Tesla Motors Inc

Analysts expect Tesla to sell 2.1 million cars this year, up about 16 per cent, according to 20 analysts polled by LSEG, after its deliveries last year fell marginally, due to an aging model lineup

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

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

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

Tesla's efforts underscore the speed of the electric vehicle maker's pivot to bet on a breakthrough in AI at a time when EV demand has slowed and its competition has deepened

Musk last announced a round of job cuts in 2022, after telling executives he had a "super bad feeling" about the economy

On March 15, the government announced a new scheme to promote investment in EVs

A California judge on Friday ordered Tesla Inc. to pay USD 1.5 million as part of a settlement of a civil case alleging the company mishandled hazardous waste at its car service centers, energy centers and a factory, multiple county district attorneys announced. The complaint filed in San Joaquin County alleged illegal disposal of hazardous waste and violation of laws involving storage and management of the waste, according to statements from several of 25 district attorneys offices in California involved in the case. Tesla did not immediately respond to an Associated Press email seeking comment. The district attorneys' statements said Tesla cooperated with the investigation and acted to improve compliance with laws that were brought to its attention by the prosecutors. Electric vehicles play a role in environmental betterment, yet it's imperative to recognize that their production and maintenance yield detrimental waste," said San Joaquin County District Attorney Ron Freitas. Tesl

The Shanghai location is Tesla's second dedicated Megapack factory, following the Lathrop plant in California. Its EV facility in Nevada can also make the Megapack

Tesla Founder Elon Musk's ambition to build a high-volume affordable car is not new

The proposal has been approved by its board and the shareholders will vote on it at the annual meeting. The stock split, if approved, would be the latest after a five-for-one split in August 2020.

The government says it has 354 complaints from owners during the past nine months about phantom braking" in Tesla Models 3 and Y

While it could start at a lower base, Tesla would need to agree to ramp up Indian parts purchases by around 10% to 15% a year until a satisfactory level was achieved, says a source

The recall is the fourth made public in the last two weeks as US safety regulators increase scrutiny of the nation's largest electric vehicle maker

Tesla CEO Elon Musk has confirmed that its electric vehicle company is not working on its previously announced $25,000 electric car right now because it has 'too much on its plate'

The electric carmaker in January incorporated Tesla Motors India and Energy Private Limited with its registered office in Bengaluru

The accusations came eight months after one of Apple Inc.'s ex-employees was charged with trying to take sensitive robocar secrets to a new job with XPeng

Move comes in the wake of Donald Trump reviewing immigration rules for foreign workers

The loophole encouraged wealthy drivers to make Hong Kong one of Tesla's top markets

In an investment that could be worth about $9 billion