Tag: Tesla

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Tesla recalls nearly 12,000 US vehicles over software glitch

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Tesla Inc is recalling nearly 12,000 US vehicles sold since 2017 because a communication error may cause a false forward-collision warning or unexpected activation of the emergency brakes, the National Highway Traffic...

Tesla recalls 54,000 vehicles with ‘Full Self-Driving’ over ‘rolling stop’ feature

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Tesla is recalling nearly 54,000 cars and SUVs because their “Full Self-Driving” software lets them roll through stop signs. Documents posted on Tuesday by US safety regulators say Tesla will disable the feature with...

Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

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Tesla has suspended the use of bitcoin to purchase its vehicles, Elon Musk said in a tweet on Wednesday, citing concerns about the use of fossil fuel for bitcoin mining. Bitcoin, the world’s biggest digital currency,...

Elon Musk sells Tesla shares worth $6.9bn as Twitter trial looms

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Elon Musk has sold $6.9bn (£5.7bn) worth of shares in Tesla after admitting that he could need the funds if he loses a legal battle with Twitter and is forced to buy the social media platform. The Tesla CEO walked awa...

Elon Musk asks Twitter followers if he should sell 10% of Tesla stock

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Elon Musk on Saturday asked his 62.5 million followers on Twitter if he should sell 10% of his Tesla stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesl...

Tesla recalls 579,000 US cars and SUVs over ‘Boombox’ safety violations

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Tesla is recalling nearly 579,000 vehicles in the US because a “Boombox” function can play sounds over an external speaker and obscure audible warnings for pedestrians. The recall is the fourth made public in the last...

Tesla Model 3 becomes most popular battery electric car on UK roads

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The Tesla Model 3 has become the most popular battery electric car on British roads after a surge in sales, as the race to dominate the car industry’s new era heats up. The number of Model 3s on British roads overtook...

Tesla shares fall after Elon Musk’s Twitter poll backs sell-off plan

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Tesla’s Frankfurt-listed shares fell about 9% in early trading on Monday as investors prepared for the chief executive Elon Musk’s proposed sale of about a tenth of his holdings in the electric carmaker after his Twit...

Elon Musk donated $5.74bn in Tesla shares to charity last year

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Tesla’s chief executive, Elon Musk, donated a total of 5,044,000 shares in the world’s most valuable automaker to a charity from 19 November to 29 November last year, its filing with the US Securities and Exchange Com...

Thirty Tesla crashes linked to assisted driving system under investigation in US

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US safety regulators have opened 30 investigations into Tesla crashes involving 10 deaths since 2016 where an advanced driver assistance system was suspected to have been in use. The National Highway Traffic Safety Ad...

Elon Musk sells $5bn in Tesla stock days after Twitter poll

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Elon Musk has sold about $5bn in shares amounting to roughly 3% of his Tesla holdings, the billionaire reported in filings on Wednesday, just days after he polled Twitter users about selling 10% of his stake. About $4...

Forget Twitter: Elon Musk has his hands full keeping Tesla on the road

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Spare a brief thought for Elon Musk’s bankers and lawyers. One week he is posting earnest polls about freedom of speech on Twitter, and the next he is spending billions of dollars on a major stake in the social media ...

Tesla likely to start accepting bitcoin as payment again, says Elon Musk

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Tesla will most likely restart accepting bitcoin as payment once it conducts due diligence on the amount of renewable energy used to mine the currency, the founder and boss of the electric carmaker, Elon Musk, has sai...

Paris taxi firm suspends use of Tesla Model 3 cars after fatal accident

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The biggest taxi firm in Paris said it was suspending the use of Model 3 Teslas in its fleet after a fatal accident in the French capital at the weekend. A driver lost control of his Tesla on Saturday night in the sou...

Britain’s Tesla hopes for big things from ‘microfactories’

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The last year has been tricky for electric vehicle startups. After a burst of investment mania in which companies raised billions on the mere promise of battery propulsion, valuations have come back down to earth. One...

Tesla second-quarter profits top $1bn even as it struggles to handle demand

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Tesla made a profit of more than $1bn in the last three months even as it struggled to keep up with demand for electric cars in the face of a global chip shortage. The company announced Monday that it has made a profi...

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