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Elon Musk

Every EVXL story tagged “Elon Musk” — newest first.

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Tesla

Tesla Stock Plummets 16% as Musk-Trump Feud Escalates Over EV Subsidies

Today, Tesla’s stock plummeted 16% as a public feud between CEO Elon Musk and President Donald Trump intensified, threatening federal subsidies critical to the electric vehicle (EV) maker’s growth. The clash, fueled by Musk’s provocative claim about Trump’s ties to Jeffrey Epstein and his call for the president’s impeachment, has rattled investors and raised questions…

Tesla

Tesla’s China-Made EV Sales Drop 15% in May Amid Fierce Price Wars

Tesla’s China-made electric vehicle (EV) sales fell 15% year-over-year in May 2025, marking the eighth consecutive month of decline, according to a recent Reuters report. The drop highlights the intense competition in China, the world’s largest auto market, where price wars and new competitors are challenging the U.S. automaker’s dominance. Ongoing Decline in Tesla’s China…

Tesla

Tesla Faces Steep Decline in China as Local EV Rivals Surge

Tesla’s dominance in China’s electric vehicle (EV) market is crumbling, with shipments from its Shanghai factory dropping 15% in May 2025 compared to the previous year, marking the eighth consecutive month of decline. According to a recent Bloomberg article, this downward trend highlights the growing challenge posed by Chinese EV manufacturers like BYD and Xiaomi,…

Tesla

UK Electric Vehicle Sales Climb in May 2025 Despite Tesla’s Sharp Decline

In May 2025, UK new car registrations rose by 1.6% to 150,000 units, with all-electric vehicles (EVs) making up 32,000 of those sales—a 25% jump from the same month last year. However, Tesla, a former EV market leader, saw its sales plummet by 36% to 2,000 vehicles, amid challenges with its next-generation Model Y, according…

Tesla Streamlines Model 3 Lineup, Offers Killer Lease Deal on Standard Range
Tesla

Pension Funds Demand Tesla Board Replace Elon Musk as CEO Amid Brand Concerns

A recent Forbes report reveals growing discontent among Tesla’s major shareholders, with pension funds and state officials urging the electric vehicle (EV) giant’s board to replace CEO Elon Musk. A consumer sentiment survey highlights that 51% of EV-curious adults view Tesla more favorably if Musk were replaced, prompting calls for better governance to protect the…

Tesla

Could Tesla’s EV Expertise Spark a Drone Revolution? Morgan Stanley Thinks So

Morgan Stanley has reportedly proposed that Tesla, a leader in electric vehicles, could extend its technological prowess into drone manufacturing, potentially reshaping both industries. While Tesla has not confirmed any plans to enter the drone sector, the investment bank believes the company’s innovations in battery and autonomy could position it as a key player in…

Trouble in Tesla Town: Unveiling Model Y's Glitches Model Y. Photo courtesy of Tesla, Inc.
Tesla

Tesla Sales Drop in Spain and Portugal as Chinese EV Brands Surge

Tesla’s new car sales in Spain and Portugal took a significant hit in May 2025, dropping sharply from the same month in 2024, while other electric vehicle (EV) brands, particularly from China, saw impressive gains. According to industry data released by ANFAC and ACAP, this decline highlights growing challenges for Tesla in Europe amid rising…

Tesla

ARK Invest Sells Tesla Shares Ahead of Robotaxi Launch in June 2025

ARK Investment Management, led by renowned investor Cathie Wood, has sold off a significant portion of its Tesla stock just weeks before the electric vehicle (EV) giant launches its much-anticipated robotaxi service in Austin, Texas. This move, detailed in a recent Barron’s report, comes as Tesla prepares to roll out on-demand rides using its self-driving…

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