Tesla Q1 profit crashes more than 50% to $1.1B as production woes hit deliveries
Tesla CEO Elon Musk visits the company's gigafactoy in Gruenheide near Berlin in March as production resumed. The company blamed a shutdown at the plant…
Tesla’s stock surges on optimism for Musk’s affordable car line-up
Tesla's shares surged by more than 10% despite a miss on the first-quarter earnings estimates as CEO Elon Musk signalled that the cheaper version of…
Tesla profit plunges 55%, as shares bounce on plans for cheaper vehicles | Technology
The Texas-based company reports profits of $1.1bn in the first quarter, down from $2.51bn a year ago. Tesla reported a 55 percent drop in profit…
Tesla results: Shares fall ahead of results as analysts revise down estimates
Tesla's shares have seen a fall of nearly 30% in the first quarter because of growth bottlenecks. As analysts revise down estimates of Q1 earnings,…
Tesla Cuts China, US Prices After Sales Slow, Inventories Rise
Breadcrumb Trail LinksPMN BusinessTesla Inc. has cut prices in China and the US, its two key markets, after disappointing first-quarter sales contributed to swelling inventory.Author…
Tesla recalls almost 4K Cybertrucks due to sticky accelerator pedal
Tesla on Wednesday issued a voluntary recall of all 3,878 Cybertrucks delivered to customers since the truck's launch event last year. A National Highway Traffic…
Tesla shares tumble below $150 per share, giving up all gains made over the past year
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated Press Associated PressPublished Apr 18, 2024 • 3 minute read You can save this article by registering…
Tesla asks shareholders to restore Elon Musk’s $56bn pay deal | Automotive Industry
Tesla Chair Robyn Denholm says company believes in ‘big risks for the chance of big rewards’. Tesla has asked shareholders to reapprove a record-breaking $56bn…
Tesla to ask board to re-approve Musk’s $56B compensation package
Tesla is asking its board to re-approve Elon Musk's $56 billion compensation package. Photo by Jim Ruymen/UPI | License Photo April 17 (UPI) -- Tesla…
Tesla to lay off more than 10 percent of staff worldwide amid falling sales | Automotive Industry News
CEO Elon Musk says in memo that job cuts will leave firm ‘lean, innovative and hungry for the next growth phase cycle’. Electric carmaker Tesla…
Tesla settles lawsuit over fatal car crash for undisclosed amount | Automotive Industry
The settlement avoids jury trial months ahead of Tesla’s scheduled release of a self-driving taxi. Electric carmaker Tesla has settled a lawsuit brought by the…
Elon Musk announces Tesla Robotaxi reveal for Aug. 8
Tesla CEO Elon Musk (L) visits the Tesla electric car plant in Gruenheide near Berlin, Germany, in March. Musk on Friday posted on X that…
Major car brand rolls out its last ever diesel motor & heads into all-electric era with ‘flag held high’
A POPULAR motor firm has produced its last ever diesel powered car - keeping to its promise of becoming an electric-only brand by 2030. The…
Chinese spies could remotely control EVs in UK to bring roads to a standstill & steal drivers’ data, experts warn
CHINESE spies could remotely control electric vehicles in the UK to bring roads to a standstill and steal drivers' data, experts have said. The chilling…
Elon Musk visits German Tesla plant as it reopens after suspected arson
Tesla founder Elon Musk visited the electric car company's factory in the German state of Brandenburg on Wednesday after it was closed earlier this month…
Tesla investors sound off to judge who voided Musk pay plan
Breadcrumb Trail LinksNewsInvestorOppose winning lawyers' request for fees to be paid in stockAuthor of the article:Bloomberg News Jef Feeley and Dana HullPublished Mar 13, 2024…
Watch as car FLIES over busy city as ‘commute of the future’ revealed – and how you can get yours for just £100
THIS is the moment a car FLIES over a busy city as a "commute of the future" is revealed. Tech firm Alef Aeronautics last year…
Far-left group claims attack on Tesla factory in Germany | Technology News
Production halted at electric vehicle plant in Brandenburg after suspected arson attack causes power outage. Tesla has halted production at its German factory after power…
Dodger Stadium gondola project claims early-season victory
Good morning, and welcome to the Essential California newsletter. It’s Sunday, Feb. 25. I’m Andrew J. Campa, your host. Here’s what you need to know…
Miffed Musk relocates Neuralink from Delaware after Tesla pay package ruling
Neuralink founder and Tesla CEO Elon Musk notified the biotech company's shareholders this week he has moved the company's headquarters from Delaware to Nevada. File…