Tesla’s cheaper vehicles aren’t helping its declining sales

The company’s deliveries in the first quarter were just 6% higher than last year, and Tesla now faces a third straight year of falling sales.

Tesla’s sales recover slightly, but the trend lines are all bad
Tesla’s sales recover slightly, but the trend lines are all bad

Tesla’s first quarter sales report is out, and depending on how you look at it, the numbers are good but also bad. The company’s sales are up a modest 6 percent year over year, but that’s probably not the best way of looking at it considering the extraordinary circumstances surrounding Tesla – Elon Musk’s Nazi […]

Tesla (TSLA) Q1 2026 deliveries miss expectations at 358,000, builds 50,000 excess vehicles
Tesla (TSLA) Q1 2026 deliveries miss expectations at 358,000, builds 50,000 excess vehicles

Tesla released its Q1 2026 production and delivery results today, confirming 358,023 vehicle deliveries — about 7,600 units below the Wall Street consensus of 365,645 vehicles.

More concerning than the miss itself is the gap between production and d…

Tesla confirms Model S and Model X production is over — only ~600 left
Tesla confirms Model S and Model X production is over — only ~600 left

Elon Musk confirmed today that Tesla has stopped producing the Model S and Model X. Custom orders are no longer accepted, and only about 600 vehicles remain in inventory worldwide.

The CEO shared a throwback photo from the original Model S productio…

Xiaomi hires Tesla’s former head of sales in China to lead its auto retail push
Xiaomi hires Tesla’s former head of sales in China to lead its auto retail push

Xiaomi has recruited Kong Yanshuang, formerly Tesla’s General Manager for the China region, to take charge of its growing automotive sales operations. The hire signals a significant professionalization of Xiaomi’s EV retail strategy as the company targ…

Tesla FSD v14.3 launching this week, Musk claims ‘last piece of the puzzle’
Tesla FSD v14.3 launching this week, Musk claims ‘last piece of the puzzle’

Elon Musk announced today that Tesla “Full Self-Driving” v14.3 is currently in employee beta testing and will “probably go to wide release end of week.” Musk has described v14.3 as the version that will make your car “feel like it is sentient.”

If t…

Tesla expands unsupervised ‘Robotaxi’ area in Austin with only a handful of cars
Tesla expands unsupervised ‘Robotaxi’ area in Austin with only a handful of cars

Tesla has expanded the geofence for its unsupervised “Robotaxi” service in Austin, Texas, growing the area where vehicles can operate without a safety monitor inside the car.

But social media sightings indicate that only a handful of vehicles — some…

Tesla named on Iran’s 18-company target list threatening Gulf operations
Tesla named on Iran’s 18-company target list threatening Gulf operations

Iran’s Islamic Revolutionary Guard Corps (IRGC) has named Tesla among 18 US companies whose Middle East operations it is threatening to attack in retaliation for the killings of Iranian military leaders. The threat carries an explicit deadline: 8:00 PM…

Tesla showroom in Sydney torched in suspected arson, 3 vehicles destroyed
Tesla showroom in Sydney torched in suspected arson, 3 vehicles destroyed

A Tesla showroom in Parramatta, a suburb of Sydney, Australia, was set ablaze in an overnight attack that destroyed three vehicles and damaged the building. Jerrycan lids were found at the scene.

The fire is being investigated as a suspected arson —…

Tesla’s head of customer experience leaves for Coinbase as talent exodus grows
Tesla’s head of customer experience leaves for Coinbase as talent exodus grows

Tesla (TSLA) has lost another senior leader as Jose del Corral, the automaker’s head of product for customer experience, announced today that he is leaving after almost eight years to join Coinbase.

Del Corral’s departure lands on the same day as ye…