Tesla raises prices for new Model S, Model X in China

Tesla (TSLA) to introduce 'end-to-end AI' in FSD v12 says Musk

With the imminent release of Teslas (NASDAQ: TSLA) Full Self-Driving (FSD) v11.4 to employees this week, Musk said the new version will feature so many major improvements and that it should becalled v12. However, The billionaire CEO commented on twitter that the v12 is reserved for when FSD is end-to-end AI, from images in to... More

Tesla (TSLA) to hold groundbreaking ceremony at Texas refinery Monday

Electric vehicle giant, Tesla (NASDAQ: TSLA) will hold a groundbreaking ceremony Monday to celebrate construction of its new $375 million lithium refinery just outside Corpus Christi. The companys billionaire CEO Elon Musk and Texas Gov. Greg Abbott are both expected to speak at the event.

The Tesla lithium refinery in Texas will produce battery-grade lithium. Tesla has noted that it will... More

Chinese state media reports country will speed construction of EV charging facilities

Chinese state media reports Friday, quoting the nation's cabinet, that the country will speed up the construction of charging facilities for new energy vehicles (NEV) such as electric cars, and improve policies for purchasing and using them.

The government is studying policies to promote auto consumption and support... More

Tesla (TSLA) delivered 75,842 China-made vehicles in April, down 14.7% from March

China Passenger Car Association (CPCA) showed on Friday that electric vehicle maker Tesla delivered 75,842 China-made vehicles in April. Deliveries were down 14.7% compared to March, but a huge jump from a year earlier, when the city of Shanghai was in a COVID-19 lockdown. In April last year, the company delivered only 1,512 China-made Model 3 and Model Y cars.

Rival... More

Tesla (TSLA) increases price of new Model S and X in China

According to the companys website Friday, electric automaker, Tesla (NASDAQ: TSLA) raised prices on their Model S and Model X vehicles in China. The move follows hikes to its other vehicles three days prior.

The automaker raised prices by 19,000 Chinese yuan ($2,749)... More