Tesla Stories
EU Plans 36% Tariff On Chinese EVs, Lower For Tesla
The European Commission said Tuesday it plans to slap five-year import duties of up to 36 percent on Chinese electric cars, unless Beijing can offer an alternative solution to the damaging trade row over state subsidies.
Trump Offers Elon Musk A Role In Administration If He Wins, But Plans To Cut EV Tax Credits
Trump said he might eliminate the $7,500 tax credit currently available for certain electric vehicles (EVs), a move that could impact Tesla's business.
UAW Files Labor Charges Against Trump, Musk Over Alleged Worker Intimidation
The charges were filed on Tuesday with the National Labor Relations Board (NLRB), following a controversial exchange between Trump and Musk.
Sen. Warren Questions Tesla Board On Musk's Potential Conflicts Of Interest
Among the concerns Warren outlined in her letter are Musk's establishment of xAI, an artificial intelligence startup, and threats he made to work on AI outside Tesla unless he was granted greater voting control, among other issues.
Nvidia CEO Jensen Huang Sold $323M In Shares Before Global Stock Rout
The transactions were part of a pre-determined trading plan that Huang filed in March, which proved to be well-timed.
Tesla Shares Drop Amid Falling Profits And Delayed Robotaxi Launch
This latest financial release fell short of Wall Street's profit expectations, contributing to a broader narrative of challenges faced by the electric vehicle (EV) giant.
Elon Musk Proposes $5B Tesla Investment In xAI Via Informal Poll On Social Media
Musk shared the poll following Tesla's second-quarter earnings call.
Tesla Car Registrations In California Fall For Third Consecutive Quarter
The low sales is another indicator of the growing issues that the company has been facing, such as stiff competition and high interest rates.
Elon Musk Reportedly Pledges $45M Per Month To Pro-Trump Super PAC
Musk's endorsement of Trump marks a shift from his earlier commitment to remain uninvolved in the 2024 presidential race.
Tesla Investors Seek Relief From 'Outlandish' $7.2B Legal Fees In Musk Pay Deal
Tesla investors are seeking relief from the $7 billion in legal fees requested by group who blocked Elon Musk's pay package.
Chinese Government Officially Welcomes Tesla; Musk's Car Now Included In Purchase List
The inclusion of Tesla on the list means that government agencies and public groups can purchase the cars and use them as service vehicles.
Tesla To Faces A Drop In Deliveries For Second Straight Quarter
Tesla is set to face another decline in deliveries as it ends the month of June with poor performance.
Tesla Shareholders Back Huge Payout For CEO Musk, Company Says
Legal experts say that Thursday's vote does not automatically mean Musk will receive the payout, but that the win could strengthen Tesla's appeal of the Delaware ruling. Tesla shares rose 0.7 percent in after-hours trading.
Tesla-Baidu Deal Brings Giant Closer To Launching Full-Self Driving Technology In China
The deal between Tesla and Baidu brings Elon Musk's company closer to rolling out full FSD in China.
Tesla CEO Elon Musk To Leave If $56 Billion Pay Package Not Approved
This will be the second vote by shareholders on the CEO's pay, after a Delaware judge nullified the first vote earlier this year.
Elon Musk Ordered Nvidia To Redirect Thousands Of AI Chips: Report
Musk has claimed that he will be able to make Tesla into an AI & robotics leader, and that this will require thousands of processors from NVIDIA in order for the required infrastructure to be built.
Trump Eyes Tesla CEO Elon Musk For Advisory Role Upon Re-election: Report
Musk, who met with Trump in March, reportedly maintains regular contact with the former president, discussing topics ranging from technology to immigration.
Musk Says Tesla Charger Network Will Grow, Days After Layoffs
Tesla boss Elon Musk said Friday the electric vehicle manufacturer would invest over $500 million this year to install new superchargers, just days after a report of massive layoffs in this branch of the company.
Tesla To Cut Hundreds More Jobs In Musk Cost Push: Report
Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a US media report.
Tesla CEO Musk Meets China's Number Two Official In Beijing
Tech billionaire and Tesla CEO Elon Musk met in Beijing on Sunday with China's number two official, Premier Li Qiang, who promised the country would "always" be open to foreign firms.
Elon Musk Heads To China For A Visit To Tesla's Second-Largest Market
Musk aims to meet senior Chinese officials in Beijing to discuss the deployment of Full-Self Driving (FSD) software in China.
Amid Job Cuts, Declining Sales And Postponed Trips, Tesla Slashes Prices Globally
Tesla has initiated price cuts across its vehicle lineup globally in response to declining sales, following its recent announcement of a decrease in global vehicle deliveries for the first time in nearly four years during the first quarter.
Tesla To Recall Cybertruck Over Acceleration Defect
Tesla is recalling 3,878 Cybertruck vehicles because of a defect that can cause unintentional vehicle acceleration, increasing crash risk, according to a US notice posted this week.
Tesla Asks Shareholders To Reapprove Huge Musk Pay Deal
Tesla will ask its shareholders in June to ratify a multi-billion-dollar 2018 pay package for CEO Elon Musk that was squashed by a US court earlier this year.
Tesla To Cut 14,000 Jobs Worldwide Amid Declining Sales And Increased Competition
Electric vehicle manufacturer Tesla is implementing significant workforce reductions, amounting to over 10% of its global staff, or at least 14,000 roles, amid declining sales and intensified competition in the electric vehicle market.
Tesla Settles Wrongful Death Lawsuit From Fatal Crash
Tesla has settled with the family of an engineer killed when his Model X crashed in Silicon Valley six years ago, avoiding a trial, according to court filings Monday.
Tesla's Stock Hits Low Amid Sales Decline
Tesla's disappointing first-quarter sales figures lead to a 7% drop in shares, marking its first year-over-year decline since the pandemic began.
Tesla Q1 Auto Deliveries Fall 8.5 Pct, Shares Drop Sharply
Tesla reported an 8.5 percent drop in first-quarter auto deliveries, missing estimates from leading analysts and weighing on shares.
China Could Turn From An Asset To A Liability For Tesla
Today, the EV pioneer has made some gains in the Chinese market, but it is facing enormous pressure from scores of domestic EV makers. They threaten to turn the company's foray into the Chinese market from an asset to a liability.
AI Titan Nvidia Ramps Up Collaboration With Chinese Auto Giants
The move deepens Nvidia's connections with the Chinese EV industry even as it is separately prohibited by the United States from exporting its most powerful AI hardware to China.