Its unclear whether the output cut will extend to the second half of the year or to the Model 3, and if Tesla’s plants in …
Tag: Tesla
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Meanwhile, Tesla shares were down 3.5% on Thursday, falling about 30% this year, slowing growth in EV demand.
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INDUSTRY NEWSLatest News
Tesla abandons 20 million vehicle delivery target, shifts focus to robotaxis
Tesla drops delivery goal of 20 million vehicles a year from the latest impact report published on Thursday – a telling sign that the company …
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Meanwhile, Tesla has commenced construction of a $200 million factory in Shanghai’s Lingang to manufacture Megapack energy storage batteries.
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Pepsi stated that it is partly funding the expansion with a grant provided by the California Air Resources Board.
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INDUSTRY NEWSLatest News
US auto safety regulator closes probe into Tesla Model X seat belt issue
by Biplab Dasby Biplab DasThe probe, which scrutinised front seat belt failures, was closed after Tesla implemented a recall to address the issue.
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Tesla is addressing widespread service, repair and ordering complaints of fleet managers and leasing firms who alleged it ignored their problems.
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A top Chinese auto association said that both Tesla’s Model 3 and Model Y cars meet data-security regulations.
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The recall investigation is concerned with Model Y, X, S, 3 and Cybertruck vehicles in the U.S., equipped with Autopilot manufactured between the 2012 and …
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INDUSTRY NEWSLatest News
Former Tesla executive sells USD 181.5 mn worth of shares
by Biplab Dasby Biplab DasThis significant sell-off comes in the wake of Baglino’s resignation from his senior leadership position at Tesla.