Stafford man busted after drunk drive in rental Tesla
STAFFORD, VA – A 29-year-old Stafford man was arrested Friday night after deputies say he was driving a rental Tesla while intoxicated and nearly ran off the road. Around 9:53 p.m., First…
Hyundai Europe CEO: we won’t take a “knee-jerk reaction” to Tesla
MUNICH (Reuters) – Hyundai Motor Co’s European chief said the carmaker was not making a direct change to its pricing in response to Tesla’s price cuts, adding consumers needed reassurance that prices…
Elon Musk reverses course and says Tesla will advertise its cars
By Hyunjoo Jin and Sheila Dang SAN FRANCISCO (Reuters) – Tesla Inc boss Elon Musk, who has never used traditional advertising to sell cars, said on Tuesday that the automaker would try…
Tesla to meet Indian officials this week – source
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – Senior Tesla Inc executives will meet Indian government officials on Wednesday and Thursday to discuss local procurement of parts and other issues,…
Tesla applies to expand Shanghai plant, add pouch battery cell output
(Reuters) – Tesla Inc has applied for regulatory clearance to expand its Shanghai plant and to begin producing for the first time pouch-type battery cells, albeit in small numbers. An undated public…
Musk: Tesla to make significant investments in France at some point
PARIS (Reuters) – US electric car manufacturer Tesla will make significant investments in France, its CEO Elon Musk said in Versailles on Monday, adding that he could not give a timetable. Asked…
Marketmind: Debt ceiling jitters, Turkey vote, Soros ditches Tesla
(Reuters) – A look at the day ahead in U.S. and global markets by Amanda Cooper. Time is running out to break the impasse on the U.S. government borrowing limit. President Joe…
Soros Fund Management cut Tesla stake, added Netflix in 1st quarter
By David Randall NEW YORK (Reuters) – Soros Fund Management, the family office of billionaire George Soros, slashed its stakes in electric vehicle makers Tesla Inc and Rivian Automotive in the first…
Tesla says its Texas factory hits output of 5,000 Model Ys per week
BERKELEY, California (Reuters) – Tesla said on Tuesday that its Texas factory achieved production of 5,000 Model Y vehicles per week, meaning that it would be able to produce about 260,000 of…
Tesla raises prices for new Model S, Model X in China
BEIJING (Reuters) – Tesla Inc has raised prices for its new Model S and Model X vehicles in China by 19,000 yuan ($2,751), its website showed on Friday. ($1 = 6.9060 Chinese…
Joby Aviation to get investment from Tesla shareholder Baillie Gifford
(Reuters) – British investment management firm Baillie Gifford will invest $180 million in electric aircraft maker Joby Aviation, they said on Wednesday. This comes days after Joby clinched a $55 million contract…
Global companies by market cap: Tesla fell most in April
(Reuters) – Tesla Inc was the biggest loser among top companies by market capitalisation in April, hit by disappointing quarterly earnings after it posted the lowest quarterly gross margin in two years.…
Tesla Models S, X unavailable in some Asia-Pacific countries, website shows
(Reuters) – Tesla’s Model S and Model X were not available for order in some Asia-Pacific countries, including Australia, Thailand, Singapore and New Zealand, the automaker’s website showed on Sunday. Other Tesla…
Stellantis’ Tavares: no intention of starting a price war with Tesla
PARIS (Reuters) – Car maker Stellantis has no intention of starting a price war with Tesla, its CEO Carlos Tavares said on Thursday. If the entire electric vehicle market were to experience…
GM, Ford strive to convince investors: no price war with Tesla
By Joseph White DETROIT (Reuters) – Detroit automakers General Motors Co and Ford Motor Co will try to convince Wall Street when they release first-quarter earnings this week that they will not…
Analysis-China’s Xpeng takes cues from Tesla for its new EV platform
By Paul Lienert (Reuters) – Chinese electric vehicle maker Xpeng Inc is the latest manufacturer hoping to save money and speed development and production by shifting to a digital vehicle architecture –…
Tesla sets up new-energy firm in Shanghai with $2 million registered capital -Tianyancha
BEIJING (Reuters) – Tesla Inc has set up a new-energy company in Shanghai with registered capital of $2 million, according to Tianyancha, a company information data provider. (Reporting by Beijing newsroom; Editing…
Elon Musk’s Tesla Doubles Down On China Investment
Elon Musk’s Tesla Doubles Down On China Investment Jason Cohen on April 10, 2023 Tesla is developing a plant in Shanghai to manufacture its Megapack battery as tensions grow between the U.S.…
US House committee chair ‘concerned’ by Tesla deals in China
By Michael Martina and Patricia Zengerle WASHINGTON (Reuters) – The leader of a U.S. congressional committee on China said on Monday he was concerned about electric carmaker Tesla Inc’s dependency on China,…
U.S. opens safety probe into Tesla that struck student in North Carolina
By David Shepardson WASHINGTON (Reuters) – U.S. safety authorities said on Friday they are investigating whether an advanced driver assistance system was in use when a Tesla struck a 17-year-old student that…
US judge in Tesla race bias lawsuit denies plaintiff’s bid for mistrial
By Daniel Wiessner (Reuters) – A Black former Tesla Inc factory worker suing the electric-vehicle maker for race discrimination lost his bid for a mistrial on Friday after claiming the company’s lawyers…
Musk, China’s BYD deny report on Tesla ending battery supply cooperation
SHANGHAI (Reuters) – Tesla Inc Chief Executive Elon Musk and Chinese electric vehicle and battery maker BYD Co Ltd on Tuesday denied a media report that said the U.S. company was ending…
Mexico can’t match U.S. incentives for proposed Tesla battery plant, minister says
MEXICO CITY (Reuters) – Mexico would not be able to match the incentives offered under a U.S. act to tame inflation if Tesla Inc builds a battery plant in the country, Mexico’s…
Site of Tesla Mexico factory near double size of Texas plant, local official says
By Daina Beth Solomon MEXICO CITY (Reuters) – Tesla Inc’s planned factory in Mexico’s northern border state of Nuevo Leon will be built on a site spanning several thousand acres, almost twice…
Tesla to get over $330 million in tax abatement from Nevada
(Reuters) – Nevada on Thursday approved more than $330 million in tax abatement for electric vehicle maker Tesla Inc that is set to invest more than $3.6 billion in the state to…
Electric vehicle maker Tesla to open office in Malaysia
KUALA LUMPUR (Reuters) – Malaysia on Wednesday said electric vehicle (EV) maker Tesla Inc will open an office in the Southeast Asian country and establish a network of charging stations for its…
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