Tag: Tesla

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Tesla reports record quarterly earnings despite global supply chain meltdown

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Tesla saw its biggest quarterly net earnings in history, the company said on Wednesday, propelled by record electric vehicle sales last summer, amid a shortage of computer chips and other materials. The company made $...

Elon Musk’s Tesla lobbied UK to raise tax on petrol and diesel

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Elon Musk’s Tesla lobbied the UK government to raise taxes on petrol and diesel cars in order to fund bigger subsidies for electric vehicles, alongside a ban on hybrids. The US electric car pioneer called for a rise i...

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,...

Tesla share price plunge knocks $267bn off market value

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Decline wipes billions off Elon Musk’s fortune as investors fear firm is vastly overvaluedA sharp decline in Tesla’s share price has wiped more than $250bn (£193bn) off the value of the electric car company, and dragg...

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 recalls half a million cars in US over rearview camera and trunk defects

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Tesla has recalled close to half a million vehicles in the US to fix rearview camera and trunk issues that the regulators said could increase the risk of crashes. The electric vehicle manufacturer is recalling 356,309...

Tesla crash: investigators ‘100% sure’ no one driving car in fatal Texas incident

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Federal safety regulators have sent a team to investigate the fatal crash of a Tesla electric car in a Houston suburb in which no one was behind the wheel. The National Highway Traffic Safety Administration (NHTSA) sa...

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...

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 ordered to pay $137m to Black former employee for racial abuse

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Tesla has been ordered by a federal court in California to pay almost $137m in damages to a Black former employee who said he endured racial abuse while working at a factory in Fremont. Owen Diaz, a former contracted ...

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...

Tesla reports record quarterly profit as electric car sales boom

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Tesla announced a record quarterly profit on Monday as sales of its electric vehicles boomed in the first three months of year. The world’s most valuable car company recorded a profit of $438m on revenues of $10.39bn...

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...

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...

Tesla opens Superchargers to other electric cars for first time

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Tesla is opening its charging network to other electric cars for the first time with a pilot programme in the Netherlands, as the world’s most valuable carmaker looks to bring electric vehicles into the mainstream. Th...

Tesla, bowing to pressure, stops allowing drivers to play video games while driving

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Under pressure from US auto safety regulators, Tesla has agreed to stop allowing video games to be played on center touch screens while its vehicles are moving. The National Highway Traffic Safety Administration says ...

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