After nearly six years at the EV manufacturer, Matthew LaBrot said he lost his "dream job" after demanding Musk cede the reins—a price the manager said he was willing to pay.

Tesla owners have seen the value of their cars drop dramatically in the past 12 months.According to a study by iSeeCars.com, the value drop across all Tesla models landed at more than $3,500 with the Model S seeing the most depreciation of any car over the last year.

Ever since Trump announced auto tariffs, the cost of new cars has been steadily climbing, Cox Automotive analyst Erin Keating said.

Tesla makes electric vehicles, from sedans to trucks. It also does a number of other high-tech things (like robotics and clean energy), so it isn't exactly a pure-play auto stock. However, that doesn't change the fact that it has a sizable auto business. In 2024, Tesla sold nearly 1.8 million EVs across all of its vehicle platforms.

Cars sold from Tesla's Chinese factory fell 6% over the previous April to mark their lowest level since Shanghai entered lockdown over a new COVID strain in 2022.

Tesla Inc. (NASDAQ:TSLA) has touted the company's FSD (Full Self-Driving) technology ahead of next month's Robotaxi launch in Austin, Texas. What Happened: A video posted by a handle on X called Whole Mars Catalog showcased a Tesla vehicle navigating its way through traffic using Supervised FSD near Los Angeles's LAX airport on Saturday.

Sales data from China showed Tesla's April sales declined almost 9% year over year in the world's largest electric vehicle (EV) market. Things haven't started to improve, either, as the company's overall 2025 sales in China have dropped by 56%, Barron's reported today.

New Tesla cars sold in the U.K., Germany, and Spain fell by double digits in April, while China-based BYD has seen an eye-popping 644% surge in Spain this year.

Tesla Inc. sales kept sliding across Europe’s biggest electric-car markets in April, despite the company rolling out an updated version of its most popular vehicle.

Demand for the U.S. automaker’s vehicles slid amid stronger competition from Europe and China and rising anger at Elon Musk’s political forays.

Tesla registrations also fell in key territories like France (down 59%), Denmark (down 67%), and Sweden (down 81%), per Bloomberg data polling national auto associations. The drops in April mirror tumbling European sales in March as well. Tesla shares were down 2% in early trade on Tuesday.

BYD sold 3,002 cars versus 2,050 for Toyota and 535 for Tesla. Read more at straitstimes.com. Read more at straitstimes.com.