Elon Musk-run Tesla has recalled 137 Model Y electric vehicles (EVs) in the US in response to an issue with the fastener for the steering wheel.
Tesla boss hails China's 'vitality, promise'; asked to boost investment in Shanghai by top party official
The Tesla Inc. chief executive officer surpassed luxury tycoon Bernard Arnault on Wednesday after shares of Arnault's LVMH fell 2.6% in Paris trading
China's industry minister met Tesla Ltd. CEO Elon Musk on Wednesday and the two discussed development of electric and intelligent networked vehicles, the ministry said. The ruling Communist Party is trying to revive investor interest in China's slowing economy. Foreign companies are uneasy following raids on consulting firms and given the strained Chinese relations with Washington. Jin Zhuanglong and Musk exchanged views on the development of new energy vehicles and intelligent networked vehicles, said a statement by the Ministry of Industry and Information Technology. It gave no details. China accounts for half of global electric vehicle sales and is the site of Tesla's first factory outside the United States. On Tuesday, Foreign Minister Qin Gang told Musk during a meeting that China's EV market has broad prospects for development, according to a ministry statement. Tesla opened the first wholly foreign-owned auto factory in China in 2019 after Beijing eased ownership restrictio
Tesla wants to pursue a deal similar to one that Ford Motor Co. announced in February with CATL to construct a plant wholly owned by the US automaker
China's foreign minister met Tesla Ltd. CEO Elon Musk on Tuesday and said strained U.S.-Chinese relations require mutual respect, while delivering a message of reassurance that foreign companies are welcome. U.S.-Chinese relations are especially tense after Washington shot down a Chinese balloon believed to be gathering intelligence and warned Beijing against supplying arms to Russia for its war against Ukraine. The Wall Street Journal reported China has rejected a request for its defense minister to meet the U.S. defense secretary when both are in Singapore this weekend. We need to keep the steering wheel in the right direction of mutual respect, peaceful coexistence and win-win cooperation, Qin Gang told Musk, according to a ministry statement. The two sides should avoid dangerous driving,' Qin said. He gave no details of steps to improve relations. Musk's visit comes at a time when the ruling Communist Party is trying to revive investor interest in China's slowing economy. Fore
U.S. highway safety regulators have closed an investigation into Tesla allowing video games to be played on centre touch screens while vehicles are moving. The National Highway Traffic Safety Administration says in documents posted Tuesday that Tesla disabled the feature called passenger play with an online software update in December of 2021, under pressure from the agency. The agency said in documents that removing passenger play resolved its concerns about distracted driving that could be caused by the feature. The software update covered more than 580,000 vehicles from the 2017 through 2022 model years. One month after software update went out, Tesla reported that 97% of the vehicles had received it. The agency said it opened the investigation in December of 2021 after getting a complaint from a Tesla owner that games could be played by the driver while the vehicles are moving. The investigation was opened to assess the driver distraction potential. It says in documents that
Automakers appear to be at the forefront of bidders for the recently uncovered lithium reserves in the Jammu and Kashmir region
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The 2023 Model Y starts at $47,490, considerably more than the 2023 Corolla ($21,550) and RAV4 ($27,575), said the report
Challenging Musk's full self-driving claims, a Tesla whistleblower has reportedly leaked data to a German media outlet that contains thousands of customer complaints about automaker's FSD features
All of Ford Motor Co's current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations in the US and Canada starting next spring. Ford CEO Jim Farley and Tesla CEO Elon Musk announced the agreement Thursday during a Twitter Spaces audio chat. We think this is a huge move for our industry and for all electric customers, Farley said. Musk said he didn't want Tesla's network to be a walled garden and that he wants to use it to support sustainable transportation. It is our intent to do everything possible to support Ford and have Ford be on an equal footing at Tesla Superchargers, Musk said. Farley said there will be a cost to Ford owners, perhaps a monthly subscription, but he didn't give specifics. Details of any financial arrangement between Ford and Tesla were not announced. At first, Ford's current electric vehicles will need an adapter to hook into the Tesla stations, which have their own connector. But Ford will switch to Tesla's North America
It has been acting pricey in India, where there are just two significant indigenous makers of passenger cars and utility vehicles
(Reuters) -Tesla Inc Chief Executive Officer Elon Musk said on Tuesday the automaker would probably pick a location for a new factory by the end of this year.
In which we munch over the week's platter of news and views
Wall Street still needs a lot of convincing. Ford projects losses from its EV unit to be $3 billion this year. Meanwhile, Tesla continues to dominate the US market and has been cutting prices
Tesla proposed setting up a factory in India to build electric vehicles (EVs) and is also looking at manufacturing EV batteries, Reuters reported
A delegation of Tesla Inc. executives to India discussed the possible local sourcing of components and incentives but stopped short of proposing to build vehicles in the country
The present customs duty regime in India does not distinguish between electric cars and those that run on hydrocarbons and imposes high duties
Tesla Inc asked how it could take part in domestic incentives in India related to car and battery manufacturing