Tesla

Dubious environmental benefits aside, billionaire Elon Musk’s polarising Cybertruck may be a strategic misfire given its price, big R&D costs and murky sales outlook.

Tesla CEO Elon Musk boasted that the company’s new Cybertruck is “apocalypse-proof” at a live event for new owners. Videos of the vehicle show it withstanding fire from handguns, an armour-piercing arrow and a submachine gun.

New research finds used electric vehicle prices are down more than a third, with Teslas suffering some of the largest price drops – but hybrids are selling like hotcakes.

The oil and gas giant’s EV charging business, BP Pulse, is looking to expand its public network across the US.

Tesla stock fell after a poor earnings report and ominous statements from CEO Elon Musk.

Tesla stock had its best day since January as investors bought into Morgan Stanley’s bullish thesis on the company’s untapped AI potential.

Transportation Secretary Pete Buttigieg said a probe into the self-driving system by regulators was “moving as quickly as we responsibly can.”

The National Highway Traffic Safety Administration will investigate an estimated 280,000 Tesla vehicles.

An investigation released Thursday says Tesla exaggerated the range of its vehicles and worked to suppress driver’s worries about their car’s battery life.

Musk has historically played down his personal living conditions, once vowing to “own no house.”