Tesla faces California class action on its EV range claims
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Tesla (TSLA) China recalls Model S and Model X
August 4, 2023 1:14 PM EDTTeslas (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 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
