Tag: $Tesla

Tesla said on Friday it was recalling about 239,000 vehicles over an issue that could cause the rear-view camera to not display an image, which could be resolved by an over-the-air software update.

Tesla Inc. could collect more than €1 billion ($1 billion) in compensation from rival automakers that need help meeting tougher pollution standards in the European Union this year, UBS Group AG analysts said.

The U.S. National Highway Traffic Safety Administration said on Tuesday it had opened a probe into about 2.6 million Tesla vehicles after reports of some crashes linked to its “Actually Smart Summon” driverless feature.

 U.S. electric vehicle maker Tesla said on Friday its China sales rose 8.8% to a record high of more than 657,000 cars in 2024, a strong performance in a competitive market in a year when its annual global deliveries fell for the first time.

Tesla fell for a fourth consecutive day on Tuesday, taking some of the shine off a tremendous late-year rally.

Tesla will fix software in 77,650 China-made Model 3 and Model Y cars over safety hazards, China’s market regulator said on Tuesday.

Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire pressure monitoring system (TPMS).

Tesla shares held their ground on Thursday after closing at a 52-week high as investors weighed some details about the coming “Cybercab.”

A US judge has shot down Tesla’s second attempt to award Elon Musk a record pay package, saying shareholders’ overwhelming reapproval did not override her previous rejection of the deal.

Tesla shares jumped more than 7% premarket on Monday, extending a red-hot rally fueled by investor bets that the automaker would benefit from CEO Elon Musk’s backing of U.S. President-elect Donald Trump.

Tesla stock soared Wednesday with Republican nominee Donald Trump winning the U.S. presidential election.

Tesla reported third-quarter earnings Wednesday that topped analysts’ estimates even as revenue came in just shy of expectations. The stock popped 10.7% in premarket trading.

Shares of electric vehicle maker Tesla tumbled Friday after the company’s long-awaited robotaxi event — where CEO Elon Musk unveiled the firm’s Cybercab self-driving concept car — failed to impress investors.

Tesla posted its third-quarter vehicle production and deliveries report on Wednesday. The stock fell about 2% in premarket trading after the report.

Tesla is yet to receive regulatory permission to launch its FSD product in Europe and China, but Musk in July said that he expects to get this clearance by the end of 2024.

U.S. automaker Tesla’s sales of China-made electric vehicles rose 15.3% from a year earlier to 74,117 units in July, data from the China Passenger Car Association (CPCA) showed on Friday.

Tesla reported weaker-than-expected earnings for the second quarter as automotive sales dropped for a second straight period. The stock slid more than 8% in extended trading

Tesla shareholders will appear in court on Monday to argue that an unprecedented request for more than $7 billion in attorneys’ fees to be paid by the company is “outlandish,” the latest twist in a legal showdown over Musk’s $56 billion pay package.

Tesla shares saw more gains in premarket trading Wednesday, after jumping 10% in the previous sessions following the release of second-quarter vehicle production and deliveries figures that beat analyst expectations.

China’s BYD posted a 21% rise in second-quarter electric vehicle sales, closing the gap with Tesla after handing back the world’s top EV vendor title to the U.S. rival in the first quarter.