Tesla Motors

Tesla seeks first approval to offer robotaxi service in California

esla would need additional permits from the California DMV and CPUC in order to operate the service without safety drivers in the vehicles, or to charge customers

Updated On: 28 Feb 2025 | 10:07 AM IST

Tesla robotaxis by June? Musk turns to Texas for hands-off regulation

Such comments often leave investors guessing what Tesla will actually deliver, and when, said Brian Mulberry, client portfolio manager at Zacks Investment Management, a Tesla investor

Updated On: 10 Feb 2025 | 11:20 PM IST

Tesla registrations drop 63% in France amid rising competition in EU

Tesla's sales plummeted 41% last year in Germany, while overall battery-electric vehicle sales declined 27%. The Federal Motor Transport Authority is scheduled to report January results on Wednesday

Updated On: 03 Feb 2025 | 7:56 PM IST

Tesla gears up for 2025: Low-cost EVs, autonomous cars to hit US roads

Electric automaker Tesla is set to roll out affordable EVs and launch a paid autonomous car service in 2025, focusing on cost cuts and innovation despite a dip in vehicle deliveries last year

Updated On: 30 Jan 2025 | 10:04 AM IST

Tesla records 1.1% sales drop for 2024, first annual decline in 9 years

Tesla's global sales rose 2.3 per cent in the fourth quarter after a sluggish start to the year that contributed the electric car company's first year-over-year sales decline since at least 2015. The annual decline for the Austin, Texas, company came despite offers such as 0 per cent financing, free charging and low-priced leases. Tesla delivered 495,570 vehicles from October through December, boosting deliveries to 1.79 million for the full year. But that was 1.1 per cent below 2023 sales of 1.81 million as overall demand for electric vehicles in the US and elsewhere slowed. The fourth-quarter boost came with a cost. Analysts polled by FactSet expected Tesla's average sales price to fall to just over USD 41,000 in the quarter, the lowest in at least four years. That doesn't bode well for Tesla's fourth-quarter earnings, which the company said it would announce on January 29. In 2022, Tesla predicted that its sales would grow 50 per cent most years, but the prediction ran into an

Updated On: 02 Jan 2025 | 9:52 PM IST

China's BYD chalks up new record as it narrows EV sales gap with Tesla

On BYD's December data, it will fall just shy of surpassing Tesla in annual sales

Updated On: 02 Jan 2025 | 9:28 AM IST

JPMorgan agrees to drop lawsuit against Tesla over stock warrants

The move to drop the lawsuit was announced in a one-page court filing by both companies in a Manhattan court

Updated On: 30 Nov 2024 | 1:24 PM IST

Elon Musk unveils robotaxi, seen as key to Tesla's long-term growth

Eyes will also be on progress the company has made with the partial automation software it markets as Full Self-Driving that company watchers expect to underpin its robotaxis

Updated On: 11 Oct 2024 | 8:44 PM IST

Tesla's China-made EV sales grow 19.2% in Sept, sells over 72K vehicles

Tesla sold more than 72,000 EVs in China's domestic market, up 66 per cent year-on-year, its best month this year, according to a company statement on Thursday

Updated On: 10 Oct 2024 | 11:59 AM IST

MG Motor plans to build manufacturing plant, R&D centre in Mexico

It did not mention the United States, but added that sister brand IM, a luxury electric-vehicle line, also plans to enter the Mexican market

Updated On: 08 Aug 2024 | 12:07 PM IST

Tesla recalls over 1.8 mn vehicles in US due to software failure risk

The recall applies to certain 2021-2024 Model 3, Model S, Model X, and 2020-2024 Model Y vehicles, the regulator said

Updated On: 30 Jul 2024 | 4:32 PM IST

'Tesla's loss, not India's': Ola CEO Bhavish Aggarwal on Tesla's pullback

Elon Musk's Tesla has not responded to inquiries from officials in New Delhi and is no longer expected to invest in India

Updated On: 05 Jul 2024 | 3:39 PM IST

China's BYD posts 21% rise in quarterly EV sales, closes gap with Tesla

Sales of new energy vehicles including EVs and plug-in hybrids in China made up 46.7 per cent of total car sales in May

Updated On: 02 Jul 2024 | 12:43 PM IST

Supercar maker Ferrari's first electric car to cost over $500,000

The Italian brand, famed for its roaring petrol engines, has said it will launch an electric car late next year, and the planned price shows its confidence that ultra-wealthy drivers are ready for it

Updated On: 19 Jun 2024 | 11:29 AM IST

Musk wins Tesla shareholders' approval for $56 billion pay package

The approval underscores the support that Musk enjoys from Tesla's retail investor base, many of whom are vocal fans of the mercurial billionaire

Updated On: 14 Jun 2024 | 11:04 PM IST

Tesla CEO Musk's pay package gets nod from 77% of votes at investor meet

In 2018, 73% of Tesla investors had voted in favor of the same pay package, which was voided by a Delaware judge this year

Updated On: 14 Jun 2024 | 4:15 PM IST

Tesla investor sues to challenge proxy on Texas move, Musk's pay package

Donald Ball, who owns more than 28,000 Tesla shares, argues the company is violating its corporate charter

Updated On: 07 Jun 2024 | 7:57 AM IST

Musk's Tesla makes push to roll out advanced FSD self-driving in China

Tesla currently offers owners of its vehicles access to FSD for a one-time $8,828.32 fee

Updated On: 30 May 2024 | 10:29 PM IST

Tesla's $56 bn pay package for Elon Musk opposed by Calpers CEO Frost

Musk criticized Frost's remarks, saying in a post on his social media platform X that the pension fund 'is breaking their word'

Updated On: 29 May 2024 | 10:23 PM IST

Tesla's plan for affordable cars follows playbook of its Detroit rivals

Tesla said the change would allow the company to launch low-cost vehicles swiftly but would result in smaller cost reduction than had been expected and modest volume growth

Updated On: 26 Apr 2024 | 10:07 AM IST