Category: tesla

Tesla Recalls 362,000 US Vehicles Over Full Self-Driving Software

WASHINGTON—Tesla Inc. said it would recall 362,000 U.S. vehicles to update its Full Self-Driving (FSD) Beta software after U.S. regulators said on Thursday the driver assistance system did not adequately adhere to traffic safety laws and could cause crashes. The National Highway Traffic Safety Administration said the Tesla software allows a vehicle to “exceed speed…


Biden Touts Musk’s Tesla Charger Network in Rare Moment of Praise

President Joe Biden offered some relatively rare praise for Elon Musk, as Musk made part of the Tesla vehicle charging network available to some other electric vehicle brands. On Wednesday, the Biden administration announced several different electric vehicle makers and rental car brands are planning to expand access to vehicle charging stations. The White House…


Tesla Making Some EV Chargers Available to All, as White House Announces New EV Rules

The Biden administration announced final new rules shaping the electric vehicle (EV) landscape Wednesday, with a $7.4 billion investment in EV charging, while EV maker Tesla is opening up proprietary charging stations to all. The White House announced in a press release that $7.4 billion of the federal budget will be allocated for EV charging…


Elon Musk Donates Nearly $2 Billion in Tesla Shares to Charity

The CEO of Tesla and Twitter, Elon Musk, donated nearly $2 billion in Tesla shares to charity last year. Currently the world’s second-richest person, the Tesla CEO owns around 13 percent of the company’s stock, Reuters reported. Around a total of 11.6 million shares from the electric car company, worth $1.95 billion, were given away by Musk as…


Tesla Changes US Prices for 4th Time in 2 Months

Tesla has changed prices for one version of each of its Model 3 sedan and Model Y crossover, the fourth price adjustment by the electric vehicle maker since the start of the year. Tesla increased the price of its Model Y performance crossover by $1,000 to $58,990, its website showed. It cut the price of…


US Probe Finds No Evidence of Tesla Autopilot Use in 2021 Texas Crash

WASHINGTON—A U.S. safety board said Wednesday found no evidence a Tesla Model S was operating on Autopilot during an April 2021 fatal crash, saying the probable cause was the driver’s speeding, alcohol impairment, and failure to control the vehicle. Shortly after the accident in Spring, Texas, local police said they believed the crash occurred with…


Tesla’s Model Y and Model 3 Top-Selling Vehicles in California in 2022

Tesla Inc.’s Model Y and Model 3 electric vehicles were the top-sellers in California last year, outselling Toyota Motor Corp.’s RAV4 and Camry models, according to an industry body report. It is the first time a Tesla model topped the annual sales list in California, a major vehicle market where one in five cars is…


Hertz Has Fewer Teslas in Its Fleet Than Planned

Hertz Global Holdings Inc.’s rental fleet has less than half the number of Tesla cars it planned to order in 2022, its regulatory filing showed on Tuesday. Hertz’s fleet in the Americas peaked at 428,700 vehicles for the year ended Dec. 31, 2022, of which 11 percent were Tesla cars, the filing showed. The company…


Rivian Plans 6 Percent Workforce Reduction, Business ‘Bleeding Cash’

American electric vehicle manufacturer Rivian plans to cut down its workforce in an attempt to control costs as the company battles falling cash reserves and a potential price war with competitors. Rivian intends to lay off 6 percent of its workforce, CEO R.J. Scaringe said in an email to employees on Wednesday. Rivian is estimated…


Justice Department Seeks Tesla Driver-Assist Documents

WASHINGTON—Tesla Inc. disclosed on Tuesday the U.S. Justice Department has sought documents related to its Full Self-Driving (FSD) and Autopilot driver-assistance systems as regulatory scrutiny intensifies. The automaker said in a filing it “has received requests from the DOJ for documents related to Tesla’s Autopilot and FSD features.” Reuters reported in October Tesla is under…