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Tesla is reevaluating the way it sells electric cars in China, its second-largest market, and considering closing some showrooms in flashy malls in cities like Beijing where traffic plunged during COVID restrictions, two people with knowledge of the plans…
Tesla Chief Executive Elon Musk blamed overreliance on factory robots for sending the electric carmaker to “production hell” four years ago, saying humans were better at certain jobs. My, how times have changed. Musk’s Texas company now is floating ambitious…
Tesla is reevaluating the way it sells electric cars in China, its second-largest market, and considering closing some showrooms in flashy malls in cities like Beijing where traffic plunged during COVID restrictions, two people with knowledge of the plans…
The secret behind Elon Musk’s goal of selling 20 million Tesla’s a year by 2030 lies in its pioneering battery technology. The good news is that by using bigger cells and a new process to dry-coat electrodes, Tesla could halve the cost of a Model Y battery,…
Tesla Inc is considering setting up a lithium refinery on the gulf coast of Texas, as it looks to secure supply of the key component used in batteries amid surging demand for electric vehicles. The potential battery-grade lithium hydroxide refining facility,…
Tesla’s shares closed 2% lower on Thursday as a three-for-one stock split announced by the world’s most valuable automaker to woo retail investors came into effect. The stock opened at $302 and closed at $296.07 as the split allowed investors to get two…
Tesla Inc’s second-quarter results on Wednesday are expected to show the strains of China’s COVID-19 lockdown and protracted startups of new factories. Investors want to know if the end of the year will be much better. Tesla has started layoffs, following…
A Black former elevator operator at Tesla Inc’s flagship California assembly plant on Tuesday rejected a $15 million award in his lawsuit alleging racial abuse by coworkers, opening the door for a new trial after a judge slashed a $137 million jury verdict.…
Former Tesla Inc employees have filed a lawsuit against the U.S. electric car company alleging its decision to carry out a “mass layoff” violated federal law as the company did not provide advance notice of the job cuts. The lawsuit was filed late Sunday in…
U.S. electric vehicle maker Tesla sold 32,165 China-made vehicles in May, including 22,340 for export, the China Passenger Car Association (CPCA) said on Thursday. That compares with 1,152 vehicles sold and none exported in April. The Tesla factory halted…
Tesla Inc reported 273 vehicle crashes since July involving advanced driving assistance systems, more than any other automaker, according to data U.S. auto safety regulators released on Wednesday. Automakers and tech companies reported more than 500 crashes…
The National Highway Traffic Safety Administration said on Thursday it has asked Tesla Inc for information about a recent 2021 Tesla Model Y fire in Vancouver, British Columbia, in which a driver reported struggling to exit. The NHTSA told Reuters the agency…
Tesla Inc is delaying U.S. deliveries of certain long-range models by up to a month, its website showed on Wednesday, as the electric-car maker tries to steer itself through supply-chain issues and disruptions in China operations. New orders for Model Y will…
“Tesla AI Day pushed to Sept 30, as we may have an Optimus prototype working by then,” he wrote on Twitter, almost two weeks after he announced the date of Aug. 19. Optimus is a humanoid robot that Tesla is working on priority. Musk has previously said that…
Tesla has often bashed Apple with Elon Musk claiming that the Cupertino-based tech giant is a graveyard of ex-Tesla engineers. Tesla has also famously not adopted Apple’s phone streaming technology called CarPlay, but Elon Musk could be warming up to the idea…
The National Highway Traffic Safety Administration said on Thursday it has asked Tesla for information about a recent 2021 Tesla Model Y fire in Vancouver, British Columbia, in which a driver reported struggling to exit. The NHTSA told Reuters the agency “is…
