Jason Bedell is offering a $25,000 reward for information about a vandal caught on camera slashing the tires of his Cybertruck and smashing its windshield in California.
1hon MSN
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David Lau, Tesla Inc.’s vice president of software engineering, has told people at the company that he is stepping down, according to people familiar with the matter.
The billionaire Trump advisor has nothing to say as the president’s signature economic policy wreaks havoc. His own fortune is down billions so far.
One of Wall Street’s most bearish Teslaanalysts further reduced estimates for the company’s earnings, citing the magnitude of car-buyer backlash against Elon Musk.
Tesla's vice president of software engineering, David Lau, has told people at the company he is stepping down, Bloomberg News reported on Friday, citing people familiar with the matter.
Tesla's operating margin has been on the decline in recent years. Investors now know that EV sales plunged in the first quarter. If operating margin also continued to decline, the stock may have more room on the downside. Watch for that number when the company reports in a few weeks.
CEO Elon Musk pledged Tesla would return to growth this year after the company posted its first-ever sales decline in 2024. But the odds look stacked against him.
As Tesla faces headwinds in 2025, the company is reportedly refusing to accept its own product, the Cybertruck, as a trade-in for a new vehicle.