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The Latest Breaking News from Tesla Inc.

Elon Musk to slash Doge work as 'blowback' hits Tesla profits

Tesla has seen its profits plunge by 71% this year

Evening Standard

Tesla earnings decline as anti-Elon Musk sentiment hampers sales

Tesla’s first-quarter automotive revenue dropped 20% year-on-year due to reduced deliveries affected by anti-Musk sentiment, factory retooling, and seasonal factors. The company also faces supply chain and cost challenges linked to the US–China trade war.

Euronews

Musk To Reduce White House Role As Tesla Profits Plunge

"Probably in the next month, my time allocation to DOGE will drop significantly," Musk said at the outset of an earnings conference call, referring to his work for the "Department of Government Efficiency."

International Business Times

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Musk says he’ll spend less time working with Trump after Tesla profits sink

Tesla CEO says he will spend ‘far more’ of his time running carmaker after putting cost-cutting team in place.

Al Jazeera

Elon Musk says first Tesla robotaxis in Austin will be a fleet of 10 to 20 Model Ys but gives few details: ‘You can just see for yourself in two months’

The Tesla robotaxi service, as stated, would be a significant leap in capability from what is currently available.

Fortune

Asian shares jump on hopes tariff war may subside and Trump won't fire Federal Reserve chief

Asian shares are mostly higher, with markets showing relief after President Donald Trump indicated he won’t dismiss the head of the U.S. Federal Reserve

The Independent UK

Trump news at a glance: president will be ‘very nice’ to China; Musk to step back from Doge

Donald Trump says tariffs on China will be dropped “substantially” as IMF warns of ‘major negative shock’ from tariffs – key US politics stories from 22 April

The Guardian - US

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Musk promises less time at DOGE

Musk told investors that his time at DOGE would "drop significantly" following a disastrous quarter

Salon

Moving Fast And Breaking Everything: Musk's Rampage Through US Govt

In Silicon Valley, they talk about "moving fast and breaking things." One of his first and splashiest moves was to send emails to 2.3 million civil servants, offering buyouts -- and making clear their futures now hang by a thread.

International Business Times

EVs in the spotlight as China claims a leading global role at Shanghai's auto show

Leading automakers will be showcasing their latest designed-for-China models at the Shanghai auto show this week

The Independent UK

Elon Musk claims Tesla demonstrators are being paid by government ‘waste and fraud’ he is fighting with DOGE—they just won’t admit it

Musk offered no evidence for his claims but described the protests as “natural blowback” on Tesla from those on the receiving end of the fraud.

Fortune

What to believe, Elon Musk’s promises or Tesla’s terrible results for Q1?

Elon Musk’s true believers are boosting the stock despite a big net income drop.

Fortune

Tesla Says Its Affordable EV Is Coming In June: 'As Critical As Ever'

Tesla just posted its first quarterly earnings of 2025. Buried among the bruised financials and flatter-than-expected figures was something that Tesla clearly hopes will put the company back on its feet: the promise of affordable options. We've known about the tease of a new affordable vehicle for a while, however,…

InsideEVs

Musk Blames Massive Tesla Losses on Political 'Blowback'

Tesla's Q1 2025 financial update is filled with bad news. There are all kinds of negative numbers inside, not the least of which being a year-over-year net income drop (attributable to common stockholders) of 71 percent.

Motor1

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International Business Times

Tesla Says Profits Plunge 71%, Warns Of 'Changing Political Sentiment'

Tesla reported a 71 percent drop in first-quarter profits Tuesday in results that lagged analyst estimates as Elon Musk's automaker warned of a hit to demand due to "changing political sentiment."

The Independent UK

The Latest: Vance calls for greater ties with India as he meets with Modi to discuss trade deal

While in India on Tuesday, U.S. Vice President JD Vance called for enhanced engagement with the South Asian country

The Independent UK

Musk says he will step back from Trump’s DOGE as Tesla reports dismal earnings

Billionaire says time spent working as Trump adviser will start reducing next month

The Guardian - US

Elon Musk to pull back in Doge role starting May amid 71% dip in Tesla profits

CEO to pare back White House work to one to two days weekly as analysts say role has caused branding crisis

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news in one place.

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Barchart

Tesla Is Trimming Its Cybertruck Production. Should You Sell TSLA Stock as the Headwinds Keep Mounting?

Down over 50% from its all-time highs, Tesla stock trades at a discount to consensus price targets as of April 2025. Is TSLA stock a buy, sell, or hold right now?

Motor1

Mercedes Goes Full Tesla, Adds Yoke and Steer-By-Wire

Mercedes-Benz is adding two pieces of controversial tech to its lineup in 2026. The company announced Tuesday plans to put a steer-by-wire system into production starting next year, paired to a racing-inspired "yoke" shaped steering wheel.

Motor1

Wow: Volkswagen's EVs Are Outselling Tesla in Europe

Remember when Tesla had the best-selling vehicle in the world? Now, the beleaguered brand can't fend off Volkswagen's fleet of EVs in Europe.

InsideEVs

Oh Great, Mercedes Is Also Doing Steering Yokes

After a few years of letting Tesla take the tech risks (and the associated punches that go along with it), automakers have been going all-in on cabin tech. Many modern car companies are transforming the driver's seat into some sort of spaceship-looking cockpit. Touch screens, Head-Up Displays and voice controls…

One of Apple CarPlay's new Tesla-like features will soon be removed again

Just when you thought you could watch Netflix through CarPlay, Sidecar is having to remove the feature.

The Independent UK

Tesla, hammered by protests and plummeting sales, to report 1st quarter performance

Tesla will be releasing first-quarter financial results after the bell with the electric vehicle maker coping with sluggish sales and fallout from its CEO’s prominent role in the Trump administration

International Business Times

Tesla Settles Case Alleging Vehicle Defect in Fatal Ohio Collision

Tesla settles a wrongful death lawsuit over a fatal 2021 Ohio crash involving a Model Y, with terms undisclosed.

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