Despite Elon Musk’s close ties to Trump, Tesla’s CFO admits the president’s tariffs plan would impact ‘business and profitability’ Even though CEO Elon Musk is in Trump’s inner circle, Tesla CFO Vaibhav Taneja said Wednesday that the EV maker could be affected by tariffs imposed by Trump.

Elon Musk said Tesla will begin launching unsupervised self-driving models in Austin, Texas by June and several other U.S. cities by the end of 2025.

Elon Musk has promised Tesla vehicles had the hardware needed to support a self-driving car. This week, he made his latest

Tesla’s driver assistance software, known as full self-driving, or FSD, will see unsupervised tests in Texas, California and other states this year.

The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.

That answer may well be true. After all, sales of purely internal combustion vehicles have been in decline globally since 2018. Last year, EVs and hybrids together made up 20% of U.S. new car sales and that number is significantly higher globally, propelled especially by China, where EVs alone make up 50% of new car sales.

Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other incentives, but the results still fell short of Wall Street forecasts.

Tesla has posted a slump in profits after the first sales decline in its history as Elon Musk’s car company faces growing Chinese competition and flatlining interest in electric vehicles (EVs...

Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts. The electric vehicle,

Tesla (NASDAQ: TSLA) announced plans to roll out new, more affordable electric vehicles (EVs) in early 2025 while launching an autonomous ride-hailing service in June. Despite missing Wall Street revenue expectations,

Tesla's fourth-quarter adjusted profits rose 3% to $2.6 billion, falling short of forecasts. Despite losing market share, stock rose after Elon Musk announced a timeline for full self-driving technology.