Page 4 - Tesla Motors

Elon Musk's $55 billion pay package at Tesla voided, things to know

When the package was proposed in early 2018, the goals seemed like moonshots. The top threshold in each category required Tesla to grow by more than 11-fold

Delaware judge rules 'unfathomable' pay deal made Tesla CEO overpaid

The judge called Tesla's process of approving the pay package "deeply flawed"

Tesla expects slowing of growth before new EV model launch in 2025: Musk

Tesla started slashing the prices of its cars in late 2022, igniting a price war that singed US rivals including Ford, who have all slowed EV production

Tesla recalls over 1.6 mn imported vehicles for steering, door issues

Tesla is recalling more than 1.6 million Model S, X, 3 and Y electric vehicles imported to China for problems with their automatic assisted steering functions and door latch controls. China's State Administration for Market Regulation announced the recall on Friday. It said Tesla Motors in Beijing and Shanghai would use remote upgrade technology to fix the problems, so in most cases car owners would not need to visit Tesla service centres to get the upgrades. The recall due to problems with the automatic steering assist function applies to 1.6 million imported Tesla Model S, Model X, Model 3 and Model Ys. When the automatic steering function is engaged, drivers might misuse the combined driving function, increasing a risk of accidents, the notice said. The recall to fix the door unlock logic control for imported Model S and Model X EVs affects 7,538 vehicles made between October 26, 2022 and November 16, 2023. It is needed to prevent door latches from coming open during a ...

BYD pulls ahead as world's biggest producer of battery passenger cars

After a $12 billion selloff during November, BYD is as cheap as it has been going back to the start of 2010, despite 31 out of 32 analysts putting a Buy rating on the stock

Tesla deliveries beat estimates in Q4 as year-end sales push pays off

The automaker delivered a record number of vehicles in the fourth quarter and hit its 2023 target of 1.8 million, helped by increasing discounts on key models

India cautious as Tesla yet to share electric vehicle launch pricing

The Texas-headquartered electric vehicle (EV) manufacturer has not disclosed pricing details for the introduction of its cars in the Indian market

Tesla shares fall on long wait for Cybertruck payoff, hefty price tag

Musk has said Tesla was likely to reach a production rate of roughly 250,000 Cybertrucks a year in 2025

Tesla plans to build $26,838 car at its factory in Germany: Report

Musk had long planned to make a more affordable electric car, but said in 2022 he had not yet mastered the technology and shelved the plan

Tesla discusses India plans with commerce minister Goyal in Delhi -sources

Tesla has expressed an interest in building a factory in India that would produce a low-cost electric vehicle (EV) priced at $24,000, around 25% cheaper than Tesla's current entry model

TMS Ep461: Tesla Motors, new vs old IITs, PSU stocks, green diamonds

Can Tesla do a Maruti for India's EV ecosystem? How can new IITs catch up with older ones? How to play PSU stocks amid divestment slowdown? What are green diamonds? All answers here

Tesla earnings drop 20% but Elon Musk to put sales ahead of profit

Stock tanks 8%; operating margin shrinks to 11.4%, a roughly two-year low, after several price cuts

Tesla aims to produce 50,000 Semi electric trucks in 2024: Elon Musk

Elon Musk-owned electric vehicle company Tesla is aiming to produce 50,000 Tesla Semi units per year in 2024

Tesla unveils home charging station that works with other electric vehicles

Electric vehicle company Tesla has launched a home charging station or Wall Connector as it calls it that works with other electric cars too, not just Tesla vehicles

Tesla recalls 1.1 mn vehicles to prevent drivers from pinching by windows

Elon Musk-run Tesla has recalled around 1.1 million vehicles to prevent drivers from getting pinched by the windows while being rolled up

Tesla wants videos of its vehicles crashing kid-sized dummies to be removed

The controversy surrounding the safety of Tesla's Full Self-Driving software has intensified as the car maker has demanded the removal of its electric vehicles crashing into kid-sized dummies videos

Tesla to build 10-12 gigafactories in years to come, hints Elon Musk

Tech billionaire Elon Musk has hinted that Tesla would probably build "at least 10 or 12 gigafactories" in years to come, teasing another gigafactory location to be chosen later this year.

Tesla aims to complete Cybertruck development this year: Elon Musk

Musk reiterated that Tesla's focus this year is to ramp up production of current vehicle programmes, especially Model Y and Model 3

Musk seeks immediate boost in oil, gas production to replace Russian output

Tesla Founder Elon Musk called for an immediate increase in oil and gas production around the world because sustainable solutions cannot replace Russian output."Hate to say it, but we need to increase oil & gas output immediately," Musk wrote on Twitter on Friday. "Extraordinary times demand extraordinary measures."Musk added that although increasing oil and gas production would affect Tesla negatively, sustainable energy solutions cannot react instantaneously to make up for Russian oil and gas exports.Earlier in the day, Bloomberg News reported that the Biden administration is considering imposing a ban on imports of Russian crude oil to the United States.US Senators Joe Manchin proposed a bill that would prohibit the import of Russian crude oil, petroleum, petroleum products, liquefied natural gas (LNG) and coal.Meanwhile, US President Joe Biden, in his State of the Union Address on Wednesday, pledged to enable exports of energy from US reserves with the EU working on to curb .

Tesla to win approval for $5.5-bn Berlin gigafactory on Friday

State of Brandenburg to hold press conference on Friday; Tesla's Berlin gigafactory has faced several delays, factory key to Tesla's ambitions in Europe