IlluMyFi

Reduced European subsidies, a US shift to lower-priced hybrids and Chinese competition have squeezed EV maker

Tesla reported its first decline in annual deliveries on Thursday, as the automaker handed over fewer-than-expected electric vehicles in the fourth quarter and incentives failed to boost demand for its ageing lineup of models.

Shares of the company fell 3.5% before the bell, in a sign of investor worries over the challenges facing CEO Elon Musk, who expected promotions including zero-interest financing to power a “slight growth” in deliveries in 2024.

Sentiment

-0.98

Bearish/Bullish

06.01.25 09:07

by theguardian.com

LA tech entrepreneur nearly misses flight after getting trapped in robotaxi

Mike Johns’ self-driving car started circling a parking lot, but he recognizes there are ‘glitches that need stitches’

A tech entrepreneur based in Los Angeles became trapped in a malfunctioning self-driving car for several minutes last month, causing him to nearly miss a flight, he said.

Mike Johns was riding in an autonomous Waymo car on his way to Sky Harbor airport in Phoenix when the vehicle began driving around a parking lot repeatedly, circling eight times as he was on the phone seeking help from the company.