Page 4 - Tesla

Tesla's share of US electric car market slips below 50% for first time

The numbers are the latest sign that Tesla is losing its dominance in a market it in effect created in 2012 when it introduced the Model S sedan

Hedge funds hit hard by massive Tesla rally after betting on decline

About 18% of the 500-plus hedge funds tracked by data provider Hazeltree had an overall short position on Tesla at the end of June, the highest percentage in more than a year

'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

Chinese AI firms showcase resilience at AI event despite US sanctions

More than 150 AI-related products and solutions are being exhibited at the conference, with a small number of foreign firms such as Tesla and Qualcomm joining the predominantly Chinese line-up

China's EV battery giants CATL, BYD eye stationary energy storage market

Tesla's Shanghai plant will be able to make 10,000 Megapacks a year with a combined 40 GWh of storage capacity

Tesla investment in India not anytime soon as Musk ceases contact: Report

Elon Musk's team hasn't made any further inquiries with officials in New Delhi after the billionaire postponed a visit to India in late April

Tesla's best-selling Model Y for 1st time on Chinese govt purchase list

China's eastern Jiangsu provincial government published 56 batches of new energy vehicle procurements for use as service cars by party

Tesla's quarterly deliveries beat estimates on incentives; shares rally

Shares of the world's most valuable automaker rallied more than 10% on Tuesday, hitting the highest level in nearly six months

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

China's new-age automakers live-stream to interact with potential customers

"If you're not livestreaming these days you're kind of a dinosaur," said Mark Tanner, managing director of Shanghai-based marketing firm China Skinny

Tesla seeks to delay July hearing in battle over Musk's pay package

A delay in the hearing would further hold up the judge's decision on how much to award in lawyer compensation

Elon Musk's $56 billion pay package more than Tata Motors' annual revenue

Elon Musk's pay packaged vs Indian firm revenues: Elon Musk's annual salary is more than Tata Motors' revenue but less than Reliance Industries

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

Tesla expects to hike price of China-made Model 3 in EU due to tariff hike

The message, displayed on Tesla's website for countries including Germany, France, Ireland, Belgium, and Hungary, urged prospective buyers to place their orders in June

All you need to know about Kimbal Musk, the Tesla director in cowboy hat

He owns nearly 2 million shares of Tesla, worth more than $350 million, according to the company's proxy filing and the company's share price on Wednesday

Here's a list of all major legal battles Musk and his companies are facing

Musk, who has a history of sparring with regulators, also faces government investigations into his companies that could result in more lawsuits or even criminal prosecutions

Tesla shareholder sues Musk to return billions in alleged unlawful gains

The lawsuit comes two days before a critical vote by Tesla shareholders on whether to reinstate Musk's $56 billion pay package

Future of Musk, Tesla on line this week as shareholders vote on pay package

If Tesla shareholders vote against restoring Elon Musk's USD 44.9 billion pay package Thursday, the CEO could deliver on threats to take artificial intelligence research to one of this other companies. Or he could even could walk away. If they approve the all-stock compensation package that was thrown out by a Delaware judge in January, it would almost guarantee he would remain at the company he grew to be the world leader in electric vehicles, shifting to AI and robotics including autonomous vehicles, which Musk says is Tesla's future. But even with reapproval at Thursday's annual shareholders' meeting, which many analysts say is likely, there would be uncertainty. Musk has threatened on X, his social medial platform, to develop AI elsewhere if he doesn't get a 25% stake in Tesla (He owns about 13% now). Musk's xAI recently received $6 billion in funding to develop artificial intelligence. Wedbush Analyst Dan Ives said he expects the package to be overwhelmingly reapproved, ending

In latest setback, Tesla must face autopilot false ad claims by DMV

Monday's ruling comes less than a month after a federal judge in San Francisco ruled that Tesla must face a proposed class-action lawsuit by consumers making similar claims

Norway sovereign fund opposes Elon Musk's $56 bn Tesla pay package

The vote at next week's AGM will be the second time Musk's pay package has been put before shareholders. A judge voided an initial vote that approved the package in 2018