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Tesla faces second straight year of falling sales after another bad quarter

Tesla delivered 384,122 vehicles in the second quarter of this year, wrapping up another weak quarter for the company as it struggles to bring the pace of sales back up to 2023 levels. That represents a 13.5% drop from the number of cars Tesla delivered in the second quarter of 2022, and it means Tesla runs a real chance of underperforming its total sales figure from 2024. If that happens, it would mean Tesla’s sales will have fallen two years in a row — despite the company once promoting the a

Elon Musk Adds ‘Sell Cars in Europe’ to His To-Do List

Elon Musk has always worn a lot of hats. Earlier this year, while he was working at the White House, he literally wore several hats on his head at the same time, in a clownish attempt to make this very point to other Trump officials. Even though the billionaire has since parted ways with the administration and is in the midst of an acrimonious spat with the President, he is still keeping busy. Now, he’s reportedly given himself a new job just as he pledged to launch a new political party, thus k

Tesla shares drop on Musk, Trump feud ahead of Q2 deliveries

Elon Musk, chief executive officer of Tesla Inc., during a meeting between US President Donald Trump and Cyril Ramaphosa, South Africa's president, not pictured, in the Oval Office of the White House in Washington, DC, US, on Wednesday, May 21, 2025. Tesla shares have dropped 7% from Friday's closing price of $323.63 to the $300.71 close on Tuesday ahead of the company's second-quarter deliveries report. Wall Street analysts are expecting Tesla to report deliveries of around 387,000 — a 13% de

Tesla's Stock Has Fallen Dramatically Since Elon Musk Returned to the Business

When multi-hyphenate billionaire Elon Musk returned to Tesla in May, it was met with a surge of enthusiasm from investors who feared he'd given up on the embattled carmaker during his disastrous stint in government. But that optimism has dimmed significantly as Musk has brought his signature aura of chaos and disappointment back to Tesla — and it's clear in the company's stock price, which has actually fallen since his homecoming in late May. At the time, the company's share price was hovering

Tesla's Robotaxi Program Is Failing Because Elon Musk Made a Foolish Decision Years Ago

A shortsighted design decision that Elon Musk made more than a decade ago is once again coming back to haunt Tesla. As The Guardian reports, the company's Robotaxi rollout has been a massive bust — due, in at least in part, to Musk's long-ago bet against the light detection and ranging sensors known as lidar, which are hardware that allow cars to "sense" their surroundings far more sensitively than the visual cameras that Tesla is instead using as the inputs for itse self-driving software. Way

First Tesla Drives Autonomously From Dealer to Buyer's House, Ends in Embarrassing Flub

On Saturday, Tesla announced that it had made the world's first fully driverless delivery of a car, achieving a key promise Elon Musk had made ahead of the rocky launch of his robotaxi service. In a promotional video shared by the automaker, a Model Y rolls out of Tesla's Gigafactory in Austin, Texas. With no one inside, the gleaming EV drives itself across highways and city streets until finally reaching its new owner's apartment, making automotive history in the process. All's well — except

Tesla sends driverless Model Y from factory to customer to promote its robotaxi tech

Just a few days after launching a limited robotaxi service in Austin, Texas, Tesla pulled off an additional stunt meant to show off the progress of its self-driving car software. The company let a Model Y SUV drive roughly 15 miles from Tesla’s factory to the apartment complex where the car’s new owner lives, completing what CEO Elon Musk called the first “autonomous delivery” of a customer car. The vehicle was supposedly equipped with the same software Tesla’s robotaxi Model Ys are using in Au

Elon Musk Is Back at Tesla, but the Magic Might Be Gone

Elon Musk and Tesla. Tesla and Elon Musk. The future of America’s largest electric vehicle manufacturer has always been tied to its charismatic and controversial CEO. Conversely, a significant portion of the self-described Techno King’s immense fortune is built on Tesla. Their destinies are linked. As Musk goes, so goes Tesla. A month after his chaotic exit from the Trump administration, the CEO has returned to the company full time, attempting to stabilize a brand whose reputation has been bad

Tesla's IPO was 15 years ago. The stock is up almost 300-fold since then

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT CEO of Tesla Motors Elon Musk waves after ringing the opening bell at the NASDAQ market in celebration of his company's initial public offering in New York June 29, 2010. Brendan McDermid | Reuters At the time of Tesla's IPO 15 years ago, the company had generated roughly $150 million in revenue in its lifetime. That came almost entirely from the Roadster, a two-seat electric sportscar that boasted a range of 236 miles on a s

‘We are the media now’: why Tesla’s robotaxis were dominated by Elon Musk superfans

Over the years, Tesla has built part of its reputation on hosting big, bold events to generate authentic hype for upcoming releases. The robotaxi launch in Austin, Texas, last week wasn’t one of them. Coverage of the rollout was dominated by a close-knit cohort of Tesla influencers and Elon Musk superfans, many of whom are openly supportive of the CEO’s vision. Journalists and tech bloggers who might have been more critical of the technology were not only excluded but also actively ridiculed an

Tesla says it made its first driverless delivery of a new car to a customer

Tesla CEO Elon Musk said the automaker completed its first driverless delivery of a new car to a customer, routing a Model Y SUV from the company's Austin, Texas, Gigafactory to an apartment building in the area on June 27. The Tesla account on social network X, which is also owned by Musk, shared a video overnight showing the Model Y traversing public roads in Austin, including highways, with no human in the driver's seat or front passenger seat of the car. Tesla did not say which version of

Tesla shows off its first fully autonomous delivery to convince us its self-driving cars work well

Tesla's robotaxi service may have had some early hitches, but the company said it just successfully delivered a car autonomously. Using the same robotaxi technology, Tesla showed the delivery process of a Model Y from its Gigafactory Texas in Austin to a customer with a roughly 30-minute journey as seen in a video posted on X. Unlike the robotaxi service launch last week, the automated delivery had no safety monitor, nor anyone behind the wheel. Tesla's CEO, Elon Musk, also posted on X that the

Tesla shows off its first fully autonomous delivery to convince us its self-driving cars work

Tesla's robotaxi service may have had some early hitches, but the company said it just successfully delivered a car autonomously. Using the same robotaxi technology, Tesla showed the delivery process of a Model Y from its Gigafactory Texas in Austin to a customer with a roughly 30-minute journey as seen in a video posted on X. Unlike the robotaxi service launch last week, the automated delivery had no safety monitor, nor anyone behind the wheel. Tesla's CEO, Elon Musk, also posted on X that the

Decoding Tesla’s New “Fully Autonomous” Car Video—and What It Isn’t Telling You

Elon Musk’s Tesla has dropped a 30-minute video designed to electrify fans and stir debate. Posted on June 28, the clip shows what Musk claims is a historic milestone: the first Tesla Model Y to drive itself from factory to customer home, without a person inside, and without remote operation. “The first fully autonomous delivery of a Tesla Model Y from factory to a customer home across town, including highways, was just completed a day ahead of schedule!!” Musk posted on X (formerly Twitter) on

Tesla’s Viral ‘Autonomous’ Car Delivery Video Is Splitting the Internet

Elon Musk loves a show. Tesla’s marketing machine thrives on spectacle, and on June 27, the company delivered another bold display: a 30-minute video purporting to show the first-ever fully autonomous delivery of a Tesla vehicle, no driver, no remote control. “The first fully autonomous delivery of a Tesla Model Y from factory to a customer home across town, including highways, was just completed a day ahead of schedule!!” Musk posted on X. In a follow-up, the billionaire CEO escalated the hyp

Tesla says it delivered its first car autonomously from factory to customer

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. This might be a bigger deal than the robotaxis. 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 neighborho

Tesla recently lost two key execs

is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Yesterday, reports from Forbes and CNBC said that Musk had fired Omead Afshar, who formerly led operations in North America and Europe and was a close confidant of Musk’s. (Bloomberg and The Wall Street Journal also reported that Afshar left the company, but did not say he was fired.) The firing follows a major slump in sales for Tesla’s automotive business – last quarter, rev

As Tesla Crumbles, Elon Musk Just Fired One of His Top Supporters at the Company

Tesla CEO Elon Musk has fired the automaker's vice president of manufacturing and operations Omead Fashar, Forbes reports, amid plummeting sales and public backlash against the company. Fashar was one of Musk's closest confidants and a powerful executive at the company, according to Bloomberg, which reported that Fashar had departed but didn't say that Musk was behind the personnel change. The exact reason for his departure isn't clear, although one can make an educated guess based on the broad

While Tesla's Robotaxi Program Crumbles, Its Sales Are Falling Apart

Tesla's sales in Europe have officially plummeted for the fifth month in a row in May, delivering a staggering blow to its investors. Per ABC, Tesla's automotive sales dropped a further 28 percent last month across 30 European countries, despite a booming demand for EVs from other manufacturers. As Elon Musk's pet company falters, other companies are making out bigtime. For example, China's SAIC sold over 18,000 vehicles across Europe in May, while Tesla didn't even break 9,000, according to A

TechCrunch Mobility: The Tesla robotaxi Rorschach test and Redwood’s next big act

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Less than a week ago, Tesla robotaxis began rolling out and giving rides to invited customers in Austin. As Sean O’Kane and I wrote this week, the rollout is the first big test of CEO Elon Musk’s belief that it’s possible to safely deploy fully autonomous vehicles using just cameras and end-to-end AI — an approach that differs from

The First Week of Tesla's Robotaxis Has Been a Disaster

While autonomous vehicle companies like Waymo and Baidu clock hundreds of thousands of self-driving taxi trips, Tesla is lagging far behind. We're now one week into the EV giant's robotaxi pilot in Austin — a program Elon Musk has teased for over a decade — and it's going about as horribly as expected. Citizens who've braved the robotaxi program have flooded social media this week with videos and tales of their harrowing experiences. The footage ranges from one Tesla veering into an oncoming l

Tesla loses key execs but hires a new one from GM’s failed robotaxi company

is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. There’s some executive shuffling going on at Tesla. Two key leaders have left recently – one of them being fired by CEO Elon Musk – but the company also hired an exec from Cruise, GM’s failed robotaxi company. Yesterday, reports from Forbes and CNBC said that Musk had fired Omead Afshar, who formerly led operations in North America and Europe and was a close confidant of Musk

As Tesla sales fall, Elon Musk fires top manufacturing executive

What just happened? What is a CEO to do when a company's sales continue to fall? If you're Elon Musk, the answer is to fire your vice president of manufacturing and operations in North America and Europe. Omead Afshar was promoted to the role in 2024, having joined the company in 2017 and spending years working in "the office of the CEO." After Bloomberg reported that Afshar had left the EV giant, Forbes wrote that he had been fired by Musk. The billionaire had previously praised Afshar for lea

As Tesla Sales Plummet in the U.S. and Europe, Elon Reportedly Fires His Top Salesman

Elon Musk has fired Omead Afshar, the head of Tesla’s sales and manufacturing operations in North America and Europe, multiple outlets reported Thursday. The apparent expulsion of the top exec comes as the billionaire’s car company flounders under plummeting sales in both the U.S. and the EU. Afshar, who was considered one of the more senior executives at the company, reported directly to Musk and has also worked at Musk’s rocket company, SpaceX. On Thursday, Bloomberg reported that Afshar had

Elon Musk reportedly fired a key Tesla executive following another month of flagging sales

Elon Musk has reportedly fired Omead Afshar, Tesla's head of manufacturing and operations in North America and Europe, according to Forbes. Both CNBC and Bloomberg corroborated the report. Afshar's exit follows Milan Kovac, the head of engineering on Tesla's Optimus robot, who left the company in early June. Afshar was promoted to the role last year, Bloomberg reports, after working for multiple different Musk-owned companies since 2017. The timing of his exit isn't particularly surprising give

Tesla Robotaxi Safety Monitor Forced to Clamber Into Driver's Seat and Take Over, Passenger Says

Earlier this year, Elon Musk promised that Tesla's robotaxis would launch offering fully "unsupervised" rides with "no one in the car." That turned out to be a lie. And less than a week into the robotaxi service's debut, which is currently limited to a tiny geofenced area in Austin, Texas, it's already become apparent that the self-driving cars are very much reliant on the human supervisors — or "safety monitors" — that Musk was adamant he wouldn't need. In an incident shared on Wednesday, a p

Tesla head of manufacturing Omead Afshar fired by Elon Musk

Elon Musk, chief executive officer of Tesla Inc., and Omead Afshar, left, leave an event at the site of the company's manufacturing facility in Shanghai, China, on Monday, Jan. 7, 2019. Tesla CEO Elon Musk has fired Omead Afshar, the automaker's vice president of manufacturing and operations, CNBC has confirmed, following declines in car sales in key markets this year. Afshar, who reported directly to Musk, led a team of more than a half-dozen high level employees, according to internal organi

Elon Musk reportedly fires Tesla’s top sales exec

Omead Afshar, Tesla’s vice president in charge of sales and manufacturing in North America and Europe, has reportedly been fired by CEO Elon Musk, according to Forbes. It’s not immediately known why Musk fired Afshar, who was one of his top lieutenants and closest confidants at the company. Afshar, Musk, and Tesla did not respond to requests for comment. Afshar’s departure was first reported by Bloomberg News. Afshar was posting support for the limited rollout of Tesla’s robotaxi service in Au

Texas Lawmakers Want More Control of the Tesla Robotaxis on Their Roads

As a small number of Tesla robotaxis continue to pick up and drop off a select few Tesla influencers in Austin, Texas, a state legislator who represents part of the electric automakers’ limited service area says she’s concerned the cars’ driving is “less reliable” than the typical human driver. Videos posted online show some “moving violations” that “could be very serious,” state senator Sarah Eckhardt, a Democrat who represents Texas’ 14th district, told WIRED in an interview. “My constituency

Video Shows Tesla "Safety Monitor" Hitting Panic Button as Robotaxi Becomes Confused on Public Road

That could've been a lot worse. Tesla's extremely questionable Robotaxi launch has already seen some of its cars violate traffic laws. Now, new footage shows a Tesla robotaxi screwing up so badly that its human "safety monitor" is forced to hit the panic button — which is actually a touchscreen menu, in true tech industry fashion — heaping even more scrutiny onto the self-driving vehicles' capabilities. The footage, spotted by Teslarati, was taken by pro-Tesla influencer and investor Dave Lee