Tesla (TSLA) launches affordable Model S and Model X variants

Tesla (TSLA) notifies lithium supplier of potential lawsuit over failed deal

Lithium supplier, Core Lithium has been notified by electric vehicle maker, Tesla (NASDAQ: TSLA) regarding a 2022 supply agreement that failed to be realized within the contracted timeframe, according to a statement from the Australian mining company.

Despite prior arrangements, the... More

Tesla (TSLA) to begin mass output of revamped Model 3 in China

Tesla (NASDAQ: TSLA) is poised to begin mass production of the electric vehicle giants updated Model 3 in China as early as next month, according to people familiar with the situation.

Sources, who opted to remain anonymous as the details are not yet public, have revealed that Tesla is nearing the completion of display... More

Texas commission approves Tesla (TSLA) charging standard for federal funds despite concerns

A Texas commission voted Wednesday to approve a plan to include Tesla's (NASDAQ: TSLA) North American Charging Standard (NACS) technology to be eligible for federal funds, despite calls for more time to re-engineer and test the connectors.

According to federal regulations, companies must provide NACS rival, Combined Charging System (CCS) as a basic offering to qualify for the... More

Fisker (FSR) inks deal with Tesla (TSLA) to adopt NACS by 2025

California-based, emerging electric vehicle maker, Fisker Inc. (NYSE: FSR) announced Tuesday morning that the automaker has signed an agreement with Tesla (NASDAQ: TSLA) to adopt the North American Charging Standard (NACS) starting in 2025.

This decision offers Fisker vehicle owners more charging... More

Fisker to add Tesla's EV charging connector by 2025

(Reuters) - Electric vehicle startup Fisker said on Tuesday it signed a deal with Tesla to adopt its North American Charging Standard (NACS), giving Fisker customers access to the automaker's Supercharger network by 2025.

A plethora of automakers, including Ford Motor and General Motors, are moving away from the... More

Fisker (FSR) enters agreement with with Tesla to adopt the North American Charging Standard (NACS)

Fisker (NYSE: FSR) will provide customers with access to Teslas (NASDAQ: TSLA) Supercharger network.

The company announces today that it has signed an agreement with Tesla to adopt the North American Charging Standard (NACS) on its first... More

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Tesla launches cheaper Model S, X versions in US with shorter ranges

By Mrinmay Dey and Akash Sriram

(Reuters) -Tesla on Monday launched cheaper variants of its Model S sedan and Model X SUV with shorter driving ranges in the U.S., looking to increase sales as high borrowing costs hamper demand for expensive electric vehicles.

Tesla shares were down 2.6% on Tuesday, while rivals also lost ground as investors worried about a price war. Rivian fell by 3.5% while Lucid lost 5.6%.

Tesla has already slashed prices of its vehicles in the U.S., China and other markets, prioritizing sales growth over profit... More

Stock market today: Dow ends higher as Nvidia leads tech rally on dip-buying fever

Investing.com -- The Dow closed higher Monday, as weakness in banks was offset by renewed demand for tech amid a surge in Nvidia (NASDAQ: NVDA) ahead of a slew of incoming economic data set to provide further insight on the consumer.

The Dow Jones Industrial Average rose 0.1%, or 26 points, Nasdaq rose 1%, and the S&P 500 was 0.6% higher.

The recent dip in tech attracted dip buyers, particularly in semiconductor stocks, with Nvidia soaring more than 7% after Morgan Stanley said the... More

S&P 500 climbs as Nvidia rally pushes tech higher

Investing.com -- The S&P 500 rose Monday, as investors piled back into chip stocks including Nvidia (NASDAQ: NVDA) pushing tech higher following recent weakness ahead of a slew of incoming data set to provide further insight on the consumer.

The S&P 500 was 0.3% higher, the Dow Jones Industrial Average fell 0.1%, or 29 points, Nasdaq rose 0.7%.

The recent dip in tech attracted dip buyers, particularly in semiconductor stocks, with Nvidia soaring more than 6% after Morgan Stanley said the recent dip in the... More

Ford (F) hires former Apple (AAPL) exec to lead new business unit

Ford Motor (NYSE: F) announced Monday the appointment of former Apple executive, Peter Stern to head a recently established division dedicated to developing consumer software and the advancement of hands-free highway driving technology.

Stern, who most recently served as vice president of services at Apple, overseeing Apple TV+, iCloud and Apple News+, will... More

China EVs drop as Tesla (TSLA) continues price war

Shares of Chinese electric automakers, XPeng (NYSE: XPEV), Li Auto (NASDAQ: LI) and Nio (NYSE: NIO) are down in early trading Monday morning after American competitor, Tesla (NASDAQ: TSLA) announced additional price cuts to their Model Y vehicles.

Tesla announced Monday, a reduction in prices for... More

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Indonesia says Tesla (TSLA) will invest in new battery facility

Following years of active courting, Indonesia revealed Monday that electric carmaker, Tesla (NASDAQ: TSLA) will invest in the manufacturing of battery materials in the country.

Senior Minister Luhut Pandjaitan revealed through a post on Instagram, that he headed an Indonesian delegation that engaged in discussions with... More

Tesla, Nikola and AMC fall premarket; Okta, U.S. Steel rise

Investing.com -- U.S. futures traded higher Monday, with investors awaiting more earnings, this time from the crucial retail sector.

Here are some of the biggest premarket U.S. stock movers today:

Tesla (NASDAQ: TSLA) stock fell 2.4% after the... More

Tesla shares slip after electric car giant unveils price cuts in China

Investing.com -- Shares in Tesla (NASDAQ: TSLA) dipped in premarket U.S. trading on Monday after the electric carmaker slashed the prices for some of its China-made vehicles, fueling concerns over an intensifying price war in the country.

In a statement on Monday, Tesla said... More

China's property sector woes, Goldman Sachs' Fed outlook - what's moving markets

Investing.com -- Fears over China's debt-laden property sector mount after key player Country Garden halts trading on some of its mainland bonds. Elsewhere, economists at Goldman Sachs predict when the Federal Reserve will begin cutting interest rates after an aggressive policy tightening campaign, while investors look ahead to results from large big-box brands and retail sales figures for July.

1. China's property sector woes deepen

Chinese residential real estate giant Country Garden (HK:2007) suspended trading in more than... More

Tesla cuts prices in China for select Model Y versions

BEIJING (Reuters) -Tesla on Monday said it has cut prices in China for its Model Y long-range and performance versions starting on Aug. 14, sending its shares lower on concern of further pressure on its profit margins.

This marks the first time since January that Tesla has reduced its vehicle prices in China, although the U.S. electric carmaker has turned to other incentives to boost sales in the face of rising competition in recent months.

The move came after sales of Tesla's China-made vehicles fell 31% in July from June, their first month-on-month decline since December, as the... More

BYD calls for Chinese automotive unity, 'demolish the old legends'

China's top-selling automobile manufacturer, BYD, has ignited a surge of online attention after the automaker signaled for unity, calling for the industry to band together and demolish the old legends.

During a recent event commemorating a production milestone, BYD shifted the focus to a grander objective: to spotlight China's ascent as a powerhouse in the global automotive manufacturing arena.

"I believe the time has come for Chinese brands," said founder Wang Chuanfu. "It's an emotional need for the 1.4 billion Chinese people to see a Chinese brand becoming global."

China's carmakers are caught in a fierce price... More

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