The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.

Still, during Tesla's fourth-quarter earnings call on the evening of January 29, he sent a characteristically blunt message to those who doubted him along the way. "Very few people understand the value of self-driving and [Tesla's] ability to monetize the fleet.

[UPDATE] Tesla and General Motors stand to bear the brunt of the elimination of the federal EV tax credit.

Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday.

The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.

General Motors is focusing on its Super Cruise driver assistance technology to boost revenue, predicting $2 billion annually within five years. This technology, similar to Tesla's Autopilot, enables hands-off driving and is expected to foster consumer acceptance of self-driving cars,

Tesla stock opened down 0.7% at $395.19 ahead of earnings. Coming into this report, Tesla stock has fallen for five of the past six trading days, losing almost 7% over that span. The year-over-year gain is worth more than the market value of General Motors,

In 2024, about 20% of roughly 18,000 users signed up for a Super Cruise subscription after the complimentary subscription ended, Barra said. Another 33,000 vehicles will end a three-year trial period in 2025 and GM is targeting to more than double subscription revenue, she added.

Owners of the electric Lucid Gravity SUV will gain access to Tesla’s Supercharging network starting January 31. The Gravity is Lucid’s second

Tesla reported lower than expected profits Wednesday, citing declining vehicle prices as a factor as it projected a return to volume growth in 2025. "With the advancements in vehicle autonomy and the introduction of new products,

Tesla reported lower than expected profits yesterday but confirmed key 2025 benchmarks, saying it will return to sales volume growth and move forward