Tesla told Austin workers on its Model Y and Cybertruck lines to stay home for the week of Memorial Day, three workers told Business Insider. The break is unusually long, the workers said. Production lines were up and running during the same period last year, they said.The electric-car maker notified employees earlier this week. Workers, who are paid hourly, were told they could either take paid time off or come in for cleaning and training, but would not be working on the production line. The workers s ...

Tesla (TSLA 5.06%) reported a relatively weak first quarter less than a month ago, but investors have been piling into the stock anyway. That continued today with Tesla shares soaring 5.7% as of 10:45 a.m. ET.That gives the stock a nearly 30% return since it reported first-quarter results on April 22. It's all about ChinaInvestors shrugged off a poor first quarter after the company said it was still planning to launch its fully autonomous driving technology on the roads in June. Additionally, CEO Elon Musk ...

Market Overview - The Mexico Crawler Excavator Market was sized at 8,669 units in 2024 and is projected to reach 11,044 units by 2030, with a CAGR of 4.12% [1][19]. Market Trends & Drivers - There is a growing demand for modern technology excavators in Mexico, with suppliers offering multifunctional excavators equipped with advanced accessories [3]. - The global push for reduced carbon emissions is increasing the demand for low-emission construction equipment in Mexico [4]. - Medium-size excavators dominated the market in 2024, driven by significant investments in public infrastructure projects [5]. - The utilization of crawler excavators in the construction industry is over 60% [5]. - XCMG has doubled its business in Mexico in the first half of 2023 compared to the same period in 2022, indicating strong market growth [5]. - The Mexican construction industry is shifting towards sustainable and electrified solutions, with a focus on electric crawler excavators [7]. Infrastructure Investment - The Mexican government plans to increase investment in public infrastructure projects in 2025, focusing on roads, ports, railways, airports, and telecommunications [9]. - A public-private investment package is set to include over 40 infrastructure projects, which is expected to bolster the crawler excavator market [10]. - The government has allocated over USD 7 billion for expanding the railway network by 3,000 km in 2025, with a long-term plan of USD 58 billion for a new railway line expansion [11]. - An investment of USD 8.4 billion is planned for expanding roadways over 4,000 kilometers under the National Highways Infrastructure Program [12]. Industry Restraints - High construction costs and market uncertainty are challenges facing the Mexican crawler excavator market in 2025 [13]. - Geopolitical uncertainties, including potential high tariffs on goods imported from Mexico, may negatively impact exports and business [14]. - The depreciation of the Mexican peso has made imports of construction materials more expensive, leading to increased prices [16][17]. Vendor Landscape - Prominent vendors in the Mexico crawler excavator market include Caterpillar, Komatsu, Volvo Construction Equipment, Hitachi, SANY, and XCMG, among others [21].

Tesla's Bitcoin stash is worth more than $1 billion.Tesla (TSLA 3.31%) has had a tough start to the year. Its stock is down almost 30% year to date, and disappointing is, frankly, a polite word to use about its first-quarter results. Its revenue and earnings per share missed analyst expectations, and its automotive revenue fell 20% year on year.But there's been plenty of coverage of Tesla's troubles. If you're a crypto investor, there's a less-reported figure to note in Tesla's recent earnings: Its crypto h ...

Core Insights - Tesla has discontinued the Cybertruck range extender, which was previously offered as a $16,000 accessory to enhance the vehicle's range [1][2] - Customers who had reserved the range extender with a $2,000 deposit have been refunded [1] - The cancellation follows delays and a reduction in the initial range estimates for the Cybertruck [2][4] Group 1: Product Specifications and Changes - The range extender was expected to increase the dual-motor variant's range to approximately 445 miles and the tri-motor variant's range to over 415 miles [2] - Initially, the Cybertruck was marketed to deliver over 500 miles of range at a starting price of $77,000, with lower versions priced at $39,900 and $49,900 [3] - The actual launch of the Cybertruck revealed a lower range of 301 to 318 miles and higher prices, with the Foundation Series starting at $120,000 and the lowest-cost version at $60,990 [4] Group 2: Market Performance and Challenges - The cancellation of the range extender is seen as a setback for the Cybertruck, which has faced challenges in sales and production [7] - Reports indicate that Tesla delivered fewer than 50,000 Cybertrucks, and production has been scaled back [8]

Tesla’s (TSLA) grip on the world’s largest EV market is slipping. In April, the company sold just 58,459 vehicles in China, down nearly 6% from a year ago. The figure also reflected a steep 26% drop from March, according to data from the China Passenger Car Association. In the first four months of 2025, Tesla’s China sales have declined over 18% year over year to 231,213 units.The numbers are raising red flags. While local rivals are posting strong growth, Tesla is struggling with an aging product lineup an ...

Conservative individual investor that tends toward value investing but not exclusively. Learning new strategies and look forward to sharing in dialogue with others here to learn. I taught a financial management for non-financial managers class as an adjunct professor that touches on financial statement and project financial analysis but am on an extended sabbatical due to other time commitments. At times a Seeking Alpha Top 40 REIT Contributor, Top 100 Mutual Funds and Financials contributor. Occasional blo ...

Tesla Stock Is Rising. There’s Little Evidence of a Post-DOGE Sales Recovery. ...

Group 1 - Tesla's attempt to trademark "Robotaxi" has been refused by the U.S. Patent and Trademark Office (USPTO) for being too generic, while another application for the same term related to its ride-hailing service is still under examination [1][3][6] - Applications for the trademark "Cybercab" have been halted due to other companies pursuing similar "Cyber" trademarks, including those related to aftermarket Cybertruck accessories [2] - The USPTO issued a "nonfinal office action" on the "Robotaxi" trademark application, giving Tesla three months to respond or risk abandonment of the application [3][6] Group 2 - Tesla applied for the trademarks on October 2024, coinciding with the reveal of the Cybercab, an electric vehicle intended for its autonomous ride-hailing service [4] - The USPTO examiner found no conflicting trademarks but deemed "Robotaxi" as "merely descriptive" and generic in the context of similar goods and services [5][6] - Tesla is required to submit evidence and arguments to support its claim for the "Robotaxi" trademark, including fact sheets and promotional materials [8][9]

The auto industry is entering rough terrain. In early April, the United States slapped a 25% tariff on imported vehicles, and just days ago, it rolled out another 25% duty on auto parts that don't comply with United States- Mexico-Canada Agreement rules. These new tariffs are set to drive up costs for automakers by tens of billions of dollars, costs that could ultimately hit consumers through higher car prices. The demand for vehicles is likely to soften, while supply chain chaos is expected to increase. As ...