Tesla News Updates

Government, Business, Technology, Safety, Autonomous

NHTSA Investigates Whether Tesla Autopilot Recall Did Enough

DETROIT鈥 The U.S. government鈥檚 auto safety agency is investigating whether last year鈥檚 recall of Tesla鈥檚 Autopilot driving system did enough to make sure drivers pay attention to the road.

April 26, 2024
Business, Equipment, Fuel

Tesla Promises Semi Truck Production to Begin in Late 2025

Tesla Inc.鈥檚 touted Class 8 Semi tractor is likely to begin rolling off the company鈥檚 Reno, Nev., production line late next year, according to a senior executive.

April 25, 2024
Business, Technology, Fuel, Autonomous

As Q1 Profit Falls 55%, Tesla to Focus on Cheaper Vehicles

Tesla鈥檚 first-quarter net income plummeted 55%, but its stock price surged in after-hours trading April 23 as the company said it would accelerate production of more affordable vehicles.

April 24, 2024
Business, Technology

Tesla to Cut More Than 6,000 Jobs in Texas, California

Tesla Inc. plans to cut more than 6,000 jobs across Texas and California as part of CEO Elon Musk鈥檚 demand to slash more than 10% of the global workforce.

April 23, 2024
Business, Technology, Autonomous

Tesla Cuts the Price of Its 鈥楩ull Self Driving鈥 System

NEW YORK 鈥 Tesla knocked roughly a third off the price of its 鈥淔ull Self Driving鈥 system 鈥 which can鈥檛 drive itself聽 鈥 to $8,000 from $12,000, according to the company website.

April 22, 2024
Government, Business, Technology, Safety

Tesla Recalls 3,900 Cybertrucks to Repair Faulty Pedals

Tesla Inc. recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that can dislodge and cause the vehicle to unintentionally accelerate, increasing risk of a crash.

April 19, 2024
Business

Tesla Wants Shareholders to Reinstate $55B Package for Musk

AUSTIN, Texas 鈥 Tesla will ask shareholders to reinstate a $55 billion compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year.

April 17, 2024
Business, Technology

Tesla to Cut Over 10% of Workforce in Global Retrenchment

Tesla Inc. will slash global head count by more than 10%, Elon Musk wrote in an email to staff, as the carmaker grapples with a slowdown in electric vehicle demand.

April 15, 2024
Government, Business, Technology, Safety

Tesla Settles Suit Over Death in Crash Involving Autopilot

SANTA CLARA, Calif. 鈥 Tesla has settled a lawsuit brought by the family of a Silicon Valley engineer who died in a crash while relying on the company鈥檚 semi-autonomous driving software.

April 9, 2024
Business, Technology, Autonomous

Tesla Shares Jump as Investors Buy Into Musk鈥檚 Robotaxi Hype

When Elon Musk announced late April 5 that he鈥檒l unveil a Tesla Inc. robotaxi in August, it was a clear attempt to arrest a spiral for the once high-flying carmaker.

April 8, 2024