Tesla's Stock Takes a Hit: Major Recall Hits Over 1.8 Million CarsTesla's stock price decline followed news of a large-scale recall in the U.S. to unexpectedly address an issue with the front hood opening.
Musk's Surprise Announcement: Tesla's Robotaxis Coming This AugustElon Musk, CEO of Tesla, announced plans to unveil self-driving robot taxis in August. This move is seen as a strategy to stimulate new growth amid disappointing first-quarter sales, which fell short of market expectations. On May 5 (local time), Musk posted on his X (formerly Twitter) account, “The Tesla robot taxi will be unveiled […]
Tesla Model S/X Price Reduction, Gain or Loss?Tesla cut Model S and Model X prices by 15-19% to boost demand and reduce Full Self-Driving cost, causing a drop in stock prices.
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