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…
Ark’s Wood remains bullish on Tesla, says oil stock rally ‘defying logic’
By David Randall NEW YORK (Reuters) – Star stock picker Cathie Wood of Ark Invest suggested the rally in energy stocks will soon end and reiterated her bullish view on electric vehicle…
Indonesia close to EV deals with BYD Group and Tesla – minister
JAKARTA (Reuters) – Indonesia is finalising agreements with China’s automaker BYD Group and U.S. carmaker Tesla to invest in electric vehicle (EV) production facilities in the Southeast Asian country, a senior cabinet…
Tesla under fire in Germany over union concerns on working hours, contracts
BERLIN (Reuters) – Tesla has come under fire from German union IG Metall and politicians over allegations by workers of unreasonable working hours and fears over speaking out at its Brandenburg plant,…
China passenger vehicle sales rise in Dec, Tesla sales slump 41% – data
SHANGHAI (Reuters) – China’s passenger car sales rose 2.4% in December as consumers rushed to make use of a subsidy for electric vehicles (EV) before they expired last month, with sales likely…
Tesla offers discount in Singapore on EVs in inventory
SINGAPORE (Reuters) – Tesla has begun offering discounts to electric vehicle buyers in Singapore who agree to purchase existing inventory of the Model 3 or Model Y, a company sales representative said…
Factbox-Details of Tesla price cuts in China, other Asian markets
(Reuters) – Tesla cut electric car prices in China and other Asian markets on Friday, part of efforts to stoke demand for output from its Shanghai plant, a person with direct knowledge…
Former Tesla employee Gore to lead U.S. zero emission advocacy group
By David Shepardson WASHINGTON (Reuters) – Albert Gore III, a former Tesla public policy employee, has been named executive director of the Zero Emission Transportation Association (ZETA), the Washington-based group said on…
Tesla, EV rivals absorb costs after China pulls plug on subsidy
SHANGHAI (Reuters) – China’s decision to end a more than decade-long subsidy for electric vehicle purchases has forced automakers, including Tesla, to deepen discounts to maintain sales as demand eases in the…
Marketmind: Every picture Tesla story
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. If the first proper global trading day of 2023 offers any clue on how the…
Tesla shares record rare jump this month on the way to worst year
(Reuters) – Shares of Tesla Inc snapped a seven-session losing streak on Wednesday, in their rare rise this month on the way to what will be the electric-vehicle maker’s worst year on…
Tesla Unexpectedly Paused Production At Chinese Facility Early As Demand Slumps: REPORT
Tesla Unexpectedly Paused Production At Chinese Facility Early As Demand Slumps: REPORT John Hugh DeMastri on December 26, 2022 Tesla temporarily halted production at its Shanghai factory on Dec. 24, starting an…
Tesla shares tumble, on track for worst month ever
By Noel Randewich (Reuters) – Tesla Inc shares are on track for their worst month ever as a sell-off deepened on Thursday over worries about softening demand for electric cars and Chief…
Tesla falls on growing angst over Musk’s focus on Twitter
(Reuters) – Shares of Tesla Inc fell nearly 6% on Tuesday after a string of brokerages cut their price targets on the electric-vehicle maker’s stock, citing the risk from Elon Musk’s Twitter…
Senator Warren, Tesla investor turn up heat over Musk’s Twitter role
By David Shepardson and Hyunjoo Jin WASHINGTON/SAN FRANCISCO (Reuters) – Senator Elizabeth Warren, a longtime critic of Tesla Inc boss Elon Musk, on Monday raised concerns that the automaker’s board had failed…
Tesla hits 3,000 cars a week in Berlin, Austin later than planned
BERLIN (Reuters) – Tesla’s German plant produced 3,000 cars last week for the first time, the carmaker tweeted late on Sunday – but the milestone was reached over two months later than…
Exclusive-PepsiCo to roll out 100 Tesla Semis in 2023, exec says
By Jessica DiNapoli and Hyunjoo Jin NEW YORK/SAN FRANCISCO (Reuters) -PepsiCo plans to roll out 100 heavy-duty Tesla Semis in 2023, when it will start using the electric trucks to make deliveries…
Tesla plans to announce Mexico EV plant as soon as next week -Bloomberg News
(Reuters) – Tesla Inc is finalizing plans to build an electric vehicle assembly plant in an industrial area of northeastern Mexico and may announce the factory as early as next week, Bloomberg…
Tesla shares fall as investors bash Musk’s Twitter focus
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla shares extended declines to hit their lowest level in more than two years on Wednesday, as investors including a “fanboy” of CEO Elon Musk…
Tesla to search for water in quest to expand German gigafactory
By Victoria Waldersee BERLIN (Reuters) – Tesla plans to drill for new water sources to supply an expansion of its electric vehicle plant near Berlin, according to local authorities and water associations,…
Tesla to shorten Shanghai shifts, delay hiring – Bloomberg News
(Reuters) – Tesla Inc will shorten shift hours at its Shanghai factory and has delayed on-boarding of new staff at its most productive plant, according to a report by Bloomberg News, sending…
Musk’s bankers mull new Tesla margin loans to slash Twitter debt – Bloomberg News
(Reuters) – Billionaire Elon Musk’s bankers are considering providing the Tesla Inc Chief Executive Officer with new margin loans backed by the U.S. automaker’s stock to replace some of the high interest…
Tesla offers additional discount to Chinese buyers on some models
SHANGHAI (Reuters) – Tesla is offering a limited time discount of 6,000 yuan ($859.20) to Chinese buyers on some models from Wednesday through to the end of 2022, a company representative said…
Tesla China denies media reports of output cut at Shanghai plant
SHANGHAI (Reuters) – Tesla on Monday said media reports which said its plant in Shanghai would cut December output of its Model Y were “untrue”. Reuters on Monday reported Model Y output…
Tesla sold 100,291 China-made vehicles in Nov -Xinhua
SHANGHAI (Reuters) – Tesla Inc delivered 100,291 China-made electric vehicles (EVs) in November, the highest monthly sales since its Shanghai factory opened in late 2020, a Xinhua report said on Monday. The…
Tesla plans to ramp up Model Y production from Giga Texas in 2023 – Electrek
(Reuters) – Tesla Inc is planning to ramp up production of its Model Y cars from Gigafactory Texas next year, Electrek reported on Wednesday. The electric-vehicle manufacturer is currently preparing to roll…
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