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Tesla Unveils Robotaxi Cybercab, But Stock Down
Shares of Tesla Inc. were losing more than 8 percent in the early morning trading on the Nasdaq on Friday following the electric vehicle maker's long-awaited robotaxi event, which showcased Cybercab self-driving concept car. The event perhaps failed to impress investors and Wall Street analysts.
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5 dagar sedan
NTSB Probes Tesla Semi Truck Crash And Fire
The National Transportation Safety Board or NTSB has opened an investigation into the recent crash and fire of a Tesla Inc. Semi truck in California. In the incident, the Tesla Semi ran off the road on Interstate 80 near Emigrant Gap, California in the early morning Monday. Though no one was injured in the accident, the vehicle's battery subsequently caught fire and the freeway in both directions.
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55 dagar sedan
EU To Impose Countervailing Duty Of 9% On Tesla's China-made BEVs
The European Commission is disclosed its draft decision to impose countervailing duties of up to 36.3 percent on imports of battery electric vehicles (BEVs) from China. The Commission said the unfair subsidization is causing a threat of economic injury to BEV producers in the European Union.
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57 dagar sedan
Tesla Stock Drops 8% On News Of Robotaxi Delay
Tesla, Inc. shares were hit on Thursday's trading following a Bloomberg report that the luxury electric vehicle maker has delayed the unveiling of its robotaxi service to October. The company had previously planned its launch on August 8. Tesla shares, which were gaining recently on the expected unveiling as well as a better-than-expected second-quarter deliveries, lost 8.4 percent on regular...
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97 dagar sedan
Tesla Stockholders Approve Elon Musk's $56 Bln Pay Package, Moving To Texas
Elon Musk, the founder and CEO of Tesla Inc., turned victorious after shareholders approved two major resolutions during Thursday's annual general meeting, including his $56 billion pay package, which was voided by a Delaware judge earlier this year. The luxury electric car maker's shareholders also approved a resolution to move its incorporation to Texas, the base of its largest U.S. factory.
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124 dagar sedan
Tesla Set To Raise Price Of Model 3 In EU From July
Luxury EV maker Tesla is getting ready to increase the price of its Model 3 electric vehicle that are made in China and exported to the European Union from next month, according to a notice displayed on Thursday on Tesla's website for some of the EU block countries, including Germany, France, Ireland, Belgium and Hungary.
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125 dagar sedan
Tesla Stock Up As Elon Musk Says Stockholders Set To Approve $56 Bln Pay Package
Tesla Inc. shares were gaining around 8 percent in the pre-market activity on the Nasdaq on Thursday after its founder and CEO Elon Musk on late Wednesday said the shareholders are set to approve two Board resolutions, including his $56 billion pay package. The luxury electric car maker's shareholders have been voting on Musk's pay package as well as a resolution to move its incorporation to Texas
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125 dagar sedan
EU To Impose Countervailing Duties Of Up To 38.1% On Chinese BEVs
The European Commission is set to impose countervailing duties of up to 38.1 percent on imports of battery electric vehicles (BEVs) from China. The Commission has provisionally concluded that the BEV value chain in China benefits from unfair subsidization as part of its ongoing investigation.
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126 dagar sedan
Elon Musk Threatens To Ban Apple Devices Over OpenAI Deal
Elon Musk, the founder and CEO of Tesla and SpaceX, among others, said he would ban Apple devices from his companies if the tech major incorporates OpenAI technology into its operating system. Musk, in a series of posts on his social media platform X, was responding to Apple's partnership with OpenAI, the developer of generative chatbot ChatGPT...
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127 dagar sedan
Tesla Recalls Over 125K Vehicles For Seat Belt Warning Issue
Tesla Inc. (TSLA) is recalling 125,227 cars in the U.S. due to a software and sensor issue that prevents the seat belt warning system from activating, which may potentially increase the risk of injury in a collision, according to a statement by the National Highway Traffic Safety Administration (NHTSA) on Friday.
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138 dagar sedan
