Tesla revenue dropped 12%, and profits slumped 16% in the three months through June as buyers continued to steer clear, and in some cases, turn to more affordable competitors' offerings.

Tesla reported another quarter of reduced profits after Elon Musk’s stint in the Trump administration. The president’s tax bill creates new business challenges.

The fallout from Elon Musk's plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter.

OpenAI CEO Sam Altman was unsurprised by Tesla CEO Elon Musk’s fallout with President Trump, telling reporters, “Elon busts up with everybody…that’s what he does.” After the Musk-Trump partnership unraveled,

Tesla attributed the revenue decline to a drop in vehicle deliveries, less money from regulatory credit sales and a lower average selling price for its vehicles. Still, Musk struck an optimistic tone on Tesla’s post-earnings call and is banking on a rapid expansion of the company’s robotaxi service.

Donald Trump made it clear on Thursday that he won’t be pulling the plug on federal subsidies going to Elon Musk, even as tensions between the two remain high.

Billionaire Elon Musk said Saturday he is forming a third political party, after a dramatic falling out with Donald Trump, indicating he will make good on threats he made if the president’s domestic policy bill became law.

The Trump administration is exploring alternatives to SpaceX for the $175 billion Golden Dome missile defense system due to a fallout between Trump an

Elon Musk changed his phone number after a conflict with President Trump, according to House Speaker Mike Johnson.

In a rare interview after the Musk-Trump row, Silicon Valley founder Philip Low predicts his former friend will seek retaliation against the president.

Wall Street may be skeptical about Tesla’s upcoming quarters, but CEO Elon Musk made four surprising announcements that could be game-changers — if they prove true.