Tesla
Tesla ended a roller coaster year with its sales going into reverse.Elon Musk’s automaker said on Friday that it sold 418,227 electric vehicles in the fourth quarter, down by 15.6% from the same period in 2024.It means Tesla’s annual sales have declined for the second consecutive year, and that Chinese rival…
Tesla is going all in on its “Robotaxi” service — and putting factory workers and sales staff in drivers’ seats to make it happen.The electric-car maker has started recruiting workers off factory lines to operate its ride-hailing fleet. Tesla is offering production associates and material handlers extra hours and pay…
Tesla has scaled its California “Robotaxi” program at a lightning-fast pace.To date, the automaker has registered 1,655 vehicles for its ride-hailing service in the state, a spokesperson from the California Public Utilities Commission told Business Insider. The company has registered 798 drivers, the spokesperson said.That’s up from 28 cars and…
This as-told-to essay is based on a conversation with Spencer Penn, the 33-year-old founder of LightSource, who lives in San Francisco. It’s been edited for length and clarity.I moved to California 10 years ago, back when Tesla was a boutique car business. We were making 1,000 vehicles a week.My friends…
Michael Burry is taking on a who’s who of the world’s biggest tech giants — and now he’s picking a fight with Elon Musk.The investor of “The Big Short” fame called Tesla “ridiculously overvalued” in a post on his Substack released late Sunday evening, after previously disclosing bets against Nvidia…
After Sunday Robotics emerged from stealth mode last week, it revealed a team stocked with Tesla alums.At least 10 former Tesla employees work at the robotics startup, including several longtime employees who were involved in Tesla’s humanoid robot and self-driving efforts, according to a LinkedIn analysis.Perry Jia, who worked on…
Automakers are constantly learning from their competitors in China. Tesla, one of the leading EV companies, is no exception.Jon McNeill, the former president of Tesla’s global sales and marketing who now sits on General Motors’ board, told Business Insider that Tesla has torn down Chinese EVs and that the lessons…
This as-told-to essay is based on a conversation with Arlina Yang, a junior at the University of California, Davis. This interview has been edited for length and clarity. Business Insider has verified Yang’s employment history.I came to the US in 2019. As an immigrant from Taiwan going to UC Davis,…
“Nobody ever changed the world on 40 hours a week,” Elon Musk once said.That was back in 2018 as Tesla ramped up production of its Model 3 sedan. He and his employees pulled 100-hour work weeks to keep the company alive.Musk called this “production hell,” and it requires “hardcore” execution.…
