Tesla is pushing forward with a plan to build an electric big rig charging corridor stretching from Texas to California, despite being snubbed by a lucrative federal funding program that’s part of Biden’s Bipartisan Infrastructure Law. But the original scope of the project could still change, TechCrunch has learned. The company had been seeking nearly […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Tesla has spent around $200,000 on advertising through February on Elon Musk’s social media platform, X, after the CEO caved to shareholder pressure last year and said his company would “try a little advertising.” Since then, Tesla ads have showed up in places like Google search results and on YouTube. But it was also increasingly […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Tesla has ended discounts on inventory across its electric vehicle lineup — even as sales for EVs have flagged — as part of a larger and vague plan by CEO Elon Musk to “streamline the whole Tesla sales and delivery system.” “It has become complex and inefficient,” Musk wrote in a post on X, the […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Tesla’s layoffs and executive departures took a bite out of its share price this week. The well-known electric vehicle company shed around 10% of its staff, impacting an estimated 14,000 people or more. Two well-known executives also decided it was time to move on. In response to the news, shares of Tesla lost ground. The […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Two high-profile executives have departed Tesla the same day that the electric automaker laid off thousands of workers, TechCrunch has confirmed. Drew Baglino, Tesla’s SVP of Powertrain and Energy, and Rohan Patel, VP of Public Policy and Business Development, have left the company, Patel told TechCrunch. Patel said he decided to leave because of “[b]ig […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

The price cut comes a couple of weeks after Tesla launched a free one-month trial of FSD for every customer in the U.S. with a compatible Tesla. © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Given flagging sales of the company’s existing product line, a mass-market electric vehicle would be a welcome shot in the arm. © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Automakers reported auto sales for Q1 and, welp, turns out that pricing sure does matter if you want to […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Just hours after Elon Musk claimed Reuters was “lying” about Tesla’s plans to ditch its $25,000 low-cost EV and instead focus all its efforts on a robotaxi, the Tesla CEO announced on X that he would reveal said robotaxi in an event on August 8. The announcement comes as Tesla EV sales have lagged and […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more

Tesla is reportedly abandoning its plan to build a lower-cost EV, thought to be priced around $25,000, according to Reuters, despite that vehicle’s status as a pivotal product for the company’s overall growth. The company will instead focus its efforts on a planned robotaxi that is being built on the same small EV platform that […] © 2024 TechCrunch. All rights reserved. For personal use only ..read more