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
Tweet: Elon Musk “not guilty” of fraud following Tesla sale
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.
Tesla’s Elon Musk lost $140m to Bitcoin in 2022
According to filings, Tesla suffered a loss of $140m (£113.5m), on its Bitcoin investments in 2022.
Musk defends himself in Tesla tweet trial for three hours
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
Price of used Teslas drops £5,000 as EV’s interest wanes
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.
Tesla reduces prices by a record £8k in battle against sales slowdown
As the largest electric car manufacturer in the world, Tesla has reduced prices by a record £8,000 to reverse a slowdown.
Local health officials state that Covid has infected 90% of Chinese province residents
According to data from central Henan’s health commission, 88 million people may have been infected with the virus.
China’s great migration, first day of “chun yun” kicks-off under shadow of COVID
China marked Saturday the beginning of “Chun Yun”, the 40-day period for Lunar New Year travel in China. This was pre-pandemic the largest annual migration of people worldwide.
China in talks with Pfizer to create generic Covid drug
Three sources confirmed to Reuters that China is currently in negotiations with Pfizer Inc for a license that will allow Chinese drugmakers to produce and distribute a generic version of
Tesla cars 40pc cheaper in China than USA
Tesla shares are in a slump as the automaker continues to reduce prices in China’s increasingly competitive electric car market.
Many Chinese return to normal activity after COVID infection
People in China’s major cities of Beijing, Shanghai, and Wuhan braved the cold to resume regular activity Monday. They were optimistic about the economic recovery of more people who have