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

Community leaders, state lawmakers and advocacy groups are calling for a “clean break” from Tesla’s presence. The push comes as Tesla’s lease at the taxpayer-funded Riverbend facility nears its end.

Tesla shares plummeted as CEO Elon Musk’s promises for robotaxis failed to excite investors following another disappointing earnings report.

Waymo’s robotaxis are fully driverless and expanding fast, while Tesla’s service is still limited and invite-only. The gap is bigger than you think.

Earnings are expected to be around $0.44 per share, according to consensus estimates, reflecting a 15% drop compared to the previous year, while revenues are anticipated

New York state officials are pressing Tesla to repeal a company bylaw that limited investors’ rights to sue the EV maker over breaches of fiduciary duty.

Community leaders are calling on New York State to pump the brakes on extending Tesla’s lease agreement at the South Buffalo Gigafactory. Critics argue the factory’s deal with the state was “wasteful” from the beginning and are now urging state leaders to explore alternative companies to occupy the South Park Avenue

A number of local community advocates gathered outside the Tesla Gigafactory in South Buffalo, calling for New York State to explore new and better business opportunities for the site. Read more from

NEW YORK] The S&P 500 and Nasdaq edged up to fresh records on Thursday while the Dow retreated following a mixed round of corporate earnings that lifted Google parent Alphabet but battered Tesla. Read more at The Business Times.

Mr. Musk has said on many occasions since Autopilot was rolled out in 2015 that the system is much safer than human drivers and has claimed that Tesla’s technology was close to being able to pilot cars with no driver. Tesla uses the name Full Self-Driving for an advanced version of Autopilot, although it still requires drivers to remain attentive.