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Tag: Tesla


Regulations

Delaware Overturns Judge’s Ruling Blocking Tesla Dealership

May 16, 2023

Via: Transport Topics

Delaware’s Supreme Court on May 15 overturned a judge’s ruling upholding a decision by state officials to prohibit electric vehicle maker Tesla from selling its cars directly to customers. In a ruling last year, a Superior Court judge determined that […]


Industry Focus Areas, Motorized Vehicle

Tesla Keeps Growing, but at What Cost?

April 3, 2023

Via: The Wall Street Journal

Tesla’s stock is back to being boringly expensive. There was nothing in the electric-vehicle maker’s first-quarter volume data to move the needle on investors’ typically entrenched views. Tesla said on Sunday it produced just shy of 441,000 vehicles and shipped […]


Energy, Industry Focus Areas

eDRV Raises Seed Round to Accelerate An Interconnected EV Charging Ecosystem

February 17, 2023

Via: PR Newswire

eDRV, an API-first electric vehicle (EV) charging management solution used at over 7,500 charging locations globally, announced today it has closed on a seed funding round with an international set of investors, including Automotive Ventures from the United States, NP-Hard […]


Industry Focus Areas, Motorized Vehicle

Tesla Profits Beat Estimates

January 25, 2023

Via: Transport Topics

Tesla Inc. reported better-than expected profits in the latest quarter, signaling strength as it faces growing questions about carbuyer demand for its all-electric vehicle lineup. The Austin, Texas-based company reported adjusted earnings of $1.19 a share, besting the $1.12 a […]


Industry Focus Areas, Motorized Vehicle

Elon Musk Sold Tesla Shares Before Company Acknowledged Weakness

January 20, 2023

Via: The Wall Street Journal

Late last year, after a wave of news reports pointing to sagging demand for his company’s vehicles, Tesla Inc. Chief Executive Elon Musk sold almost $3.6 billion of his shares in the electric-car maker. On Jan. 2, Tesla announced fourth-quarter […]


Industry Focus Areas, Motorized Vehicle

Tesla Cuts Prices Across Models Sold in U.S.

January 13, 2023

Via: The Wall Street Journal

Tesla Inc. TSLA 0.28%increase; green up pointing triangle cut prices for some of its vehicles sold in the U.S. by nearly 20%, aiming to lure new buyers at a time Wall Street is concerned appetite for the car maker’s vehicles […]


Industry Focus Areas, Motorized Vehicle

U.S. EV Sales Jolted Higher in 2022 as Newcomers Target Tesla

January 6, 2023

Via: The Wall Street Journal

U.S. electric-vehicle sales leapt by two-thirds in 2022 while the broader auto market contracted, newly released year-end figures show, as fresh plug-in models from traditional auto makers whittled away at EV juggernaut Tesla Inc.’s lead. Auto makers sold 807,180 fully […]


Industry Focus Areas, Motorized Vehicle

Tesla Stock Headed for Its Worst Year on Record

December 30, 2022

Via: The Wall Street Journal

Tesla Inc. is poised Friday to close the worst year in the stock’s history, having lost more than $700 billion in market valuation amid investor concerns about production disruptions, demand worries and Chief Executive Elon Musk‘s focus on Twitter Inc. […]


Energy, Industry Focus Areas

Florida’s Blue Innovations Group Betting on Electric Boats

December 29, 2022

Via: Transport Topics

As Tesla helped usher in electric cars, a Tampa Bay, Fla., company seeks to do the same for boating. Blue Innovations Group, founded by former Tesla global head of manufacturing Chuan “John” Vo, is working out of Pinellas Park on […]


Process, Production

Tesla to Cut Output of EVs at Shanghai Factory

December 5, 2022

Via: Transport Topics

Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn’t meeting expectations. The output cuts will take effect as soon as this week, said the […]


Industry Focus Areas, Motorized Vehicle

Is Tesla Cybertruck Launch Delayed Again? Reports Say Mass Production Will Start by the End of 2023

November 1, 2022

Via: Tech Times

Tesla is reportedly expecting to begin mass production of the Cybertruck by the end of 2023, two years beyond the original timetable for the highly-anticipated sharp-angled electric truck that CEO Elon Musk introduced in 2019. This information was given to […]


Regulations

Tesla Countersues California Agency That Filed Racial Discrimination Lawsuit

September 22, 2022

Via: The Wall Street Journal

Tesla Inc. TSLA -4.06%▼ has countersued the California agency that filed a racial discrimination lawsuit against the company, alleging that the government organization violated state law in bringing about the suit. The electric-vehicle maker, in the suit filed Thursday in […]


Industry Focus Areas, Motorized Vehicle

Tesla Adds More Job Vacancies for ‘Semi Service Program’ as Preparation for Electric Truck Deliveries

September 2, 2022

Via: Tech Times

Tesla adds more job openings for its ‘Semi Service Program’ for the first batch deliveries of the upcoming Tesla Semi Electric Trucks, as reported by Electrek. 2017 when the large vehicle was introduced, followed by the production that started in […]


Industry Focus Areas, Motorized Vehicle, Process, Production

Elon Musk Congratulates Tesla Shanghai For Producing One Million Cars; Total EV Production Exceeds 3 Million

August 15, 2022

Via: Tech Times

Tesla’s car production has fared well after it hit over three million EV units. CEO Elon Musk congratulated the Shanghai Gigafactory for making its one-millionth unit despite several issues in the country, including COVID-19 lockdowns. Although it has proven that […]


Industry Focus Areas, Motorized Vehicle

Elon Musk Announces Tesla’s 3 Millionth Electric Car, Sets Production Plans for 20 Million EVs Annually

August 5, 2022

Via: Tech Times

Since its founding in 2004, Tesla recently announced that it has already produced 3 million electric vehicles, as reported first by Electrek. Elon Musk, the CEO of Tesla and SpaceX, said that the company developed its 3 millionth vehicle over […]


Industry Focus Areas, Motorized Vehicle

Tesla is Changing Giga Press Suppliers—Report Claims Two Machines for EV Company

August 1, 2022

Via: Tech Times

Tesla is reportedly looking for a new supplier regarding its Giga Press, and it focuses on a different manufacturer that would help in making its casting machines for mass-producing electric vehicles. The first reveal of the casting machine is for […]


Industry Focus Areas, Motorized Vehicle

Tesla Poised for Earnings Hit From China Factory Shutdown

July 20, 2022

Via: The Wall Street Journal

Tesla Inc. TSLA 2.07%▲ is expected to report its first sequential decline in quarterly profit in more than a year as it recovers from an extended shutdown at its Shanghai assembly plant. Covid-19-related restrictions in China and ongoing supply-chain disruptions […]


Industry Focus Areas, Motorized Vehicle

World’s Largest EV Market Expected to Lose 11% of Market Share by 2025

July 11, 2022

Via: PR Newswire

After dominating the electric vehicle (EV) market since launching its first model in 2008, Tesla Inc. (NASDAQ: TSLA) will likely lose its position as the world’s largest EV maker by 2025 as competitors launch 135 new EVs to the market. […]


News

Alleged Tesla Spying Issue Leads To Road Ban in China! Here’s Why This is Bad News for the EV Maker

June 23, 2022

Via: Tech Times

The alleged Tesla spying issue led to a massive road ban in China. Authorities announced this decision because the surveillance problem might affect their residents’ privacy. As of writing, Tesla’s popular electric vehicle units are restricted on some roads in […]


News

Elon Musk Says Tesla Will Terminate 3.5% of Staff After Ex-Workers Allege Company of Violating Labor Laws

June 21, 2022

Via: Tech Times

After two former Tesla employees filed a lawsuit alleging that the auto company had violated US labor regulations by allegedly conducting mass layoffs, Elon Musk explained on Tuesday, June 21, how many company workers would only lose their jobs. Tesla’s […]