Tesla shares surge after Musk buys $1B in stock
On the Dash:
Elon Musk purchased $1 billion worth of Tesla stock on Sept. 12, marking his first buy since 2020.
Tesla shares jumped more than 6% in early trading...
TSLA362.86017.73%
GM87.9301.78%
F14.4100.42%
RIVN16.9700.96%
CYD39.8801.17%
HMC33.3700.77%
TM197.3505.11%
CVNA69.880-1.64%
PAG216.8700.32%
LAD370.7300.06%
AN199.490-0.6%
GPI261.850-1.97%
ABG214.810-0.56%
SAH77.450-0.33%
TSLA362.86017.73%
GM87.9301.78%
F14.4100.42%
RIVN16.9700.96%
CYD39.8801.17%
HMC33.3700.77%
TM197.3505.11%
CVNA69.880-1.64%
PAG216.8700.32%
LAD370.7300.06%
AN199.490-0.6%
GPI261.850-1.97%
ABG214.810-0.56%
SAH77.450-0.33%
TSLA362.86017.73%
GM87.9301.78%
F14.4100.42%
RIVN16.9700.96%
CYD39.8801.17%
HMC33.3700.77%
TM197.3505.11%
CVNA69.880-1.64%
PAG216.8700.32%
LAD370.7300.06%
AN199.490-0.6%
GPI261.850-1.97%
ABG214.810-0.56%
SAH77.450-0.33%
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One cashes out, one bets big: Barra and Musk signal different futures
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting the industry.
I’m...
Tesla’s U.S. EV market share falls to eight-year low amid rising competition
On the Dash:
Tesla’s U.S. EV market share fell to 38% in August, its lowest since 2017.
Competitors offering new EV models and steep incentives are outpacing Tesla’s sales growth.
...
Tesla proposed $1 trillion pay package for Musk tied to AI and robotaxi gains
On the Dash:
Tesla’s board proposed a $1 trillion pay package for Elon Musk, potentially granting him up to 12% of company stock and increasing his control over Tesla.
The...
GM delivers record EV sales, Musk bets on Optimus humanoid robot, Audi debuts Concept C electric sports car
Top Stories
U.S. EV sales set record in August as GM delivers over 21,000 EVs. Read More
Elon Musk ignores Tesla sales slump, places bets on Optimus humanoid robots. Read More
Audi debuts...
Elon Musk ignores Tesla sales slump, places bets on Optimus humanoid robots
On the Dash:
Elon Musk predicts that Optimus humanoid robots will eventually make up over 75% of Tesla’s value, with the company’s long-term growth tied heavily to AI and robotics.
...
Tesla appeals $242.5M wrongful death verdict over Autopilot crash
On the Dash:
Tesla is appealing a $242.5 million verdict in a wrongful death lawsuit, arguing damages should be reduced or overturned.
The case stems from a 2019 crash in...
Tesla faces 40% drop in European sales as BYD surges
On the Dash:
Tesla’s European sales dropped 40% in July, while BYD surged 225%, highlighting a shift in market dynamics.
Tesla struggles with aging models, delayed refreshes, reputational challenges, and...
Tesla hikes Cyberbeast price by $15K despite weak sales
On the Dash:
Tesla raised the price of the Cyberbeast, the top-level trim of the Cybertruck, by $15,000 to $114,900.
The Cyberbeast also comes with a new "Luxe Package" that...
Volkswagen bets on new EVs to revive growth after Dieselgate fallout
On the Dash:
Volkswagen is launching the ID.2all and 30 new EV models this year to boost global sales under CEO Oliver Blume.
The company is cutting costs, downsizing staff,...
