Tesla (TSLA-0.72%) has been one of the best-performing stocks on the market over the last five years but also remains a battleground among investors. CEO Elon Musk has long been a lightning rod for controversy,

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.

Tesla (NASDAQ: TSLA) announced plans to roll out new, more affordable electric vehicles (EVs) in early 2025 while launching an autonomous ride-hailing service in June. Despite missing Wall Street revenue expectations,

Tesla said it was on track to roll out new, cheaper electric vehicle models in the first half of 2025 and would start testing a paid autonomous car service in June, enthusing investors and overshadowing quarterly results that fell short of Wall Street expectations on Wednesday.

For the whole year, Tesla reported profits before one-time items of $8.42 billion, a 23% decline from last year. Investors are optimistic Musk's close ties with Trump will mean less stringent regulations on Tesla, fewer investigations, and faster autonomous driving development.

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

The days of never-ending growth are over. Tesla was only able to increase turnover by one per cent last year - and only thanks to its growing energy business.

Tesla said it was on track to roll out new, cheaper electric vehicle models in the first half of 2025, as its quarterly profit and revenue fell short of Wall Street expectations on Wednesday due to discounts and financing offers.

Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts. The electric vehicle company run by Elon Musk said Wednesday that it made $2.

The Kia Stinger looks to be making a dramatic return with the company president admitting work has begun on a high-performance electric sedan to sit at the top of its global range.

Tesla has confirmed that new “affordable” models are still on track for release in the first half of this year. Details on how exactly the budget models will take shape aren’t clear yet, however, Tesla confirmed the watered-down new models will utilise aspects of its current and next generation platforms in its 2024 Q4 investor report.