Tesla: News

18 Jun 2024

Elon Musk

Tesla initiates legal fight to reinstate Musk's $56B pay package

Tesla has initiated a legal battle to reinstate CEO Elon Musk's record $56 billlion compensation, following a shareholder vote in favor of the pay package.

17 Jun 2024

Shiv Sena

Explained: Report on EVM 'hacking' in Mumbai triggers row

A political slugfest has erupted over allegations of electronic voting machine (EVM) hacking in the Mumbai North West Lok Sabha seat.

15 Jun 2024

California

Tesla in self-driving mode crashes into police car in California

A Tesla vehicle, reportedly operating in self-driving mode, collided with a stationary police car in Fullerton, California.

14 Jun 2024

Elon Musk

Tesla shareholders sue CEO Musk over competing AI company, xAI

Tesla shareholders have filed a lawsuit against CEO Elon Musk and the company's board of directors.

14 Jun 2024

Elon Musk

Tesla shareholders re-approve Elon Musk's $56 billion pay package

Tesla shareholders have once again approved CEO Elon Musk's controversial $56 billion compensation package.

13 Jun 2024

Elon Musk

Tesla shareholders are approving $56B pay package, claims Elon Musk

Tesla shareholders are voting in favor of the $56 billion pay package for CEO Elon Musk, as well as relocating the company's legal headquarters to Texas, according to Musk.

12 Jun 2024

China

EU increases tariffs on electric vehicle imports from China

The European Union (EU) has announced plans to increase tariffs on electric vehicles (EVs) imported from China by up to 38.1%.

11 Jun 2024

Elon Musk

Musk's $56B Tesla compensation: Shareholder vote won't reverse judge's decision

Tesla's upcoming shareholder vote on CEO Elon Musk's $56 billion pay package is unlikely to reverse a judge's decision to nullify the 2018 compensation deal.

10 Jun 2024

Elon Musk

Tesla Model Y facelift not coming until 2025, confirms Musk

Tesla's CEO, Elon Musk, has confirmed that the refreshed version of the company's popular Model Y will not be launched in 2024.

09 Jun 2024

Elon Musk

Elon Musk praises Indian-origin Tesla director for his contributions

Elon Musk, the CEO of Tesla, has publicly recognized Ashok Elluswamy, the director of AI/autopilot software at the firm, for his significant contributions to the electric car company.

08 Jun 2024

Elon Musk

Norway's sovereign wealth fund opposes Musk's $56bn Tesla pay deal

Norway's $1.7 trillion sovereign wealth fund, Norges Bank Investment Management (NBIM), has declared its intention to vote against the proposed $56 billion pay package for Tesla CEO Elon Musk.

07 Jun 2024

Elon Musk

Musk may leave Tesla if $56B pay package not approved

Tesla's board chair, Robyn Denholm, has urged shareholders to approve a substantial $56 billion pay package for CEO Elon Musk.

05 Jun 2024

China

Tesla's China shipments experience downturn amidst rising competition

Tesla is grappling with a decline in shipments from its Shanghai factory, marking the third such instance this year.

05 Jun 2024

Elon Musk

Elon Musk redirects NVIDIA chips intended for Tesla to xAI

Tesla CEO Elon Musk has directed NVIDIA, a prominent tech firm, to prioritize the delivery of AI processors to his other ventures, X and xAI.

26 May 2024

Elon Musk

Tesla shareholders advised to reject Elon Musk's $56B pay package

Proxy advisory firm Glass Lewis has advised Tesla shareholders to reject a proposed $56 billion pay package for CEO Elon Musk.

25 May 2024

Tesla Model Y

Tesla cuts Model Y production in China by 20%

Tesla, the leading global electric vehicle manufacturer, has reportedly decided to cut production of its top-selling Model Y electric vehicle (EV) in China by about 20%.

23 May 2024

NVIDIA

NVIDIA outshines Amazon and Tesla with $2.5 trillion market cap

NVIDIA, a leading hardware manufacturer for 3D gaming, and AI-powered graphic processing units (GPUs), has experienced a significant increase in its market capitalization, reaching $2.5 trillion.

19 May 2024

Elon Musk

Tesla maintaining silence on India strategy despite new EV policy

Despite the Indian government unveiling a new electric vehicle (EV) policy in March, Tesla has yet to disclose its plans for establishing a business in the country.

18 May 2024

VinFast

VinFast's stock takes a dive amid stagnant EV sales

VinFast, an electric vehicle (EV) manufacturer backed by Vietnam's richest individual, has experienced a significant 65% drop in its stock value this year.

17 May 2024

Elon Musk

Tesla eyes China data for training its autonomous driving tech

Tesla is reportedly planning to harness data from China to bolster the global development of its autonomous driving system, marking a shift in its data utilization approach.

14 May 2024

Elon Musk

Tesla rehiring certain Supercharger team members after unexpected dissolution

Tesla has initiated the process of rehiring some of the nearly 500 workers of its Supercharging team, who were let go last month by CEO Elon Musk.

14 May 2024

California

Tesla settles with ex-employee allegedly fired for reporting sexual misconduct 

Tesla has successfully settled a lawsuit filed by Tyonna Turner, a former factory employee.

08 May 2024

Elon Musk

US DOJ investigating Tesla over potential securities and wire fraud

The Department of Justice (DOJ) in the US, is currently investigating Tesla for potential securities and wire fraud, according to a Reuters report.

07 May 2024

Elon Musk

Tesla fires more employees in another round of job cuts

Tesla, the electric vehicle giant led by Elon Musk, has announced another round of job cuts affecting staff in the software, services, and engineering departments, according to a report by Electrek.

07 May 2024

SoftBank Group

UK startup secures record $1B funding to expand self-driving tech

Wayve, a UK-based startup specializing in self-driving technology, has successfully raised $1.05 billion in a Series C funding round.

05 May 2024

Delhi High Court

Tesla sues Indian battery manufacturer for alleged trademark infringement

Tesla, the globally recognized electric vehicle giant, has filed a lawsuit against an Indian battery maker, Tesla Powers India Private Limited.

30 Apr 2024

Elon Musk

Tesla CEO Elon Musk ousts top executives amid falling sales

In a decisive response to dwindling sales, EV maker Tesla's CEO Elon Musk has terminated two senior executives.

30 Apr 2024

Tesla Cybertruck

Tesla Cybertruck receives off-road software update: Check what's new

Tesla's Cybertruck has received a new software update, introducing an Off-Road Mode to the electric vehicle.

30 Apr 2024

BYD

BYD reports significant profit and delivery decline amid price war

BYD, a global leader in electric vehicle (EV) production, has reported a decrease in its quarterly profit due to a significant drop in deliveries.

30 Apr 2024

Elon Musk

Supreme Court upholds restrictions on Musk's Tesla-related social media posts

The US Supreme Court has upheld a settlement that mandates Tesla CEO Elon Musk to seek prior approval for certain social media posts about Tesla.

29 Apr 2024

China

Tesla partners with Baidu for autonomous driving in China

Tesla has successfully overcome significant challenges to introduce its driver-assistance system in China, the world's largest auto market.

28 Apr 2024

Elon Musk

Elon Musk in China to discuss Tesla's self-driving technology

Tesla's CEO, Elon Musk, has embarked on an unanticipated trip to Beijing, a key market for the electric vehicle giant.

27 Apr 2024

Elon Musk

Tesla's Autopilot, FSD systems under scrutiny in US: Here's why

Federal investigations in the US, have raised serious concerns about the safety of Tesla's Autopilot and Full Self-Driving (FSD) systems, following their involvement in numerous accidents and fatalities.

26 Apr 2024

Narendra Modi

Tesla remains committed to India expansion despite Musk's postponed visit

Tesla remains steadfast in its expansion plans in India despite Elon Musk's recent decision to postpone his meeting with Indian Prime Minister Narendra Modi.

24 Apr 2024

Elon Musk

Tesla to operate fleet of self-driving taxis, says Elon Musk

Elon Musk, CEO of Tesla, has revealed plans for the company to operate a fleet of self-driving taxis.

24 Apr 2024

Boston Dynamics

Tesla could sell Optimus robots by next year: Elon Musk

Tesla, the electric vehicle giant, is currently developing a humanoid robot named Optimus.

24 Apr 2024

Auto

Tesla unveils Model 3 Performance with 510hp dual-motor AWD powertrain

Tesla has unveiled its revamped Model 3 Performance for 2024, boasting a dual-motor setup that generates an impressive output of over 500hp.

24 Apr 2024

Elon Musk

Tesla's net profit for Q1 drops by 55% to $1.13B

Tesla's net profit for the first quarter of 2024 plummeted to $1.13 billion, marking a significant 55% decrease from the $2.51 billion reported in the same period last year.

22 Apr 2024

China

Tesla slashes prices of cars globally amid falling sales

Tesla, the leading electric vehicle (EV) manufacturer, has announced significant price cuts in several major markets including China, Germany, and the US.

21 Apr 2024

China

Tesla gears up to launch full self-driving technology in China

Tesla, the electric vehicle manufacturer, is preparing to introduce its Full Self-Driving (FSD) technology in China, a significant market for the company.