Latest news with #Tesla-related
Yahoo
07-06-2025
- Automotive
- Yahoo
Lipstick vandalism? The latest Boise-area attack on a Tesla involved makeup
A 2024 Tesla Cybertruck was given an extreme makeover about 1:50 p.m. Wednesday in the Boise area, after a vandal smeared lipstick across the truck's stainless steel surface. The suspect, who was seen arriving in a red sedan, is suspected of causing an estimated $500 worth of damage to the vehicle, according to a news release from the Meridian Police Department. Police reported that they had identified a suspect by Friday afternoon. The lipstick was used to draw on the side of the Tesla Cybertruck, but what was drawn and the shade of lipstick were not disclosed in the news release. This crime comes amid a long string of Tesla-related vandalisms, one of which occurred in April and involved $100,000 in damages after an individual vandalized vehicles and property at the Tesla dealership in Meridian. The FBI was contacted during that incident. In a survey of more than 500 Tesla owners, conducted by Guardian Service, an online insurer, it was determined that nearly half reported instances of intentional damage to their vehicle. Moreover, as tensions continue to rise between those who own Tesla cars and those who oppose Elon Musk, nearly three-fourths of Tesla owners who responded feel as though they are more likely to be victims of targeted vehicle-related vandalism than those who don't drive Teslas.
Yahoo
03-06-2025
- Automotive
- Yahoo
Tesla Faces Internal Fallout Over $25K EV Denial
Tesla (TSLA, Financials) executives were caught off guard when Elon Musk denied reports in April 2024 that Tesla had canceled its long-anticipated $25,000 electric vehicle. Internally, the projectoften called the Model 2had already been shelved; employees had been told as much weeks earlier, Reuters reported Monday. Musk's postReuters is lyingcame just minutes after the story published; it halted a sharp drop in Tesla's stock. Shares trimmed their losses but still closed down 3.6% that day. Some senior managers, confused by the contradiction, reportedly asked Musk if the decision had changed; he said it hadn'tthe car was still off the table. Tesla later told investors it still planned to launch more affordable models; however, they would be built on existing platforms. Instead of a ground-up, budget EV, the company is now developing simplified versions of the Model 3 and Model Y; the rollout, expected in early 2025, has been delayed and lacks pricing details. Internally, the about-face sparked concern. Some executives feared Musk's denial could mislead investorsespecially since the $25,000 car had been a key part of Tesla's long-term growth narrative. A few even raised the risk of regulatory trouble; Musk remains under a consent decree requiring legal review of certain Tesla-related social media posts. On the same day as his denial, Musk tweeted that Tesla would unveil a robotaxi on August 8; the post gave shares a boost in after-hours trading. That launcheventually delayed until Octoberunderwhelmed investors. Meanwhile, Tesla's global momentum is slowing. Sales fell 13% in Q1 2025; 2024 marked the first year of annual sales decline. Chinese rival BYD has taken the lead in the low-cost EV race; its Seagull model, priced under $10,000 in China, is expanding globally. Some investors have lost confidence. Gary Black of Future Fund LLC told Reuters he sold a $1.2 million Tesla stake; he no longer expects a truly affordable, next-gen modeljust a cheaper Model Y. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New York Post
01-05-2025
- New York Post
Teen charged in Tesla firebombing released from federal custody to continue gender-affirming medical care: report
The college student accused of firebombing a Tesla dealership has been released from federal custody to continue gender affirming medical care, according to a report. Owen McIntire, 19, is facing federal charges for allegedly tossing two Molotov cocktails into a Missouri Tesla dealership last month, causing hundreds of thousands of dollars in damages to two Cybertrucks and two charging stations, according to the feds. The University of Massachusetts physics student was granted release by US Magistrate Judge Jessica Hedges due to 'serious and ongoing' medical needs — which include gender-affirming medical care that requires daily medication as well as mental health support, according to KMBC. Advertisement 4 Owen McIntire, 19, is facing federal charges for allegedly tossing two Molotov cocktails into a Missouri Tesla dealership on March 17, 2025. Department of Justice McIntire is also on the autism spectrum and was diagnosed with both ADHD and depression, all of which require medications and treatments that excuse him from remaining in prison, his lawyers successfully argued. 'By moving back home with his parents, he will have access to the care providers who are familiar with him and his specific needs,' the court documents read, according to KSHB. Advertisement Judge Jessica Hedges, who was appointed in 2024, overruled objections from US attorneys from the Western District of Missouri who claimed the terrorism-related charges warranted that McIntire be treated as a public safety threat, KMBC reported. McIntire was granted release into the custody of his parents on April 24 and will undergo strict confinement and electronic monitoring at the family's Missouri home while he awaits trial, KMBC reported. Feds sought to keep the 19-year-old in custody during the lead-up to the trial — with officials emphasizing at the time of his arrest that Tesla-related vandalism would be prosecuted thoroughly. 4 Destroyed Tesla Cybertrucks at the Missouri dealership after the alleged firebombing. KMBC News Advertisement 4 Evidence collected at the scene pointing towards McIntire's alleged arson. Department of Justice 'Let me be extremely clear to anyone who still wants to firebomb a Tesla property: you will not evade us,' US Attorney General Pam Bondi warned in a DOJ statement at the time of McIntire's apprehension. 'You will be arrested. You will be prosecuted. You will spend decades behind bars. It's not worth it,' Bondi added. 4 McIntire was granted release into the custody of his parents on April 24 and will undergo strict confinement and electronic monitoring at the family's Missouri home while he awaits trial, KMBC reported. Department of Justice Advertisement McIntire is charged with malicious damage to property by fire of any property used in interstate commerce and one count of unlawful possession of an unregistered destructive device. The accused firebug is set to appear for a May 1 hearing at the federal courthouse in Kansas City, Missouri.
Yahoo
22-04-2025
- Automotive
- Yahoo
Another Way To Trade Tesla's Earnings: Counting Elon Musk's Words
Looking for a way to trade Tuesday afternoon's Tesla earnings? You could bet on the stock making a big move—or you could try something a bit weirder: counting Elon Musk's words. Prediction markets are offering wagers on a range of Tesla-related (TSLA) outcomes that have little to do with the numbers. At PolyMarket, you can bet on the number of times Musk, the company's CEO, says certain things during the company's conference call later today. Options range from 'AI' (or 'artificial intelligence') to 'MAGA' (or 'Make America Great Again'). The likelihood of the former happening was recently given as 95%, the highest expected odds in the platform's list, meaning a successful $10 bet would get you $10.11. The latter acronym's odds were recently 11%, meaning $1 would get you nearly $73. (You also can bet on words like 'Trump,' 'Mars,' and 'inflation.') At Kalshi, among other bets, $10 wagered on the chance that any Tesla representative says the word 'Roadster' will get you $20. Investors, meanwhile, expect a substantial move in Tesla's shares in coming days. Wall Street analysts remain divided on their expectations for the electric vehicle maker's results. Read the original article on Investopedia Sign in to access your portfolio
Yahoo
18-04-2025
- Yahoo
FBI Director announces charges in Kansas City Tesla dealership fire
KANSAS CITY, Mo. — A 19-year-old from Kansas City has been arrested and charged in connection with an arson attack at a Tesla dealership, according to the Federal Bureau of Investigation (FBI). This comes after two Tesla Cybertrucks were damaged in what the FBI says was an arson attack at a Tesla dealership in Kansas City, Missouri. Missouri Attorney General sues city of Kansas City over Sunshine request FBI Director Kash Patel took to X to announce the charges, which stem from the incident on March 17. 'This is our second Tesla-related arrest this week as our FBI teams continue our aggressive work to crack down on domestic terrorism cases like this one. @AGPamBondi has given us the support to pursue these cases, and we are acting accordingly,' Patel wrote. The press release says the 19-year-old charged, identified as Owen McIntire, is a Kansas City resident who attends college in Boston. He's accused of committing arson while he was back in Kansas City for spring break, the release says. McIntire is being charged with one count of unlawful possession of an unregistered destructive device and one count of malicious damage by fire of any property using in interstate commerce. The charges allege that McIntire used a Molotov cocktail to damage the dealership and vehicles. 'Let me be extremely clear to anyone who still wants to firebomb a Tesla property: you will not evade us,' said Attorney General Pamela Bondi. 'You will be arrested. You will be prosecuted. You will spend decades behind bars. It is not worth it.' US has 800 measles cases and outbreaks in several states. Here's what you should know On March 17 around 11:15 p.m., a KCPD officer noticed smoke coming from a Cybertruck at the dealership and an unbroken Molotov cocktail near the truck. According to records, the fire from the first truck spread to another before KCFD arrived to extinguish it. The release also claims that two charging stations were also damaged in the fire. McIntire made his first court appearance on Friday, April 18, in the U.S. District Court in Massachusetts. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
