Tag: Tesla

May 16, 2023

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 […]

April 3, 2023

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 […]

February 17, 2023

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 […]

January 25, 2023

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 […]

January 20, 2023

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 […]

January 13, 2023

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 […]

January 6, 2023

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 […]

December 30, 2022

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. […]

December 29, 2022

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 […]

December 5, 2022

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 […]

November 1, 2022

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 […]

September 22, 2022

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 […]

September 2, 2022

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 […]

August 15, 2022

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 […]

August 5, 2022

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 […]

August 1, 2022

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 […]

July 20, 2022

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 […]

July 11, 2022

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. […]

June 23, 2022

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 […]

June 21, 2022

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 […]