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U.S. Senators Call for Investigation of Tesla’s (TSLA) Advertising Practices

Following a series of Tesla (NASDAQ: TSLA) crashes, the company has become the subject of an investigation by U.S. safety regulators. U.S. Senators Richard Blumenthal (D-CT) and Edward Markey (D-MA), members of the Senate Commerce, Science, and Transportation Committee, authored a letter to FTC Chair Lina Khan today, voicing concerns surrounding Teslas advertising and marketing of its... More

Nio (NIO) and Tesla (TSLA) Supplier Bosch China Cuts Off Chip Deliveries

David Xu, the vice president of Bosch China, released on Tuesday that its semiconductor factory in Muar, Malaysia, was shut down by the government due to pandemic restrictions. The factory is specialized in producing ESP/IPB, VCU, TCU chips.

In China, Bosch supplies chips and car parts to car... More

Tesla’s (TSLA) Giga Shanghai Location Confirms Localization Rate; Pushes Closer to $25k Model

Rumors that Teslas (NASDAQ: TSLA) Gigafactory in Shanghai is nearly at full localization were confirmed Monday by the Lingang New Area Party undersecretary, who noted that the facilitys localization rate should reach 90% by the end of 2021. The Shanghai factory is now the companys... More

Elon Musk's $2B SolarCity Trial Nears End

A two-week trial surrounding Tesla (NASDAQ: TSLA) CEO, Elon Musks role in the purchase of SolarCity is nearing its conclusion, with the final witness being questioned Yesterday. Musk is being sued by shareholders who believe the CEO used his influence in the deal to personally enrich himself at the expense of Tesla.

Tesla director Antonio Gracias, the last witness, was questioned by... More

Tesla (TSLA) Announces First Shanghai-made Model Y Shipped to Europe

Tesla Inc. (NASDAQ: TSLA) announced Monday that, for the first time, the companys China operation has begun shipping the Model Y to Europe. The statement released by the company disclosed the Gigafactory 3 in the Lingang free-trade zone shipped 8,210 Model Ys to Europe... More

U.S. Investigating Safety Following Tesla (TSLA) Autopilot Crashes

U.S. auto safety regulators released documents Monday that show they have opened a formal safety probe into Tesla Inc's (NASDAQ: Tesla (NASDAQ: TSLA) driver assistance system Autopilot after a series of crashes. The investigation covers an estimated 765,000 Tesla Model Y, X, S and 3... More