Tesla Cybertruck

Tesla dropped the ball on the Cybertruck’s twin promises of extended range (promised 500 miles, delivered 340) and price (promised tiers at $70k, $60k, and $40k; coming in at $100k, $80k, and $60k). That’s more than enough reason for any of the reported...

Tesla in 2023

US electric vehicle sales were 5.8% of the total in 2022, up from 3.2% in 2021. Of this, Tesla sold roughly 65% (down from 72% the year before). Ford was number two with 7.6% and Hyundai/Kia third with 7.1%. Tesla’s recent stock woes—down 65% last year,...

Tesla reports record earnings

Great earnings report from Tesla, this time without relying on regulatory credits and Bitcoin to deliver much of the oomph. (Tesla stock still has a P/E ratio of 670 so investors beware: There is plenty of room for a downward swing. Current average S&P 500 P/E...