Tesla execs said new cars launching this year will just be more affordable derivatives of existing cars, dashing investor hopes for all new models.

The grand prize winner provides crushed up rocks to farmers in the Global South that can help improve soil fertility and suck carbon from the air.

For years, Elon Musk has managed to do something like that with Tesla, achieving monumental success in spite of a series of self-inflicted disasters. There was the time he heavily promoted the company’s automated factory,

Tesla sales have been slumping because of intense competition from China and Musk’s support of far-right causes, which has turned off some liberals and centrists.

Tesla boss Elon Musk has pledged to "significantly" cut back his role in the US government after the electric car firm reported a huge drop in profit and sales for the start of this year. Musk has led the newly created advisory body - the Department for Government Efficiency (Doge) - since last year,