Tesla: News

Tesla is an American electric automobile manufacturer headquartered in Palo Alto, California. Named after the famous scientist and inventor Nikola Tesla, the company was founded in 2003 by Martin Eberhard and Marc Tarpenning. Elon Musk, who had invested major funds at the beginning, took over as the CEO in 2008. In 2009, Tesla began the production of its first car, the Roadster, which was followed by the Model S (sedan), Model X (SUV), Model 3 (sedan), and Model Y (crossover). Apart from the EVs, the company also manufactures battery energy storage, solar panels, as well as solar roof tiles.

26 May 2024

Elon Musk

Tesla shareholders advised to reject Elon Musk's $56B pay package

Proxy advisory firm Glass Lewis has advised Tesla shareholders to reject a proposed $56 billion pay package for CEO Elon Musk.

25 May 2024

Tesla Model Y

Tesla cuts Model Y production in China by 20%

Tesla, the leading global electric vehicle manufacturer, has reportedly decided to cut production of its top-selling Model Y electric vehicle (EV) in China by about 20%.

23 May 2024

NVIDIA

NVIDIA outshines Amazon and Tesla with $2.5 trillion market cap

NVIDIA, a leading hardware manufacturer for 3D gaming, and AI-powered graphic processing units (GPUs), has experienced a significant increase in its market capitalization, reaching $2.5 trillion.

19 May 2024

Elon Musk

Tesla maintaining silence on India strategy despite new EV policy

Despite the Indian government unveiling a new electric vehicle (EV) policy in March, Tesla has yet to disclose its plans for establishing a business in the country.

18 May 2024

VinFast

VinFast's stock takes a dive amid stagnant EV sales

VinFast, an electric vehicle (EV) manufacturer backed by Vietnam's richest individual, has experienced a significant 65% drop in its stock value this year.

17 May 2024

Elon Musk

Tesla eyes China data for training its autonomous driving tech

Tesla is reportedly planning to harness data from China to bolster the global development of its autonomous driving system, marking a shift in its data utilization approach.

14 May 2024

Elon Musk

Tesla rehiring certain Supercharger team members after unexpected dissolution

Tesla has initiated the process of rehiring some of the nearly 500 workers of its Supercharging team, who were let go last month by CEO Elon Musk.

14 May 2024

California

Tesla settles with ex-employee allegedly fired for reporting sexual misconduct 

Tesla has successfully settled a lawsuit filed by Tyonna Turner, a former factory employee.

08 May 2024

Elon Musk

US DOJ investigating Tesla over potential securities and wire fraud

The Department of Justice (DOJ) in the US, is currently investigating Tesla for potential securities and wire fraud, according to a Reuters report.

07 May 2024

Elon Musk

Tesla fires more employees in another round of job cuts

Tesla, the electric vehicle giant led by Elon Musk, has announced another round of job cuts affecting staff in the software, services, and engineering departments, according to a report by Electrek.

07 May 2024

SoftBank Group

UK startup secures record $1B funding to expand self-driving tech

Wayve, a UK-based startup specializing in self-driving technology, has successfully raised $1.05 billion in a Series C funding round.

05 May 2024

Delhi High Court

Tesla sues Indian battery manufacturer for alleged trademark infringement

Tesla, the globally recognized electric vehicle giant, has filed a lawsuit against an Indian battery maker, Tesla Powers India Private Limited.

30 Apr 2024

Elon Musk

Tesla CEO Elon Musk ousts top executives amid falling sales

In a decisive response to dwindling sales, EV maker Tesla's CEO Elon Musk has terminated two senior executives.

30 Apr 2024

Tesla Cybertruck

Tesla Cybertruck receives off-road software update: Check what's new

Tesla's Cybertruck has received a new software update, introducing an Off-Road Mode to the electric vehicle.

30 Apr 2024

BYD

BYD reports significant profit and delivery decline amid price war

BYD, a global leader in electric vehicle (EV) production, has reported a decrease in its quarterly profit due to a significant drop in deliveries.

30 Apr 2024

Elon Musk

Supreme Court upholds restrictions on Musk's Tesla-related social media posts

The US Supreme Court has upheld a settlement that mandates Tesla CEO Elon Musk to seek prior approval for certain social media posts about Tesla.

29 Apr 2024

China

Tesla partners with Baidu for autonomous driving in China

Tesla has successfully overcome significant challenges to introduce its driver-assistance system in China, the world's largest auto market.

28 Apr 2024

Elon Musk

Elon Musk in China to discuss Tesla's self-driving technology

Tesla's CEO, Elon Musk, has embarked on an unanticipated trip to Beijing, a key market for the electric vehicle giant.

27 Apr 2024

Elon Musk

Tesla's Autopilot, FSD systems under scrutiny in US: Here's why

Federal investigations in the US, have raised serious concerns about the safety of Tesla's Autopilot and Full Self-Driving (FSD) systems, following their involvement in numerous accidents and fatalities.

26 Apr 2024

Narendra Modi

Tesla remains committed to India expansion despite Musk's postponed visit

Tesla remains steadfast in its expansion plans in India despite Elon Musk's recent decision to postpone his meeting with Indian Prime Minister Narendra Modi.

24 Apr 2024

Elon Musk

Tesla to operate fleet of self-driving taxis, says Elon Musk

Elon Musk, CEO of Tesla, has revealed plans for the company to operate a fleet of self-driving taxis.

24 Apr 2024

Boston Dynamics

Tesla could sell Optimus robots by next year: Elon Musk

Tesla, the electric vehicle giant, is currently developing a humanoid robot named Optimus.

24 Apr 2024

Auto

Tesla unveils Model 3 Performance with 510hp dual-motor AWD powertrain

Tesla has unveiled its revamped Model 3 Performance for 2024, boasting a dual-motor setup that generates an impressive output of over 500hp.

24 Apr 2024

Elon Musk

Tesla's net profit for Q1 drops by 55% to $1.13B

Tesla's net profit for the first quarter of 2024 plummeted to $1.13 billion, marking a significant 55% decrease from the $2.51 billion reported in the same period last year.

22 Apr 2024

China

Tesla slashes prices of cars globally amid falling sales

Tesla, the leading electric vehicle (EV) manufacturer, has announced significant price cuts in several major markets including China, Germany, and the US.

21 Apr 2024

China

Tesla gears up to launch full self-driving technology in China

Tesla, the electric vehicle manufacturer, is preparing to introduce its Full Self-Driving (FSD) technology in China, a significant market for the company.

Fast-charging stations for EVs expanding rapidly in the US

The US has experienced a significant increase in the number of public fast-charging stations for electric vehicles (EVs), with nearly 600 new stations activated in the first quarter of 2024.

20 Apr 2024

Elon Musk

Tesla CEO Elon Musk postpones anticipated visit to India

Elon Musk, the CEO of Tesla, has postponed his two-day trip to India, according to Reuters.

19 Apr 2024

X

Tesla spent $200,000 to advertise on X

Tesla has disclosed in a recent Securities and Exchange Commission (SEC) filing that it spent $200,000 in advertising on X.

19 Apr 2024

Elon Musk

Tesla recalls all Cybertrucks over faulty accelerator pedals

Tesla has initiated a recall of all 3,878 Cybertrucks delivered to date due to reports of defective accelerator pedals.

19 Apr 2024

Tesla Cybertruck

Tesla Cybertruck shuts down unexpectedly after car wash

Tesla Cybertruck, a vehicle known for its all-terrain capabilities, has faced an unexpected issue during a routine car wash, as reported by Jalopnik.

18 Apr 2024

Elon Musk

What Musk's Tesla pay package vote means for his wealth

Elon Musk, the influential founder and CEO behind Tesla, is calling on shareholders to reapprove his $56 billion compensation package initially approved in 2018.

18 Apr 2024

Agra

Elon Musk prepares for 2-day India visit: What's on agenda

Tesla CEO Elon Musk is gearing up for a brief but packed two-day visit to India.

17 Apr 2024

Elon Musk

Tesla urges shareholders to reapprove Musk's $56 billion package

Tesla, the electric vehicle manufacturer, is encouraging its shareholders to reapprove a substantial $56 billion compensation package for CEO Elon Musk.

17 Apr 2024

Elon Musk

Musk to announce Tesla's India entry plans on April 22

Elon Musk, the billionaire CEO of Tesla, is expected to announce the company's entry into India on April 22.

16 Apr 2024

Elon Musk

Deliveries of Tesla Cybertruck delayed amid accelerator pedal concerns

Tesla has postponed deliveries of its Cybertruck, without providing a public explanation for the delay.

15 Apr 2024

Elon Musk

Elon Musk announces layoffs at Tesla, impacting 14,000 employees

Tesla, the world's leading electric vehicle company, has confirmed plans to lay off more than 10% of its global workforce.

15 Apr 2024

Elon Musk

Where Tesla will establish its production facility in India

Tesla's impending entry into the Indian market has sparked fierce competition among states, each vying to host the electric vehicle giant's manufacturing facility.

15 Apr 2024

Elon Musk

Tesla partners with Tata Electronics for semiconductor supply

US electric vehicle manufacturer Tesla has formed a strategic partnership with Tata Electronics for the procurement of semiconductor chips, as per the Economic Times.

14 Apr 2024

Electric Cars

Tesla eyes $3.6 billion Indian market revenue by 2030

US electric vehicle (EV) manufacturer Tesla, is projected to generate a whopping $3.6 billion in revenue from the Indian market by 2030, according to industry insiders.

11 Apr 2024

Ford

2024 Ford Mustang Mach-E debuts with more range, quicker acceleration

Ford has unveiled its upgraded 2024 Mustang Mach-E, an electric vehicle (EV) that surpasses its predecessors in terms of range, charging speed, and acceleration.

11 Apr 2024

Narendra Modi

Elon Musk to meet PM Modi, reveal Tesla's India strategy

Elon Musk, CEO of Tesla, has confirmed his upcoming visit to India where he will meet with Prime Minister Narendra Modi.

10 Apr 2024

Elon Musk

Tesla in discussions with Reliance for EV operations in India

American electric vehicle (EV) manufacturer, Tesla, is reportedly in discussions with Reliance Industries about a potential partnership.

09 Apr 2024

Elon Musk

Elon Musk terms Tesla's entry into India as 'natural progression'

Elon Musk, the CEO of Tesla, has characterized his electric vehicle (EV) company's foray into the Indian market as a "natural progression."

09 Apr 2024

Tesla Model X

Tesla settles lawsuit over fatal Autopilot crash in US

Tesla has reached a settlement with the family of Wei "Walter" Huang, an Apple engineer who passed away in a crash, involving his Tesla Model X on Autopilot.

08 Apr 2024

Elon Musk

China's DiDi, GAC Aion partner to launch robotaxis by 2025

China's leading ride-hailing service, DiDi Global, has announced a collaboration with electric vehicle manufacturer GAC Aion to mass produce electric robotaxis.

07 Apr 2024

Mark Zuckerberg

Mark Zuckerberg surpasses Elon Musk as world's third-richest person

Mark Zuckerberg, the mastermind behind Meta Platforms Inc., has overtaken Elon Musk to become the world's third-richest individual.

06 Apr 2024

Elon Musk

Tesla's long-awaited robotaxi set for reveal on August 8

Elon Musk, the CEO of Tesla, has confirmed that the company's much-anticipated robotaxi will be unveiled on August 8.

05 Apr 2024

Ford

Ford delays production of next-gen electric three-row SUV to 2027

Ford has delayed the production of its upcoming electric three-row SUV until 2027.

05 Apr 2024

Berlin

Tesla starts production of right-hand drive EVs for India launch

Tesla has started production of right-hand drive vehicles at its German facility, specifically targeting the Indian market, according to Reuters.

04 Apr 2024

Bloomberg

Tesla introduces 0% interest loans in China to boost sales

In an effort to regain its declining market share, Tesla is introducing a new incentive in China—offering 0% interest loans on its electric cars.

03 Apr 2024

Elon Musk

Tesla to scout locations for Indian EV factory by April-end

Tesla, the electric vehicle (EV) manufacturer led by Elon Musk, is reportedly planning to send a team to India by late April.

03 Apr 2024

BYD

Tesla's Q1 sales drop amidst intensifying global competition

Tesla experienced a significant decrease in sales during the first quarter of 2024, with global competition intensifying and the growth rate of the electric vehicle (EV) market slowing down.

19 Mar 2024

Elon Musk

Elon Musk says using ketamine helps manage 'negative chemical state'

In an interview, Tesla's CEO Elon Musk confessed to using prescribed ketamine and asserted its "beneficial impact on investors," as reported by Reuters.

15 Mar 2024

Indian Government

India slashes EV import taxes, boosting Tesla's market entry plans

In a significant policy shift, the Indian government has decided to reduce import taxes on electric vehicles (EVs).

14 Mar 2024

Elon Musk

Tesla paid no income taxes while its executives received billions

Tesla, the electric vehicle giant, didn't pay any federal income taxes from 2018 to 2022 despite earning $4.4 billion during this period, as per a watchdog report.

13 Mar 2024

California

Tesla, Ford, and Mercedes's self-driving systems fail safety tests

US-based Insurance Institute for Highway Safety (IIHS) has revealed that most driver-assist systems from leading automakers have failed to meet safety standards.

12 Mar 2024

Cybercrimes

Tesla EVs vulnerable to theft via Wi-Fi hijacking, say researchers

Security researchers at Mysk Inc. have discovered a significant cybersecurity flaw in Tesla's charging stations, which could potentially allow hackers to steal vehicles.

10 Mar 2024

India

No special treatment for Tesla or any other company: Goyal

India's Commerce and Industry Minister, Piyush Goyal said that the nation will welcome all global electric vehicle manufacturers to establish operations in India.

05 Mar 2024

Elon Musk

Jeff Bezos dethrones Elon Musk as world's richest person

Elon Musk has been dethroned as the world's richest person by Amazon founder Jeff Bezos.

04 Mar 2024

Porsche

Porsche to reveal 'most dynamic' Taycan EV on March 11

Porsche is gearing up to introduce the most powerful Taycan yet on March 11.

28 Feb 2024

Tesla Roadster

0-100km/h in 1 second: Elon Musk teases new Tesla EV

Tesla's new Roadster will go from zero to 96km/h in under a second, the company's CEO Elon Musk has revealed in a post on X.

28 Feb 2024

Tesla Model Y

2024 Tesla Model Y aces IIHS crash test

Tesla's 2024 Model Y has earned the prestigious "top safety pick +" award from the US-based safety watchdog, the Insurance Institute for Highway Safety (IIHS).

26 Feb 2024

VinFast

After Tesla, VinFast seeks lower EV import tax in India

Vietnam-based VinFast is seeking a two-year reduction in India's import duties on electric cars while its local plant is being built.

23 Feb 2024

VinFast

Tesla-rival VinFast to soon begin construction of India EV plant

VinFast is set to begin construction of its integrated electric vehicle (EV) manufacturing facility in Thoothukudi, Tamil Nadu, on February 25.

16 Feb 2024

Tesla Cybertruck

Several Tesla Cybertruck owners complain of early rusting issue

Several Tesla owners in California have noticed early signs of rust in their Cybertruck, sparking concerns about the stainless steel bodies of the hyped EV.