The fully digital financing process will make it easier for Tesla customers to apply for auto financing and improve their buying experience
Tesla shared the new production figure in a tweet on Thursday
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, the largest digital coin by market value, dipped as much as 2.9 per cent on Wednesday
The carmaker doesn’t break out sales by geography, but the US and China are its largest markets
Apple is still retaining recruiters who are full-time employees and not all of its contractors were fired as part of the move
Musk has now sold around $32bn worth of stock in the electric-car maker in the past 10 months
The Ioniq 6 can travel up to 610 kilometres on a single charge with its 77.4 kilowatt-hour battery
All major groups in the S&P 500 retreated with losses in megacaps like Tesla and Apple weighing heavily on trading
Tesla will report second-quarter earnings after the market close on July 20
An electric car now costs $61,000 on average
Last month, Elon Musk said he wouldn’t proceed with his $44bn takeover unless the social media giant can prove bots make up fewer than 5 per cent of users
Shares of the automaker slumped more than 9 per cent on Friday after news of the job cuts emerged
Optimus, first introduced in August 2021 during Tesla’s inaugural AI Day, is a human-sized robot
The Tesla chief executive is continuing to seek additional financing commitments to fund the $44bn deal
The charging curve of any particular vehicle is closely tied to the longevity of its battery
Crypto assets have all been weighed down as the Federal Reserve and other global central banks raise interest rates
Elon Musk is lining up partners for the acquisition and continues to speak to potential co-investors
It delivered about 936,000 cars in 2021
The billionaire said that ‘Twitter has extraordinary potential’
Musk revealed this week that he’s acquired a 9.2 per cent passive stake in Twitter
Panasonic will start mass production of 4680 batteries in the fiscal year starting April 2023
Several trends emerged over last year
The results pushed Tesla’s total sales for the year to more than 936,000
There’s also the influence Musk wields in crypto markets
The rental-car company unveiled its EV initiative last week
Hertz gets to tap into the growing interest in electric vehicles
Musk said Bitcoin mining is “shifting towards renewable energy” and his company will likely resume accepting it as payment for electric cars
Quarterly deliveries are one of the most closely watched indicators for Tesla
In most cases, the fix should be able to be made remotely with an online update to the cars’ active cruise control feature