Planning, designing, engineering, and releasing a competitive product in its market category is one thing for a car brand. But it's quite another for a car brand to entice buyers and leave them with enough of a lasting impression to...
Following a strong fourth quarter in which the US company reached its greatest-ever quarterly sales, net income, and operating income, Tesla completed its most profitable year on record in 2022. The manufacturer of electric vehicles reported $24.3 billion in revenue...
More than $3.6 billion will be spent by Tesla to add two additional buildings to its Nevada Gigafactory complex, one of which will be used to mass produce its long-delayed Semi electric truck and the other to create its new...
The Hawthorne station close to Tesla's Design Studio in California may soon host the first CCS-compatible Tesla Supercharger with a Magic Dock slot. Leaked subscription plan costs in the past suggested a sizable monthly fee as well as a PAYG...
The person in charge of Tencent's stake in Tesla claims that the American electric carmaker would "keep blowing our minds" with technology even if CEO Elon Musk is preoccupied with Twitter. One of the biggest gaming and social media companies...
Lower prices should increase sales, and it appears that Tesla’s move to make price cuts in China has had the desired effect. Tesla's retail sales increased in the first half of January, after the company reduced its prices by 5.7-13.5...
Tesla has announced significant price reductions throughout its lineup of vehicles. The importance of these reductions might have a significant impact on both the increasingly competitive EV market and Tesla's brand. Even as automakers struggle to find enough materials to...
In its most recent over-the-air software upgrade, Tesla introduced a new fine for careless drivers. Any motorist who experiences five "Forced Autopilot Disengagements," which occur when the system automatically disengages for the remainder of a trip after giving the driver...
Tom Zhu, the CEO of Tesla in China, has been promoted to oversee the company's North American and European sales activities as well as its US manufacturing plants. According to an internal posting of reporting lines, Tom Zhu will oversee deliveries...
A new year's resolution has been made for 2023 by the most popular electric vehicle brand in the world, which is also led by one of the most popular tweeters in the world. A report based on internal schedules that...
Customers of the Autopilot and Full Self-Driving (FSD) technologies have filed a class-action lawsuit against Tesla. They contend that Tesla's marketing materials from the previous six years and comments made by co-founder and CEO Elon Musk misled them into believing...
For large-scale energy storage projects, Tesla recently improved the Megapack and was able to pack a lot more energy into a single battery system. After the Powerwall and Powerpack, Tesla introduced the Megapack as its third stationary energy storage device...
Elon Musk, Tesla's CEO / Technoking since mid-2008 seems to have made a decision this year about who will eventually step into his enormous shoes. James Murdoch is a Tesla board director and son of media mogul, Rupert Murdoch. James...
Just over 40,000 Tesla vehicles are being recalled in the US due to a potential power-steering issue. The electric car maker owned by Elon Musk warns that potholes or uneven roads could cause the vehicles' power-steering assist system to malfunction....
One of the largest collections of vintage vehicles is housed at the Petersen Automotive Museum in Los Angeles, which is renowned for its uncommon and original models that are frequently true one-of-a-kind. But right now, it's putting up the largest...
In September 2022, the Tesla Model Y overtook the best-selling Volkswagen Golf to claim the title of most popular new automobile in Europe based on sales volume. Tesla shipped 29,367 units of the Model Y electric SUV to clients in...
In September, Tesla shipped 83,135 electric vehicles produced in China, shattering its previous monthly high. As the American automaker continues to invest in manufacturing in China, the number represents an 8% rise from August and set a record for Tesla's...
Tesla's stock price fell more than 4% after markets closed midweek as a result of its third-quarter revenue falling short of investor forecasts. The business reported $21.45 billion in sales and a $3.3 billion profit. The findings follow the electric car...
Foxconn, the largest electronics manufacturer for Apple's iPhones, wants to eventually produce cars for Tesla as it expands its production of electric vehicles. The Model V pickup truck and the Model B sports crossover hatchback are two electric vehicle prototypes...
S&P Global Ratings has formally raised Tesla's long-term credit rating to investment grade. Tesla was nevertheless classed as a junk bond by rating agencies like S&P Global Ratings and Moody's Investors Service despite generating profits for more than two years...
The much-heralded humanoid robot "Optimus" was on display by Tesla CEO Elon Musk on Friday during the electric vehicle manufacturer's AI Day event. Musk, the Technoking of Tesla, predicted that a robot business will be more valuable than its automobiles...