Tesla Pursues US Battery Plant With China’s CATL
Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China’s dominant electric vehicle battery manufacturer.
March 30, 2023NHTSA Opens Investigation Into Tesla Seat Belts Coming Loose
DETROIT — U.S. highway safety regulators have opened yet another investigation into problems with Teslas, this time tied to complaints that the seat belts may not hold people in a crash.
March 28, 2023Tesla Investors Lost $12 Billion After Musk Tweet, Experts Tell Jury
Tesla Inc. investors lost $12 billion over 10 days as a result of Elon Musk’s famous tweet in 2018 that he had “funding secured” to take the company private, a witness testified at a trial over the CEO’s liability.
Tesla Cuts Vehicle Prices in Bid to Boost Flagging Demand
DETROIT — With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically Jan. 13 on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest.
California Bill Says Tesla Can’t Call Cars ‘Full Self-Driving’
Starting in 2023, Tesla will effectively be banned from advertising its vehicles as Full Self-Driving in California under a new law signed by Gov. Gavin Newsom.
Elon Musk Tells Investors He’ll Pause on Tesla Stock Sales
Tesla CEO Elon Musk says he won’t sell any more shares in Tesla for 18 months or more, likely an attempt to comfort shareholders of the electric vehicle company who have watched the stock lose nearly half of its value since Musk’s purchase of Twitter went through in October.
NHTSA Investigates Automated Driving System Use in Two Tesla Crashes
The U.S. government’s highway safety agency said Dec. 22 it will send teams to investigate two November crashes in California and Ohio involving Teslas that may have been operating on automated driving systems.
Tesla Says Its Self-Driving Tech May Be a ‘Failure,’ but Not Fraud
Tesla’s Full Self-Driving technology may be a failure, Tesla lawyers admit — but it’s not a fraud.
Tesla to Suspend Output at Shanghai Factory in Late December
Tesla Inc. will suspend output in stages at its Shanghai electric car factory from the end of the month until as long as early January, according to people familiar with the matter, amid production line upgrades and slowing consumer demand.
December 9, 2022Tesla to Cut Output of EVs at Shanghai Factory
Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn’t meeting expectations.
December 5, 2022