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.

25 Jul 2024

Apple

Wall Street rout: $1T erased in worst day since 2022

Wall Street experienced its worst trading day in 19 months on Wednesday, with significant drops in major indexes.

24 Jul 2024

Elon Musk

Should Tesla invest $5B in xAI? Musk asks X followers

Billionaire entrepreneur Elon Musk has used social media, to gauge the possibility of a $5 billion investment by Tesla into his AI start-up, xAI.

23 Jul 2024

Elon Musk

Elon Musk announces 'son is dead'; blames 'woke mind virus'

Tesla and SpaceX CEO Elon Musk recently claimed that his estranged transgender daughter was "killed" by the "woke mind virus."

22 Jul 2024

Elon Musk

Tesla's Optimus robots will start working on EVs by 2025

Tesla CEO Elon Musk has revealed plans to have humanoid robots, named Optimus, in "low production" for internal use by 2025.

16 Jul 2024

Elon Musk

Musk delays robotaxi unveiling to October to fix design error

Tesla CEO Elon Musk has confirmed a delay in the unveiling of the company's robotaxi due to a significant design change.

15 Jul 2024

Elon Musk

'Time to build Iron Man suit': Musk reveals assassination attempts

Elon Musk has disclosed that there have been multiple attempts on his life over the past eight months.

13 Jul 2024

Donald Trump

Elon Musk donates 'sizable amount' to Trump's 2024 presidential campaign

Elon Musk has made a significant donation to America PAC, a super political action committee (PAC) supporting Donald Trump in the 2024 presidential race, according to Bloomberg.

12 Jul 2024

Elon Musk

Why Tesla is delaying robotaxi's launch until October

Tesla has postponed the unveiling of its much-anticipated robotaxi project from August 8 to October, according to Bloomberg.

12 Jul 2024

Tesla Cybertruck

Beware the bite? Tesla Cybertruck owner warns of door danger

A Tesla Cybertruck owner has raised concerns about the potential danger of the vehicle's door design, after a family member suffered a "very serious laceration."

10 Jul 2024

Electric Vehicles

Tesla stock up for 10th day: What's behind the surge?

Tesla's stock recorded its tenth consecutive day of gains on Tuesday, closing up by approximately 4% at around $262 apiece.

09 Jul 2024

Tesla Model Y

World's best-selling EV is getting a makeover

A potential redesign of Tesla's popular electric SUV, the Model Y, is anticipated following the sighting of a "Juniper" Model Y in California.

07 Jul 2024

China

China's Qinglong: A revolution in automation on the horizon

China's first full-sized general-purpose humanoid robot, Qinglong, was recently unveiled at the World Artificial Intelligence Conference (WAIC) 2024 in Shanghai.

04 Jul 2024

Elon Musk

Capital crsis? Tesla's investment in India uncertain amidst communication halt

Tesla, led by Elon Musk, has reportedly ceased communication with Indian officials, casting a shadow over the country's hopes for an investment from the electric carmaker.

04 Jul 2024

Elon Musk

Devoted Tesla fan gets bit twice by buggy Cybertrucks 

A Tesla superfan, known as LamarMK, encountered significant problems with two separate Cybertrucks he received from the electric vehicle manufacturer.

Clean cars, dirty secrets? Tesla faces child labor concerns

Tesla, a leading consumer of cobalt for its electric vehicles (EVs), is facing criticism over potential child and forced labor in its cobalt supply chain.

03 Jul 2024

BYD

Tesla stocks skyrocket 10% as Q2 sales outperform predictions

Tesla's share price soared over 10% on Tuesday, reaching its highest level since January.

30 Jun 2024

Tesla Cybertruck

Tesla Cybertruck owner reports major crash due to brake failure

Bruce Freshwater, owner of a brand-new Tesla Cybertruck, experienced a severe crash into his neighbor's yard due to an alleged brake failure.

28 Jun 2024

Auto

Tesla's design alterations lead to decline in EV quality rankings

Tesla, once a frontrunner in electric vehicle (EV) quality, has seen its reputation falter due to design modifications that have left customers disgruntled.

27 Jun 2024

California

Tesla ordered to halt toxic emissions from California EV factory

Tesla, the electric vehicle manufacturer, has been ordered by the Bay Area Air Quality Management District to address air quality issues at its San Francisco Bay Area facility.

25 Jun 2024

Tesla Cybertruck

Tesla recalls Cybertrucks in US over wiper and trim defects

Tesla has issued a recall for 11,688 units of its Cybertruck model, due to a faulty windshield wiper that could potentially impair driver visibility.

24 Jun 2024

Tesla Model Y

Toddler trapped inside Tesla car with depleted battery rescued

A 20-month-old toddler was trapped inside a Tesla Model Y during an Arizona heat wave, when the vehicle's battery unexpectedly died.

21 Jun 2024

Elon Musk

Tesla is using LiDAR sensors to improve its self-driving tech

Tesla, last month, made an unexpected move by purchasing LiDAR sensors worth $2 million from Orlando-based manufacturer Luminar.

18 Jun 2024

Fisker

Tesla rival Fisker files for bankruptcy after failed investment talks

US electric vehicle manufacturer, Fisker, has declared bankruptcy after unsuccessful negotiations with a major automaker.

18 Jun 2024

Elon Musk

Elon Musk announces work on Tesla's 'epic' Master Plan 4

Elon Musk, the CEO of Tesla, has confirmed that he is currently working on the fourth iteration of the company's Master Plan.

18 Jun 2024

Elon Musk

Tesla initiates legal fight to reinstate Musk's $56B pay package

Tesla has initiated a legal battle to reinstate CEO Elon Musk's record $56 billlion compensation, following a shareholder vote in favor of the pay package.

17 Jun 2024

Shiv Sena

Explained: Report on EVM 'hacking' in Mumbai triggers row

A political slugfest has erupted over allegations of electronic voting machine (EVM) hacking in the Mumbai North West Lok Sabha seat.

15 Jun 2024

California

Tesla in self-driving mode crashes into police car in California

A Tesla vehicle, reportedly operating in self-driving mode, collided with a stationary police car in Fullerton, California.

14 Jun 2024

Elon Musk

Tesla shareholders sue CEO Musk over competing AI company, xAI

Tesla shareholders have filed a lawsuit against CEO Elon Musk and the company's board of directors.

14 Jun 2024

Elon Musk

Tesla shareholders re-approve Elon Musk's $56 billion pay package

Tesla shareholders have once again approved CEO Elon Musk's controversial $56 billion compensation package.

13 Jun 2024

Elon Musk

Tesla shareholders are approving $56B pay package, claims Elon Musk

Tesla shareholders are voting in favor of the $56 billion pay package for CEO Elon Musk, as well as relocating the company's legal headquarters to Texas, according to Musk.

12 Jun 2024

China

EU increases tariffs on electric vehicle imports from China

The European Union (EU) has announced plans to increase tariffs on electric vehicles (EVs) imported from China by up to 38.1%.

11 Jun 2024

Elon Musk

Musk's $56B Tesla compensation: Shareholder vote won't reverse judge's decision

Tesla's upcoming shareholder vote on CEO Elon Musk's $56 billion pay package is unlikely to reverse a judge's decision to nullify the 2018 compensation deal.

10 Jun 2024

Elon Musk

Tesla Model Y facelift not coming until 2025, confirms Musk

Tesla's CEO, Elon Musk, has confirmed that the refreshed version of the company's popular Model Y will not be launched in 2024.

09 Jun 2024

Elon Musk

Elon Musk praises Indian-origin Tesla director for his contributions

Elon Musk, the CEO of Tesla, has publicly recognized Ashok Elluswamy, the director of AI/autopilot software at the firm, for his significant contributions to the electric car company.

08 Jun 2024

Elon Musk

Norway's sovereign wealth fund opposes Musk's $56bn Tesla pay deal

Norway's $1.7 trillion sovereign wealth fund, Norges Bank Investment Management (NBIM), has declared its intention to vote against the proposed $56 billion pay package for Tesla CEO Elon Musk.

07 Jun 2024

Elon Musk

Musk may leave Tesla if $56B pay package not approved

Tesla's board chair, Robyn Denholm, has urged shareholders to approve a substantial $56 billion pay package for CEO Elon Musk.

05 Jun 2024

China

Tesla's China shipments experience downturn amidst rising competition

Tesla is grappling with a decline in shipments from its Shanghai factory, marking the third such instance this year.

05 Jun 2024

Elon Musk

Elon Musk redirects NVIDIA chips intended for Tesla to xAI

Tesla CEO Elon Musk has directed NVIDIA, a prominent tech firm, to prioritize the delivery of AI processors to his other ventures, X and xAI.

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.