Pras Subramanian

    Senior Reporter

    Pras Subramanian covers the automotive, transportation, and mobility space for Yahoo Finance. Previously he was the senior producer of Yahoo Finance’s The Final Round, and before that a producer for ABC News and CNBC.

  • Tesla stock slides as Musk pushes deeper into robotaxis

    Tesla stock slipped again on Tuesday, with shares now down nearly 9% since yesterday after the company announced a “more than 10%” staff reduction.

  • Tesla layoffs an 'ominous sign' for the company, analyst says

    Tesla has announced a large reduction in staff on the heels of a disappointing Q1 delivery report, following in the footsteps of legacy automakers and pure-play EV makers, per an internal memo.

  • Ford targets Tesla owners with $1,500 EV 'conquest' rebates

    Ford is targeting one automaker in particular when it comes to boosting EV sales: Tesla.

  • Toyota debuts all-new 4Runner SUV with hybrid powertrain

    Toyota debuted its brand-new 2025 4Runner on Wednesday night, giving the SUV its first full makeover in 14 years, with a new hybrid powertrain to boot.

  • Why auto insurance costs are rising at the fastest rate in 47 years

    While car prices are dipping lower and are gradually coming back down to pre-pandemic levels, more Americans are still feeling the financial pinch from car ownership — because of insurance.

  • Rolex's new 2024 watches are a 'return to normalcy' after 'crazy' debuts

    Coming off a "hype watch"-fueled 2023, luxury Swiss watch giant Rolex is taking a step back with some toned-down debuts for 2024, mirroring a watch market that’s returning to normalcy.

  • Tesla robotaxis: Wall Street weighs in on Elon Musk’s latest gambit

    Tesla stock jumped in Monday trading as investors bought into CEO Elon Musk’s latest proclamation that Tesla would unveil its long-awaited robotaxi on Aug. 8.

  • Tesla stock falls 6% this week as slowing EV market hits sales, pricing, and its future strategy

    Tesla shares slipped on Friday, capping off a challenging week for the stock after a rocky first quarter with deliveries, pricing, and questions about its next models all weighing on the story.

  • Nissan exec says next-gen EVs will cost 30% less to make

    Nissan has plans to roll out 30 new models by 2026 as it leans into a more affordable lineup, even for its new EVs.

  • Ford delays next-gen EV offerings as it pushes further into hybrids

    Ford is dialing back its EV manufacturing buildout, trying to better time the market as it spreads out its capital investments.

  • Ford sales surge 6.8% powered by hybrids and EVs

    Ford is the latest to report strong first quarter sales.

  • Polestar betting two new SUVs will help it take on even its gas-powered rivals

    Polestar, with a revamped ownership structure and new funding in place, is hoping two new SUVs get the brand back on track.

  • Tesla stock tumbles almost 5% after big Q1 delivery miss

    Tesla tumbled after the EV maker reported a significant delivery miss for the first quarter. The Q1 delivery report comes after Tesla warned in January that its vehicle volume growth rate would be "notably lower" than in 2023.

  • GM US sales dip 1.5% in Q1, but retail deliveries jump 6%

    GM reported Q1 sales figures for the US that topped estimates, though they were down compared to a year ago due to lower fleet sales. GM said sales of trucks and pickups powered results at the retail level.

  • The EV transition likely to take longer than the Biden administration would like: Toyota exec

    Given the state of the electric vehicle transition in the US, EV-skeptic Toyota may be having the last laugh.

  • Tesla hikes prices in US and China despite rivals' cuts and incentives

    Tesla is hiking prices across a number of regions as a crucial first quarter for the company came to a close.

  • NY International Auto Show: What top automakers are saying

    This week, automakers from around the world descended on New York City for the 2024 New York International Auto Show. From the latest models to the newest technology, Yahoo Finance's Pras Subramanian spoke with top executives from the likes of Nissan (NSANY) and Polestar (PSNY) about what buyers can expect for the months and years to come. Key video moments: 00:00:10 The latest on the Camry and the EV transition from Executive Vice President of Toyota Motor North America Jack Hollis (TM) 00:08:32 Polestar CEO Thomas Ingenlath talks the Polestar 3 and Polestar 4 00:13:00 Nissan Americas Chairman Jérémie Papin on what sets the newest Kicks apart 00:18:24 Kia K4 makes its debut. Kia America COO Steve Center explains why it's so special to Kia (000270.KS) Editor's note: This article was written by Stephanie Mikulich

  • Tesla's Q1 to forget: Poor guidance, China woes, and Musk antics hit EV maker's stock hard

    For Tesla, a combination of poor guidance, a tough selling environment in China, and more drama from CEO Elon Musk led the EV maker — which topped $750 billion in market cap to start the year — to shed over $200 billion since Jan. 1.

  • Tesla history: Beyond the Ticker

    Originally inspired by General Motors (GM) ending its EV1 program, Tesla (TSLA) has become the world's leading electric vehicle manufacturer. In 2023, Tesla generated nearly $97 billion in revenue, and its market cap is over $570 billion. The company was Yahoo Finance's top trending ticker of 2023, with over 300 million page views. Let's take a look at some of the company's biggest moments with Beyond the Ticker. 2003 Originally named Tesla Motors, Tesla was founded by Martin Eberhard and Marc Tarpenning. 2004 Elon Musk joined the company, investing over $6 million of his own money and becoming Chairman of its Board of Directors. 2006 Tesla unveiled the prototype for its Roadster, which entered production in 2008. It was the first all-electric car to use lithium-ion battery cells. 2007 After co-founders Eberhard and Tarpenning left the company, Musk took over as Tesla CEO. 2010 On June 29, 2010, Tesla went public via IPO on the NASDAQ at $17 per share. 2016 Tesla unveiled the Model 3, its first mass-market vehicle. Later that year, Tesla agreed to acquire SolarCity for $2.6 billion. 2017 On July 6, 2017, Tesla stock crashed after delivery concerns. The company lost more than $12 billion. 2020 Defying expectations, Tesla recorded four profitable quarters in a row from 2019-2020, making it eligible for inclusion in the S&P 500 (^GSPC). 2021 On November 4, 2021, the company reached an all-time high stock price of $409.97. 2023 Originally introduced in 2019, the first Tesla Cybertrucks were delivered to customers in November 2023. Tesla continues to produce despite its setbacks due to lawsuits, manufacturing delays, and Musk's controversial statements. Investors will continue to wait for the next wave of innovation from the world's most valuable automaker. From tech giants to retail titans, Beyond the Ticker is a historical series that takes a deep dive into some of Wall Street's trending companies and how they transformed into the financial icons they are today. Check out more of our Beyond the Ticker series, and be sure to tune in to Yahoo Finance. Editor's note: This video was produced by Zach Faulds.

  • Boeing CEO Dave Calhoun to step down amid 737 Max troubles

    Boeing announced Monday that its CEO, Dave Calhoun, would step down at the end of the year.