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Tag: Tesla

Tesla to build humanoid robots for internal use
News

Tesla to build humanoid robots for internal use

Tesla CEO Elon Musk announced on Monday that the company will begin production of humanoid robots for internal use starting next year, with plans to ramp up availability for other companies by 2026, as outlined in a social media post. Earlier projections by Musk indicated that the robots, named Optimus, would initially perform tasks in […]

Tesla slashes prices of cars in China, Germany, Africa
News

Tesla slashes prices of cars in China, Germany, Africa

Tesla has recently implemented price reductions in several key markets, including China and Germany, in response to declining sales and escalating competition in the electric vehicle sector. This move follows earlier price adjustments in the United States. In a statement on Sunday, Tesla’s CEO Elon Musk emphasized the necessity of frequent price changes to align […]

Tesla cuts prices for Model Y, X, S cars
News

Tesla cuts prices for Model Y, X, S cars

Tesla has reduced the prices of its Model Y, Model X, and Model S by $2,000 for buyers in the US, Reuters reported. The North American division of the company announced the adjustment to the Model Y on Friday night, concurrently revealing the discontinuation of Tesla’s referral program benefits across all markets by April 30. […]

Tesla recalls Cybertrucks over pedal issue
News

Tesla recalls Cybertrucks over pedal issue

Tesla has initiated a recall affecting 3,878 units of its 2024 Cybertruck model due to a potential issue with the accelerator pedal. The concern arose when it was found that the accelerator pedal might become lodged, leading to inadvertent acceleration and a heightened risk of accidents. According to a report filed with the National Highway […]

Child labor: Court dismisses US tech corps' lawsuit in cobalt mines
News

Child labor: Court dismisses US tech corps’ lawsuit in cobalt mines

The lawsuit featured 16 plaintiffs, including the families of five children who died while working as cobalt miners. Business Insider reported that the U.S. Court of Appeals for the District of Columbia dismissed the appeal filed by former child miners and their advocates, ruling in favour of the technology corporations. Cobalt is a component of […]

Tesla to fix software issues in 8,700 vehicles after recall
Tech

Tesla to fix software issues in 8,700 vehicles after recall

China’s market regulator announced on Friday that Tesla will rectify software issues in 8,700 vehicles to enhance safety and reduce the risk of accidents. This action, affecting 1,071 imported Model S and Model X, along with 7,629 China-produced Model 3 vehicles, is categorized as a product recall under Chinese regulations. It remains unclear whether drivers […]

Elon Musk blames 'Supervillain-Level' cyberattack for X outage
News

Tesla capitalization: Musk’s wealth drops $30bn in 2024

By Alex Omenye The year 2024 has not been favorable for billionaire Elon Musk, as his net worth takes a hit following a $30 billion drop in Tesla’s market capitalization at the close of Monday’s trading session. Elon Musk’s net worth experienced a $3.9 billion decline, bringing his valuation to $194 billion, according to Forbes […]

Tesla awaits approval to launch smart driving feature in China
Tech

Tesla issues recall for 200,000 vehicles over camera glitch

Tesla has issued a recall for approximately 200,000 vehicles in the United States due to issues with the backup camera failing to display images when the vehicle is in reverse gear. The recall affects specific Model Y, S, and X vehicles from the 2023 model year. These models are equipped with the “Full Self-Driving” computer […]

AI will be smarter by humans next year – Elon Musk
News Tech

Elon Musk denies alleged illegal drug use

Following a report in the Wall Street Journal detailing Elon Musk’s drug use, the CEO of Tesla and founder of SpaceX denied using illegal drugs on Sunday, saying that “not even trace quantities” of drugs or alcohol were found in his body over three years of random drug tests. The billionaire has “never failed a […]

Tesla partners Baidu to enhance self-driving system
News Tech

Tesla records most accident rate – Report

A new study of auto accidents and incidents which used insurance data to determine which car brands have the worst drivers has discovered that Tesla drivers have the highest accident rates. The study used QuoteWizard by LendingTree insurance quote data to determine the car with the most accidents. It revealed Tesla drivers had the highest […]

Tesla unveils $60,990 entry level cybertruck
Business

Tesla unveils $60,990 entry level cybertruck

Billionaire Elon Musk’s least expensive Cyber Truck, which is made by Tesla, would cost at least $60,990. According to Bloomberg, this comes after Tesla Inc., the maker of electric cars, triumphed over a two-year ordeal marked by production setbacks and delays to formally introduce to consumers the first Cybertrucks inspired by Blade Runner. It has […]