In a new SEC filing this Monday, eight shareholders filed a form with the SEC urging the voting against Tesla CEO Elon Musk's compensation plan and also on the reelection of Kimbal and James Murdoch to the board.
Tesla has started rehiring some of the nearly 500 members of its Supercharging team that were laid off in April, according to sources familiar with the matter cited by Bloomberg.
The upcoming week can see tariffs on clean-energy goods from China increasing as much as 400 percent. When it comes to the tariffs on electric vehicles manufactured in China, US officials expect to raise the tariff rate from 25 percent to nearly 100 percent, sources told WSJ.
Tesla has named Bonne Eggleston as the new head of its 4680 battery department, according to a report from Chinese media LatePost which was meanwhile confirmed by the Tesla employee.
Protestors are storming Tesla's Gigafactory near Berlin on Friday, in a five-day protest against the carmaker's regional expansion. Tesla CEO Elon Musk reacted to the protests questioning the absence of arrests for the activists trespassing on the company's property.
Hundreds of activists are converging at the Tesla factory GigaBerlin in Grünheide on Friday, with some attempting to breach the factory premises. The German police have made several arrests in their efforts to prevent unauthorized entry.
According to an interview with Bloomberg, BP Pulse's electric vehicle charging arm is poised to take over Tesla Inc.'s supercharging sites across the US, along with their workforce, and has pledged $1 billion to expand its network.
The Biden administration is poised to unveil fresh tariffs on China next week, with a focus on key sectors such as electric vehicles, batteries, and solar cells, diverging from Trump's broad tariff approach.
According to an interview with Bloomberg, BP Pulse's electric vehicle charging arm is poised to take over Tesla Inc.'s supercharging sites across the US, along with their workforce, and has pledged $1 billion to expand its network.
Donald Trump, the Republican presidential candidate running against Biden in the upcoming presidential election on November 5th, pledged to overturn many of the Biden administration's environmental regulations.
In an interview at the Financial Times Car Summit on Wednesday, Lucid CEO and CTO Peter Rawlinson said the company will not focus on developing an affordable model but on energy density technology instead.
In late April, Lin Bin, co-founder of Xiaomi, tested Tesla's full self-driving (FSD) software V12 in the United States. In post on Chinese social media Weibo, he expressed being very impressed, stating that the driving felt "like a human driver".
Tesla's Head of Product Rich Otto announced on Wednesday that he has resigned in the first days of May after nearly 7 years at the company.
In an interview at the Financial Times Car Summit, in London, Lucid CEO and CTO Peter Rawlinson said electric vehicle manufacturers from China are "many years behind Tesla" despite admitting "they're a lot better than they've been".
Tesla plans to expand Giga Berlin’s premises by 170 hectares, doubling the facility's production capacity to 1 million units a year. Despite this ambition, residents of the German town of Grünheide voted against the expansion in a survey earlier this year.
On Tuesday, weekly car insurance data for China was released, indicating that Tesla sold 11,000 vehicles in the country from April 29 to May 5. This includes 600 units of the revamped Model 3, with the remaining 10,400 units being Model Y.
Tesla started a new round of layoffs warning some of its teams that May 5 marked their last day at the company. From Friday until Sunday, the company sent out an email informing the teams about their final employment day although the scale of the reduction is yet unknown.
According to data released by the German Federal Motor Transport Association, April saw the registration of 243,102 passenger cars, with 29,668 being fully electric.
Tom Zhu, Tesla's Senior Vice President of Automotive, is set to return to China as Vice President for the market, as reported by automotive bloggers on Chinese social media platform Weibo on Monday.
On Friday, Tesla began delivering the recently unveiled Model 3 Performance in Germany marking the first units to reach Europe. Earlier in the week, several thousand units were shipped from Tesla's Gigafactory in the Chinese city of Shanghai to Europe via the Shanghai Nangang Terminal.
S&P Global reiterated on Wednesday its "BBB" credit rating for Tesla as it expects the company to maintain low debt while defending its "strong market share, profitability, and liquidity".
Tesla chief executive Elon Musk emailed Executives on Monday evening warning that the company needs "need to be absolutely hard core about headcount and cost reduction" as layoff continues.
On Tuesday, the weekly car insurance figures for China from April 22 to 28 were published, showing a notable surge for most automakers compared to the previous week.
Tesla chief executive Elon Musk emailed Executives on Monday evening warning that the company needs "need to be absolutely hard core about headcount and cost reduction" as layoff continues.
The chief executive of Xpeng, He Xiaopeng, reacted on Weibo to the recent developments of Tesla's advanced assisted driving software in China. Xiaopeng predicts that the new decade will be focused on smart cars adding that Tesla has "very good autonomous driving technology".
Tesla showcased the capabilities of its Full Self-Driving (FSD) software to an official from the Swedish Transport Administration in Germany, marking the first official use of the assisted driving software in Europe.
Tesla showcased the capabilities of its Full Self-Driving (FSD) software to an official from the Swedish Transport Administration in Germany, marking the first official use of the assisted driving software in Europe.
Tesla disclosed its first-quarter earnings results on Tuesday, falling short of expectations. Nonetheless, in premarket trading, the stock is surging by 12 percent to $162 per share as investors embraced the earlier-than-anticipated schedule for more cost-effective models.
China's weekly car insurance data for the period of April 15 to 21 was released on Tuesday, revealing that passenger car sales soared to 354,000 units. New energy vehicles (NEVs) maintained their 47% market share, consistent with the previous week, with a total of 159,000 units sold.
