During Tesla’s 2025 fiscal year earnings call, CEO Elon Musk announced that the company will “basically stop production” of its flagship Model S and Model X vehicles next quarter. Characterizing the move as an “honourable discharge,” Musk explained that Tesla is pivoting away from traditional premium EVs to prioritize an autonomous and robotic future. While…
Tesla will discontinue the option to purchase its Full Self-Driving (FSD) package for a one-time $8,000 fee, transitioning the feature to a strictly subscription-based model after February 14. CEO Elon Musk announced the update on X, though he did not specify if the current pricing – presently $99 per month or $999 annually – will…
Tesla posted its fourth-quarter 2025 vehicle production and deliveries report on Friday, marking a second annual decline for Elon Musk’s automaker. Here are the key numbers: Total Q4 deliveries: 418,227 Total Q4 production: 434,358 Total 2025 deliveries: 1.64 million Total 2025 production: 1.65 million Wall Street expected 426,000 deliveries for the quarter, according to estimates compiled by StreetAccount….
Robotaxis felt like science fiction just a decade ago, but this year, autonomous vehicles became a commonplace option for paying passengers across big cities in the U.S. and parts of Asia. Alphabet-owned Waymo kept expanding and dominates the robotaxi market in the U.S., though rivals Tesla and Amazon-owned Zoox also launched the first versions of…
Toyota Motor Corp President Akio Toyoda gets out of a Tesla Motor’s Roadster electric car with Tesla Motors Chief Exective Officer Elon Musk (behind car) upon their arrival at a news conference in Tokyo November 12, 2010. Issei Kato | Reuters Eight years ago, Tesla CEO Elon Musk promoted a next-generation Roadster, basing the name of the…
The BYD Sealion 7 electric. Chinese multinational new energy vehicle (NEV) manufacturer BYD has made a multibillion-rand investment in expanding its operations in South Africa, as it looks to increase its market share in the local electric vehicle (EV) industry. BYD has set a target to, over the next year, open a dealership in every…
Tesla’s shares took a hit on Thursday, slumping despite the automaker reporting a record quarter for global vehicle deliveries. The company delivered 497,099 vehicles worldwide in the most recent quarter, a 7.4% increase year-over-year, and a figure that significantly beat the Bloomberg consensus analyst estimate of ∼439,600. Read: Sony ULT Field 5 Review: ULTimately Based…
Tesla vehicles are parked outside of a dealership on July 24, 2025 in Austin, Texas. Brandon Bell | Getty Images Tesla reported quarterly vehicle deliveries of 497,099 for the period ended Sept. 30, which coincided with the expiration of a key tax credit for buyers of electric vehicles in the U.S. Here are the key…
Tesla’s board of directors has proposed what could be the largest CEO compensation package in history, a move designed to secure Elon Musk’s long-term focus on the company. The plan, which could make Musk the world’s first trillionaire, is tied to a series of performance metrics that appear ambitious, if not far-fetched. Read: Nintendo surprises…
Tesla is reportedly shutting down its Dojo supercomputer project and disbanding the team responsible for it, a significant reversal in its in-house chip development efforts. According to sources familiar with the matter, CEO Elon Musk has ordered the project’s closure, and its leader, Peter Bannon, is leaving the company. Read: Bandwidth Blog & Smile 90.4FM…
