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

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

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

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

Elon Musk’s X Is Turning Community Notes Over to AI

Artificial intelligence chatbots are known for regularly offering dubious information and hallucinated details, making them terrible prospects for the role of fact-checker. And yet, Elon Musk’s X (née Twitter) plans to deploy AI agents to help fill in the gaps on the notoriously slow-reacting Community Notes, with the AI-generated notes appearing as soon as this month. What could possibly go wrong? The new model will allow developers to submit AI agents to be reviewed by the company, according

Tesla deliveries fall for second quarter in a row

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

Tesla deliveries drop 14 percent amid Musk backlash

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

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

Congress just greenlit a NASA moon plan opposed by Musk and Isaacman

Legacy aerospace giants scored a win Tuesday when the U.S. Senate passed President Trump’s budget reconciliation bill that earmarks billions more for NASA’s flagship Artemis program. The $10 billion addition to the Artemis architecture, which includes funding for additional Space Launch System rockets and an orbiting station around the moon called Gateway, is a rebuke to critics who wished to see alternative technologies used instead. Among those critics are SpaceX CEO Elon Musk and billionaire

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

Trump Was Just Asked If He’ll Deport Elon Musk

War has now been declared between President Donald Trump and Elon Musk. The alliance between the two powerful men has shattered, and their escalating feud has now reached a stunning new level: Trump was asked on Tuesday if he would deport Musk, who was born in South Africa but became a U.S. citizen in 2002. “Are you going to deport Elon Musk?” a reporter asked the president. “I don’t know,” Trump responded, before adding ominously, “We’ll have to take a look.” He then threatened to use a weap

14 Million People Could Die in Next 5 Years Due to USAID Cuts, Study Finds

Elon Musk’s wood-chipping of the United States Agency for International Development (USAID) is poised to leave piles of bodies behind in its wake, a new study suggests. Scientists have calculated that recent funding cuts to USAID could lead to millions of preventable deaths worldwide over the next half-decade. An international group of researchers conducted the study, published Monday in the Lancet. They estimated that USAID funding in developing countries has helped save dozens of millions of

GOP wants EV tax credit gone; it would be a disaster for Tesla

The Republican Party's opposition to tax credits for electric vehicles has stepped up a notch. As its members in the US Senate add their input to the budget bill that came from their colleagues in the House of Representatives, among the changes they want to see is a faster eradication of the IRS clean vehicle tax credit. The tax credit provides up to $7,500 off the price of an EV as long as certain conditions are met, and the language from the House would have given it until the end of the year.

The Download: tripping with AI, and blocking crawler bots

2 Apple is considering using rival AI tech to bolster Siri In a massive U-turn, it’s reported to have held talks with Anthropic and OpenAI. (Bloomberg $) + Apple seems to have accepted that its in-house efforts simply can’t compete. (The Verge) 3 DOGE has access to data that may boost Elon Musk’s businesses His rivals are worried their proprietary information could be exposed. (WP $) + Donald Trump has floated tasking DOGE with reviewing Musk’s subsidies. (FT $) + Relations between Musk an

Elon Musk's xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI

Elon Musk announced his new company xAI, which he says has the goal to understand the true nature of the universe. XAI, the artificial intelligence startup run by Elon Musk, raised a combined $10 billion in debt and equity, Morgan Stanley said. Half of that sum was clinched through secured notes and term loans, while a separate $5 billion was secured through strategic equity investment, the bank said on Monday. The funding gives xAI more firepower to build out infrastructure and develop its G

Topics: ai billion grok musk xai

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

Elon Says He’s Launching ‘the America Party’ to Compete With Democrats and Republicans If Budget Bill Passes

Elon Musk is threatening to launch his own political party called the America Party if President Donald Trump’s so-called “Big Beautiful Bill” passes. And while the billionaire oligarch already suggested the idea almost a month ago after his falling out with Trump, he seems serious this time. “If this insane spending bill passes, the America Party will be formed the next day,” Musk tweeted on Monday. “Our country needs an alternative to the Democrat-Republican uniparty so that the people actual

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

Trump says he’s found a buyer for TikTok

In Brief A group of “very wealthy people” is set to buy short-form video app TikTok, according to President Donald Trump. “We have a buyer for TikTok, by the way,” Trump said in a Fox News interview on Sunday morning. “I think I’ll need probably China’s approval. I think President Xi [Jinping] will probably do it.” Trump declined to share more details about the buyers, saying only that he would reveal their identities in two weeks (apparently his favorite unit of time). Trump has repeatedly

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 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

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

SpaceX crane collapse in Texas being investigated by OSHA

The SpaceX Starbase industrial complex and rocket launch facility in Boca Chica, Texas, US, on Thursday, April 17, 2025. A SpaceX crane collapse at the company's Starbase, Texas facility on Tuesday has prompted an investigation by the Occupational Safety and Health Administration, the federal agency told CNBC in an email. The crane collapse was captured in a livestream by Lab Padre on YouTube, a SpaceX-focused channel. Clips from Lab Padre were widely shared on social media, including on X, wh

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 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