Category: Tesla Motors Inc

Musk’s Trillion-Dollar Pitch

Despite a drop in Tesla profit, the billionaire exhorted investors to back his proposed compensation package, or face consequences.
Tesla Profit Falls 37% After It Cut Car Prices

The company sold more cars but made less money on each one because of discounts and low-interest loans.
G.M. Previews Talking Cars, Cheaper Batteries and Other New Tech

Drivers will be able to converse with an artificial intelligence assistant while cars largely drive themselves in certain situations, the company said.
Delaware’s Highest Court Considers Elon Musk’s Tesla Pay Plan

The justices on the state Supreme Court heard arguments in a long dispute about whether the Tesla chief executive’s compensation was fair to shareholders.
Tesla Reveals Cheaper Versions of Model Y and Model 3

Elon Musk’s electric car company said the new versions would start at around $37,000 and $40,000, prices that bring its cars closer to comparable gasoline vehicles.
Tesla Is Sued by Families Who Say Faulty Cybertruck Doors Led to Two Deaths

A college student was trapped in a burning Cybertruck because electronic doors made it difficult for her to get out or be rescued, a lawsuit claims.
Tesla’s Car Sales Rise 7% as U.S. E.V. Tax Credit Ends

The company benefited from a surge in U.S. demand for electric vehicles after Republicans in Congress voted to end a $7,500 incentive at the end of September. But other carmakers benefited more.
China Displays Its Gizmos and Ambition, but Fewer Answers on Trade

The vast Global Digital Trade Expo in Hangzhou stood as a rebuke to U.S. efforts to hem in China’s technology. But the real competition is internal, and profits are hard to find.
Electric Vehicles Face a ‘Pretty Dreadful Year’ in the U.S.

The end of a federal tax credit is expected to push sales of battery-powered cars down but auto experts believe the market will eventually recover.
Tesla’s 2021 Model Y Doors Could Trap Riders, US Safety Agency Says

The agency is investigating reports that electronic doors on one model couldn’t be opened from outside, trapping children or others inside.
Elon Musk Buys $1 Billion in Tesla Stock as Board Defends His Pay

Tesla’s chief executive bought the stock after the company’s board proposed paying him nearly $1 trillion if he achieves certain performance goals.
Used E.V. Sales Take Off as Prices Plummet

Electric vehicles on the used market often cost less than comparable gasoline models, making the technology affordable to many more buyers.