Musk hijacks Tesla earnings call to pitch US$1 trillion pay plan
[AUSTIN, Texas] Elon Musk, the world’s richest person, spent the end of Tesla’s earnings call pleading with investors to ratify his upcoming US$1 trillion pay package and blasting the…
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Tesla
Tesla earnings miss despite record third-quarter sales surge
Investors have largely bought into Musk’s vision, driving the shares up 8.7% so far this year Tesla’s profit plunged more than expected as sharply rising costs undercut a record quarter of…
WIRED Roundup: Satellites Data Leak, Cybertrucks, Politicized Federal Workers
Zoë Schiffer: Yeah, I mean, I was talking to someone before these recent layoffs who'd worked at the CDC previously and had been pretty involved in efforts to study the impact of certain…
Spit On, Sworn At, and Undeterred: What It’s Like to Own a Cybertruck
Then I got my wife the Model S for Christmas. I started driving that around, and I'm like, I kind of like this. I put an order back in for the Cybertruck and I started building the…
A Plan to Rebuild Gaza Lists Nearly 30 Companies. Many Say They’re Not Involved
A sweeping plan to reconstruct Gaza, which has been shared with Trump administration officials, features the names and logos of more than two dozen companies—some of which tell WIRED they…
New Rules Could Force Tesla to Redesign Its Door Handles. That’s Harder Than It Sounds
The issues could cascade beyond the design. The auto manufacturing industry operates on strict production schedules. Though it builds in time to validate and test whatever new features…
Tesla took its shot—and missed
Too late. Too expensive. Too bland. Too antiquated. Too much of the same. There are just too many toos when it comes to Tesla’s new“cheap” cars, which the company announced on Oct. 7. Its…
Tesla debuts ‘affordable’ Model Y and 3 that strike some as too expensive
Musk has been pivoting the company towards artificial intelligence, focusing on robotaxis and humanoid robots, but the new cars are key to hopes of near-term revenue growth Tesla rolled…
Tesla now has cheaper Model Y and 3 cars, but are they still too expensive?
Tesla rolled out “affordable” versions of its best-selling Model Y SUV and its Model 3 sedan, but the starting prices of $39,990 and $36,990 struck some as too high to attract a new class…
Tesla teases Tuesday event as focus shifts to affordable EVs
The teaser follows Tesla’s record quarterly deliveries for the three months ended September [AUSTIN, Texas] Tesla on Sunday (Oct 5) teased an Oct 7 event, as investors and analysts await a…
This week in business: Taylor Swift, Tesla, and some cleaner Walmart snacks
This week brought a mix of serious headlines and splashy moves. On one end, regulators and retailers are making decisions that could directly affect your wallet and grocery cart—from FICO…
Why Are Car Software Updates Still So Bad?
Despite years of effort and the outlay of billions of dollars, none of the world’s automakers have yet to match Tesla’s prowess in delivering over-the-air (OTA) software updates. Just like…
Why are buyers returning to Tesla?
Tesla electric vehicle sales jumped last quarter, as buyers rushed to take advantage of an expiring federal tax credit. The company’s EV sales rose 7% in the three months through September…
Tesla sales surge to record on rush to snag US tax credit
The deliveries tally offers a preview of the earnings results the company will report Oct 22 Tesla reported a surprise increase in quarterly vehicle sales as US consumers accelerated…
BYD outsells Tesla in EU for second month, Stellantis returns to sales growth
CHINESE EV maker BYD sold three times as many new cars in the European Union last month than in August 2024, surpassing US competitor Tesla for the second consecutive month, data from the…
Nissan revamps ProPilot to rival Tesla driver-assist technology
Nissan Motor is on a mission under new chief executive officer Ivan Espinosa to rebuild its business. Refreshing its lineup is a key part of that, but so is winning back customers who…
Tesla is redesigning door handles that drew safety scrutiny
The carmaker vehicles are equipped with interior manual releases, but the locations can be difficult to find, particularly for passengers in the rear seats Tesla is working on a redesign…
The reason Tesla shares are climbing has nothing to do with cars
Shares in Tesla Inc. (Nasdaq: TSLA) are finally positive again for the year, after the company’s stock price closed up nearly 3% yesterday to $410.04. The company’s stock price is up…
US: Wall Street opens higher as Fed meeting week begins; Tesla climbs
Wall Street indexes opened slightly higher on Monday (Sep 15), setting the stage for a week dominated by the Federal Reserve’s policy meeting, while Tesla shares gained following CEO Elon…
How does Tesla get to US$8.5 trillion value? Robots, robotaxis and hope
How can Tesla become an US$8.5 trillion company? That is the market valuation the electric vehicle maker would have to reach to justify CEO Elon Musk’s new pay package announced last week.…
Tesla market share in US drops to lowest since 2017 as competition heats up
The falling share reveals the company’s increasingly difficult choice of supporting sales using higher, profit-destroying incentives for buyers or maintaining profits and giving up market…
Tesla Board Proposes $1 Trillion Pay Package That Could Make Elon Musk the First Trillionaire
Elon Musk, Tesla CEO, is on track to become the world's first trillionaire. The company's board revealed a huge new pay package that could lead to Musk and Tesla being paid $1 trillion if…
Elon Musk’s $1 trillion Tesla pay package: Here are the major caveats
The world’s richest man, Elon Musk, stands to get a lot richer in the decade ahead—perhaps. That’s because his largest and only publicly traded company has put together a proposal that, if…
Tesla offers unprecedented US$1 trillion pay package to Musk
Tesla proposed a new compensation agreement for chief executive officer Elon Musk potentially worth around US$1 trillion, a massive package without precedent in corporate America. The…