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Retail Asia21/08/2023

Over the weekend, the Tesla app in the App Store was updated to version 4.24.0 and the changelist included one sentence: “Access your vehicle controls and climate from the Apple Shortcuts app.” But within that small sentence is a big change. Previously, Tesla owners could remotely handle certain tasks through the Tesla app. But with the […]

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Retail Asia10/08/2023

Tesla has announced that they have appointed Vaibhav Taneja as a new Chief Financial Officer (CFO). He will succeed Zachary Kirkhorn who has stepped down from the position. Taneja is of Indian descent and has been serving as the Chief Accounting Officer (CAO) of Tesla since March 2019. In addition to his new role as […]

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Retail Asia07/08/2023

Uber Japan has announced a strategic partnership with local cab and hire car operator, Hinomaru Kotsu and Tesla Japan to introduce 100 Tesla Model Y vehicles into their Uber Premium fleet. As part of the initiative, 30 Tesla Model Y vehicles will be deployed in November 2023 at Hinomaru Kotsu’s offices in Setagaya, Edogawa, and Adachi. […]

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Retail Asia10/07/2023

Mercedes-Benz is the latest manufacturer to partner with Tesla to integrate NACS (North American Charging Standard) charging ports across its lineup of electric vehicles. This will provide electric vehicles from the brand with access to Tesla’s supercharger network. The German company will manufacture its vehicles in North America with NACS ports starting from 2025 onwards. […]

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Retail Asia15/05/2023

Tesla has recently announced that it is cancelling the production of right-hand drive Model S and Model X vehicles, citing low demand in certain regions. This move surprises many customers who have been waiting for their orders to be fulfilled. According to the company, customers who have already placed orders for the right-hand drive Model […]

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Retail Asia06/03/2023

Tesla said it recalls 3,470 2022 through 2023 Model Y vehicles in the United States because bolts securing the second-row seatback frames may not have been securely tightened, according to a public filing. The National Highway Traffic Safety Administration (NHTSA) said a loose seat frame bolt may reduce seat belt system performance, increasing injury risks […]

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Retail Asia27/02/2023

Tesla Inc will suspend some production until the end of February as the electric-vehicle maker upgrades the facility to make a refreshed version of the Model 3 compact sedan, Bloomberg News reported on Wednesday. Tesla is developing a revamped version, codenamed “Highland”, of the Model 3, first launched in 2017, Reuters reported in November. The […]

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Retail Asia01/02/2023

Another wave of layoffs are coming at electric-car maker Tesla Inc in the next quarter, news website Electrek reported on Wednesday, citing a source familiar with the matter. Tesla is also going to freeze hiring, according to the report. The company did not immediately respond to a Reuters request for comment. Shares of Tesla rose […]

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Retail Asia31/01/2023

Tesla said quarterly deliveries fell short of market estimates on Monday, held back by ongoing logistical issues and growing demand concerns that rounded off a tumultuous 2022 for the Elon Musk-led firm. The company is still the world’s most valuable automaker even after losing 65% of its market value in 2022. Shares fell 8.5% to […]

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Retail Asia30/01/2023

Tesla’s aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, playing down concerns that a weak economy would throttle buyers’ interest. The company slightly beat Wall Street targets for fourth-quarter revenue and profit earlier on Wednesday despite a sharp decline in vehicle profit margins, and it sought […]

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Retail Asia30/01/2023

Tesla has come under fire from German union IG Metall and politicians over allegations by workers of unreasonable working hours and fears over speaking out at its Brandenburg plant, with some calling for inquiries into the carmaker. At its annual news conference, IG Metall, which has an office near the plant and says it is […]

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Retail Asia27/01/2023

A price war in electric vehicles started by market leader Tesla Inc has made it much more difficult for money-losing U.S. startups like Rivian Automotive Inc and Lucid Group Inc to grab share in an industry competing for shrinking consumer wallets. Tesla’s move last week to slash prices globally on its EVs by as much as […]

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Retail Asia23/01/2023

Tesla earns more money for every vehicle it sells than any of its global rivals. Now, Chief Executive Elon Musk is using that superior profitability as a weapon in the EV price war he started. Tesla, once one of the auto industry’s biggest money losers, has over the past year built a commanding lead over […]

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Retail Asia26/12/2022

The driver of a 2021 Tesla Model S involved in an eight-vehicle crash last month on San Francisco’s Bay Bridge told police he was in Full-Self Driving (FSD) mode which had malfunctioned, according to a police report made public Wednesday. The Thanksgiving Day crash on Interstate-80 near Treasure Island resulted in two juveniles being transported […]

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Retail Asia26/12/2022

Shares of Tesla Inc fell nearly 6% on Tuesday after a string of brokerages cut their price targets on the electric-vehicle maker’s stock, citing the risk from Elon Musk’s Twitter distraction. Tesla’s shares hit a more than two-year low of $140.86. Analysts say investors are worried that Musk may need to sell shares further to […]

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Retail Asia16/12/2022

Tesla has released a new over-the-air (OTA) update for the Model S and Model X which have 16GB RAM. This new update for the 2022 models, now adds some notable new features like the ability to play games from the Steam App Store with cloud synchronisation and support for Bluetooth game controllers while using the […]

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Retail Asia12/12/2022

Tesla Inc launched two electric vehicle (EV) models in Thailand on Wednesday, marking its first foray into the regional autos hub that has long been dominated by Japanese manufacturers. The launch of two EVs with prices ranging between 1.7 million baht to 2.5 million baht (($48,447 to $71,205) comes as Thailand makes a push for […]

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Retail Asia12/12/2022

Hyundai Motor Group and SK On said Thursday they will build a new battery manufacturing plant in the U.S. state of Georgia to supply the Korean automaker’s U.S. assembly plants. Hyundai Motor Group and SK On, the lithium-ion battery subsidiary branch of SK Innovation, recently signed a memorandum of understanding (MOU) for a new EV […]

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Retail Asia29/11/2022

According to four people with knowledge of the effort, Tesla is developing a revamped version of Model 3, as the top EV maker aims to cut production costs and boost the appeal of the five-year-old electric sedan. One focus of the redesign codenamed “Highland” is to reduce the number of components and complexity in the […]

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Retail Asia28/11/2022

You might wonder how Elon Musk got where he is today based on his uneven performance as Twitter’s new owner. His confusing and illogical changes to the verification checkmarks and his inability to make a decision and stick to it without changing his mind a few times does not inspire confidence in the guy as […]

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