Tesla Motors Inc

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

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

Elon Musk pushes plan for China data to power Tesla's FSD ambitions

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

Tesla lays off more than 10% of global workforce amid dwindling sales

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

Govt's big bet on Musk's Tesla 'gigafactories' in India might just work

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

Tesla ordered to pay $1.5 mn over alleged hazardous waste violations

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

Tesla buys land for Shanghai battery factory, to make 10K units anually

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

Can Tesla sell a Rs 20-lakh electric car produced in Indian giga-factory?

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

Tesla goes for stock split so it can pay a stock dividend, shares gain

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.

US investigates 416,000 Tesla vehicles over unexpected braking reports

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

India wants Tesla to buy $500-mn local auto parts for tax break: Report

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

Tesla to recall nearly 580,000 vehicles in US due to 'Boombox' function

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 not working on its $25K electric car right now: Musk

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'

Elon Musk's Tesla to set up electric car manufacturing unit in Karnataka

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

Tesla accuses rival Chinese billionaire's engineer of stealing tech secrets

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

Tesla's hiring event flooded with engineers in Mexico

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

The cost of a Tesla is about to rocket in one of its hottest markets

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

Shanghai emerging frontrunner for Tesla's China production: Bloomberg

In an investment that could be worth about $9 billion