A recent survey by S&P Global Mobility shows Tesla leading US auto brand loyalty in February with a 61.1% rating, up from 54.7% the previous year. This rise suggests improving consumer sentiment despite recent concerns over Tesla's brand reputation linked to CEO Elon Musk's political involvement. Investor Chamath Palihapitiya highlighted the loyalty increase, praising Tesla's advanced self-driving technology and convenience. The improved loyalty could indicate a turnaround for Tesla's brand image, which had been declining in other markets.
A proposed tax policy in Washington aims to index capital gains to inflation, potentially reducing Elon Musk's future tax bill on his roughly 700 million Tesla shares by hundreds of millions to billions of dollars. The change would mainly affect Musk...
Elon Musk announced at a SpaceX meeting that AI revenue is projected to exceed all other space-related revenue by September 2026, marking a major shift from the company's traditional focus on rockets, satellites, and Starlink. This signals SpaceX's t...
Tesla's Q2 2026 report showed strong vehicle deliveries and revenue growth but missed earnings estimates due to high spending on AI, robotaxis, and software development. Meanwhile, BYD continues steady growth through vertical integration and volume, ...
Tesla is set to build a $10.1 billion solar panel factory near Houston, Texas, called Project Crystal Sun. The factory aims to create around 9,700 full-time jobs and start production by 2029. Tesla has applied for tax incentives and is considering ot...
In July, Tesla's sales in China remained robust with 93,579 units sold locally and 66,330 units exported from its Shanghai plant, despite a 3.9% drop in overall EV sales in the country. This contrasts with a 20.9% decline in total passenger car sales...
