News Gist .News

Articles | Politics | Finance | Stocks | Crypto | AI | Technology | Science | Gaming | PC Hardware | Laptops | Smartphones | Archive

Elon Musk Floats a Solution to Tesla Vandalism.

Tesla CEO Elon Musk has proposed a solution to vandals attacking his company's cars: honking when tampered with. This move comes as customers report increasing incidents of keying and vandalism, prompting some owners to request the automaker take action. Musk responded by suggesting the car make noise when approached by someone tampering with it.

See Also

Elon Musk's Tesla Facilities Face 'Takedown' Protests Δ1.81

Tesla facilities across the US are facing protests and vandalism in response to Elon Musk's role in the Trump administration. Most "Tesla Takedown" protests have been peaceful, but a few have been destructive with fires intentionally set at Tesla showrooms and charging stations in Colorado and Massachusetts last week. The protests illustrate a growing unease over Musk's influence on the US government.

Tesla, Inc. (TSLA) CEO Elon Musk: ‘There’s A Changeover That He’s Doing On The Autos’ Δ1.79

Tesla, Inc. is navigating a period of significant change under the leadership of CEO Elon Musk, who is reportedly undergoing a shift in his focus towards autonomous driving technology. As Musk's vision for Tesla's future becomes clearer, investors and analysts are taking notice of the company's progress on its ambitious project to develop fully autonomous vehicles. The stakes are high, with regulators and competitors watching closely as Tesla seeks to revolutionize the automotive industry.

Musk's Reform Efforts Face Resistance From Federal Workforce Protesters. Δ1.79

Protesters outside a New York City Tesla dealership demonstrated against owner Elon Musk's role in sweeping cuts to the federal workforce, highlighting growing tensions between executive power and the authority of government agencies. The protests, part of a wave of "Tesla Takedown" demonstrations across the country, reflect broader concerns about accountability and the implications of Musk's actions within government agencies. As the controversy surrounding Musk's reforms continues, it remains to be seen how federal agencies will adapt to these changes.

Tesla Stock Falls 45% From Record High, a 'Gut Check Moment' That Has Wall Street Bulls Doubling Down Δ1.79

The recent decline of Tesla's stock price serves as a test of the company's long-term viability, forcing its largest supporter on Wall Street to defend the firm. Despite this sharp drop, Wedbush analyst Dan Ives remains bullish on Tesla, citing the potential benefits of Elon Musk's involvement in politics. However, the impact of Musk's foray into politics on Tesla's sales is still a subject of debate.

Tesla's Cybertruck Design Disaster Is Complete as Tesla Gets Desperate Δ1.78

The Cybertruck design disaster has culminated in a desperate bid by Tesla to boost sales, with the company offering discounted financing and creative marketing tactics to shift its unroadworthy electric SUV. Despite initial predictions of 500,000 units per year, estimates suggest around 40,000 vehicles will be sold in 2024, leaving many to wonder if Tesla's gamble has been a costly mistake. As the sales figures continue to plummet, it is clear that Elon Musk's personal transformation and controversies have not helped salvage the Cybertruck's reputation.

Musk's Embrace of Right-Wing Politics Risks Turning Off Car Buyers and Sinking Tesla's Stock Δ1.78

Elon Musk's full-bore entry into right-wing politics may be alienating potential customers who don't share his views, with some experts warning that it's a case of "marketing 101: Don't involve yourself in politics." Tesla sales have plummeted, particularly in Europe, where the company saw a 45% decline in January. Musk's comments on politics are now seen as a liability, with analysts arguing that he believes he can say anything without consequences.

Tesla's Leadership Crisis Drives Global Sales Slump Δ1.78

Tesla faces a global sales slump, with shares down for the seventh consecutive week, raising questions about Elon Musk's leadership style. The company's poor performance has sparked concerns that Musk's erratic behavior is impacting Tesla at retail. As the electric vehicle market becomes increasingly saturated, Tesla must address its struggles to regain market share and investor confidence.

Tesla's Supercharger Network Faces Vandalism Threats as Prefabricated Units Offer a Quick Fix Δ1.77

The Tesla Supercharger team has rapidly responded to recent arson attacks at charging stations, replacing damaged piles within 48 hours thanks to its Prefabricated Supercharger Units production concept. This approach allows for faster construction and reduced costs compared to traditional methods. The prefabricated units are designed to minimize downtime and ensure the Supercharger network's continued operation amidst increasing vandalism threats.

Tesla's Sales Plummet Amid Musk's Electioneering Δ1.77

Tesla Inc.'s registrations plummeted in Germany last month as Chief Executive Officer Elon Musk irked voters taking part in the country's closely contested federal election, resulting in a 76% decline in sales to 1,429 cars. The poor showing was in stark contrast with overall electric vehicle registrations, which jumped 31% in February. Tesla's struggles in Germany are part of a broader trend, with the company's sales also down 71% in Germany and 44% in France through the first two months of the year.

Anti-Trump Activists Target Elon Musk's Tesla Brand to Protest DOGE Cuts Δ1.77

A grassroots movement has emerged, with approximately 350 demonstrators protesting outside Tesla dealerships to voice their discontent over Elon Musk's involvement in significant federal job cuts. Organizers are urging the public to boycott Tesla, aiming to tarnish its brand image and impact Musk financially due to his controversial role in the Trump administration. This activism highlights the intersection of corporate branding and political sentiment, as Tesla, once celebrated for its environmental focus, is now perceived as a symbol of the current administration’s policies.

Tesla's Electric Vehicle Future: Divided by AI and Robotics Δ1.77

Tesla's stock rose 2% as Morgan Stanley analyst Adam Jonas predicted shares will rally to $430 due to the company's diversification into artificial intelligence and robotics. However, this growth comes at a time when Tesla's EV sales slumped, leaving investors wondering if CEO Elon Musk's involvement in politics is deterring buyers. The company's ability to navigate its transition from an automotive "pure play" to a highly diversified player will be crucial to its long-term success.

Tesla's Electric Dreams Face Labor Union Scrutiny Δ1.76

The leader of one of the largest U.S. labor unions has called on top asset managers to review Tesla's valuation as the electric carmaker's shares have slumped 30% so far this year, citing concerns about potential impact on members' pension portfolios. Randi Weingarten, president of the American Federation of Teachers, expressed concern that asset managers may be overlooking Tesla's problems due to Elon Musk's influential role with the U.S. President. The union is not seeking to sell Tesla shares, but rather wants investors to take a closer look at the company's financials and challenges.

Elon Musk's Public Image Under Fire Over Business Losses Δ1.76

The CEO's public persona and the brand he founded are facing backlash after a man claims to have lost $70,000 in business contracts due to negative perceptions of his Tesla Cybertruck. While some owners adore their vehicles, others are distancing themselves from the brand amid widespread criticism of Musk's erratic behavior and social media actions. The controversy surrounding Musk's image is complex, with some viewing him as a visionary and others as a polarizing figure.

Elon Musk Dealt Second Major Blow as Another Disaster Strikes Δ1.76

Elon Musk's week has been marred by multiple setbacks, including slumping European sales for Tesla and a failed test flight of SpaceX's Starship rocket. The electric vehicle market is becoming increasingly competitive, with Musk's company struggling to maintain its dominant position. The recent disaster has raised concerns about the safety and reliability of SpaceX's technology.

Tesla’s China Sales Slump Adds to Worrying Global Slowdown Δ1.76

Tesla's struggling sales in China have deepened concerns about a slowing global economy at a time when CEO Elon Musk is increasingly distracted by politics. The company's shipments plunged 49% in February from a year earlier to 30,688 vehicles, according to preliminary data from China's Passenger Car Association. This decline compounds a slow start in China after Tesla delivered 63,238 vehicles from its Shanghai factory in January.

Protesters Target Tesla and Elon Musk in Portugal Ahead of Snap Election Δ1.76

Dozens of demonstrators gathered at the Tesla showroom in Lisbon on Sunday to protest against CEO Elon Musk's support for far-right parties in Europe as Portugal heads toward a likely snap election. Musk has used his X platform to promote right-wing parties and figures in Germany, Britain, Italy and Romania. The protesters are concerned that Musk's influence could lead to a shift towards authoritarianism in the country.

Trump Reining In Elon Musk After Cabinet Showdown Δ1.76

The US President has intervened in a cost-cutting row after a reported clash at the White House, calling a meeting to discuss Elon Musk and his efforts to slash government spending and personnel numbers. The meeting reportedly turned heated, with Musk accusing Secretary of State Marco Rubio of failing to cut enough staff at the state department. After listening to the back-and-forth, President Trump intervened to make clear he still supported Musk's Department of Government Efficiency (Doge), but from now on cabinet secretaries would be in charge and the Musk team would only advise.

Musk's Embrace of Right-Wing Politics Risks Sinking Tesla's Stock Δ1.76

Elon Musk's decision to publicly embrace right-wing politics has likely turned off potential customers in Europe, leading to a significant decline in Tesla sales. The company's annual report highlights the risks associated with costly lawsuits, battery fires, and war, but largely omits discussions of Musk's political views. As a result, analysts warn that Tesla's stock may suffer as a consequence.

Tesla Sales Down in France, Scandinavia as Musk Faces Test of Brand Δ1.76

Tesla sales plunged in Scandinavia and France in February from a year ago, eroding its market share, as the electric vehicle maker faced a brand loyalty test amid CEO Elon Musk's role in U.S. President Donald Trump's administration. Tesla's market share in Norway, Sweden, and Denmark has declined this year due to increased competition from European rivals with newer model lineups. The company's aging vehicle lineup and Musk's divisive policies have also raised concerns about its ability to maintain its position as the people's car of choice.

What Elon Musk’s Critics Are Getting Wrong. Δ1.76

Elon Musk’s role in the government efficiency commission, known as DOGE, has been misconstrued as merely a vehicle for his financial gain, despite evidence suggesting it has led to a decline in his wealth. Critics argue that Musk's collaboration with Trump aims to dismantle government services for personal financial benefit, yet his substantial losses in Tesla's stock value indicate otherwise. This situation highlights the complexities of Musk's motivations and the potential risks his political alignment poses for his primary business interests.

Tesla Superchargers Coming to Dozens of Steak ‘N Shake Locations Δ1.76

Tesla is planning to install dozens of Supercharger sites at Steak 'n Shake locations across the country, with over six sites already signed and more than 20 to come, potentially leading to 100 installations. The agreement was announced after a social media exchange between Elon Musk and Health Secretary Robert F. Kennedy Jr., who has made controversial claims about seed oils. Tesla's Supercharger network is expanding rapidly, but the company will not rely on federal funding for new locations due to a halted program.

Tesla Struggles Amid Controversy Surrounding Elon Musk's Leadership Δ1.76

Tesla's stock rose sharply on the last day of February, but it wasn't enough to stem losses of nearly 30% for the month. The company's slide after its massive run-up following Trump's election win has been a swift one, with Tesla's stock nearly giving up all its post-election gains. Musk's involvement in politics and his recent actions are raising concerns among investors, who have seen protests at Tesla showrooms and blowback from the firing of government workers.

Donating to the Police: Cybertruck Fleet Gift Raises Questions About Influence and Transparency Δ1.75

Ben Horowitz's donation of a fleet of Tesla Cybertrucks to the Las Vegas Metropolitan Police highlights the blurred lines between corporate giving and executive influence. The move comes as Horowitz has previously donated millions to the department through its nonprofit foundation, raising concerns about transparency and accountability in police funding. As the relationship between tech giants and law enforcement agencies deepens, it remains unclear whether such donations can be effectively regulated.

Tesla's Volatile Uptrend: A Sign of Things to Come? Δ1.75

Tesla has been highlighted as a stock with unique characteristics that can offer opportunities for savvy investors. The company's history of rising over time but also experiencing high volatility makes it an attractive target for traders.

Canadian Threat of 100% Tesla Tariffs Made by Leadership Hopefuls Δ1.75

A public threat to retaliate against U.S. tariffs on Canadian products was made by two politicians with prime ministerial hopes, not the federal government, contrary to social media posts and suggestions. The threat to impose 100% tariffs on electric vehicles such as Teslas is a proposal made by former finance minister Chrystia Freeland and New Democratic Party leader Jagmeet Singh, but it was never publicly endorsed or implemented by the Canadian government. This incident highlights the risks of misinformation spread through social media and the importance of verifying information before sharing.