#Tesla

Tesla

Tesla starts laying off employees at Nevada plant

US labour law requires companies with 100 or more employees to notify authorities ahead of mass layoffs

Tesla

Tesla promises ‘more affordable’ cars but India, Mexico plants on hold

The automaker said its plan for new models would let it better control capital expenditures during “uncertain times”

Elon Musk tesla robotaxi

Tesla’s bet on robotaxis is a long way from paying off: Insight

Some Tesla investors and analysts said valuing a robotaxi business for Tesla is much more difficult than a low-cost car

Tesla

Chinese EV giant BYD overtakes Tesla in car sales for Q4

BYD’s deliveries show price cuts are working for the Chinese company

Tesla

Tesla recalls nearly all vehicles on US roads over lack of Autopilot safeguards

Tesla will roll out the update to 2.03 million Model S, X, 3 and Y vehicles in the US dating back to 2012

Lucid slashes prices amid EV price wars

Lucid cuts prices of electric sedans for limited time amid EV price wars

The automaker slashed the price of its Air Touring model to $87,500 and the more powerful Grand Touring by $10,000 to $115,600

Tesla

Tesla data breach blamed on ‘insider wrongdoing’ impacted 75,000

The people appear to be current or former employees of the Austin, Texas-based automaker

Tesla Model Y

Tesla cuts price of Model Y versions

The Model Y forms part of the stable of vehicles, along with the Model 3, which are the best-sellers for the company

Tesla

Tesla names Indian-origin executive Vaibhav Taneja as CFO

He succeeds Zachary Kirkhorn, who stepped down from the post after working for the electric vehicle maker for 13 years

insurance

Minor fender bender? That will be $42,000, please

Vehicle owners should brace for their car insurance premiums and repair bills to remain high

Ford Tesla

Ford taps Tesla superchargers in rare partnership

Ford’s next-generation vehicles, starting in 2025, will have the Tesla charging capability built in

Tesla

Tesla raises prices of S, X Models by $2,750 in China

The pricing of Model S sedan and Model X now start at CNY808,900 and CNY898,900, respectively

Arabia Taxi

Tesla Model 3 cars to join Arabia Taxi fleet in Dubai

According to Arabia Taxi, 83 per cent of the cars in its Dubai fleet currently operate with environmentally friendly hybrid engine technology

Model S

Tesla increases price of Model S, X in US after shares slump

The latest starting prices of both models are $87,490 and $97,490, respectively

Battery

Tesla to build new battery factory, says Elon Musk

The company will manufacture its Megapack large-scale energy-storage unit in the new facility

Tesla

Tesla’s Mexico plant to require $5bn investment

Mexican President Andres Manuel Lopez Obrador earlier said that Tesla will build the plant in Monterrey

California

Tesla to build engineering headquarters in California

The company is occupying the former headquarters of Hewlett Packard, Tesla chief executive officer Elon Musk said Wednesday

Tesla Crash

Tesla fatal crash with fire truck draws US regulator inquiry

The Contra Costa county fire department said that a Tesla struck one of its trucks that was blocking lanes while responding to an earlier accident

Tesla

Tesla recalls over 362,000 cars due to self-driving software safety concerns

The automaker is expected to fix the issue through an over-the-air software update by April 15

Volkswagen

Volkswagen targets significant EV returns from 2026

Shares in the EV car leader have jumped 44 per cent so far this year after tumbling 65 per cent during 2022

Tesla

Dubai Islamic Bank launches financing solution for future Tesla owners

The fully digital financing process will make it easier for Tesla customers to apply for auto financing and improve their buying experience

Tesla

Tesla says new Texas factory is making 3,000 SUVs a week

Tesla shared the new production figure in a tweet on Thursday

Tesla sales fall short of estimates as stronger dollar bites

Tesla cited higher costs related to a slower-than-expected ramp up in output at the new factories, as well as difficulties shipping vehicles

Bitcoin rally loses momentum as expectations for Fed shift eases

Bitcoin, the largest digital coin by market value, dipped as much as 2.9 per cent on Wednesday

Tesla

Tesla delivers record 343,830 cars; misses estimates

The carmaker doesn’t break out sales by geography, but the US and China are its largest markets

Apple

Apple lays off recruiters as part of its slowdown in hiring

Apple is still retaining recruiters who are full-time employees and not all of its contractors were fired as part of the move

Elon Musk sells $6.9bn of Tesla shares, first since April

Elon Musk sells $6.9bn of Tesla shares, first since April

Musk has now sold around $32bn worth of stock in the electric-car maker in the past 10 months

Hyundai Ioniq 6

Hyundai unveils Ioniq 6 in push to challenge Tesla

The Ioniq 6 can travel up to 610 kilometres on a single charge with its 77.4 kilowatt-hour battery

Stocks

Big tech sinks stocks as clock ticks on earnings

All major groups in the S&P 500 retreated with losses in megacaps like Tesla and Apple weighing heavily on trading

Tesla

Tesla deliveries dipped in quarter, snapping two-year streak

Tesla will report second-quarter earnings after the market close on July 20