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Tesla (TSLA) discusses plans with India's commerce Minister
August 3, 2023 2:05 PM EDTReuters reports Thursday, citing two unnamed sources, that Tesla (NASDAQ: TSLA) executives met with India's Commerce Minister, Piyush Goyal last week to discuss the carmaker's plans to establish a manufacturing plant in the country.
Tesla and Goyal discussed the company's plans during the meeting, said the... More
California Tesla (TSLA) owners file class action over false EV range claims
August 3, 2023 8:57 AM EDTThree Tesla (NASDAQ: TSLA) owners from California filed a proposed class action lawsuit against the automaker Wednesday. The legal complaint alleges that Tesla engaged in false advertising of the estimated driving ranges of its electric vehicles.
The lawsuit, filed in the U.S. District Court for the Northern District of California, references a recent Reuters article outlining how Tesla allegedly formed a "Diversion Team" in Nevada to handle the overwhelming... More
Tesla (TSLA) China sales slide in July
August 3, 2023 8:33 AM EDTAccording to data released by the China Passenger Car Association (CPCA) on Thursday, Tesla (NASDAQ: TSLA) sold 64,285 Chinese electric vehicles in July, a 31% decrease from a month earlier.
However, sales of China-made Model 3 and Model Y cars have surged by 128%, reaching 28,217 units, compared to the same period last... More
Tesla (TSLA) leases office space in India, sparking market entry speculation
August 2, 2023 2:08 PM EDTOn Wednesday, Punekarnews, an Indian news outlet, reported that Tesla (NASDAQ: TSLA), operating under its Indian subsidiary, Tesla India Motor & Energy, has recently secured a 5,850-square-foot space in Pune, India's Panchshil Business Park. This development has sparked further rumors and speculation about the all-electric automakers potential market entry into the country.
Tesla's acquisition of the office space signifies a significant step in its endeavor to establish... More
Tesla (TSLA) restarts Magic Dock installations in Texas
August 2, 2023 10:50 AM EDTTesla (NASDAQ: TSLA) recently resumed their Magic Dock technology in Texas. Constructing new Superchargers equipped with the Magic Dock connection, extending its availability to a third region.
A new set of Tesla Superchargers equipped with the Magic Dock was spotted near Fort Worth,... More
U.S. opens investigation into 280k Tesla (TSLA) EVs over loss of steering control
August 1, 2023 12:03 PM EDTThe National Highway Traffic Administration revealed Tuesday that the U.S. regulatory agency has opened as investigation into 280,000 new Tesla (NASDAQ: TSLA) Model 3 and Model Y vehicles after receiving 12 complaints over loss of steering control and power steering.
Back in June, a driver from Alpharetta, Georgia reported that she was driving her two-week-old Tesla Model Y out of a shopping center when "suddenly steering wheel did not steer. It was hard and saw the alert. Went to very close to opposite side of traffic and some how made... More
Tesla (TSLA) seeking $100M for Texas to California truck charging network
August 1, 2023 11:05 AM EDTAccording to emails viewed by Bloomberg News, EV giant, Tesla (NASDAQ: TSLA) is aiming to secure approximately $100 million in federal funds to construct nine electric semi-truck charging stations reaching from the southern border of Texas to northern California.
The company proposed in the emails that each charging unit be equipped with eight 750-kilowatt chargers for Tesla Semi... More
Morgan Stanley remains sidelined on Tesla (TSLA) as intern survey shows decline in desirability
August 1, 2023 8:53 AM EDTMorgan Stanley reiterated an Equal-weight rating on Tesla (NASDAQ: TSLA) with a 12-month price target of $250.00 following their Annual Intern Survey.
Morgan Stanley conducted their 5th Annual Intern Survey of ~575 Morgan Stanley N. American summer interns, providing a window into the... More
