The company has devoted resources to autonomous driving rather than developing new models to attract car buyers.

Sales have plunged amid dislike of the company’s boss - but it’s not local carmakers who are benefiting from the dramatic ...

Despite the decline, Tesla’s share price rose in early trading, signalling that investors remain focused on the company’s ...

Tesla sales in Europe plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk ...

The poor showing is a considerable setback for investors, particularly as it follows Tesla's billionaire CEO, Elon Musk, ...

Omead Afshar, head of North America and Europe, was fired for failing to turn around the brand's flagging demand, according ...

Omead Afshar, Tesla’s head of manufacturing and operations, has been fired from the company by CEO Elon Musk after declining car sales.

We live in a one-party system, not a democracy,' Elon Musk wrote on X, as he announced the launch of his 'American Party' ...

Tesla Inc. Chief Executive Officer Elon Musk has assumed oversight of sales in Europe and the US, leaving deputy and senior ...

Reuters.com is your online source for the latest Elon Musk news stories and current events, ensuring our readers up to date with any breaking news developments ...

Last week, multiple outlets reported that Musk had fired Omead Afshar, the head of Tesla’s sales and manufacturing operations ...