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In today's big story, we're looking at another Tesla earnings report that was light on details about big future plans . The approach worked well last quarter when Tesla's earnings report was even worse than expected . However, big-picture plans without concrete details fell flat for investors this time around. It's Tesla's silver lining amid the EV market slowdown. But as beneficial as competitors were to Tesla this quarter, others seem to be gearing up for battle.
Persons: Jordan Strauss, Chelsea Jia Feng, Elon, Katherine Tangalakis, Hannah Getahun, that's, , Musk, Toby Melville, BI's Nora Naughton, It's, BI's Jordan Hart, Sundar Pichai, Waymo, Jenny Chang, Rodriguez, Wall, Keith Lerner, Ed Yardeni, Michael M, Tyler Le, Jensen Huang, Rebecca Zisser, Biden, Benjamin Netanyahu, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Business, Chelsea, AP, Tesla, Getty, BI Supply, Nvidia, Big Tech, Hollywood, AWS, Microsoft, Paramount, Digital, Google, IBM, Ford Motors, Samsung, Galaxy, The Locations: Waymo, San Francisco, Phoenix, New York, Paris, London
Elon Musk took aim at Disney CEO Bob Iger in an apparent April Fools' Day joke posted to X. "Excited to join @Disney as their Chief DEI Officer," Musk wrote in the early hours of April 1. AdvertisementElon Musk took aim at Disney CEO Bob Iger in an apparent April Fools' Day joke which, it turns out, wasn't that original. "Excited to join @Disney as their Chief DEI Officer," Musk wrote on X, formerly Twitter. "Can't wait to work with Bob Iger & Kathleen Kennedy to make their content MORE woke!
Persons: Elon Musk, Bob Iger, Musk, Musk's, , Kathleen Kennedy, Can’t, — Elon, Tesla, Konstantin Kisin, Kisin, 😂, ingle, ince, ake, lon, ina, haring, ike, olitical Organizations: Disney, @Disney, Service, TRIGGERnometry, BBC, ust Locations: lon, usk, ife
Is Tesla's Cybertruck the new status car?
  + stars: | 2024-03-01 | by ( Grace Kay | Madeline Berg | ) www.businessinsider.com   time to read: +8 min
Tesla's Cybertruck isn't the kind of car that goes unnoticed. The Cybertruck isn't your average pickupMusk has been hyping up the Cybertruck since it was announced in 2019. AdvertisementFrom the start, it's been clear the Cybertruck isn't geared toward your traditional pickup truck market. But it's not exactly your typical luxury status car, eitherWhile the Cybertruck isn't a traditional pickup, it's not exactly a luxury car. "The finance geeks are just, they're beside themselves of how much they admire" Musk, Chesterfield said.
Persons: Tesla's Cybertruck, Kim Kardashian, Pharrell Williams, Jay, Hayley, Justin Beiber, Wiz Khalifa, Ivan Drury, Edmunds, it's, Tesla, Elon, Winston Chesterfield, Barton, It's, Chesterfield, it's Tesla's, hasn't, Ford, Jim Farley, Brian Moody, Mercedes, Ben Affleck, Cameron Diaz, Will Smith, Oprah Winfrey, Morgan Freeman, Steven Spielberg, Drury, Musk, it'll, Moody, Kyle Conner Organizations: Business, Ford, Royce, Twitter, YouTube Locations: Instagram, London
Tesla is recalling 2.2. million vehicles due to an issue with their warning lights. The carmaker has started releasing a software update to resolve the problem. It's Tesla's second big recall in months after it updated 2 million vehicles over Autopilot fears. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTesla is recalling two million vehicles in yet another safety headache for Elon Musk .
Persons: Tesla, It's, , Elon Musk Organizations: Service, Traffic Safety Administration, Business
However, this person has been investing for more than 2 decades and sold a startup to a big tech company in the first dot-com boom. "The lesson of Microsoft Windows"Then this hedge funder schooled me on the "lesson of Microsoft Windows." He also pointed out that if you don't own a big platform, your life kinda sucks. AdvertisementThe biggest betsThis is why big tech companies are investing 100s of billions of dollars to find the next big platforms. Big Tech is all about winning our attention and being the first "funnel" that sends us out into the world.
Persons: Mark Zuckerberg, , Apple, Tesla, it's, Mark Gurman, I've, Matthew Ball, Zuckerberg, Ball, OpenAI, Nora Naughton, Elon Musk Organizations: Apple, Service, Apple's, Microsoft, Microsoft Windows, Android, Amazon, Google, Big Tech, Tesla, Software, GM, Ford, Meta Locations: American
Inside Tesla's make-or-break earnings report
  + stars: | 2024-01-24 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +6 min
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're previewing Tesla's make-or-break earnings report. And then there's the ultimatum Elon Musk issued to Tesla's board about wanting more voting rights or taking his AI projects elsewhere. Business Insider's Jennifer Sor has a roundup of what five Wall Street firms expect ahead of Tesla's earnings report. TeslaHow Musk pitches Tesla's year ahead will also be a telling signal, Nora told me.
Persons: , Donald Trump, Stephen Lam, Elon Musk, Jennifer Sor, Nora Naughton, BI's, Tesla, Nora, Kiran Raichura, Raichura, Goldman Sachs, Kraft Heinz, Sam Altman, it's, Glenn Harvey, Eddie Trunk, Brooks Kraft, Staples Organizations: Service, New Hampshire Republican, Tesla, Reuters, Capital Economics, Monster Beverage, Google, Google Google, Netflix, BI, of Fame, Apple, IBM, Brooks, Brooks Kraft LLC, Getty
Elon Musk was questioned about his antisemitic comments on X during the New York Times' DealBook Summit. Musk repeatedly said that advertisers can go "fuck" themselves. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk repeatedly told companies who pulled advertisements from his social media platform X to "go fuck yourself," during an interview for The New York Times DealBook Summit on Wednesday. Over the weekend, the New York Times reported that X may lose up to $75 million from the advertiser exodus.
Persons: Elon Musk, Musk, Bob Iger, , Andrew Ross Sorkin, Elon, it's Tesla, Iger, Linda Yaccarino Organizations: New York Times, Disney, Service, The New York Times, Summit, SpaceX, ABC, ESPN, IBM, Apple, Lionsgate, Media
Would-be Tesla Cybertruck buyers still don't know how much they're spending. Apart from the few remaining details listed and the occasional cryptic tweet from Musk, there isn't much information to tell Cybertruck buyers what they're getting into. Tesla Cybertruck. That makes it even more important to give loyal truck buyers some details to work with. "If you're looking to convert average pickup truck buyers to something different, that's a little harder," Fiorani said.
Persons: Tesla, , Elon, It's, Musk, Cybertruck, William Huston, he's, Ed Kim, AutoPacific, Sam Fiorani, Fiorani Organizations: Service, Ford, Chevrolet, Toyota, AutoForecast Locations: San Francisco
People lined up outside some Tesla showrooms over the weekend to see the Cybertruck. Dozens of Tesla fans lined up outside some of the company's showrooms over the holiday weekend trying to catch a glimpse of the new Cybertruck. "My wife and I just got to the @Tesla Showroom in Tampa and there is a line wrapping around! AdvertisementUpdate: My wife and I just got to the @Tesla Showroom in Tampa and there is a line wrapping around! Advertisement" $TSLA halo effect," Future Fund founder Gary Black wrote on X in response to a video of the lines at a Tesla showroom.
Persons: , Tesla, Electrek, @NickGibbsIAG, Ps0hefMzuH, Matthew Donegan, Ryan, Donegan, " Donegan, bk31FmiYHJ — Matthew Donegan, @MatthewDR, Christian Artman, Artman, Toby Li, there’s, Javier Verdura, It's, Elon Musk, Gary Black Organizations: Service, Apple, Twitter, Electrek Locations: Tampa, Washington, Miami, Langley , British Columbia
Tesla's Cybertruck is still MIA
  + stars: | 2023-10-02 | by ( Nora Naughton | ) www.businessinsider.com   time to read: +4 min
Details on Tesla's futuristic-looking Cybertruck are still sparse. AdvertisementAdvertisementThe Tesla Cybertruck still hasn't officially launched yet, missing CEO Elon Musk's third-quarter target. Details on the Cybertruck are still sparseSome Cybertruck order-holders have told Insider that they are concerned about how few details Tesla has shared with them on the Cybertruck. And this isn't just any Tesla vehicle launch: it's Tesla's entrance into the highly-competitive pickup truck market, where specs and prices are closely followed by shoppers. Tesla hasn't set a date for the Cybertruck launch partyIn late August, Tesla said customers could buy invitations to a Cybertruck delivery event using 30,000 referral credits, which owners accrue through Tesla purchases.
Persons: Elon Musk, , hasn't, Elon Musk's, Tesla, Musk, Sam Fiorani, Fiorani, Ford Organizations: Service, Industry, AutoForecast Solutions, General Motors, Toyota
But some signs are bubbling up that yet another delay could be in store for the trapezoidal truck. Here are three signs the Cybertruck could be delayed yet again:Musk is making new demands about the truck's appearanceIn a leaked internal email last month, Musk told Tesla employees that the Cybertruck needs to be "designed and built to sub 10 micron accuracy." AdvertisementAdvertisementDetails on the Cybertruck are still sparseSome Cybertruck order-holders have told Insider that they are concerned about how few details Tesla has shared with them on the Cybertruck. And this isn't just any Tesla vehicle launch: it's Tesla's entrance into the highly-competitive pickup truck market, where specs and prices are closely followed by shoppers. AdvertisementAdvertisementTesla hasn't set a date for the Cybertruck launch partyLate last month, Tesla said customers could buy invitations to a Cybertruck delivery event using 30,000 referral credits, which owners accrue through Tesla purchases.
Persons: Elon Musk, Musk, Tesla, Sam Fiorani, Fiorani, Ford Organizations: Service, Industry, AutoForecast Solutions, General Motors, Toyota Locations: Wall, Silicon
Would-be Tesla Cybertruck buyers still don't know how much they're spending. Apart from the few remaining details listed and the occasional cryptic tweet from Musk, there isn't much information to tell Cybertruck buyers what they're getting into. Tesla Cybertruck. That makes it even more important to give loyal truck buyers some details to work with. "If you're looking to convert average pickup truck buyers to something different, that's a little harder," Fiorani said.
Persons: Tesla, Elon, Musk, It's, Cybertruck, William Huston, he's, Ed Kim, AutoPacific, Sam Fiorani, Fiorani Organizations: Morning, Ford, Chevrolet, Toyota, AutoForecast Locations: San Francisco
The automaker has slashed Model 3, Model Y, Model X, and Model S prices in 2023. While it's too soon to call a winner in the price war, there are signs Tesla is making early gains. Tesla also lowered prices for its Model S sedan and Model X SUV in January, then reduced them again in early March. The basic Model S now retails at $89,990, down 14% from the start of the year, while the entry-level Model X costs $99,990, down 17%. "Price cuts also annoy customers," Caspar Rawles, the chief data officer at Benchmark Mineral Intelligence, a price-reporting agency, told Insider.
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