Tesla offers unprecedented US$1 trillion pay package to Elon Musk
The additional shares Musk could receive would push his stake in the EV maker to at least 25% [AUSTIN, Texas] Tesla proposed a new compensation agreement for chief executive…
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Tesla
BMW’s iX3 spearheads multibillion-dollar reboot that takes the fight to Tesla, BYD
On Friday (Sep 5), German luxury carmaker BMW launched its second-generation iX3 – and with it, a sweeping reset strategy to catch up to its electric vehicle (EV) rivals. The new iX3, a…
Tesla grabs top spot in market where almost all new cars are EVs
Tesla accounted for more than a fifth of new car sales in Norway in August, with electric cars as a whole accounting for 97 per cent of new passenger vehicle registrations. Tesla…
BYD continues to surge past Tesla in Europe
Another week, another nugget of unfortunate sales news for Tesla: According to new data from the European Automobile Manufacturers Association (ACEA), European Tesla car registrations were…
Researchers Are Already Leaving Meta’s New Superintelligence Lab
At least three artificial intelligence researchers have resigned from Meta’s new superintelligence lab, just two months after CEO Mark Zuckerberg first announced the initiative. Two of the…
Tesla is slow in reporting crashes. The feds want to know why
Federal auto safety regulators are investigating why Tesla has repeatedly broken rules requiring it to quickly tell them about crashes involving its self-driving technology, a potentially…
Tesla to integrate Deepseek, Doubao AI voice controls in China
The technology allows drivers to use voice commands to control navigation apps, in-car entertainment and cabin temperature, as well as receive news updates Tesla plans to…
Tesla raises price of Cybertruck Cyberbeast in US by US$15,000
— A has raised the price of its fastest variant of Cybertruck by US$15,000, according to pricing information on the automaker’s website.…
The Global Car Reckoning Is Here. Far Too Many Auto Companies Don’t Have a Plan
On a drab, overcast March day in Amsterdam in 2022, Stellantis CEO Carlos Tavares took off his face mask and strode onto a makeshift stage to confidently explain to a crowd of journalists…
Tesla lowers monthly lease fee due to UK sales slump
British motorists can now lease a Tesla electric vehicle for just over half of what they would have paid a year ago, The Times reported on Monday, citing industry sources. Tesla has been…
Tesla almost halves UK monthly lease fee as sales slump: The Times
ISH motorists can now lease a Tesla electric vehicle for just over half of what they would have paid a year ago, The Times reported on Monday, citing industry sources. Tesla…
Ford’s Answer to China: A Completely New Way of Making Cars
“We build a structural battery out of the cells, and that is the floor of the vehicle. So we actually built the seats on it,” says Field. So, to be clear, there's no frame or structure…
Tesla disbands Dojo supercomputer team in blow to AI effort
Tesla is disbanding its Dojo supercomputer team and its leader will depart the company, according to sources familiar with the matter, upending the automaker’s effort to develop in-house…
Chinese EV company BYD is seeing surging European sales—while Tesla continues to tank
On August 5, new automotive industry data revealed how EV brands are faring in the U.K. and Germany, and the update marks yet another chapter in the saga of Tesla’s terrible, horrible, no…
Elon Musk’s politics hit Tesla sales in Europe’s biggest car markets
Tesla’s new car registrations in Britain and Germany, Europe’s biggest auto markets, more than halved in July from a year earlier, as CEO Elon Musk’s political views deter buyers and the…
Tesla approves 96 million share award to CEO Elon Musk
Tesla has granted CEO Elon Musk 96 million shares worth about US$29 billion, a move aimed at keeping the billionaire entrepreneur at the helm as he fights a court ruling that…
Tesla approves share award worth US$29 billion to CEO Elon Musk
Tesla has granted CEO Elon Musk shares worth about US$29 billion, in a new pay deal aimed at keeping the billionaire entrepreneur at the helm during a crucial pivot from its struggling…
Tesla Ordered to Pay $200 Million Over Fatal Florida Crash Linked to Autopilot
Tesla has been ordered by a Miami federal jury to pay over $200 million in damages for a 2019 crash that killed 22-year-old Naibel Benavides Leon and seriously injured Dillon Angulo in…
Tesla ordered by Florida jury to pay US$243 million in fatal Autopilot crash
A Florida jury on Friday (Aug 1) found Tesla liable to pay US$243 million to victims of a 2019 fatal crash of an Autopilot-equipped Model S, a verdict that could encourage more legal…
‘The overall vibe was total chaos’: Tesla Diner goes viral for long waits and mixed reviews
In case you’ve been living under a rock and haven’t heard, the Tesla Diner opened its doors in Hollywood last week, and online reviews have been pouring in. While some raved about the…
Tesla signs US$4.3 billion LGES battery deal, source says, reducing China reliance
South Korea’s LG Energy Solution (LGES) has signed a US$4.3 billion deal to supply Tesla with energy storage system batteries, said a source familiar with the matter, as the US company…
Samsung’s big Tesla order fuels recovery bets despite chip woes
Samsung Electronics’ surprise US$16.5 billion chipmaking deal with Tesla has breathed new life into a foundry business all but written off by many investors. Its stock has risen 9 per cent…
Tesla signs $16.5 billion deal with Samsung to make AI chips
Tesla has signed a $16.5 billion deal to source chips from Samsung Electronics, a move that could bolster the South Korean tech giant’s unprofitable contract business but is unlikely to…
Musk says Tesla, Samsung Electronics sign US$16.5 billion chip supply deal
Tesla CEO Elon Musk said the US automaker has signed a US$16.5 billion deal to source chips from Samsung Electronics, a move expected to bolster the South Korean tech giant’s loss-making…