Tesla

2024 - 1 - 17

Tesla Makes Waves with Price Cuts and Musk's Demands: A Fun Take on Finland's Trending News

tesla model y BYD - electric vehicles - Elon Musk - EV market - Germany - price cuts - Tesla - Volkswagen - tesla model y

Discover how Tesla's pricing strategies in Europe and Musk's demands for control are shaking things up in the EV market.

In a whirlwind of events, Tesla made headlines by slashing Model Y prices in Germany and across Europe after facing fierce competition from Volkswagen. The price cuts followed similar reductions in China, prompting speculations and market reactions. Meanwhile, Elon Musk, Tesla's CEO, stirred up the scene by demanding a larger stake in the company in exchange for his AI work, causing ripples in the stock market and raising questions about his influence.

On the pricing front, Tesla's strategic moves in different markets indicate a shift in the EV landscape, with implications for both customers and competitors. The tug-of-war between Tesla and other giants like Volkswagen and BYD is heating up, setting the stage for an exciting showdown in the electric vehicle arena. The market dynamics are evolving rapidly, with Musk's power play adding an extra layer of intrigue to the unfolding saga.

Turning to the personalities behind the scenes, Elon Musk's bold demands and strategic maneuvers are captivating the attention of investors and industry watchers. His quest for more control over Tesla and the implications for the company's future trajectory are topics of hot debate. Additionally, Volkswagen's ascent as a major player in the German EV market and BYD's role in the pricing wars add spice to the unfolding narrative.

Amidst the price cuts, power plays, and market fluctuations, the electrifying world of Tesla and its competitors continues to fascinate audiences worldwide. Stay tuned for more twists and turns as the EV saga unfolds, with each development adding a new layer of drama to the high-stakes game in the automotive industry.

Post cover
Image courtesy of "Reuters"

Tesla cuts Model Y prices in Germany after China price cuts (Reuters)

Tesla Inc has slashed prices of its Model Y cars in Germany, where it lost the spot as top electric vehicle seller to Volkswagen in 2023, a week after the ...

Tesla slashes car prices across Europe after similar cuts in China (CNBC)

Tesla cut prices for its Model Y cars in markets across Europe, not long after announcing similar price cuts for its Model 3 and Model Y cars in China.

Tesla cuts prices in Germany after reductions in China, report says (Morningstar.com)

Tesla has been overtaken by Volkswagen (XE:VOW3) as the largest EV seller in Germany, the report said, citing government data. Tesla shares have stumbled out of ...

Tesla down 2% premarket after Model Y price cuts in Europe (Breaking The News)

Shares of automaker Tesla Inc fell more than 2% before the market opened. Overnight, the company decided to cut prices of the Model Y in Europe.

Post cover
Image courtesy of "Investing.com UK"

Tesla Cuts Model Y Costs By As Much As 5000 Euros In Germany ... (Investing.com UK)

Benzinga - by Anan Ashraf, Benzinga Editor. EV giant Tesla Inc (NASDAQ:TSLA) has reduced the prices of its Model Y SUV in Germany by up to 9%, equivalent to ...

Post cover
Image courtesy of "The Wall Street Journal"

Tesla Price Cuts Send European, Chinese Auto Stocks Lower (The Wall Street Journal)

EV giant cuts prices in Germany by more than $5000, after trimming prices in China.

Tesla is giving German customers a 9% discount on its Model Y as ... (Fortune)

Tesla's price cuts in China couldn't prevent the EV maker shedding 7% of its share price as BYD and Volkswagen turn up the heat.

Post cover
Image courtesy of "Electrek"

Tesla slashes prices across Europe on Model Y (Electrek)

It also cut the price of its Model Y Performance by €5,000 to €55,990, an 8% discount. The automaker joined Volkswagen and BYD in reducing prices after the ...

Post cover
Image courtesy of "Investor's Business Daily"

Tesla Slashes Model Y Prices In Europe After China Cuts (Investor's Business Daily)

Germany and France are the biggest EV markets in Europe, with Norway a significant market as well. The new Tesla price cuts have come even as Tesla Berlin is ...

Post cover
Image courtesy of "The Seattle Times"

Musk demands bigger stake in Tesla as price for his AI work (The Seattle Times)

Elon Musk, the CEO of Tesla, stunned investors by demanding shares worth more than $80 billion if the company's board wants him to continue developing ...

Post cover
Image courtesy of "Motley Fool"

Elon Musk Is "Uncomfortable Growing Tesla to Be a Leader in AI ... (Motley Fool)

Tesla (TSLA 0.47%) has pioneered the use of artificial intelligence (AI) in autonomous driving. The company has also made significant advances in robotics, ...

Post cover
Image courtesy of "Business Insider"

Musk has given Tesla an ultimatum as he seeks to grab more power (Business Insider)

In a post on X, Musk said he would feel "uncomfortable" expanding Tesla's AI and robotics capabilities without controlling 25% of the votes.

Post cover
Image courtesy of "TheStreet"

Tesla strategic move could test Musk's market-share focus (TheStreet)

Tesla shares moved lower again Wednesday, extending their January decline to around $90 billion, after unveiling its second round of price cuts in as many ...

Post cover
Image courtesy of "The Wall Street Journal"

A $60-Plus Billion Pay Package? Musk Gives Tesla's Board a ... (The Wall Street Journal)

Corporate-governance tensions are unavoidable in owner-managed companies, but they needn't be inflamed on social media.

Post cover
Image courtesy of "Barron's"

Tesla Is Cutting Prices Again. The Stock Is Falling. (Barron's)

JetBlue Airways may have lost its court battle over the proposed merger with Spirit Airlines, but it's not such a bad outcome for the low-cost carrier.

Post cover
Image courtesy of "Investopedia"

Tesla Stock Falls After Slashing Prices in Europe (Investopedia)

Tesla shares fell after it reduced prices in Germany, France, Norway, and the Netherlands, just a week after slashing prices for its Model 3 and Model Y ...

Post cover
Image courtesy of "The New York Times"

Tesla Drivers in Chicago Confront a Harsh Foe: Cold Weather (The New York Times)

In freezing temperatures, the batteries of electric vehicles can be less efficient and have shorter range, a lesson many Tesla drivers in Chicago learned ...

Post cover
Image courtesy of "USA TODAY"

Tesla owners say EV batteries won't charge as brutally cold ... (USA TODAY)

One Tesla owner said he saw at least 10 cars get towed from a charging station after running out of battery and dying.

Post cover
Image courtesy of "Palo Alto Online"

Palo Alto, Tesla ink deal to upgrade substation near new ... (Palo Alto Online)

Seeking to accelerate Tesla's plans to open to its new engineering headquarters, the City Council approved a deal with the car giant on Monday to expedite ...

Post cover
Image courtesy of "Newsweek"

Tesla Disaster As Cars Won't Charge in Freezing Cold (Newsweek)

Tesla owners in the Chicago metropolitan area are reporting that they are struggling to charge their electric vehicles (EVs) in recent cold temperatures as ...

Post cover
Image courtesy of "CNBC"

Elon Musk's demand for more Tesla control could weigh on the stock ... (CNBC)

Regaining 25% control of the automaker would require "the effective dilution of other investors stakes," JPMorgan analyst Ryan Brinkman wrote.

Post cover
Image courtesy of "Investor's Business Daily"

Tesla Keeps Cutting EV Prices In 2024. Wall Street Is Worried. (Investor's Business Daily)

Tesla stock has retreated more than 11%, falling below key levels of support, as analysts await news on auto gross profit margins.

Post cover
Image courtesy of "Bloomberg"

Elon Musk Worth: Should Tesla Give In to Stock Demand? (Bloomberg)

Even skeptics assume the CEO will get the massive stock award he seeks, which undermines his argument for it.

Post cover
Image courtesy of "CBS News"

Why Teslas and other electric vehicles have problems in cold ... (CBS News)

Tesla owners and people with other electric vehicles are finding that cold winter weather is impacting their EV battery.

Post cover
Image courtesy of "Fortune"

Chicago's wind gusts expose how Elon Musk failed to design a ... (Fortune)

The cold temperatures are turning up the heat on Elon Musk and his electric vehicles. As record-breaking gusts crept into Chicago in the coldest temperatures ...

Post cover
Image courtesy of "WTVD-TV"

Chicago-area Tesla drivers stranded as charging stations not ... (WTVD-TV)

CHICAGO -- Tesla drivers are struggling to charge their vehicles in the Chicago-area, as many charging stations are not working amid the freezing cold ...

Post cover
Image courtesy of "USA TODAY"

As frigid weather strands electric vehicles, one Tesla speaks out ... (USA TODAY)

A Tesla speaks: 'What do I think about these temperatures and us cars? I'll tell you what I think – IT'S FREAKIN' COLD OUT HERE!'

Post cover
Image courtesy of "KGO-TV"

Chicago-area Tesla drivers stranded as charging stations not ... (KGO-TV)

CHICAGO -- Tesla drivers are struggling to charge their vehicles in the Chicago-area, as many charging stations are not working amid the freezing cold ...

Post cover
Image courtesy of "Quartz"

Chicago shows Teslas struggle in cold weather. Here's why (Quartz)

As their car batteries quickly lose charge, EV owners have been stuck in hours-long lines.

Post cover
Image courtesy of "10TV"

Tesla drivers find themselves stranded as frigid temps drain batteries (10TV)

EVs also don't charge as quickly in extreme cold. Some Tesla owners near Chicago told reporters their cars wouldn't charge at all.

Post cover
Image courtesy of "Reuters"

BMW taps humanoid startup Figure to take on Tesla's robot (Reuters)

Robotics startup Figure said it has signed a partnership with BMW Manufacturing to deploy its humanoid robots in the car maker's facility in the U.S., ...

Post cover
Image courtesy of "Financial Times"

Asians woo Tesla, Taiwan's Kinsus mulls Malaysia substrate play (Financial Times)

Simply sign up to the Technology myFT Digest -- delivered directly to your inbox. Hello everyone, this is Akito in Singapore with this week's #techAsia. The ...

Post cover
Image courtesy of "Yahoo Finance"

Tesla: The spotlight has turned on its directors as Elon Musk asks for ... (Yahoo Finance)

Musk warned earlier this week that for him to steer the all-electric carmaker to become a global leader in artificial intelligence and robotics, he'd need even ...

Post cover
Image courtesy of "Austin American-Statesman"

Elon Musk says he wants more control over Tesla if company ... (Austin American-Statesman)

Musk is currently the electric vehicle maker's largest stockholder, with about 13% ownership in the company, as of the third quarter of 2023. But his stock ...

Post cover
Image courtesy of "Reuters"

Tesla to showcase Cybertruck on China tour (Reuters)

Tesla China is to launch a nationwide tour to showcase its flagship Cybertruck pickup in its second-largest market, the company said on Chinese social media ...

Post cover
Image courtesy of "Investor's Business Daily"

Tesla EV Prices Are Inverting. Why That's A Bad Sign. (Investor's Business Daily)

Tesla stock has fallen in January amid fresh vehicle price cuts. Model Y prices are now often lower than than for the Model 3.

Post cover
Image courtesy of "WSPA 7News"

Tesla to open distribution center in Greenville County (WSPA 7News)

“We are excited that Tesla has chosen to call Fountain Inn home for their first facility in South Carolina,” said City of Fountain Inn Mayor GP McLeer. “This ...

Post cover
Image courtesy of "Barron's"

Stock Market Today: Dow Set to Open Down; Apple, TSMC, and ... (Barron's)

Porsche and Tesla sales rates fell the most in 2023 across the EU, U.K. and EFTA countries, followed by Ford, Stellantis and Renault, Citi analysts said in ...

Post cover
Image courtesy of "Yahoo Finance"

Chicago's wind gusts expose how Elon Musk failed to design a ... (Yahoo Finance)

No, that's not an abominable snowman growing a new layer of ice while sitting in the parking lot. It's a Tesla. The cold temperatures are turning up the ...

Post cover
Image courtesy of "Fortune"

'Tesla isn't very good at explaining some things': Expert says there's ... (Fortune)

"Tesla isn't very good at explaining some things," says Bruce Westlake of the Eastern Michigan Electric Vehicle Association.

Post cover
Image courtesy of "WYFF Greenville"

Tesla opening facility in Greenville County, company announces (WYFF Greenville)

Tesla will open a regional distribution center in Greenville County, South Carolina, in early 2024. 

Post cover
Image courtesy of "Fox28 Savannah"

Tesla to launch first regional distribution facility in South Carolina ... (Fox28 Savannah)

(WCIV) — Electric vehicle manufacturer Tesla will open a regional distribution center in Greenville County, South Carolina in the early part of 2024. The center ...

Post cover
Image courtesy of "CNN"

Teslas crash more than gas-powered cars. Here's why (CNN)

Hertz recently announced it was selling 20000 electric cars out of its fleet, and replacing them with gasoline vehicles. One reason the company gave was ...

Post cover
Image courtesy of "Greenville News"

Electric car company Tesla to open distribution center in Greenville ... (Greenville News)

Tesla will open its doors for a regional distribution center in Fountain Inn, representing a major investment in operations in South Carolina.

Post cover
Image courtesy of "Fortune"

A power play at Tesla could give investors a painful shock (Fortune)

Elon Musk wants more control at Tesla. Alessia Pierdomenico/Bloomberg via Getty Images. Hi folks, senior tech reporter Kylie Robison here. This week, the ...

Post cover
Image courtesy of "Upstate Business Journal"

Tesla to open logistics center in Fountain Inn - UPSTATE BUSINESS ... (Upstate Business Journal)

Tesla, a leading manufacturer of electric vehicles, will open a vehicle parts distribution center in Fountain Inn's Fox Hill Business Park.

Where are some Tesla drivers experiencing buyer's remorse? (GovTech)

The Chicago resident was one of many struggling to keep her Tesla vehicle charged in the bitterly cold temperatures that have plagued the city this week.

Post cover
Image courtesy of "FOX Carolina"

Tesla to open first major SC distribution center in Greenville Co. (FOX Carolina)

FOUNTAIN INN, S.C. ( ...

Post cover
Image courtesy of "South Carolina Public Radio"

A Tesla distribution center is coming to the Upstate (South Carolina Public Radio)

The EV maker announced Thursday that it would open a distribution and logistics location in Fountain Inn, in Greenville County.

Post cover
Image courtesy of "CleanTechnica"

Is Elon Musk Going To Step Away From Tesla At Last? (CleanTechnica)

There is without a doubt no automaker CEO more linked to their auto brand than Elon Musk and Tesla. In fact, it's hard to think of another company in which ...

Post cover
Image courtesy of "Reuters"

Elon Musk's losing streak is heading for Tesla (Reuters)

If the $690 billion Tesla faces an unravelling, Twitter might have gotten the ball rolling. Boss Elon Musk wants 25% voting control of the carmaker, ...

Post cover
Image courtesy of "WSOC Charlotte"

Action 9: Frigid temperatures cause issues for Tesla batteries (WSOC Charlotte)

CHARLOTTE — The cold weather sweeping the U.S. is having an impact on electric vehicles, and one owner of a Tesla says his car just died in the middle of a ...

Explore the last week