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Business

Tesla gets green light to expand German plant after revision to plans

Approval to expand its first European plant was given after Tesla revised its original proposals following anger at the proposed felling of more than 100 hectares of trees.

Markets

Tesla's stock surges on optimism for Musk's affordable car line-up

Tesla's shares surged by more than 10% despite a miss on the first-quarter earnings estimates as CEO Elon Musk signalled that the cheaper version of electric vehicles (EV) would arrive earlier than expected.

Markets

Tesla: What opportunities will Q1 earnings provide for its shares?

Tesla's shares have seen a fall of nearly 30% in the first quarter because of growth bottlenecks. As analysts revise down estimates of Q1 earnings, an upside surprise may present a chance to rebound. Conversely, a miss on the expectation may exacerbate the downward pressure.

Business

Tesla cuts cost of electric vehicles globally, including in Europe

Shortly after announcing thousands of jobs are to go, Tesla reveals it is cutting the price of its electric vehicles around the world, including in Europe.

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Mobility

Tesla recalls nearly 4,000 Cybertrucks due to accelerator pedal fault

Tesla has recalled nearly 4,000 of its 2024 Cybertrucks after a fault was discovered with the accelerator pedal.

Business

Tesla cuts 10% of its workforce in global efficiency drive

Tesla's drastic layoffs may be a response to changes needed in the wake of the disappointing last quarterly delivery report.

Business

Europe's Tesla fans fear brakes put on plans for cheaper electric car

European Tesla enthusiasts may have to resign themselves to paying for the company's existing models, as more rumours emerge of the company abandoning its plans for a cheaper electric vehicle.

Mobility

Tesla settles lawsuit over man's death in crash involving Autopilot

The family of a Silicon Valley engineer filed a wrongful death lawsuit after a Tesla crash occurred in California in 2018.

Tech News

Brazilian judge investigates Elon Musk over disinformation

Alexandre de Moraes, a judge from the Brazilian Supreme Court included Elon Musk in an ongoing investigation over the dissemination of fake news.

Business

Potential Tesla buyers steer clear as Musk's reputation plunges

Elon Musk's increasingly controversial reputation has led to a steep drop in the number of customers considering buying a Tesla.

Mobility

Chinese electronics maker Xiaomi launches 'connected' smart EV

Xiaomi is a well-known maker of smart consumer electronics in China, with its new EV boasting lots of new smart features.

Tech News

What were the key takeaways from Elon Musk's interview with Don Lemon?

The interview has set social media abuzz. Here are some of the most important things we learned from Elon Musk's interaction with Don Lemon.

Germany

Musk criticises 'eco-terrorists' as fire breaks out in Tesla factory

An environmental group has published an open letter online claiming responsibility for a fire in a Tesla factory on Tuesday, which has since halted production.

Business

Tesla shares plunge after disappointing car sales in China

Tesla shares hit as sales in China drop dramatically because of a lack of demand over the Lunar New Year.

Tech News

Apple to stop work on electric vehicles - reports

Apple will stop work on its secretive electric car project, according to multiple reports.

Mobility

China’s BYD unveils electric supercar that costs €215,000

Tesla rival BYD said the U9 can accelerate to 100 kilometres per hour within 2.36 seconds.

Business

Tesla recalls millions of cars over warning light glitch

Tesla has been forced to recall some 2.2 million cars in the US, because of its warning lights' font sizes not being correct.

Business

Have any of your car parts been made by forced labour?

Car makers including Tesla, General Motors, Volkswagen and Toyota are failing to ensure they are not using forced labour as part of their China supply chains, Human Rights Watch says.

Tech News

Elon Musk cannot keep Tesla pay package worth billions, judge rules

The plan called for Musk to reap billions if Tesla, which is based in Austin, Texas, hit certain market capitalisation and operational milestones.

Business

Who's overtaken Elon Musk as the world's richest person?

The change in the leaderboard is a symptom of diverging business empires and rapid movements in market performance.