Tesla, Inc. has been making headlines recently due to a series of significant events. The company faced challenges with the rollout of a new vehicle, leading to production delays. Additionally, Tesla reported a sharp decline in deliveries in the first quarter of 2024, resulting in workforce reductions, including the scrapping of its marketing team. The electric vehicle company also experienced a fall in revenue due to slowing demand and increased competition globally. Furthermore, Tesla had plans to enter the Indian market, which were put on hold.
Tesla, Inc. is an American multinational automotive and clean energy company headquartered in Austin, Texas. Known for designing and manufacturing electric vehicles, including cars and trucks, as well as stationary battery energy storage devices for homes and businesses, Tesla was founded by Elon Musk, JB Straubel, Martin Eberhard, Marc Tarpenning, and Ian Wright. The company has been a pioneer in the electric vehicle industry, with a focus on sustainability and innovation. Despite facing challenges and controversies, Tesla has played a significant role in shaping the future of transportation and clean energy.
-
Some experts say the outcome at a plant in Chattanooga, Tenn., may be organized labor’s most significant advance in decades. But the road could get rockier.
-
A Tesla that may have been operating on the company’s Autopilot driving system has hit and killed a motorcyclist near Seattle
-
The IEA notes a very top-heavy market for electric vehicles, with uneven growth.
-
Right now, CEOs are betting big on AI, pouring vast amount of resources and money into the technology. But the returns, they say, will come later.
-
Tesla scraps its marketing team just months after it began, continuing the company's workforce reduction.
-
The Musk-led firm’s revenue fell in the first quarter as it handed over fewer electric vehicles to customers due to slowing demand and intense competition worldwide.
-
The electric vehicle maker is expected to build a base in India given the country’s importance as a sales market, analysts say.
-
Federal transportation agency finds Tesla’s claims about feature don’t match their findings and opens second investigation
-
The move comes after Tesla reported a sharp fall in its deliveries in the first three months of 2024.
-
Hesai, which released new products based on its ATX technology on Friday, is seriously considering building plants outside mainland China to capitalise on the growing use of the technology, CEO Li says.
-
Recall represents another ‘black eye’ for the company which saw its share prices fall this week, wiping away all its gains this year
-
The price drop comes amid a difficult year for the electric vehicle company, which already lost $200bn in market value this year
-
Two new proposals for Tesla shareholders are a referendum on Elon exceptionalism.
-
In a proxy statement, Tesla is asking shareholders to okay a move to Texas and re-approve Musk's multi-billion dollar pay package.
-
The update will first roll out to cars with Google Maps built-in.
-
Mexico has offered generous incentives for automakers in the past.
-
The carmaker added that it also planned to roll out a total of 10 Honda-brand EV models in China by 2027.
-
And what would that mean for the climate?
-
"If robotaxis is viewed as the 'magic model' to replace Model 2 we would view this as a debacle negative for the Tesla story," Wedbush said.
-
Arthur Mensch doesn't feel concerned about AI surpassing human intelligence, but he does worry about American tech giants dominating the field.