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Tag: Tesla


Vehicles

Tesla Loses All the Gains From 35% Rally Stoked by Hertz Electric Vehicle Deal

December 20, 2021

Via: Transport Topics

Tesla Inc.’s stock went on a tear after an October deal with Hertz Global Holdings Inc. signaled broader mainstream adoption of its electric cars. But that 35% rally is gone now. Tesla slid 4.2% on Dec. 20, getting as low […]


Vehicles

Elon Musk, Autopilot Critic Sought as Witnesses in Tesla Crash Trial

November 3, 2021

Via: Transport Topics

The first trial to determine whether Tesla Inc.’s Autopilot technology led to a fatal car crash may require jurors to weigh testimony from founder Elon Musk against criticism of the driver-assistance system by Mary “Missy” Cummings, a U.S. government safety […]


Vehicles

Tesla Hits Record Profit Despite Parts Shortage

October 20, 2021

Via: Transport Topics

Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history. The company said Oct. 20 that it made $1.62 billion in the third […]


Vehicles

Tesla Shares Are Roaring Back

October 18, 2021

Via: Transport Topics

Tesla Inc. shares are staging a comeback as investors expect the Elon Musk-led electric carmaker to navigate the crippling semiconductor shortage better than rivals that have been severely disrupted. The stock gained as much as 3.8% to $875.26 on Oct. […]


Vehicles

GM Vows to Surpass Tesla in Electric Vehicle Sales

October 6, 2021

Via: Transport Topics

General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030 with an array of new electric vehicles, profitable gas-powered cars and trucks, and services such as […]


Vehicles

Tesla Expects Delivery Record, Beating Supply Chain Turmoil

October 1, 2021

Via: Transport Topics

Tesla Inc. is expected to report record deliveries of roughly 224,000 vehicles in the most recent quarter, another milestone for CEO Elon Musk and his trailblazing electric-car brand. Deliveries are one of the most closely watched metrics at Tesla: They […]


Vehicles

US Asks Tesla How Autopilot Responds to Emergency Vehicles

September 1, 2021

Via: Transport Topics

The U.S. government’s highway safety agency wants detailed information on how Tesla’s Autopilot system detects and responds to emergency vehicles parked on highways. The National Highway Traffic Safety Administration made the request in an 11-page letter dated Aug. 31 that […]


Vehicles

Tesla Hopes to Start Production at Berlin Factory in October

August 13, 2021

Via: Transport Topics

Tesla founder and CEO Elon Musk said Aug. 13 that he hopes to start producing cars at its new factory outside Berlin in October. The U.S. company originally had planned to begin manufacturing its electric cars at the “Gigafactory” in […]


Vehicles

Tesla Engineer Says Musk Overstated Tesla Autopilot Capability

May 7, 2021

Via: Transport Topics

One of Tesla Inc.’s engineers told California authorities that CEO Elon Musk overstated the capability of Autopilot, the company’s driver-assistance system, early this year. The clarification was described in a series of records the California Department of Motor Vehicles released […]


Impact & Regulations

Tesla Told to Provide Documents Involving Musk Compensation

May 4, 2021

Via: Transport Topics

A Delaware judge on May 3 ordered lawyers representing Tesla Inc. directors to turn over certain communications that CEO Elon Musk may have shared with the company’s top in-house attorneys before the board approved a compensation plan in 2018 that […]