Tesla Motors

Tesla lags new foreign entrants in India EV race despite global playbook

VinFast and BYD outpace the US EV giant with sharper pricing, faster localisation signals and wider networks, even as Tesla sticks to an import-led strategy

Tesla sales rise after year of Musk boycotts but still miss expectations

Sales of Tesla vehicles rose in the past three months after a brutal year of boycotts over Elon Musk's politics but still fell short of expectations. The company reported Thursday that sales rose 6 per cent to 358,023 in the three months through March, the first time in three years it posted a first-quarter increase from the year-earlier period. The increase follows a year of plunging sales due to an aging lineup and boycotts over Musk's right-wing political stands. Still, the results disappointed investors, who sold heavily on Thursday. One reason was that sales were 6 per cent lower than the 381,000 that financial analysts had expected, according to a survey by researcher FactSet. And they were sharply off from the sales for the three months ended in December. Tesla has had to contend with lower demand due to the September expiration of a USD 7,500 tax credit for EV buyers, a blow to sales across the industry. The company is hoping cheaper versions of Tesla models X and 3 introd

Tesla may face 30-day sales halt in California over misleading claims

Lawyers for Tesla sought to fend off the DMV's disciplinary action by arguing that its advertising is protected free speech under the First Amendment of the US Constitution

Tesla's China-made EV sales rise nearly 10% in Nov amid fierce competition

Tesla's main business has been under pressure, notably from Chinese rivals, while Elon Musk shifts his focus to self-driving robotaxis and humanoid robotics

Tesla chooses suppliers based on quality, not country, says executive

Tesla's procurement decisions are based on quality, total cost, technical maturity and the continuity of long-term supply, Grace Tao, a Tesla vice president in China, wrote on Weibo

VinFast slightly outsells Tesla in close fight during festival season

Vinfast sold 137 cars versus Tesla's 109 during the festive months of September and October, as BYD maintained a strong lead with over 1,100 cars sold, according to Fada data

Tesla sued over Cybertruck door defects in fatal California accident

In the lawsuit, families claim passengers were trapped inside a burning Cybertruck, citing electronic door failures and nearly impenetrable 'armor glass' windows as key hazards

Nissan revamps ProPilot system to rival Tesla driver-assist technology

The Japanese automaker says the most advanced iteration of its driver-assist technology will be on par with Tesla Inc.'s Full Self-Driving

Tesla faces probe as parents say faulty doors trapped children inside

Federal auto safety regulators opened an investigation Tuesday into possible defects in Tesla doors that have reportedly left parents with children trapped in the back seat and forced to break windows to get them out. The National Highway Traffic Safety Administration said the preliminary probe is focused on 2021 Tesla Model Ys after receiving nine reports of electronic door handles not working possibly due to low battery voltage. The company run by billionaire Elon Musk has installed manual door releases inside the vehicles but NHTSA noted that a child may not be able to reach or know how to operate the releases. In four cases, the parents had to break the windows to get inside. The investigation into Tesla's most popular model comes after numerous reported incidents in recent years of other problems with opening Tesla doors, sometime trapping drivers in burning vehicles after accidents and a loss of power. In April, a college basketball recruit said he was fighting time trying to

Elon Musk to be world's first trillionaire with new compensation package?

Tesla has proposed a $1-trillion performance award for Elon Musk, granting him 12% of shares if the company's market cap hits $8.5 trillion and key milestones are met

Tesla leases space in New Delhi's Aerocity for 3rd showroom in India

Electric carmaker adds to outlets in Mumbai and Gurgaon as part of expansion plans

Jury orders Tesla to pay more than $200 million in Autopilot crash case

A Miami jury decided that Elon Musk's car company Tesla was partly responsible for a deadly crash in Florida involving its Autopilot driver assist technology and must pay the victims more than USD 200 million in punitive damages. The federal jury held that Tesla bore significant responsibility because its technology failed and that not all the blame can be put on a reckless driver, even one who admitted he was distracted by his cell phone before hitting a young couple out gazing at the stars. The decision comes as Musk seeks to convince Americans his cars are safe enough to drive on their own as he plans to roll out a driverless taxi service in several cities in the coming months. The decision ends a four-year long case remarkable not just in its outcome but that it even made it to trial. Many similar cases against Tesla have been dismissed and, when that didn't happen, settled by the company to avoid the spotlight of a trial. This will open the floodgates, said Miguel Custodio, a

Tesla to inaugurate first India supercharging station in Mumbai next week

American electric car maker Tesla on Friday said it will launch its first charging station in Mumbai next week. The company, which had announced its much-awaited entry into the Indian market last month, said the first Tesla Charging Station in India will feature four V4 Supercharging Stalls (DC charging) and four Destination charging Stalls (AC charging). The Tesla Supercharging Stalls offer a peak charging speed of 250 kW starting at Rs 24/kW and destination chargers providing 11kW at Rs 14/kW, it said in a statement. "This will be the first of the eight Supercharging sites that were announced during the launch in Mumbai, with more planned across the country, to provide the optimal cross-country experience," the company added. Last month, Tesla launched its Model Y with price starting at Rs 59.89 lakh while opening its first experience centre at the Maker Maxity Commercial Complex, in Bandra Kurla Complex, Mumbai. Tesla said the "Model Y can add up to 267 kilometres of range in j

Tesla failed to prevent misuse of autopilot system, safety expert testifies

The trial, which began Monday and is expected to take three weeks, is among the first to test Tesla Chief Executive Officer Elon Musk's claims that his cars are the safest ever made

Tesla's deliveries drop again as competition, Musk backlash hit demand

Still, shares of the electric automaker jumped 3 per cent in early trading as the decline proved less severe than the bleakest analyst projections

Tesla Model Y makes driverless delivery with no human input, says Musk

The Tesla CEO said a Model Y SUV drove from the Austin factory to a customer's home with no one inside, as the firm steps up its push into autonomy and software-led growth

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"

Tesla's head of Optimus humanoid robot programme Milan Kovac exits company

Ashok Elluswamy, who leads Tesla's Autopilot teams, will take over responsibility for Optimus after Kovac's departure

BYD supasses Tesla in Europe for the first time with 169% surge in sales

Until recently, BYD and its Chinese peers had prioritized selling fully electric cars in Europe, spurred by the region's ambitious targets to lower tailpipe emissions and transition the industry

Elon Musk confirms commitment to remain Tesla CEO for the next five years

Billionaire Elon Musk said Tuesday he's committed to being CEO of Tesla in five years' time as the automaker faced intense consumer and stock-price pressure over his work with President Donald Trump's government. The question came as Musk made a video appearance at the Qatar Economic Forum hosted by Bloomberg after Musk recently travelled to Doha as part of Trump's Mideast trip last week. The SpaceX and Starlink chief offered terse sentences and grew combative over questions regarding his businesses and how his involvement in American politics had affected his businesses. A moderator asked: Do you see yourself and are you committed to still being the chief executive of Tesla in five years' time? Musk responded: Yes. The moderator pushed further: No doubt about that at all? Musk added, chuckling: I can't be still here if I'm dead." Tesla has faced intense pressure as Musk worked with Trump as part of its self-described Department of Government Efficiency effort, particularly amid