Lawyer says Tesla (TSLA) knew of autopilot steering fault before fatal crash

Tesla (TSLA) not part of EU probe into Chinese subsidies

The south China Morning Post reports Friday that electric vehicle giant, Tesla (NASDAQ: TSLA) will not be a part of the European Unions investigation into subsidies granted by the Chinese government but may be subject to duties based on their own discovered... More

Hertz (HTZ) slows EV plans, faults Tesla (TSLA) price cuts and repair costs

Hertz Global (NASDAQ: HTZ) revealed during its 3Q earnings call on Thursday that the rental car company has decided to slow the process of electrifying the companys fleet after EV partner, Teslas (NASDAQ: TSLA) price cuts kneecapped the resale value of a majority of electric cars in the rental fleet by a third.

Our in-fleeting... More

Tesla (TSLA) reverses price cut on Model Y variant in China

According to a local website, Tesla (NASDAQ: TSLA), on Friday, increased the cost of its Model Y Performance sport-utility vehicle in China by approximately $2,000, undoing a price cut put into effect back in August.

The top-tier version of the electric SUV now... More

Tesla (TSLA) begins deliveries of new Model 3+ 'Highland' in the Netherlands

Tesla (NASDAQ: TSLA) has begun deliveries of their Model 3+ "Highland" electric vehicle in the another European country as drivers from the Netherlands report receiving their newly-designed vehicles this morning.

Following the earlier launch of the Model 3+ by Tesla a few months back, deliveries officially kicked off earlier this month, putting an end to months of speculation surrounding the timeline for the automaker's release... More

bp Pulse (BP) announces $100M EV charging deal with Tesla (TSLA)

bp (NYSE: BP) announced Thursday morning that the oil and gas companys EV charging business, bp Pulse, has struck a deal with electric automaker, Tesla (NASDAQ: TSLA) to acquire ultra-fast charging hardware units from the automaker for $100M.

According to the announcement, starting in 2024, the Tesla chargers will be deployed at key sites across the bp family... More

GM and Honda (HMC) cancel plans to co-develop affordable EVs

Honda Motor (NYSE: HMC) and General Motors (NYSE: GM) announced Wednesday the cancellation of their collaborative efforts to produce budget-friendly electric vehicles (EVs), as confirmed by the Japanese company. This development comes a year after their initial agreement to join forces in an attempt to surpass Tesla (NASDAQ: TSLA) in... More

Active options: TSLA NVDA MARA SNAP AAPL GOOGL MSFT AMZN COIN

Active options: TSLA NVDA MARA SNAP AAPL GOOGL MSFT AMZN COIN

Great Wall Motor responds to EU anti-subsidy probe

Prominent Chinese automaker, Great Wall Motors revealed that the company has formally submitted a response to the European anti-subsidy investigation into Chinese made electric vehicles and called for a fair and open trade environment.

Great Wall provided its statement to the European Commission on Oct. 11, and is the first automaker to have done... More

Active options: TSLA MARA NVDA RIOT COIN AAPL NFLX VZ AMD

Active options: TSLA MARA NVDA RIOT COIN AAPL NFLX VZ AMD

Bernstein reiterates Underperform on Tesla (TSLA) following 3Q cost reductions

Bernstein reiterated an Underperform rating on Tesla (NASDAQ: TSLA)with a 12-month price target of $150.00 on the electric automakers stock following the companys 3Q report and earnings call.

The automaker reported a disappointing 3Q with average COGS per car declining $2.5k from 39.2k in 3Q22 to $36.7k in 3Q23. Tesla bulls are holding on to... More

Tesla aware of Autopilot steering malfunction before fatal crash -lawyer

By Dan Levine and Hyunjoo Jin

(Reuters) - An attorney suing Tesla over a fatal accident cited an internal safety analysis conducted by the company that showed it knew about a steering malfunction in its Autopilot driver assistant feature about two years earlier.

The disclosure came during closing arguments on Tuesday in a California state court in the first U.S. trial over allegations that Autopilot led to a death. The plaintiffs are seeking a combined $400 million jury award, excluding punitive damages. The trial's outcome could help shape similar cases across the country.

The civil lawsuit... More

Tesla's relative cost reductions this year are much less than might appear - Bernstein

Bernstein analyst Toni Sacconaghi reiterated an Underperform rating and $150.00 price target on Tesla (NASDAQ: TSLA).

The analyst commented: "Amid a disappointing quarter for Tesla, investors (and the company) have highlighted cost reductions as a silver lining. Tesla's average COGS per car has declined $2.5k from $39.2k... More

U.S. DOJ seeks Tesla (TSLA) documents on driving range

Tesla (NASDA: TSLA) revealed Monday that the U.S. Department of Justice (DOJ) is seeking documents from the automaker related to the driving range of the companys electric vehicles. The revelation follows reports that the company allegedly exaggerated their potential distance... More

Active options: TSLA AAPL NVDA AMZN AMD NFLX PLTR BAC T MARA

Active options: TSLA AAPL NVDA AMZN AMD NFLX PLTR BAC T MARA

Tesla (TSLA) discloses DOJ requests for information on 'personal benefits'

Tesla (NASDAQ: TSLA) confirmed in its quarterly SEC report that the electric automaker has received requests for documents from United States Department of Justice (DOJ) including subpoenas regarding certain matters associated with personal benefits, related parties, vehicle range and personnel decisions.

The company is required to report any contacts with government agencies regarding... More

Chevron, Apple, Tesla fall premarket; Walgreens, Pinterest rise

Investing.com -- U.S. futures fell Monday, pressured by rising bond yields ahead of quarterly earnings from a number of tech giants this week.

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

Hess (NYSE: HES) stock rose 0.8% and... More

US Justice Department issues subpoenas to Tesla in ongoing probes

By Aditya Soni and David Shepardson

(Reuters) -The U.S. Justice Department has sought documents and issued subpoenas to Tesla as it scrutinizes the automaker's driver assistance system Autopilot and vehicle driving range, among other issues, the company said on Monday.

Tesla said in a regulatory filing it has received requests for information "including subpoenas, from the DOJ. These have included requests for documents related to Teslas Autopilot and FSD features" and other requests "associated with personal benefits, related parties, vehicle range and personnel decisions."

Treasury yields, Foxconn, tech earnings - what's moving markets

Investing.com -- Rising U.S. Treasury yields continue to weigh on stock markets at the start of a week that includes the release of earnings from a number of tech giants. Crude slips back as aid enters Gaza, while Apple is under pressure as its main supplier, Foxconn, faces a tax probe in China.

U.S. bond yields are on the rise again, with the yield on the benchmark 10-year Treasury back up to 4.969% on Monday, just short of... More