Huang, in an interview, admitted that Tesla was indeed a leader in the market segment of self-driving cars.

Meanwhile, Tesla shares were down 3.5% on Thursday, falling about 30% this year, slowing growth in EV demand.

Meanwhile, Tesla has commenced construction of a $200 million factory in Shanghai’s Lingang to manufacture Megapack energy storage batteries.

Elon Musk is yet to communicate its India plans for Tesla to the Centre under the new EV policy

IF Metall grants temporary exemption for Tesla car repairs to ease pressure on private customers

Tesla implements limited-time price reductions for select model Y variants in response to market dynamics

Tesla initiates internal review of employee roles, fueling speculation of layoffs as CEO Elon Musk warns of slowing sales growth.

Tesla, led by Elon Musk, experienced a 4% decline in shares to USD 180.46, reaching its lowest point since May 2023.

The ruling, which could be appealed, dismantles the largest compensation plan in corporate America, raising questions about Tesla’s governance.

Musk’s concerns stem from Tesla’s challenges in a price war it initiated to attract consumers amid high borrowing costs.