This suggests that the addition of the Model Y L to Tesla China’s lineup will not result in a case of cannibalization, but a possible case of “premiumization” instead.
Tesla is perhaps the biggest beneficiary of Ford's decision, especially as it will no longer have to deal with the sole pure EV pickup that outsold it from time to time: the F-150 Lightning.
The analysis found CEO Elon Musk’s brother Kimbal has earned nearly $1 billion since 2004, based on the appreciated value of stock options held or liquidated
Tesla's shares closed at a 2025 high on December 15 after the company confirmed it is testing driverless vehicles in Austin without a human safety operator — Nearly six months after launching a limited Robotaxi service in Austin, Texas…