Tesla

The previous discounts have positively affected Tesla’s quarterly sales, with the automaker selling 422,875 cars EVs in Q1. Tesla Inc (NASDAQ: TSLA) has announced further price cuts for its Model 3 and Model Y electric vehicles. This is the second time within a month that the electric car maker is…

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The biennial Auto Shanghai Show is traditionally a time for global automakers to flex their muscles and woo Chinese consumers. Yet this year’s edition, China’s first major auto exposition since the country reopened after Covid, has been very much dominated by local manufacturers. The growing presence of Chinese brands reflected…

WASHINGTON: The US Treasury said on Monday (April 17) that Volkswagen (VW), BMW, Nissan, Rivian, Hyundai and Volvo Cars electric vehicles will lose access to a US$7,500 (RM33,165) tax credit under new rules for battery sourcing. The Treasury said the new requirements effective on Tuesday will also cut by half…

By Yoojung Lee and Heejin KimApril 18, 2023 — 8.28am Tesla has created massive wealth globally, from tycoons behind battery makers to individual investors. Now, with a single order from Elon Musk’s electric-car maker, another family has entered the ranks of the ultra-rich. The deal could be transformational for L&F.Credit:…

A Tesla Model S electric car stops for recharging April 9, 2023 at a service station in Greenwich, Connecticut. Robert Nickelsberg |  Getty Images There may be no better time to buy an electric vehicle than now. Automakers are continuing to roll out a growing number of models that offer…

Chinese electric vehicle maker Xpeng Inc. hopes that dramatic cuts to manufacturing costs will propel the eight-year-old company to profitability, co-president Brian Gu told reporters at the Shanghai International Auto Show, which opens to the general public on April 20.  The Guangzhou-based company plans to shave 25% off the costs…

In March, BYD was way out in front with 207,080 units, an increase of 97.45% year-on-year, and 552,076 units in the first quarter, an increase of 92.81% year-on-year. Tesla followed in second place with 76,663 units in March and 229,322 units in the first quarter, an increase of 25.88% year-on-year.…

Tesla is facing a lawsuit brought by a customer after it was revealed Tesla employees shared images and videos from customers’ car cameras. According to a report by Reuters, private recordings were shared amongst employees in chat rooms. Ex-employees who spoke to Reuters explained the footage varied from embarrassing situations…

A young woman who was driving a Tesla car while asleep has gone viral on TikTokIn the viral video, the woman was deep in sleep but the car continued to meander through the road effortlesslyAs of the time of publishing this report, the video has gathered over 300,000 likes with…