Updated on 12/22/2021 10:03 am US auto safety regulators said they have opened a formal safety investigation into 580,000 Tesla vehicles sold since 2017 over the automaker’s decision to allow games on the front center touchscreen. The National Highway Traffic Safety Administration (NHTSAsaid its preliminary assessment covers several Tesla Model 3, S, X and Y […]
Tag: Tesla
US reviews Tesla’s option to play video games while driving
In August, Vince Patton was watching a YouTube video about the owner of a Tesla which made an alarming observation: the drivers of those cars could now play video games on the vehicle’s touch screen while on the move. Out of curiosity to see for himself, Patton drove his own 2021 Model 3 into the […]
Tesla’s Musk says Congress should not approve Biden’s electric car project
Updated on 07/12/2021 06:21 pm Elon Musk, the executive president of Tesla, affirmed that Congress should not approve the bill of the government of Joe Biden to increase subsidies for electric vehicles (EVs) because the proposal would worsen the US budget deficit. The billionaire businessman is stepping up criticism of the government and Democrats for […]
SEC investigates Tesla for complaint of defects in solar panels
The Securities and Exchange Commission (SEC), the US securities regulator, opened an investigation against Tesla Inc. following a complaint that the company did not adequately notify its shareholders and the public of the fire risks associated with defects in its systems. of solar panels for several years, according to a letter from the agency. The […]
Employee sues Tesla for “rampant” sexual harassment at California factory
A worker in a factory in Tesla in California (USA) sued the electric car maker, claiming that women are subjected to rampant sexual harassment at the facility and that managers have failed to act despite their complaints. The plant of Fremont, in the San Francisco Bay area, has been peppered with several controversies recently, including […]
Elon Musk sells more shares to seize the Tesla moment
Updated on 11/12/2021 12:01 pm Tesla Inc Chief Executive Elon Musk sold another block of company stock for about $ 700 million, according to filings Friday, as the billionaire takes advantage of a meteoric rise that pushed the electric carmaker’s value to more than US $ 1 trillion. The second round of strong stock sales […]
With Avis, Tesla cars now buy themselves
by Liam Denning For automakers, fleet sales used to be like the free newspapers found in hotel lobbies. While the product was changing, it was not in a way that any moderately conscientious investor would value. As with so many other things, Elon Musk has apparently changed that. The shares of the car rental giants […]
Musk says Tesla has yet to sign a contract with Hertz and slows the rally in stocks
Updated on 11/02/2021 12:24 pm Tesla Inc Chief Executive Elon Musk said the company has yet to sign any contracts with Hertz, more than a week after the car rental company announced a major deal with the electric vehicle maker. Shares of Tesla fell more than 2% at noon Tuesday, following a sharp rise following […]
How the clean energy revolution sweeps markets
Updated on 10/31/2021 01:52 am The market foam that fuels clean energy technology stocks has delivered billions of dollars in business profits to investors around the world and led to the creation of dozens of funds designed to thrive on rising prices. Whether it’s electric vehicle makers like Tesla Inc. and its lesser-known rivals, or […]
Interest in Tesla exceeded expectations, says Hertz CEO
Updated on 10/30/2021 03:14 am Hertz Global Holdings’ initiative to electrify its rental car fleet with Tesla vehicles is gaining popularity with Uber consumers and drivers even faster than the company expected, Acting CEO Mark Fields said. Visits to Hertz’s corporate website have increased from hundreds to more than 10,000 per day, especially to its […]