Sales of Tesla’s Cybertruck have plummeted from their peak last year, to the point that the hulking (and expensive) GMC Hummer EV outsold the polarizing steel-clad curiosity in the second quarter.

Ross Gerber told BI that "there's nothing good for Tesla" in Trump's budget bill, and the stock should be trading more in line with mega-cap peers.

A federal court in Miami began considering Monday whether Elon Musk's car company should share blame for the death of a stargazing university student after a runaway Tesla sent her flying 75 feet through the air and severely injured her boyfriend.

The hype is dead. The Tesla Cybertruck, once billed as the future of electric vehicles, is now looking like a commercial bust.

Tesla will hold a shareholder vote on whether Elon Musk’s carmaker should invest in his artificial intelligence startup, xAI, the billionaire said in a post on X Sunday.

Musk, never one to pass up the opportunity to showcase his juvenile sense of humor, quote-tweeted the image of the phallic geofence shortly afterwards and wrote “Bigger, longer and uncut” accompanied by a laughing emoji in an apparent reference to the South Park movie.

With delivery estimated to start from the third quarter, Tesla will drive on to India's busy roads, targeting a niche premium EV segment that accounts for just 4% of overall sales in the world's third-largest car market.