Tesla (TSLA) Company Report

Victor Nechita, Tesla’s Cybercab vehicle program manager, is departing after nearly six years to start a new role in Boston.
His exit comes as Tesla gears up for volume production of the purpose-built Cybercab in April, following the first unit roll-off at Gigafactory Texas.
Nechita’s departure is one of several recent executive exits amid two years of declining sales, including the announced departure of Raj Jegannathan and the firing of Omead Afshar.
Despite leadership changes and sales pressures, Tesla reported 1.64 million global deliveries in 2025, maintains a $1.53 trillion market cap, and holds an Altman Z-Score of 18.24.

2 days ago

Barron's

Tesla sues California DMV over Autopilot advertising

TSLA

Legal Proceedings

Product Launch

Tesla sues California DMV, challenging a ruling that its Autopilot and Full Self-Driving branding constituted false advertising, arguing the DMV never proved consumer confusion.
The company says it has complied with corrective demands—updated its marketing and moved FSD sales to a subscription model—but continues the legal fight after the DMV paused license suspension.
An administrative law judge and the DMV found that Tesla’s marketing materials dating back to 2021 violated state law, citing potentially misleading consumer language.
Tesla’s stock slipped 2.91% to $399.83 at Monday’s close before edging up to $400.57 in overnight trading, reflecting investor concern over regulatory challenges.
Elon Musk confirmed a major upcoming FSD upgrade allowing natural-language commands, which may shape future regulatory scrutiny.

4 days ago

Barron's

Tesla fails to overturn $243 M jury verdict

TSLA

Legal Proceedings

U.S. District Judge Beth Bloom refused to overturn or reduce a $243 million verdict against Tesla over a 2019 Key Largo crash.
A Miami jury assigned Tesla one-third of the fault, awarding $19.5 million and $23.1 million in compensatory damages plus $200 million in punitive damages.
The crash involved a Model S on Enhanced Autopilot; the driver said he expected the system to brake automatically after dropping his phone.
The ruling is likely to be appealed to the Eleventh Circuit and raises regulatory and reputational scrutiny of Tesla’s driver-assistance technology.

7 days ago

Morningstar

Tesla cuts Cybertruck prices with new $59,990 dual-motor model

TSLA

Product Launch

Demand Weakening

Tesla launched a $59,990 dual-motor AWD base Cybertruck and cut the high-end Cyberbeast to $99,990 as part of its price reduction strategy.
Cybertruck sales fell to 20,237 units in 2025, a 48% decline from nearly 39,000 in 2024, highlighting weakening demand.
Price cuts were achieved by removing or downgrading comfort and convenience features, including swapping air suspension for coil springs and eliminating rear displays.
Investors will watch order trends, margins, and upcoming delivery figures to assess if these cuts drive sustainable volume growth without overly compressing profitability.

8 days ago

Morningstar

Tesla avoids California license suspension after dropping 'Autopilot' marketing

TSLA

Legal Proceedings

Demand Weakening

Tesla avoided a 30-day suspension of its California dealer and manufacturer licenses after halting use of "Autopilot" marketing in the state.
The reprieve follows an administrative judge’s ruling that Tesla overstated Autopilot and FSD capabilities and an initially harsher penalty proposal.
Regulators first brought charges in 2022, and the compliance action averts a potential sales freeze in Tesla’s largest U.S. market.
The outcome arrives amid weakening EV demand post-tax credit expiry as Tesla pushes ahead on robotaxi and humanoid initiatives.

Feb 18, 2026, 12:59 AM

Bloomberg

Tesla reports 14 Robotaxi crashes in Austin

TSLA

Tesla reported 14 Robotaxi crashes in Austin since the service launched in June 2025 across roughly 45 vehicles, including five new incidents added by Electrek and NHTSA filings.
The fleet has covered ~800,000 paid miles, implying a crash every 55,000–57,000 miles, or about nine times the average U.S. driver crash rate.
Newly filed NHTSA reports detail collisions with a fixed object at 17 mph, a bus while stationary, a heavy truck at 4 mph, and two low-speed backing incidents at 1–2 mph.
Tesla revised a July 2025 crash report from property damage only to Minor W/ Hospitalization for a right-turn collision with an SUV at about 2 mph.
Market reaction: shares fell $11.28 (2.7%) to $406.16 on the trading day the new reports circulated, with trading volume around 31.95 million shares.

Feb 17, 2026, 4:13 PM

Bloomberg

Tesla January deliveries impacted by China auto market downturn

TSLA

Demand Weakening

China’s new-energy vehicle retail sales fell 20% YoY to about 596,000 units in January amid the end of tax exemptions and fading stimulus.
Tesla’s Shanghai plant delivered 69,129 cars to Chinese buyers in January and exported 50,644 units that month.
Overall Chinese vehicle exports reached 681,000 units, up 44.9% YoY despite a 9.5% MoM decline.
Market leader BYD saw sales drop about 30% YoY, underscoring broad pressure on automakers.

Feb 11, 2026, 8:44 AM

WSJ

Tesla North America Sales Chief Resigns Amid Slump

TSLA

Management Change

Demand Weakening

Raj Jegannathan, Tesla’s VP of IT and AI infrastructure, resigned after under seven months as North America sales chief, concluding a 13-year tenure at the company.
Tesla’s 2025 revenue fell 3% year-over-year, marking its first annual decline on record.
In the most recent quarter, deliveries declined 16% year-over-year, with U.S. sales down about 7% and Canadian sales plunging over 60% after rebate suspensions.
This departure follows an April 2024 workforce reduction of over 10% and other senior exits in 2025, underscoring ongoing leadership turnover amid weakening demand.

Feb 9, 2026, 11:02 PM

Bloomberg

Tesla shares slide after Europe sales plunge

TSLA

Demand Weakening

New Projects/Investments

Tesla shares fell 2.2% to $397 in early trading amid a broader tech selloff over rising AI capital spending and valuation concerns.
The company has set up an AI training center in China focused on local applications and assisted driving.
Tesla’s core vehicle business is under pressure in Europe and the U.K., where Volkswagen surpassed Tesla in BEV deliveries and Tesla’s registrations and January U.K. deliveries plunged.

Feb 5, 2026, 10:26 PM

Barron's

Tesla China shipments rise 9% in January

TSLA

Revenue Acceleration/Inflection

New Projects/Investments

Tesla’s Shanghai factory shipped 69,129 vehicles in January, up 9% from December and marking a third consecutive month of growth.
This growth contrasts with sharp declines at domestic rivals BYD and Xpeng amid fading government incentives and policy shifts.
Tesla has supported sales with seven-year ultra-low-interest loans and an 8,000 yuan insurance subsidy on Model 3/Y purchases in China.
The company expanded its in-car dashcam buffer beyond the previous 60-minute limit and is developing Apple CarPlay for its vehicles.