The focus on automation comes amid weak EV sales in the US and Europe, where Tesla has lost market share to rivals such as BYD and Volkswagen. As per Reuters, Musk’s public political endorsements in Europe have alienated some consumers, adding to sales headwinds.

Tesla shares took a hit Thursday after the company reported a 16% decline in automotive sales and a 12% decline in total revenue for the second quarter compared with one year ago.

Tesla Stock Is Down. A New Trim Isn’t a New Model. Tesla stock fell again in early trading Friday, extending its post-earnings drop.

The EV maker reported a 16% drop in quarterly net income and said c

Tesla's market cap fell below $1 trillion, but it still reflects investors' assumptions of enormous future growth.

Due to Tesla's innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock by the end of the decade.

Meanwhile, another artificial intelligence (AI)-powered transportation stock has rocketed higher this year, partly due to its emerging autonomous driving business. Lately, the stock seems to go up when Tesla goes down and vice versa. Is it the ultimate threat to Tesla's autonomous driving ambitions?

Cathie Wood doubled down on her long-term belief in Tesla, buying $43.7 million worth of shares amid a price dip. Despite previously championing blockchain, ARK