Tesla is facing a new probe from U.S. auto safety regulators related to its Autopilot driver assistance technology, even as a separate investigation has been closed. Wegovy and Ozempic: Are we ready for weight loss drugs? The National Highway Traffic…
Drew Baglino is cashing out. The former senior vice president in charge of powertrain engineering at Tesla liquidated virtually his entire stake in the company—worth $181 million—days after leaving the company last week. In a regulatory disclosure, Tesla said Baglino has…
Billionaire investor and fund manager Ron Baron describes his ride in what seems to be the unreleased version of Tesla FSD. Waymo are $250,000 each. Ron was in California on Monday last week and was taken on a ride with…
A Tesla that may have been operating on the company’s Autopilot driving system hit and killed a motorcyclist near Seattle, raising questions about whether a recent recall went far enough to ensure Tesla drivers using Autopilot pay attention to the…
It’s been a surprising week for the markets. Firstly, the US tech giants did not impact the markets as a unified block with the market favouring Tesla’s results over those from Meta, which is on track to record a deep…
Elon Musk is prone to strange asides in all aspects of his life, but Tesla’s quarterly earnings call earlier this week found him in rare form: Speaking to investors, the CEO droned on about everything from alien abductions to the…
Tesla shared its first-quarter financial results with its stockholders on Tuesday and said that it has sped up the launch of new, more affordable electric cars. Tesla reported its biggest revenue decline in 12 years, with a 9% drop from…
Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles. The Austin, Texas, company said it made $1.13 billion from January through…
Elon Musk’s decision to lay off the majority of Tesla’s 500-person electric vehicle (EV) charging team, except for a few reassigned employees, has “blindsided” other carmakers who were depending on Tesla’s infrastructure for their new EVs, industry officials and analysts…
Tesla has dismissed the entire EV charging team that helped develop its vast network of charging stations across the country. Other automakers who use its charging technology are worried about the impact of this on their business, but Tesla has…