Tesla Stock Is Up. Board Needs to Act
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In March, the Star broke the story that Tesla claimed $43 million in EV rebates on the last weekend before the Canadian government abruptly shut down its public subsidy program.
ArcBest officials said a recent electric semi-truck test indicates “meaningful progress” in the technology, but more evaluation is needed before the Fort Smith-based shipping and logistics company adds the
ArcBest said Wednesday that it has completed a pilot program evaluating the effectiveness of a long-range electric semi-truck.
Tesla reported its second quarter of underwhelming sales in a row on Wednesday.Elon Musk's automaker could really use its long-promised affordable EV right now.Tesla said it would start making cheaper models in the first half of 2025,
Shares of Tesla tumbled 8% at the opening bell Monday as the feud between CEO Elon Musk and Trump reignited over the weekend.Musk, once a top donor and ally of Trump, announced that he was forming a third political party in protest over the Republican spending bill that passed late last week.
Less-than-truckload carrier ABF Freight ran a battery-electric Tesla Semi in a three-week pilot program, finding progress in heavy-duty BEVs in some areas but improvement needed in others.
Detroit automaker General Motors has accelerated EV sales and market share while Texas-based Tesla cratered this spring due to criticism of Musk.
Tesla, the electric vehicle maker led by Elon Musk, saw global sales drop 13.5%, marking the second consecutive quarter with double-digit declines.
Tesla stock is sliding on Monday after CEO Elon Musk's latest foray into politics, and Wall Street is growing concerned over the loss of EV tax and regulatory credits stemming from Trump's "One Big Beautiful Bill.
Tesla Inc. is slated to report sales for its April-June quarter next week, following first-quarter earnings that were a big miss for the EV maker and several reports of sales weaknesses in Europe and elsewhere.
The VW brand shifted almost 193,000 electric vehicles, passing Tesla in Europe. Tesla recently revealed its global sales declined by 14 percent in January-June. What a difference a couple of years can make.