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Tag: Tesla

Tesla’s profits crash as sales slump, trade tensions loom
Business

US court orders Tesla to pay $329m over autopilot death

A United States jury has ruled that Tesla Inc. is partially liable for a fatal 2019 crash involving its Enhanced Autopilot system, ordering the electric vehicle manufacturer to pay $329 million in damages to the family of the deceased and an injured survivor. The verdict, delivered in the Southern District of Florida, marks a significant […]

Tesla to launch human-driven ride service
News

Tesla to launch human-driven ride service

Tesla is set to roll out a human-driven chauffeur-style ride service in the San Francisco Bay Area, not a robotaxi service, a California state regulator clarified Friday, pushing back on earlier media reports. According to a spokesperson from the California Public Utilities Commission, the electric vehicle company lacks the necessary permits to operate autonomous vehicles […]

Grieving widow sues Tesla over defective car model
Tech

Tesla struggles in Europe as cheaper Chinese EVs gain ground

Tesla’s new car sales in Europe declined for the fifth consecutive month in May, as more consumers opted for lower-cost Chinese electric vehicles, according to data from the European Automobile Manufacturers Association. The report, released Wednesday, showed Tesla delivered 13,863 vehicles across the EU, the UK, and the European Free Trade Association—marking a 27.9% drop […]

Tesla sets up shop in Morocco for African expansion
Tech

Tesla’s robotaxi trial faces new regulatory hurdle

Texas Governor Greg Abbott has signed a new law requiring permits for operating self-driving vehicles, just ahead of Tesla’s planned robotaxi trial in Austin on Sunday. Although the law doesn’t take effect until September 1, its approval signals bipartisan concern about the rapid rollout of autonomous technology, according to Reuters. Tesla and Governor Abbott’s office […]

Tesla sets up shop in Morocco for African expansion
News

Tesla sets up shop in Morocco for African expansion

After months of high-profile political engagement in the U.S., Tesla CEO Elon Musk is shifting gears, refocusing attention on his business ventures. In a strategic move signaling renewed corporate priorities, Tesla has opened its first office in Africa, setting up operations in Casablanca, Morocco, with an initial investment of $2.75 million. This marks Tesla’s first […]

Tesla’s profits crash as sales slump, trade tensions loom
News

Tesla’s profits crash as sales slump, trade tensions loom

Tesla is facing one of its most financially precarious moments in years, as sluggish sales and mounting global trade tensions cast a shadow over the electric vehicle giant’s once-dominant market position. According to quarterly financial results released Tuesday, the company reported $409 million in net income on $19.3 billion in revenue. Despite delivering nearly 337,000 […]

Grieving widow sues Tesla over defective car model
Business

Tesla delays US launch of affordable, lower-cost model – Report 

Tesla’s plans for an affordable electric vehicle—a stripped-down version of its best-selling Model Y SUV—have encountered delays, according to Reuters. Originally slated for production in the first half of 2025, the launch has now been postponed to the third quarter of 2025 or early 2026, according to sources familiar with the matter. Tesla has pledged […]

Tesla whistleblower wins legal fight against Elon Musk
News

Tesla whistleblower wins legal fight against Elon Musk

A former Tesla engineer has won a major legal victory in her years-long battle against the electric carmaker and its CEO, Elon Musk. Cristina Balan, who was fired by Tesla in 2014 after raising concerns about vehicle safety, has successfully overturned a lower court decision that had blocked her defamation lawsuit from moving forward. The […]

Tesla awaits approval to launch smart driving feature in China
News

Tesla awaits approval to launch smart driving feature in China

Tesla announced on Monday that it will roll out its Full Self-Driving assistance feature in China once regulatory approvals are complete. The update comes after complaints that a limited-time free trial of the service had been temporarily paused. “All parties are actively advancing the relevant process, and we will push it to you as soon […]

Tesla recalls nearly all cybertrucks over safety concern
News

Tesla recalls nearly all cybertrucks over safety concern

Tesla has announced a recall of 46,096 Cybertruck vehicles in the United States to fix an exterior panel that could detach while driving. The recall affects nearly all Cybertrucks produced up to February and adds to a series of call-backs for the electric pickup truck since its launch last year. Although Tesla does not disclose […]

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