Sales of Tesla’s Cybertruck have plummeted from their peak last year, to the point that the hulking (and expensive) GMC Hummer EV outsold the polarizing steel-clad curiosity in the second quarter.

The hype is dead. The Tesla Cybertruck, once billed as the future of electric vehicles, is now looking like a commercial bust.

Ross Gerber told BI that "there's nothing good for Tesla" in Trump's budget bill, and the stock should be trading more in line with mega-cap peers.

A federal court in Miami began considering Monday whether Elon Musk's car company should share blame for the death of a stargazing university student after a runaway Tesla sent her flying 75 feet through the air and severely injured her boyfriend.

Tesla will hold a shareholder vote on whether Elon Musk’s carmaker should invest in his artificial intelligence startup, xAI, the billionaire said in a post on X Sunday.

Tesla faces three more trials over fatal Autopilot crashes in the next nine months in California. It’s also scheduled to go to trial in Houston over a case brought on behalf of five police officers badly injured on the side of a freeway when a Tesla on Autopilot plowed into a parked squad car at 70 miles (113 kilometers) per hour.

Musk, never one to pass up the opportunity to showcase his juvenile sense of humor, quote-tweeted the image of the phallic geofence shortly afterwards and wrote “Bigger, longer and uncut” accompanied by a laughing emoji in an apparent reference to the South Park movie.

ARK Invest bought Tesla stock on Tuesday, about a week before the electric-vehicle maker reports second-quarter earnings.