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Retail Asia17/06/2022

Tesla Inc reported 273 vehicle crashes since July involving advanced driving assistance systems, more than any other automaker, according to data U.S. auto safety regulators released on Wednesday. Automakers and tech companies reported more than 500 crashes since June 2021, when the National Highway Traffic Safety Administration (NHTSA) issued an order requiring the information. Two […]

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Retail Asia13/06/2022

The National Highway Traffic Safety Administration said on Thursday it has asked Tesla Inc for information about a recent 2021 Tesla Model Y fire in Vancouver, British Columbia, in which a driver reported struggling to exit. The NHTSA told Reuters the agency “is aware of the incident and has reached out to the manufacturer for […]

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Retail Asia06/06/2022

Tesla Inc is delaying U.S. deliveries of certain long-range models by up to a month, its website showed on Wednesday, as the electric-car maker tries to steer itself through supply-chain issues and disruptions in China operations. New orders for Model Y will be delivered between December and March, Model 3 between September and December, and […]

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Retail Asia03/06/2022

“Tesla AI Day pushed to Sept 30, as we may have an Optimus prototype working by then,” he wrote on Twitter, almost two weeks after he announced the date of Aug. 19. Optimus is a humanoid robot that Tesla is working on priority. Musk has previously said that it could be launched next year. “Optimus […]

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Retail Asia01/06/2022

Tesla has often bashed Apple with Elon Musk claiming that the Cupertino-based tech giant is a graveyard of ex-Tesla engineers. Tesla has also famously not adopted Apple’s phone streaming technology called CarPlay, but Elon Musk could be warming up to the idea of Apple’s Airplay audio streaming technology which works over Wi-Fi for gadgets like […]

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Retail Asia31/05/2022

The National Highway Traffic Safety Administration said on Thursday it has asked Tesla for information about a recent 2021 Tesla Model Y fire in Vancouver, British Columbia, in which a driver reported struggling to exit. The NHTSA told Reuters the agency “is aware of the incident and has reached out to the manufacturer for information.” […]

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Retail Asia23/05/2022

An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla Inc from the widely followed S&P 500 ESG Index because of issues including claims of racial discrimination and crashes linked to its autopilot vehicles, and Tesla CEO Elon Musk responded with harsh tweets including that “ESG is a scam”. […]

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Retail Asia23/05/2022

Tesla Inc top boss Elon Musk said on Tuesday the electric-car maker will host its second artificial intelligence day on Aug. 19, with the company likely to expand on plans to fine-tune its self-driving technology. “The purpose of AI Day is to convince great AI/software/chip talent to join Tesla,” the billionaire said in a tweet. […]

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Retail Asia10/05/2022

Tesla Inc halted production at its Shanghai plant on Monday due to issues with securing parts for its electric vehicles, two people familiar with the matter said, the latest in a series of difficulties for the factory. Shanghai is in its sixth week of an intensifying COVID-19 lockdown that has tested the ability of manufacturers […]

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Retail Asia06/05/2022

The Tesla CEO is using his newly acquired toy, Twitter, to criticize passive investing. Elon Musk joined a conversation on Twitter, which he recently acquired for $44 billion, initiated by venture capitalist Maro Andreessen. On the thread, the latter posited that firms like BlackRock have too much influence over companies given their outsized holdings in passive funds tracking […]

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Retail Asia28/04/2022

Tesla Inc Chief Executive Officer Elon Musk tweeted on Friday that the electric carmaker will raise the U.S. price of its advanced driver assistant software dubbed “Full Self Driving” to $12,000 on Jan. 17. The 20% price rise comes less than two years since Tesla raised Full Self-Driving (FSD) prices to $10,000 from $8,000 in […]

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Retail Asia18/04/2022

Tesla VW and SAIC are among several companies that are looking to get production back up and running at their Shanghai facilities after almost three weeks of COVID-19 related shutdowns. The news comes following Beijing having drawn up a “whitelist” of companies prioritised to re-open or keep operations going in Shanghai. The list included a […]

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Retail Asia11/04/2022

Electric carmaker Tesla will make a “dedicated” self-driving taxi that will “look futuristic,” Chief Executive Elon Musk said on Thursday, without giving a timeframe. The 50-year-old billionaire, wearing a black cowboy hat and sunglasses, made the comments at the opening of Tesla’s $1.1 billion factory in Texas, which is home to its new headquarters. “Massive […]

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Retail Asia05/04/2022

Billionaire Elon Musk, CEO of SpaceX and Tesla, has recently acquired a three billion dollar Twitter stake, which equates to about 9.2% of the social media company, or 73,486,938 Twitter shares. The news comes from a US securities filing, and according to the BBC, the acquisition, which reportedly happened on March 14, has now resulted in Twitter’s shares […]

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Retail Asia01/04/2022

LG Energy Solution (LGES), a supplier for electric car makers Tesla and Lucid, said on Thursday in Korea it plans to invest 1.7 trillion Korean won ($1.4 billion) to build a battery factory in Arizona by 2024 to meet demand from “prominent startups” and other North American customers. This will be its first U.S. factory […]

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Retail Asia31/03/2022

Australia’s University of Queensland (UQ) on Wednesday said it would recruit Tesla Inc car owners around the world to analyze if the vehicle’s spare battery capacity could support the energy grid and even power homes in the future. The university has partnered with analytics platform Teslascope for the research project, which it said would be […]

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Retail Asia28/03/2022

Tesla Inc Chief Executive Officer Elon Musk is giving “serious thought” to building a new social media platform, the billionaire said in a tweet on Saturday. Musk was responding to a Twitter user’s question on whether he would consider building a social media platform consisting of an open-source algorithm and one that would prioritize free […]

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Retail Asia17/03/2022

Tesla raised its prices in China and the United States for the second time in less than a week, after CEO Elon Musk said the U.S. electric carmaker was facing significant inflationary pressure in raw materials and logistics. The increases come as costs of raw materials are surging, exacerbated by supply chain disruptions following Russia’s […]

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Retail Asia07/03/2022

Tesla Inc received a conditional go-ahead for its German gigafactory near Berlin on Friday, the state of Brandenburg said, ending months of delay for the 5 billion euro ($5.5 billion) landmark plant. The gigafactory, which is crucial to Tesla Chief Executive Elon Musk’s ambitions to vanquish European market leader Volkswagen, was initially supposed to open […]

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Retail Asia21/02/2022

Tesla Inc’s ability to quickly issue safety patches via remote software updates is an approach other automakers eye enviously, but that also carries risk as cars become more like rolling computers. Investors have awarded Tesla’s leadership on in-car software with a market value of $905 billion that dwarfs traditional carmakers, many of which are now […]

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