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Tesla’s operating income decreased 24 per cent to $2.7 billion in Q1 2023 as the Elon Musk-run EV maker continues to cut prices of its vehicles. However, the total revenue...
Billionaire Elon Musk is working on launching an artificial intelligence start-up that will rival ChatGPT-maker OpenAI, the Financial Times reported on Friday citing people familiar with his plans. Twitter-owner Musk...
Tesla Inc will build a factory in Shanghai to make the Megapack energy storage product, Chinese state media outlet Xinhua reported on Sunday. Elon Musk’s automaker will break ground on...
Tesla Inc will cut assembly costs by half in future generations of cars, engineers told investors, but Chief Executive Elon Musk did not unveil when it will debut a much-awaited...
Mahmoud Mohsen, Staff Reporter The Sharjah Road and Transport Authority (SRTA) has flagged off 10 "Tesla 3" electric vehicles, affiliated with the Etihad and Medina Taxi Companies, in support...
Tesla said it would recall 362,000 US vehicles to update its Full Self-Driving (FSD) Beta software after US regulators said on Thursday the driver assistance system did not adequately adhere...
A price war in electric vehicles (EV) started by market leader Tesla has made it much more difficult for money-losing US startups like Rivian Automotive Inc and Lucid Group Inc...
Elon Musk took the witness stand on Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came...
Tesla has slashed prices on its electric vehicles in the United States and Europe by as much as 20 per cent, extending a strategy of aggressive discounting after missing Wall...
Tesla cut electric car prices in China for the second time in less than three months on Friday, stoking expectations for a wider price war for battery-powered vehicles in the...
