Tesla News

  • Tesla’s Elon Musk increases Twitter takeover commitment to $33.5bn
    Tesla CEO Elon Musk has increased his commitment for his planned Twitter takeover to $33.5 billion, new filings show. Musk, who came to terms with Twitter on April 25 to acquire the company for $44 billion, has worked to fund ... read more
    Source: NewsPublished on 25-05-22
    4 hours ago
  • Tesla, GM supplier Glencore pleads guilty to $1.1bn penalty for FCPA violations
    Tesla and General Motors material supplier Glencore and Glencore Ltd. pled guilty to several violations to the Foreign Corrupt Practices Act in relation to bribery and commodity and price manipulation. Glencore agreed to pay over $1.1 billion in fines to ... read more
    Source: NewsPublished on 25-05-22
    6 hours ago
  • Lucid recalls 1,117 Air vehicles for wiring harness issue that could affect display
    Lucid Group has issued a recall of 1,117 Air vehicles due to a wiring harness for the left and center displays, as they may interfere with the steering intermediate shaft. The lack of clearance between the two parts could lead ... read more
    Source: NewsPublished on 25-05-22
    8 hours ago
  • Fiat Chrysler reaches $300 million plea deal following emissions fraud probe
    Fiat Chrysler Automobiles (FCA) has reached a $300 million plea deal after pleading guilty to criminal conduct concerning an emissions fraud probe involving its vehicles with diesel engines, a new report from Reuters said. The U.S. business of FCA is ... read more
    Source: NewsPublished on 25-05-22
    9 hours ago
  • Once-promising Tesla rival Faraday Future only has 401 pre-orders for its debut EV
    Faraday Future, an electric vehicle startup once considered a potential rival to Tesla, has revealed that it only has 401 paid preorders for its debut vehicle, the FF 91 all-electric SUV. The preorder numbers were listed in a financial ... read more
    Source: NewsPublished on 25-05-22
    10 hours ago
  • Tesla invited to build battery facility in Indonesia’s giant 30k-hectare industrial area
    Tesla’s potential battery facility in Indonesia will likely be built on one of the country’s most ambitious integrated industrial areas to date, according to Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan. According to the Minister, an ... read more
    Source: NewsPublished on 25-05-22
    11 hours ago
  • Elon Musk’s net worth falls below $200 billion amid TSLA’s recent slump
    Tesla shares have recently hit 11-month lows, and with it, CEO Elon Musk’s net worth has dropped below $200 billion. Musk has lost about $77.6 billion of his net worth year-to-date.  Musk’s wealth is in no small part tied ... read more
    Source: NewsPublished on 25-05-22
    11 hours ago
  • Tesla (TSLA) stock way oversold, Twitter overhang way overdone: Wedbush analyst
    Tesla stock (NASDAQ:TSLA) recently fell to an 11-month low, with shares dropping almost 7% on Tuesday. Despite this, Wedbush analyst Dan Ives believes that Tesla stock is way oversold and concerns about CEO Elon Musk’s acquisition of Twitter are ... read more
    Source: NewsPublished on 25-05-22
    12 hours ago
  • Tesla drivers are almost 50% less likely to crash while driving a Tesla than when driving other cars: study
    New research from Cambridge Mobile Telematics (CMT), one of the industry’s largest telematics service providers, has found several interesting trends regarding electric vehicle drivers. Among the study’s findings involved Tesla drivers, who were almost 50% less likely to crash ... read more
    Source: NewsPublished on 25-05-22
    13 hours ago
  • SpaceX set to launch NASA laser satellite, in-space manufacturing demo, and more
    SpaceX appears to be on track to launch its fifth dedicated Falcon 9 rideshare mission as early as 2:27 pm EDT (18:27 UTC) on Wednesday, May 25th, carrying a wide variety of interesting payloads into Earth orbit. SpaceX has ... read more
    Source: NewsPublished on 25-05-22
    15 hours ago