#tesla

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    Tesla’s Full Self-Driving Technology Rollout

    Overview: Tesla has announced plans to launch its full self-driving (FSD) technology in China and Europe by the first quarter of 2025. The move is part of Tesla’s broader strategy to expand its advanced driver assistance systems globally. Regulatory Progress: China: Tesla has made notable...
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    TESLA'S CHINA SALES ACHIEVE BEST MONTH OF 2024

    Sales Performance: Tesla (TSLA) experienced its strongest sales month in China for the year in August, delivering over 63,000 vehicles. This represents a notable 37% increase from July, though it falls short of August 2023’s sales of 64,694 units. Despite this growth, Tesla’s performance is...
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    Tesla Veteran Resigns Amid Continued Executive Departures

    Tesla has experienced another high-profile resignation with the departure of Sreela Venkataratnam, a veteran executive who spent 11 years at the company. Venkataratnam announced her exit on LinkedIn, citing a desire to focus on personal well-being and spend time with family. Her resignation...
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    Tesla Expands Energy Business Through Strategic Partnership with Sunrun in Texas

    Tesla (TSLA) is taking a significant step to expand its energy business in Texas by partnering with Sunrun (RUN), a leading provider of solar and home energy solutions. This collaboration is designed to help homeowners in Texas build "virtual power plants" by leveraging Tesla’s Powerwall battery...
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    TESLA CAR IN FATAL ACCIDENT WAS IN 'FULL SELF DRIVING MODE, POLICE SAY

    A Tesla Model S that was in "Full Self-Driving" (FSD) mode hit and killed a 28-year-old motorcyclist in the Seattle area in April, police reported. The 56-year-old driver was arrested on suspicion of vehicular homicide after admitting to using his cell phone while the car's driver assistance...
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    Tesla, Apple Chip Supplier STMicroelectronics Q2 Earnings Hit by Weakness in Industrial and Automotive Sectors, Stock Plunges

    STMicroelectronics NV (NYSE: STM), a key supplier for Tesla Inc (NASDAQ: TSLA) and Apple Inc (NASDAQ: AAPL), reported its fiscal second-quarter 2024 earnings, revealing a significant revenue decline of 25.3% year-on-year to $3.23 billion, slightly above the analyst consensus estimate of $3.20...
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    Bubble-Fraud Tesla Worth Around $8.40 Per Share:' Stock Valuation Under Scrutiny As EV Maker Gets Sizeable Profit From One-Time ZEV Credit

    Tesla's Mixed Q2 Results: Auto Gross Margin: Excluding regulatory credits, Tesla's auto gross margin was 14.6%, missing the 16.2% estimate. Regulatory Credits: Came in at $890 million, significantly higher than the $450 million consensus, potentially inflating adjusted EPS by 10 cents. Earnings...