Elon Musk's ambitious plans to launch a Tesla robotaxi service have hit a roadblock in California, as the state's key regulatory agencies reveal that the company has yet to submit the necessary permit applications.
Tesla board calls June 13 shareholder vote on Musk's pay and move to Texas.
Tesla has ended discounts on inventory across its electric vehicle lineup — even as sales for EVs have flagged — as part of a larger and vague plan by CEO Elon Musk to “streamline the whole Tesla sales and delivery system.” “It has become complex and inefficient,” Musk wrote in a post on X, the […] © 2024 TechCrunch. All rights reserved. For personal use only.
Tesla customers claim they already paid for their Cybertrucks, with no delivery. Some were told that the problem involves the parts for the truck's accelerator. 'We do not have a clear direction just yet' a Tesla rep told an impatient customer. READ MORE:
Reuters reported Tesla scrapped its Robotaxi plan. Elon Musk tweeted otherwise. We'll see come August.
A strike by Tesla mechanics in Sweden, among the country's longest labour disputes, continues to disrupt operations, a union said on Wednesday, and is drawing scrutiny from investors despite Elon Musk saying the storm is over. For months Tesla has been under pressure in the Nordics, with sympathy actions since October backing Swedish IF Metall's mechanics' demand for a collective agreement. Postal workers, garbage collectors, repair centres, port workers, electricians, and cleaners are among...
Tesla stock is priced for a mainstream, autonomous future, but the company faces strategic uncertainty, leadership troubles, and hardening competition.
Tesla announced global workforce reductions of "more than 10%" in an internal email Monday to staff from CEO Elon Musk, according to electric-vehicles.com, a specialist outlet, in a report later covered by Reuters.Newsweek has not seen the original email and was unable to verify its content. Tesla did not respond to a request for comment.The ContextThe reported layoffs come amid a tough start to the year for Elon Musk and his electric-vehicle company. Quarterly results released at the beginning...
Elon Musk revealed Friday that Tesla will pull back the curtain on a robotaxi this summer, news that comes as the adoption of self-driving vehicles hits speed bumps over safety concerns.The billionaire boss of the electric car maker did not provide details, saying only in his post on X that the Tesla Robotaxi unveil will come on August 8.Tesla shares rose more than three percent in after-market trades following the post, after finishing the day down.Musk has long boasted of work Tesla is doing...
The deal, if approved by shareholders and judges, would be the largest in corporate America.
The EV company keeps pushing its “next phase of growth” message, but it’s getting harder to look past a slump in vehicle sales and its unexciting lineup.
With early glitches plaguing Tesla Cybertruck, questions are mounting over rushed production. After floating around the rumour mill for over two years, the Cybertruck was finally announced in November last year.Sporting a unique triangular body design, the Cybertruck was first introduced as a concept vehicle in November 2019. Tesla's battery electric medium-duty full-size pickup truck has been making headlines for the wrong reasons lately.Tesla Owners' Club forum is teeming with tales of the...