Tesla's Cybertruck Crisis Deepens with $200M in Unsold Inventory and Trade-In Rejections
Tesla faces mounting challenges as approximately 2,400 Cybertrucks worth $200 million remain unsold, while the company refuses to accept its own vehicles as trade-ins. The situation is compounded by plummeting resale values, service issues, and widespread protests against CEO Elon Musk's controversial positions.
Tesla's European Sales Slump: French Market Hits 4-Year Low Amid Growing Competition
Tesla faces significant challenges in European markets as French sales plummet 41.1% in Q1 2024, marking their lowest point since 2021. Chinese EV makers gain market share while Tesla grapples with aging products, increased competition, and brand reputation issues.
Tesla Enters Indian Market Amid Global Sales Slump and Market Challenges
Tesla makes a strategic move into India's growing EV market with showroom openings in Mumbai and Delhi, while facing significant sales declines in established markets. The expansion comes with challenges including pricing concerns and infrastructure limitations, though reduced import duties and limited Chinese competition present opportunities.
Tesla Faces Record Trade-ins as Brand Value and Market Share Decline
Tesla experiences unprecedented trade-ins to other brands amid falling sales, stock price, and brand value. Recent data shows mounting challenges for the EV maker as competition intensifies and consumer loyalty shifts in the evolving electric vehicle market.
Tesla Banned from Vancouver Auto Show Following Security and Political Tensions
Tesla has been removed from the Vancouver International Auto Show due to safety concerns amid growing protests and political tensions surrounding Elon Musk's controversial statements. The decision comes alongside mounting public backlash and the province's withdrawal of charging station rebates.
Tesla's Buffalo Factory Goes Solar with Chinese Panels, Sparking Controversy
Tesla's South Buffalo facility, built with $959M in taxpayer funds for solar manufacturing, is now using Chinese-made LONGi solar panels on its own roof. The $10M installation highlights Tesla's shift away from domestic production while raising concerns about forced labor compliance.
Tesla Cybertruck Sales Stall as Inventory Piles Up Despite Major Discounts
Tesla's futuristic Cybertruck faces mounting challenges as unsold inventory accumulates across North America, forcing discounts up to $6,000. The situation raises concerns about market viability and Tesla's production goals, even with federal tax incentives available for newer models.
Tesla's Global Sales Plummet Amid Growing Competition and Brand Challenges
Tesla faces severe sales declines across major markets in early 2025, with registrations dropping over 60% in key European countries and double-digit declines in China and California. Growing competition, reduced subsidies, and CEO Elon Musk's political activities are cited as key factors impacting the EV leader's market position.
Tesla Cybertruck Achieves Perfect 5-Star NHTSA Safety Rating
Tesla's unconventionally designed Cybertruck has silenced safety concerns by earning the NHTSA's highest 5-star safety rating. The electric pickup demonstrated exceptional performance across crash tests and rollover resistance, setting new safety standards in its category.
Tesla Recalls Over 200,000 EVs Due to Critical Computer System Defect
Tesla initiates major recall affecting its entire vehicle lineup due to malfunctioning onboard computers that could disable essential safety features. The defect impacts recent builds from 2023-2024, requiring software updates and potential hardware replacements.