Tesla Inc.’s touted Class 8 Semi tractor is likely to begin rolling off the company’s Reno, Nev., production line late next year, according to a senior executive.

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading April 23 as the company said it would accelerate production of more affordable vehicles.

Tesla Inc. plans to cut more than 6,000 jobs across Texas and California as part of CEO Elon Musk’s demand to slash more than 10% of the global workforce.

NEW YORK — Tesla knocked roughly a third off the price of its “Full Self Driving” system — which can’t drive itself  — to $8,000 from $12,000, according to the company website.

Tesla Inc. recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that can dislodge and cause the vehicle to unintentionally accelerate, increasing risk of a crash.

AUSTIN, Texas — Tesla will ask shareholders to reinstate a $55 billion compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year.

Tesla Inc. will slash global head count by more than 10%, Elon Musk wrote in an email to staff, as the carmaker grapples with a slowdown in electric vehicle demand.

SANTA CLARA, Calif. — Tesla has settled a lawsuit brought by the family of a Silicon Valley engineer who died in a crash while relying on the company’s semi-autonomous driving software.

When Elon Musk announced late April 5 that he’ll unveil a Tesla Inc. robotaxi in August, it was a clear attempt to arrest a spiral for the once high-flying carmaker.

Tesla Inc. plans to unveil its long-promised robotaxi later this year as the electric carmaker struggles with weak sales and competition from low-cost Chinese EVs.