Page 18 - Tesla

Tesla retreats from next-generation gigacasting manufacturing process

Tesla and Musk have said gigacasting helps the automaker reduce costs over the long term. But the process requires large initial investments

India 'shocked' as Elon Musk's surprise China visit leaves them spurned

India's pained reaction highlights the increasing rivalry between India and China, Asia two largest countries by population and among the region's most dynamic economies

Tesla chief Elon Musk's fortune soars by most since before Twitter purchase

In the past five days, the world's third-richest person has gained $37.3 billion in net worth, according to the Bloomberg Billionaires Index

TikTok and Tesla show that US-China battle over data is just beginning

The US now appears to be moving away from an open internet with unrestricted data flows and towards selected fragmentation based on national security concerns

Tesla wins data security clearance after Musk's surprise visit to China

The data security tests included how a vehicle collects "sensitive personal information" and whether a driver can easily stop a car from collecting data

Explained: Tesla's full self-driving and why its China rollout matters

Tesla's Model Y and three cars made it onto a top Chinese auto association's list of 76 car models found to be compliant with China's data security requirements

US SC rejects Elon Musk's appeal over tweets that must be approved by Tesla

The Supreme Court on Monday rejected an appeal from Elon Musk over a settlement with securities regulators that requires him to get approval in advance of some tweets that relate to Tesla, the electric vehicle company he leads. The justices did not comment in leaving in place lower-court rulings against Musk, who complained that the requirement amounts to prior restraint on his speech in violation of the First Amendment. The case stems from tweets Musk posted in 2018 in which he claimed he had secured funding to take Tesla private. The tweets caused the company's share price to jump and led to a temporary halt in trading. The settlement with the Securities and Exchange Commission included a requirement that his tweets be approved first by a Tesla attorney. It also called for Musk and Tesla to pay civil fines over the tweets in which Musk said he had funding secured to take Tesla private at $420 per share. The funding wasn't secured, and Tesla remains public. The SEC's initial ...

Baidu and Tesla agree on mapping deal for FSD in China, says report

As part of the deal, Baidu would also provide its lane-level navigation system to Tesla, they said

Elon Musk visits China as Tesla seeks self-driving technology rollout

The U.S. electric vehicle maker rolled out Full Self-Driving, or FSD, the most autonomous version of its Autopilot software, four years ago but has yet to make it available in China

Elon Musk heads to China in a surprise visit after postponing India visit

According to Reuters, Tesla, since 2021, has stored all data collected by its Chinese fleet in Shanghai as required by Chinese regulators and has not transferred any, back to the United States

US probes if Tesla Autopilot recall did enough to make drivers attentive

The US government's auto safety agency is investigating whether last year's recall of Tesla's Autopilot driving system did enough to make sure drivers pay attention to the road. The National Highway Traffic Safety Administration says in documents posted on its website Friday that Tesla has reported additional crashes involving Autopilot since the recall, raising concerns at the agency about the effectiveness of the remedy. The recall involved more than 2 million vehicles, nearly all the vehicles that Tesla had sold at the time. The agency pushed the company to do the recall after a two-year investigation into Autopilot's driver monitoring system, which measures torque on the steering wheel from a driver's hands. The fix involves an online software update to increase warnings to drivers. But the agency said in documents that it has found evidence of crashes after the fix, and that Tesla added updates that weren't part of the recall. This investigation will consider why these update

Tesla 'has to be India' as Musk defers meeting with PM Modi: Analysts

EV industry experts says Tesla's presence in the country in inevitable as business slows down elsewhere

Tesla pushes back on investor's latest move in Elon Musk's pay package row

If Tesla reincorporates in Texas and its board approves Musk's pay there, that would presumably have to be challenged in a new lawsuit under Texas law

Elon Musk once again richer than Mark Zuckerberg as fortunes reverse

The two billionaires switched ranks earlier this month, when Zuckerberg, 39, overtook Musk for the first time since 2020 following news that Tesla's vehicle deliveries fell in 3 months through March

Tesla CEO Elon Musk postpones India trip; to visit later this year

Elon Musk's trip to India has been postponed over reports claiming that he has a scheduled call with investors and analysts regarding Tesla's earnings on April 23

Tesla's shift on low-cost cars throws India investment plans into limbo

The world's top EV maker said it plans to raise production by 50% from 2023 to its current capacity of close to 3 mn vehicles before investing in new manufacturing lines

Tesla stock jumps as Musk's promise of 'affordable' cars eases growth fears

"We read 'more affordable' as potentially de-contented Model Y/Model 3 versions with improvements in software and AI/hardware capability, but at lower prices," Morgan Stanley analyst Adam Jonas said

Tesla to lay off nearly 2,700 employees in Texas factory, says report

The notice on Monday was issued under the WARN Act, a U.S. labor law that requires companies with 100 or more employees to notify 60 days ahead of planned closings or mass layoffs

Tesla shares rise 2.3% to $145 in early trading ahead of quarterly results

The stock was up 2.3% at $145.34 in volatile early trading ahead of the report, due after the closing bell

The localisation story of Elon Musk's Tesla: India versus China deal

The Tesla factory in China, on the other hand, sources 95% of its components locally after 5 years