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

news.ycombinator.com Tim De Chant 2025-08-16 04:38:14

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 2025-08-16 13:35:17

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 2025-08-16 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 2025-08-17 01:07:51

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 2025-08-17 05:30:49

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 2025-08-17 05:16:39

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 2025-08-17 05:27:13

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 2025-08-17 09:29:44

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 2025-08-17 09:21:48

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

techcrunch.com Sean O'Kane 2025-08-17 09:14:13

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

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

gizmodo.com Lucas Ropek 2025-08-17 13:50:10

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

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

cnbc.com Lora Kolodny 2025-08-17 21:29:51

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

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

futurism.com Unknown 2025-08-19 00:54:20

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

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

futurism.com Unknown 2025-08-20 08:51:55

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

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

futurism.com Unknown 2025-08-20 12:16:37

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

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

techcrunch.com Sean O'Kane 2025-08-20 17:06:25

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

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

gizmodo.com Luc Olinga 2025-08-21 17:49:29

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

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

cnbc.com Ari Levy Lora Kolodny 2025-08-22 05:00:01

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

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

theverge.com Mack Degeurin 2025-08-22 06:30:00

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

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

cnbc.com Lora Kolodny 2025-08-22 05:51:52

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

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

engadget.com Unknown 2025-08-22 01:38:05

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

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

engadget.com Unknown 2025-08-22 06:38:05

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

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

gizmodo.com Luc Olinga 2025-08-22 02:50:31

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

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

gizmodo.com Luc Olinga 2025-08-22 05:16:07

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

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

theverge.com Andrew J. Hawkins 2025-08-22 03:51:44

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

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Tesla recently lost two key execs

theverge.com Jay Peters 2025-08-22 17:15:18

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

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

futurism.com Unknown 2025-08-23 00:12:30

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

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

futurism.com Unknown 2025-08-23 04:10:03

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

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

techcrunch.com Kirsten Korosec 2025-08-23 05:45:00

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

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

futurism.com Unknown 2025-08-23 08:12:18

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

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Latest Tech News

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Tesla recently lost two key execs

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

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

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

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

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