Tesla is set to address an acceleration system issue in nearly all cars it has sold in China, amounting to around 1.1 million electric vehicles produced at its Shanghai plant
Tesla is set to address an acceleration system issue in nearly all cars it has sold in China, amounting to around 1.1 million electric vehicles produced at its Shanghai plant
In a fraud trial, Elon Musk was cleared of any liability for investors’ losses. He falsely claimed that he had obtained funding for a private Tesla buyout.
According to filings, Tesla suffered a loss of $140m (£113.5m), on its Bitcoin investments in 2022.
Elon Musk spent three more hours in the witness box, defending himself against a class action lawsuit. The lawsuit alleges that he misled Tesla shareholders by tweeting that he had
The price of used Teslas has fallen £5,000 over the last three months due to falling petrol and diesel prices. This is due to a slowdown in electric vehicle demand.
As the largest electric car manufacturer in the world, Tesla has reduced prices by a record £8,000 to reverse a slowdown.