Tesla Stock Surges On Earnings: “Millions of Cars with Full Self-Driving Can Be Sold At 100% Gross Margin”

Tesla (TSLA) reported mixed fourth-quarter results Wednesday, topping earnings estimates while missing on revenue views. Tesla stock still jumped in overnight trade as CEO Elon Musk was bullish about ...

Forget The Market—You Should Have Invested In These Vintage Cars For Maximum Returns

The racy Porsche Carrera GT from 2004-2006, rose in value last year by a whopping $483,680, up to a … [+] cool $1,375,561. Getty Images As with fishing, when it comes to investing there’s always...

Elon Musk Accuses Two Influential Firms of Controlling the Stock Market

Elon Musk likes to attack circles of power. It’s as if he’s on a mission. Nothing seems to motivate him more than slapping a revered institution or icon. He seems to be committed to challe...

Could BYD Outpace Tesla If They Sold In North America?

LightRocket via Getty Images Key takeaways BYD is China’s largest manufacturer of electric vehicles (EVs). The company is outpacing Tesla in sales, selling 1.62 million cars between January and Novemb...

7 EVs That Cost Less Than the Average New Car After Tax Credits

Electric vehicle buyers in the U.S. can now get a purchase tax credit from the government, and it has pushed the price of several high-volume EVs below the average price paid for a new car in America....

7 EVs That Qualify for a Tax Credit—and Cost Less Than the Average New Car

Electric vehicle buyers in the U.S. can now get a purchase tax credit from the government, and it has pushed the price of several high-volume EVs below the average price paid for a new car in America....

Elon Musk Fires Back at a Top Executive

Elon Musk is unpredictable.  Few would anticipate the actions and reactions of the serial and whimsical entrepreneur.  Take the latest example: On Jan. 13 the electric-vehicle-market leader Tesla  (TS...

The Slump In Tesla’s Share Price Does Not Reflect The Bright Future For Electric Vehicles

SHANGHAI, CHINA – MAY 15: A total of 4,027 Tesla Model Y and Model 3 electric vehicles, which will … [+] be sent to the Port of Zeebrugge in Belgium, wait to be loaded on board the roll-on...

Cybertruck Could Boost Revenue, Says Big Tesla Investor

Tesla CEO Elon Musk has made several promises recently, including the production of the long-awaited Cybertruck and finding a replacement for Twitter’s top executive. Investors will likely have ...

$26m crypto fraudsters busted buying cars for strangers

Four individuals have been sentenced to a total of 15 years in prison for their involvement in a multi-million pound cryptocurrency fraud. The group — led by ringleader James Parker — exploited a vuln...

All The Top Ad Reveals Including Marvel Ant-Man And Jack Harlow Love Triangle

Paul Rudd stars in Heineken x Marvel Ant-Man Super Bowl 2023 ad Courtesy of Heineken USA Super Bowl LVII is right around the corner, and with more than 100 million people expected to watch, brands are...

Crypto thieves give away cars after stealing too much bitcoin

Criminals behind a UK-based bitcoin scam bribed authorities, bought luxury properties with suitcases full of cash, and handed out thousands of pounds to people in the street after making “more money t...

Tesla Gives Consumers a Good Reason to Buy EVs

U.S. consumers wanting to buy electric vehicles can smile. Tesla  (TSLA) – Get Free Report and Chief Executive Elon Musk have just made a decision that will put them back in the driver’s s...

Elon Musk and Tesla Give Consumers a Good Reason to Buy EVs

U.S. consumers wanting to buy electric vehicles can smile. Tesla  (TSLA) – Get Free Report and Chief Executive Elon Musk have just made a decision that will put them back in the driver’s s...

Are high car prices the new normal? If you’re waiting to buy a car, stand firm, experts say—it may pay off.

The roller coaster economic ride that began with the emergence of COVID-19 in early 2020 has reshaped how car buying works. Will it ever get back to what we might call “normal?” Brian Finkelmeyer, sen...

Tesla shares under pressure after EV maker slashes prices of Model 3 and Y cars in the U.S.

Shares of Tesla Inc. were under pressure in early trading on Friday after the electic-car maker announced price cuts for its Model 3 and Model Y cars, with discounts in some cases of nearly 20%, as th...

Tesla Has Too Many Cars to Sell. It Needs to Cut Prices.

Tesla has a new problem. U.S. inventories of its popular Model Y are ballooning because of tax-credit confusion. There is a solution to its electric-vehicle glut, though. Inventories of Model Y SUV ar...

His Human Trafficking Charges Explained And A Timeline Of The Social Media Star’s Controversies

Topline Here’s a timeline of how social media personality and ex-kickboxer Andrew Tate, known for misogynistic hate speech, found himself potentially facing years in prison for human trafficking, whil...

Rolls-Royce Hits a Milestone Not Seen In 119 Years

During tough economic times, luxury car sales are largely unaffected. Some customers have been waiting more than 12 months for a Lamborghini SUV while Ferrari had to cut off orders of its ultra-luxury...

Dale Earnhardt Jr. Hopes CARS Tour Ownership Impacts His Other Investments In A ‘Great Positive Way’

NORTH WILKESBORO, NC – AUGUST 31: Dale Earnhardt Jr. (3) speeds down the front stretch in his Sun … [+] Drop car during the Cars Tour LMSC 125 on Aug 31, 2022, at the North Wilkesboro Spee...

Elon Musk Sends Subtle Message to Disenchanted Tesla Shareholders

Elon Musk is used to facing critics, haters and detractors.  He even likes these battles very much.  Sometimes he even tends to provoke his supposed enemies. The Techno King, as he’s known at Te...

America’s top 10 bestselling cars of 2022: Tesla makes the cut

A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT —...

The New EV Tax Credits Don’t Make Sense

Finally something the left and the right can agree on. The U.S. government electric-vehicle new purchase tax credits don’t make sense. At least the government is now accepting ideas on how to fix the ...

From Color Changing Cars To Self-Driving Strollers

BMW i Vision Dee color-changing concept car at CES 2023 BMW After three long years of pandemic, one of the world’s largest tech shows made a stunning come back this week as CES lit up Las Vegas with a...

China’s Nezha Delivered More Cars than Nio in 2022

Despite the persisting coronavirus pandemic that led to shutdowns in China, the Chinese electric car market is still bubbling. Nezha, an upstart Chinese electric car company, claimed that it delivered...

Tesla Calling Its Cars ‘Full Self-Driving’ May Run Afoul Of New California Law

  Illustration by Fernando Capeto for Forbes; Photos by Mike Coppola/Getty Images; Artur Widak/NurPhoto/Getty Images The electric vehicle company’s continued marketing of its Full Self-Driving option—...

Stellantis, Archer aim to deliver electric flying cars by 2025

Stellantis is leaning into its bet on a future that includes flying cars. The Chrysler maker is doubling down on its commitment to help Archer Aviation produce its first batch of electric flying vehic...

Tesla Rival Rivian Narrowly Misses Its Bet

It’s a horrible year that ends on a false note.  But this is not really a surprise either for investors or for Rivian shareholders.  The upstart, seen as one of Tesla’s most serious rivals...

Upstart Chinese electric car brand delivered more cars than Nio in 2022

A pink Nezha V and black Nezha U Pro electric car models are on display at a store in Shanghai on Nov. 7, 2021. Costfoto | Future Publishing | Getty Images BEIJING — Another budget-priced electric car...

Nvidia in Pact With Foxconn to Build Autonomous Cars

Getting a jump on the parade of announcements to come at this week’s CES tech trade show in Las Vegas, the graphics and AI chip company Nvidia gave an unofficial virtual keynote presentation Tuesday m...

Tesla Delivers Record 405,278 Cars in Quarter But Misses Target

(Bloomberg) — Tesla Inc. delivered fewer vehicles than analysts expected last quarter, missing estimates despite taking the unusual step of offering hefty incentives in its two biggest markets. ...

Ten Things Elon Musk Needs to Do to Fix Tesla

Tesla had a bad year 2022.  On the stock market, it was a real nightmare.  Tesla stock lost more than 65% of its value to end the year at $123.18. It had started 2022 at $352.26. This fall translates ...