Page 2 - Tesla Inc

Tesla's California EV sales fall for 7th straight quarter amid weak demand

A total of 41,138 Teslas were registered in the state last quarter, a 21 per cent drop year over year for the company's seventh straight quarterly decline

Can Elon Musk be trusted as two cases threaten Tesla, his car company

Elon Musk fought court cases on opposite coasts Monday, raising a question about the billionaire that could either speed his plan to put self-driving Teslas on US roads or throw up a major roadblock: Can this wildly successful man who tends to exaggerate really be trusted? In Miami, a Tesla driver who has admitted he was wrong to reach for a dropped cell phone moments before a deadly accident, spoke of the danger of putting too much faith in Musk's technology in this case his Autopilot programme. I trusted the technology too much, said George McGee, who ran off the road and killed a woman out stargazing with her boyfriend. I believed that if the car saw something in front of it, it would provide a warning and apply the brakes. In unusual coincidence, regulators arguing an Oakland, California, case tried to pin exaggerated talk about the same Tesla technology at the centre of a request to suspend the carmaker from being able to sell vehicles in the state. Musk's tendency to talk bi

ACKO selected as preferred insurance partner for Tesla customers in India

Tesla has picked ACKO as its preferred insurance partner in India to offer embedded, digital-first car insurance with the launch of its first showroom in Mumbai

Tesla Model Y launches at ₹60L in India: Here's how much it costs worldwide

Tesla officially launched the Model Y in India at ₹60 lakh after years of lobbying for lower import duties

Tesla on trial in Florida over fatal crash linked to autopilot system

Family members of the woman killed in the crash, Tesla engineers and auto-safety experts are expected to provide testimony in a federal courtroom in Miami during the jury trial

Tesla to open first India store in Mumbai on July 15, with more to follow

US electric automaker Tesla's Mumbai showroom will mark its India entry, with Delhi and other cities expected to follow as part of its expansion plan

Wall Street falls as fears over Trump's new tariffs weigh on markets

Stocks fell on Wall Street as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the US take effect. The S&P 500 lost 0.8 per cent Monday. The Dow Jones Industrial Average gave back 0.9 per cent, and the Nasdaq composite fell 0.9 per cent. Tesla tumbled as the feud between CEO Elon Musk and President Donald Trump reignited over the weekend. Musk, once a top donor and ally of Trump, said he would form a third political party in protest over the Republican spending bill that passed last week. US stocks are losing ground in afternoon trading Monday as the Trump administration steps up pressure on trading partners to make deals before punishing tariffs imposed by the US take effect. The S&P 500 was down 1.2 per cent in the first day of trading in the US after a holiday-shortened week. The benchmark index remains near its all-time high set last week. The Dow Jones Industrial Average was down 641 points, or 1.4 per ...

Elon Musk threatens new political party if GOP backs Trump's policy Bill

That was the saber-rattling declaration of Elon Musk, should Republicans on Capitol Hill pass President Trump's sweeping domestic policy bill

Elon Musk sets June 22 as launch date for Tesla's Robotaxi service

Musk said in a post on his social media site X that the date could shift because Tesla is being "super paranoid about safety"

Hope Elon comes back into the fold: JD Vance on Trump-Musk public feud

Musk helped elect Trump and Vance in 2024 and assumed a role heading the Department of Govt Efficiency, a cost-cutting effort that has so far fallen well short of the Tesla chief's initial promises

Tesla shares fall as growing Trump-Musk spat rattles investors

On his social media platform X, Musk has called on Congress members to kill the legislation, calling it a "disgusting abomination"

Global majors keen to make electric cars in India; Elon Musk's Tesla quiet

The window for applications under the scheme will be open in the next one to two weeks

Tesla tightens rules to limit shareholder suits after Musk pay battle

Tesla changed its bylaws to require investors to hold at least 3% of shares to file or maintain a derivative lawsuit, aiming to limit future legal challenges like those over Musk's pay package

Musk's next challenge? Reviving Tesla as Europe sales plunge 50% in a year

Tesla sales plunged by more than half last month in several European countries in a sign that Elon Musk could struggle to revive the company after he shifts from his Washington work to running the automaker again. Tesla sales collapsed in April by more than two-thirds from a year earlier in Sweden, the Netherlands and Denmark, according to auto groups and government agencies Friday. Sales at the Austin, Texas, company dropped by 59% in France and 38% in Norway. The countries are not major drivers of sales overall, but they are the first to report April results and thus a foretaste of possible trouble elsewhere as Tesla reels from protests and boycotts over Musk wading into politics. In Germany, where he told voters their country was lost if they didn't vote for a candidate widely derided for her extreme views, sales plunged 62% in the first three months this year. German sales for April are not out yet. Financial analysts covering Tesla are worried about the Musk backlash but cauti

'Carefully figuring out the right time to enter India': Tesla CFO

Tesla CFO Vaibhav Taneja said that 100% import tariffs create anxiety

Modi speaks to Elon Musk amid tariff tensions, stresses India-US tech ties

PM Modi has a phone call with Elon Musk, assuring public that collaboration with US companies continues amid Trump's tariff war

Regulators recall nearly all Tesla cybertrucks over safety concerns

US safety regulators have recalled virtually all Cybertrucks on the road, the eighth recall of the Tesla-made vehicles since deliveries to customers began just over a year ago. The National Highway Traffic Safety Administration's recall, which covers more than 46,000 Cybertrucks, warned that an exterior panel that runs along the left and right side of the windshield can detach while driving, creating a dangerous road hazard for other drivers, increasing the risk of a crash. The stainless-steel strip, called a cant rail assembly, between the windshield and the roof on both sides, is bound to the truck's assembly with a structural adhesive, the NHTSA report said. The remedy uses an adhesive that's not been found to be vulnerable to environmental embrittlement, the NHTSA said, and includes additional reinforcements. Tesla will replace the panel free of charge. Owner notification letters are expected to be mailed May 19, 2025. The recall of 46,096 Cybertrucks covers all 2024 and 2025 .

Violence against Tesla dealership domestic terrorism, says Donald Trump

Activists have lately staged so-called Tesla Takedown protests to voice displeasure over Musk's role in sweeping cuts to the federal workforce at the behest of Trump

Elon Musk's record $56 bn Tesla pay deal again rejected by US judge

Delaware Chancery Court Judge Kathaleen St. J McCormick decided to stick with her original finding in January that the company's board was too much under the influence of Musk in 2018

Elon Musk cutting $2 trn in US spend is negative for markets: Chris Wood

There is growing evidence of liquidity tightening in the US, Wood said, which raises a near-term risk to equities