The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.
Category: Driverless and Semiautonomous Vehicles
-
Tesla Car Sales Dropped 9% in 2025, Falling Behind China’s BYD
As the largest maker of electric vehicles in the United States, Tesla suffered more than other carmakers from the elimination of federal incentives.
-
Tesla Robotaxis Are Big on Wall St. but Lagging on Roads
Shares of Tesla have hit new highs on optimism about the company’s self-driving taxis. But experts say Tesla is far behind Waymo, which has a big head start.
-
China Delays Plans for Mass Production of Self-Driving Cars After Accident
After years of planning for cars that would let drivers take their hands off the wheel and eyes off the road, China’s regulators have become more cautious.
-
Tesla Investors Back Musk’s Trillion Dollar Payday
Shareholders approved a plan to grant Mr. Musk shares worth nearly $1 trillion if he meets ambitious goals, including vastly expanding the company’s stock market valuation.
-
Control of Tesla Is at Stake in Vote on Elon Musk’s Pay Plan
Mr. Musk’s supporters say he may quit if shareholders don’t approve a trillion-dollar package. Some investors say it’s excessive and would give him too much sway.
-
Tesla Profit Falls 37% After It Cut Car Prices
The company sold more cars but made less money on each one because of discounts and low-interest loans.
-
Tesla Reveals Cheaper Versions of Model Y and Model 3
Elon Musk’s electric car company said the new versions would start at around $37,000 and $40,000, prices that bring its cars closer to comparable gasoline vehicles.
-
When a Driverless Car Makes an Illegal U-Turn, Who Gets the Ticket?
California approved a law last year allowing the police to cite autonomous vehicles, but it did not specify any penalties, and the law doesn’t take effect until 2026.
-
Elon Musk Buys $1 Billion in Tesla Stock as Board Defends His Pay
Tesla’s chief executive bought the stock after the company’s board proposed paying him nearly $1 trillion if he achieves certain performance goals.
-
Tesla Board Chair Defend’s Elon Musk’s Humongous Pay Proposal
Robyn Denholm, normally media shy, is campaigning to get shareholders to back the chief executive’s trillion-dollar compensation package.