[ Familiar says Revel is less concerned about the material effects of the Tesla layoff than the “cultural impact, tacking onto pessimism around EVs recently.” New York City officials seem confident someone will fill in the Tesla-sized charging gap. City programs ensure “that any provider doing business in NYC has a reliable, growing customer base, … Read more
[ Elon Musk will be pleased that his surprise jaunt to China on Sunday garnered many glowing headlines. The trip was undoubtedly equally a surprise to Indian prime minister Narendra Modi, who had been scheduled to offer Musk the red carpet on a long-arranged visit. The billionaire blew off India at the last minute, citing … Read more
[ BEIJING: On a surprise visit to Beijing amid speculation that he may unveil Tesla’s autonomous driving technology in the burgeoning electric vehicle (EV) market in China, billionaire Elon Musk on Sunday met Chinese Premier Li Qiang and discussed future expansion plans for his automobile.Li told Musk that China’s huge market will always be open … Read more
[ SHANGHAI: Tesla CEO Elon Musk was on a flight heading to Beijing on Sunday to kick off a surprise trip in the electric vehicle maker’s second-biggest market, according to two people with knowledge of the matter. Musk is seeking to meet senior Chinese officials in Beijing to discuss the rollout of Full-Self Driving (FSD) … Read more
[ A federal report published today found that Tesla’s Autopilot system was involved in at least 13 fatal crashes in which drivers misused the system in ways the automaker should have foreseen—and done more to prevent. Not only that, but the report called out Tesla as an “industry outlier” because its driver assistance features lacked … Read more
[ THE S&P 500 and the Nasdaq were set to open higher on Wednesday, with Tesla leading gains among megacap stocks after its quarterly results, while upbeat earnings reports across other sectors also offered support. Tesla outpaced megacap stocks with an 11.5% jump in premarket trading after the electric-vehicle maker eased some worries about growth … Read more
[ Elon Musk-led Tesla announced on Tuesday that it will utilize its current factories to produce new and more affordable vehicles, potentially starting as early as the end of this year. This decision makes investments in new factories in Mexico and India unlikely in the near future, states a Reuters report.The company, which is the … Read more
[ Tesla is accelerating plans for a line-up of new electric vehicles, including “more affordable models,” the automaker said in a memo to investors Tuesday. New models previously slated to start production in the second half of 2025 will now launch before then, the company said, implying production will start much earlier. It’s unclear whether … Read more
[ A compact, family-size car, the BYD Seal is unapologetically aimed at taking on the Tesla Model 3. That said, it’s bigger than the American in every dimension, most notably in both length (4,800 millimeters versus 4,694 millimeters for the Model 3) and wheelbase (2,920 millimeters versus 2,875 millimeters). The result is a roomier car … Read more
[ Tesla dropped the prices of its vehicles globally on Friday as the largest electric vehicle manufacturer faces declining sales. The prices of the Model X, Model Y and Model S — three of its four best-selling vehicles — were each reduced by $2,000, days after the company recorded below-anticipated delivery figures for the first … Read more
