First announced in 2019, the truck became bogged down in missed deadlines around the inherent production challenge of building a car out of stainless ... We need to cancel your delivery ...

Tesla reported a disappointing delivery figure for the first quarter, totalling 368,810, marking an 8.5% decrease compared with the same quarter last year and a sequential drop of 20%. Production ...

The actual starting price for the car on the Tesla website is $42,990 ... according to a press release on the company's quarterly delivery report. The figures are a rare year-over-year decline ...

Tesla has endured a harsh selloff in the first quarter, with shares plummeting by nearly 30% as the EV maker grappled with growth bottlenecks amid fierce competition from Chinese rivals and ...

The flipside of that argument is that the stock could still be richly valued. The market is giving a car company a high valuation, pricing in the hope that Tesla's long-term ambitions around ...

Tesla said it would begin producing more affordable models in 2025, but noted they may not be as cheap as originally promised. Tesla's Q1 earnings showed a drop in revenue and profits, but Musk's ...

Shares have been hit hard after a disappointing delivery outlook, the cancellation of plans for a long-awaited sub-$30,000 model, and a strategy switch to robotaxis, among other headwinds.

But the recent financials point to how this is indeed still a car company. Despite a 60% decline from its previous peak, Tesla stock remains expensive. Shares of the EV stock trade at a steep ...