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Tesla (TSLA) China recalls Model S and Model X

August 4, 2023 1:14 PM EDT

Teslas (NASDAQ: TSLA) China unit has initiated a recall of 271 of their Model S and Model X units sue to issues effecting the vehicles seat belts and cameras.

The recall affects 234 Model S and Model X vehicles manufactured between February 5 and May 16, 2023. The reason for the recall is due to a problem during the production or after-sale service, where the first-row seat belts and pretensioners were disassembled and not properly... More

Tesla (TSLA) discusses plans with India's commerce Minister

August 3, 2023 2:05 PM EDT

Reuters 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 EDT

Three 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 EDT

According 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 EDT

On 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 EDT

Tesla (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