SAN FRANCISCO—Electric carmaker Tesla will make a “dedicated” self-driving taxi that will “look futuristic,” Chief Executive Elon Musk said on Thursday, without giving a timeframe. The 50-year-old billionaire, wearing a black cowboy hat and sunglasses, made the comments at the opening of Tesla’s $1.1 billion factory in Texas, which is home to its new headquarters….
Is Tesla Stock Headed Over $1,500? Technically Yes, And Here’s Why
Tesla, Inc was rising over 4 percent on Monday in reaction to a bull flag pattern, which the stock had developed on the daily chart. The bull flag pattern is created with a sharp rise higher forming the pole, which is then followed by a consolidation pattern that brings the stock lower between a channel…
Tesla Delivers Record Vehicles in Q1; Output Falls as China Shutdown Weighs
Tesla Inc. on Saturday reported record electric vehicle deliveries for the first quarter, largely meeting analysts’ estimates, but production fell from the previous quarter as supply chain disruptions and a China plant suspension weighed. “This was an *exceptionally* difficult quarter due to supply chain interruptions & China zero COVID policy,” Chief Executive Elon Musk wrote…
Tesla Supplier Looks to Invest $5B on EV Batteries, Supply Chain Software
Tesla Inc. battery supplier Panasonic Corp. looked to invest ¥600 billion ($4.9 billion) in automotive batteries, supply chain software, and other areas it considered core to its growth. Panasonic looked to invest ¥400 billion in growth segments, including electric-vehicle cells, and another 200 billion yen in hydrogen device technology over three years through fiscal 2024. Panasonic targeted an…
No Current Talks With Tesla About Potential Union Vote: UAW President
United Auto Workers (UAW) President Ray Curry said on Tuesday he has had no discussions with Tesla or its Chief Executive Elon Musk about a potential union vote by workers at the electric-car maker’s California factory. On March 3, Musk tweeted that he was inviting the “UAW to hold a union vote at their convenience….
US Boost Fines for Automakers Not Meeting Fuel Economy Rules in Tesla Win
March 29, 2022
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WASHINGTON—The U.S. National Highway Traffic Safety Administration (NHTSA) on Sunday reinstated a sharp increase in penalties for automakers whose vehicles do not meet fuel efficiency requirements for model years 2019 and beyond. The decision was a win for Tesla that could cost other automakers hundreds of millions of dollars or more. Confirming an earlier report…
Elon Musk and the Chinese Temptation
Commentary Elon Musk has fans all over the ideological spectrum. People on the Left love him for popularizing electric cars with his Tesla company, or maybe for openly smoking pot on podcaster Joe Rogan’s show. Conservatives love him for his entrepreneurial dash and penchant for standing up to politicians and Big Tech censorship of the…
Tesla Recalls 947 US Vehicles Over Delay in Rearview Image Display, NHTSA Says
WASHINGTON—Tesla Inc is recalling 947 vehicles in the United States because the rearview image may not immediately display when they begin to reverse, the National Highway Traffic Safety Administration (NHTSA) said. The automaker told the NHTSA the recall covers some 2018-2019 Model S, Model X, and 2017-2020 Model 3 vehicles equipped with Autopilot Computer 2.5…
Driver Jumps a Tesla, Crash Lands in LA Neighborhood
Footage of a Tesla spending about two seconds in the air before crash landing in Los Angeles’s Echo Park neighborhood has been going viral on social media. A group of onlookers can be seen waiting with anticipation when a black Model S comes roaring towards them and launches over a steep intersection, crashing nose down…
Stellantis Fires up EV Rivalry With Tesla
Stellantis NV., Mercedes-Benz Group AG., and TotalEnergies SE. joint venture Automotive Cells Company looked to build an EV battery plant in Italy. The plant would involve an investment of over €7 billion, Reuters reports. The partners aimed to increase its industrial capacity to at least 120-gigawatt hours (GWh) by 2030. ACC looked to produce batteries for over 2.5 million vehicles per…
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