quarter in a row

Tesla deliveries drop 14 percent amid Musk backlash

Tesla Q2 2025 sales dropped more than 13% year-over-year

Tesla reports 14% decline in vehicle deliveries, marking second straight year-over-year drop

Tesla reports 14 percent drop in second-quarter vehicle deliveries

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