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Germans Are Buying More Electric Vehicles — but Tesla Is Losing Ground
In a sharp twist of irony, while electric vehicle (EV) adoption is accelerating in Germany and across Europe, Tesla—the company long credited with sparking the global EV movement—is rapidly losing market share. According to new data from Germany’s Federal Motor...
Tesla Faces Mounting Cybertruck Inventory Amid Sluggish Demand
Tesla’s ambitious Cybertruck program appears to be facing mounting challenges as new inventory in the U.S. has ballooned to over 10,000 units—marking a record high and stoking concerns about slowing demand. In early April, estimates suggested Tesla had around 2,400...
Tesla Faces Brand Struggles Despite Elon Musk’s Pledge to Refocus
Tesla CEO Elon Musk recently announced he would reduce his political engagements to refocus on the electric vehicle brand after a turbulent period. During a Tuesday earnings call, Musk assured investors that his involvement with the Department of Government Efficiency...
Tesla Brand Loyalty Declines: Trade-Ins Surge 250% in March as Americans Turn Away from Elon Musk
A growing number of U.S. consumers are abandoning Tesla. What does this mean for the company's future and the competitive EV landscape? Tesla Trade-Ins Reach Record High in California According to Edmunds, Tesla owners traded in a record number of...
Elon Musk Confirms HW3 Self-Driving Computers Must Be Replaced—Retrofit Limited to FSD Buyers
Tesla CEO Elon Musk has officially acknowledged that the company must replace the HW3 self-driving computer in its vehicles to meet the promised Full Self-Driving (FSD) capabilities—confirming a significant limitation in millions of Teslas produced since 2019. After years of...