Tesla News Updates

Business, Technology

Tesla to Cut More Than 6,000 Jobs in Texas, California

Tesla Inc. plans to cut more than 6,000 jobs across Texas and California as part of CEO Elon Musks demand to slash more than 10% of the global workforce.

April 23, 2024
Business, Technology, Autonomous

Tesla Cuts the Price of Its Full Self Driving System

NEW YORK Tesla knocked roughly a third off the price of its Full Self Driving system which cant drive itself to $8,000 from $12,000, according to the company website.

April 22, 2024
Government, Business, Technology, Safety

Tesla Recalls 3,900 Cybertrucks to Repair Faulty Pedals

Tesla Inc. recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that can dislodge and cause the vehicle to unintentionally accelerate, increasing risk of a crash.

April 19, 2024
Business

Tesla Wants Shareholders to Reinstate $55B Package for Musk

AUSTIN, Texas Tesla will ask shareholders to reinstate a $55 billion compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year.

April 17, 2024
Business, Technology

Tesla to Cut Over 10% of Workforce in Global Retrenchment

Tesla Inc. will slash global head count by more than 10%, Elon Musk wrote in an email to staff, as the carmaker grapples with a slowdown in electric vehicle demand.

April 15, 2024
Government, Business, Technology, Safety

Tesla Settles Suit Over Death in Crash Involving Autopilot

SANTA CLARA, Calif. Tesla has settled a lawsuit brought by the family of a Silicon Valley engineer who died in a crash while relying on the companys semi-autonomous driving software.

April 9, 2024
Business, Technology, Autonomous

Tesla Shares Jump as Investors Buy Into Musks Robotaxi Hype

When Elon Musk announced late April 5 that hell unveil a Tesla Inc. robotaxi in August, it was a clear attempt to arrest a spiral for the once high-flying carmaker.

April 8, 2024
Business, Technology, Autonomous

Musk Says Tesla Will Unveil Robotaxi in August

Tesla Inc. plans to unveil its long-promised robotaxi later this year as the electric carmaker struggles with weak sales and competition from low-cost Chinese EVs.

April 5, 2024
Business, Technology, Equipment

Tesla Sales Fall Way Short of Estimates

Tesla Inc. suffered its first year-over-year sales drop since the early days of the COVID pandemic.

April 2, 2024
Business, Technology, Equipment

Tesla Rethinks the Assembly Line

Tesla Inc. has a plan to fend off cheaper competition from China with a $25,000 electric car. But first it has to overhaul a 100-year-old manufacturing process pioneered by Henry Ford.

March 28, 2024