Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation’s increasing commitment to EV technology. The news of the deal triggered a rally in Tesla’s stock, driving the carmaker’s market value over the $1 trillion mark […]
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U.S. safety investigators want to know why Tesla didn’t file recall documents when it updated Autopilot software to better identify parked emergency vehicles, escalating a simmering clash between the automaker and regulators. In a letter to Tesla, the National Highway Traffic Safety Administration told the electric car maker Tuesday that it must recall vehicles if […]
Tesla says it delivered 241,300 electric vehicles in the third quarter even as it wrestled with a global shortage of computer chips that has hit the entire auto industry. The Palo Alto, California, company’s sales from July through September beat Wall Street estimates of 227,000 sales worldwide, according to data provider FactSet. Third-quarter sales rose […]
Federal officials said Friday they will investigate a fiery Tesla crash that left two people dead in South Florida. Three investigators with the National Transportation Safety Board are traveling next week to Coral Gables, where a Tesla Model 3 left the roadway and collided with a tree Monday, the agency announced on Twitter. “We always […]
The U.S. government’s highway safety agency wants detailed information on how Tesla’s Autopilot system detects and responds to emergency vehicles parked on highways. The National Highway Traffic Safety Administration made the detailed request in an 11-page letter sent to the electric car maker that was dated Tuesday. The letter is part of a wide-ranging investigation […]
A Tesla using its partially automated driving system slammed into a Florida Highway Patrol cruiser Saturday on an interstate near downtown Orlando and narrowly missed its driver, who had pulled over to assist a disabled vehicle. Earlier this month, the U.S. government opened a formal investigation into Tesla’s Autopilot driving system after a series of […]
The U.S. government has opened a formal investigation into Tesla’s Autopilot partially automated driving system after a series of collisions with parked emergency vehicles. The investigation covers 765,000 vehicles, almost everything that Tesla has sold in the U.S. since the start of the 2014 model year. Of the crashes identified by the National Highway Traffic […]
Tesla founder and chief executive Elon Musk said Friday that he hopes to start producing cars at its new factory outside Berlin in October. The U.S. company had originally planned to begin manufacturing its electric cars at the “Gigafactory” in Gruenheide, east of the German capital, in July. But legal challenges and problems getting official […]
Tesla’s quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer’s ability to navigate through a pandemic-driven computer chip shortage that has caused major headaches for other automakers. The financial milestone announced Monday extended a two-year run of prosperity that has erased questions about Tesla’s long-term viability raised during […]
Bitcoin rises back after witnessing another slump, surging past $30,000 today according to Coindesk. Once again, Elon Musk is behind the intense jump in value, as he reiterated his backing of Bitcoin during a panel held on Wednesday. The Tesla chief, who has been extremely vocal in the past about the environmental risks of Bitcoin mining, has confirmed during the “B Word” cryptocurrency conference that he will most likely resume accepting Bitcoin. “I […]