Exclusive: Tesla readies revamped Model 3 with project 'Highland' -sources
Synopsis by Reuters Nov 28 22
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 ...Read full article
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| Last Updated | Nov 29 22 |
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Exclusive: Tesla readies revamped Model 3 with project 'Highland' -sources: Tesla (TSLA.O) is developing a revamped version of Model 3, according to four people ...
reuters.com/business/autos-transportation/tesla-readies-revamped-model-3-with-project-highland-sources-2022-11-28/
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 ... Show more reut.rs/3F5MmGr
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Exclusive: Tesla readies revamped Model 3 with project 'Highland' -sources: Tesla (TSLA.O) is developing a revamped version of Model 3, according to four people ...
reuters.com/business/autos-transportation/tesla-readies-revamped-model-3-with-project-highland-sources-2022-11-28/
Tesla quarterly deliveries fall for the first time in nearly four years: Tesla on Tuesday posted a decline in quarterly deliveries for the first time in nearly ...
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Quick Glance: Potential Risk: Tesla Stock Price Faces Dramatic Decline
- Per Lekander labels Tesla as the largest stock market bubble in modern history.
- He warns that the absence of growth endangers Tesla's stock price and poses a risk of collapse.
- Lekander forecasts a potential drop in the stock price to just $14 per share, reflecting a 91% decrease. He critiques Tesla's business model and highlights current demand challenges.
Exclusive: China's SAIC aims to slash jobs at GM, VW ventures and EV unit, sources say
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Tesla to lay off more than 10 percent of its workers as sales slow: "Cost reductions and increased productivity" needed, says Musk.
arstechnica.com/cars/2024/04/tesla-to-lay-off-more-than-10-percent-of-its-workers-as-sales-slow/
Elon Musk's fight with Brazil exposes his fear of China: Elon Musk is refusing to ban X accounts is response to an order from Brazil's courts.
businessinsider.com/elon-musk-moraes-brazil-china-freedom-of-speech-x-oppose-2024-4
Quick Glance: Elon Musk and the Support of Far-Right in Brazil
- A court in Brazil is planning an investigation against X owner Elon Musk for alleged obstruction of justice, following Musk's reactivation of accounts belonging to far-right individuals that were flagged by the Brazilian government for removal.
- Under Musk's leadership, X has transformed into a sanctuary for the far right and dissemination of misinformation, resulting in an escalation of hate speech on the platform.
- Experts caution that Musk is establishing a dangerous precedent by protecting and promoting the far right on his platform, regardless of local regulations or public opinion.
- Despite Musk's claims of advocating for free speech, the implementation of these principles on the platform has been inconsistent under his direction, especially concerning government requests to deactivate accounts.
How Tesla Planted the Seeds for Its Own Potential Downfall: Elon Musk’s factory in China saved his company and made him ultrarich. Now, it may backfire.
nytimes.com/2024/04/09/podcasts/the-daily/tesla-china-ev.html
Tesla's China-made EV sales edge up 0.2% y/y in March: U.S. automaker Tesla sold 89,064 China-made electric vehicles in March, a 0.2% increase from a year ...
reuters.com/business/autos-transportation/teslas-china-made-ev-sales-edge-up-02-yy-march-2024-04-02/
Tesla boss Elon Musk’s lay-offs mainly target sales staff, leaving production at Shanghai Gigafactory unaffected: sources
scmp.com/business/china-business/article/3259519/tesla-boss-elon-musks-lay-offs-mainly-target-sales-staff-leaving-production-shanghai-gigafactory
Tesla's Layoffs Won't Solve Its Growing Pains: The car company popularized EVs. Now, facing intense competition from China, it has to figure out what to do next.
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Tesla’s global job cuts include reducing staff in leading markets U.S., China: sources
theglobeandmail.com/business/international-business/article-teslas-global-job-cuts-include-reducing-staff-in-leading-markets-us/
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Tesla's Layoffs Won't Solve Its Growing Pains: The car company popularized EVs. Now, facing intense competition from China, it has to figure out what to do next.
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Elon Musk's Tesla Has Yet to Notify Regulators Regarding Robotaxi Venture: Tesla's robotaxi venture has yet to contact prominent state regulators for ...
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Why humanoid robots may be the 21st-century space race: The race to mass-produce humanoid robots is on, and China and the US are in the lead ...
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“China’s Apple” Xiaomi takes aim at Tesla with debut EV launch, as millions watch online
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China has a problem with electric cars, that's bad news for Elon Musk: Ongoing price wars and a faltering economy have dampened Chinese demand for electric cars ...
businessinsider.com/china-electric-cars-ev-elon-musk-tesla-byd-price-war-2024-4
Tesla China Price Hike Meets Slew of Cuts From Other Carmakers: China’s automakers are piling in to take advantage of Tesla Inc.’s recent price hike and defend ...
bloomberg.com/news/articles/2024-04-01/tesla-china-price-hike-meets-slew-of-cuts-from-other-carmakers
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Xiaomi founder takes on Tesla with against-the-odds electric car: Analysts remain split on whether Mr Lei's project will go beyond creating buzz to make money in ...
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Tesla recalls Cybertrucks over accelerator crash risk: The electric car company, run by Elon Musk, is recalling thousands of what is its latest vehicle.
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Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’: Billionaire says ‘there is nothing I hate more’ than cutting staff as more than ...
theguardian.com/technology/2024/apr/15/tesla-cut-jobs-elon-musk-staff
Tesla Cuts Prices by $2,000 as Sales Slow, Inventories Swell: Tesla Inc. cut the price of its best selling Model Y, the Model X and the Model S by $2 ...
bloomberg.com/news/articles/2024-04-20/tesla-cuts-prices-by-2-000-as-sales-slow-inventories-swell
Paid articlePaidQuick Glance: Tesla Reduces Prices by $2,000 in US, Model Y at Lowest Price Yet
- Tesla has lowered the prices of the Model Y, Model S, and Model X by $2,000 each in the US. Model 3 prices remain the same, as well as the prices of the newly released Cybertruck.
- Following disappointing quarterly delivery results, inventory levels have risen significantly. In response, Tesla has re-implemented temporary discounts on the Model Y after warning buyers of an upcoming price increase.
- All trims of the Model Y, along with the Model S and Model X, have been reduced in price. This results in the Model Y RWD starting at $42,990, the Model Y Long Range at $47,990, and the Model Y Performance at $51,490.
- Tesla's more expensive Model S and X vehicles also reflect lower prices. The Model S Long Range now begins at $72,990, and the Model X Long Range starts at $77,990.
Apple removes WhatsApp and Threads from China store under pressure from Beijing: Internet regulator orders delisting of two Meta-owned apps over ‘national ...
ft.com/content/17b0059b-14b5-42fa-a84f-7de7a05ac08a
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
Why Tesla wants to give Elon Musk $55 billion pay package: Tesla says Elon Musk's pay package is a "matter of fundamental fairness and respect to our CEO."
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Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
F1 Drivers Surprised by China Track That's Been 'Repainted, Not Resurfaced'
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Tesla shares tumble below $150 per share, giving up all gains made over the past year
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Quick Glance: Tesla Shares Plummet Below $150, Erasing Year's Gains
- Tesla's stock tumbled below $150 per share, erasing all gains made in the past year, reflecting falling sales and deep discounts to attract buyers.
- Shares of Tesla have fallen by 12.4% this week and over 39% this year, accompanied by a global staff reduction of 10% amounting to around 14,000 jobs.
- Tesla's stock hit an all-time high in November 2021 but sales plummeted last quarter due to increased competition and failed price cuts to bolster demand.
- Anticipated lower first-quarter earnings for Tesla raise concerns about potential catalysts to reverse the stock decline amidst uncertainties surrounding the release of a new affordable electric vehicle and strategic shifts within the company.
Walmart Is Poised to Overtake Tesla in Market Value. How the Retailer Got Here.: It’s a tale of contrasting fortunes: Walmart stock has steadily risen as some of ...
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Quick Glance: Elon Musk Postpones India Trip, Sources Say
- Tesla's CEO Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market, according to three people familiar with the matter.
- Musk was expected to announce an investment of $2 billion to $3 billion, mainly to build a factory in India, following the government's policy of lowering high tariffs on imported cars if companies invest locally.
- His planned Sunday arrival was set to follow two days after the start of India's national elections, where Modi is projected to secure a rare third term.
- Reasons for the trip postponement were not immediately disclosed, and neither Tesla nor Modi's office responded promptly to requests for comments.
Musk’s India Trip to See Breakthroughs for Starlink, Tesla: Days after Tesla Inc.’s largest-ever round of layoffs and hours before its quarterly earnings ...
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Tesla seeks to award Elon Musk $56bn pay package: The deal, if approved by shareholders and judges, would be the largest in corporate America.
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Mark Zuckerberg has passed Elon Musk as the world's third-richest person as Tesla stock hits new lows
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Musk Postpones India Visit, Citing Heavy Tesla Obligations: Elon Musk postponed a visit to India which would have included a meeting with Prime Minister Narendra ...
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China's technological development has run out of steam: Nina Xiang is managing director at TH Capital, an investment advisory and asset management firm ...
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Paid articlePaid Tesla Stock Is Rising as Selling Pressure Eases. Cathie Wood Is Buying.: Tesla stock has fallen 11% this month.
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Paid articlePaid Verstappen wins Chinese GP sprint race: Red Bull's triple world champion Max Verstappen won the first sprint race of the Formula One season at the Chinese Grand ...
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Quick Glance: Chinese Grand Prix: Drama for Verstappen's Victory March?
- The Chinese Grand Prix could bring drama to Formula 1, and Red Bull's Max Verstappen isn't a guaranteed winner.
- The track is unknown and coated with thin asphalt, causing uncertain driving conditions.
- McLaren's Lando Norris secured the pole for the sprint race after a rainy qualifying session that challenged drivers.
- Practices revealed unusual names at the top, hinting at an entertaining race ahead.
Asia’s central bankers struggle to contain strong US dollar: Shifting US interest rate expectations put pressure on Japan’s yen and China’s renminbi
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Tesla: With The Commoditization Of EVs Is Now An Overvalued Car Company: Tesla should now be treated as a regular car company due to competition in the EV and ...
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Paid articlePaid Tesla whistleblower in legal battle over braking-safety concerns: A former Tesla engineer is in a decade-long battle with the car company, owned by Elon Musk.
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Tesla lays off more than 10% of its workforce: Owner Elon Musk said it was a difficult decision to reduce Tesla's global headcount
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Wall Street wants answers from Elon Musk on Tesla's Model 2 car: Elon Musk has kept investors hanging since he issued cryptic social posts following an exclusive ...
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Tesla Is Recalling Thousands of Cybertrucks Over Scary Accelerator Fault: The pedal can get “trapped” on the truck’s interior trim, causing the vehicle to ...
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Paid articlePaid Cathie Wood’s ARKK Hits Five-Month Low as Tesla (TSLA) Drops on Job Cuts: Shares in Cathie Wood’s flagship fund slid to a five-month low as Tesla Inc. ...
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Paid articlePaid Tesla cancels some layoff separation agreements: Some laid off Tesla workers received a notification that their separation agreement had been canceled.
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Tesla layoffs continue as recruiters get cut: Former Tesla workers confirmed to BI that some recruiters were informed of the layoffs via a call on Friday morning ...
businessinsider.com/tesla-layoffs-continue-recruiters-2024-4
Tesla (TSLA) Recalls Almost 3,900 Cybertrucks to Repair Faulty Pedals: Tesla Inc. recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that ...
bloomberg.com/news/articles/2024-04-19/tesla-recalls-almost-3-900-cybertrucks-to-repair-faulty-pedals
Quick Glance: Tesla Cybertrucks Recall Issued
- Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.
- The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.
- An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.
- Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
Aston Martin's Stroll fastest in Chinese Grand Prix practice: Aston Martin's Lance Stroll lapped fastest in Friday's sole free practice session for the Formula ...
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Tesla Doesn't Want to Disclose How Many Harassment Cases It Faces: The Tesla board rejects a proposal to release an annual report on pending harassment and ...
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Tesla tries legal 'Band-Aid' to revive Musk's huge pay deal: Tesla and Elon Musk are seizing upon an obscure provision in corporate law to attempt to restore ...
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Nissan Looks to Tesla’s Style of Carmaking to Build Cheaper EVs: Nissan Motor Co. will use gigacasting, a manufacturing process pioneered by Tesla Inc. ...
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The Five Futures of Russia: And How America Can Prepare for Whatever Comes Next: And how America can prepare for whatever comes next.
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China’s big cities are sinking: Groundwater extraction and heavy skyscrapers are key factors in an accelerating trend
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What the union vote at Volkswagen means for Tesla: Friday's victory at Volkswagen in Tennessee represents a turning point for the United Auto Workers union as ...
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Tesla says 300 subcontracted workers let go in Germany: Tesla has let go of 300 temporary workers in Germany in keeping with their contract period ...
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Elon Musk Says This Is 'Blindingly Obvious.' Cathie Wood Keeps Buying.: Elon Musk took to X claiming it makes sense to focus on autonomous driving ...
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I relocated when Tesla asked. Then I was laid off.: A Tesla worker who was laid off says they tried to clock in and their phone said to contact IT.
businessinsider.com/laid-off-tesla-worker-story-after-relocating-2024-4
Musk’s next big payday matters more than his last: Yesterday’s paycheck is a poor guarantee of good work tomorrow. Electric-car maker Tesla is asking investors ...
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Elon Musk apologizes for 'incorrectly low' Tesla severance: report: The Tesla CEO told workers in an email that the mistakes were "being corrected immediately."
businessinsider.com/elon-musk-tesla-apologizes-severance-packagaes-layoffs-2024-4
Xiaomi says sales of its electric car 3-5 times higher than expected: Sales of Chinese smartphone maker Xiaomi's first electric car have been 3-5 times higher ...
reuters.com/business/autos-transportation/xiaomi-says-sales-its-new-ev-have-been-3-5-times-higher-than-expected-2024-04-18/
Are front license plates required for all vehicles in Sacramento? Your question answered
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Tesla’s newsy week, and is fintech having a moment?: It’s been more than a minute since Tesla went public, but the EV company was inescapable on TechCrunch this ...
techcrunch.com/2024/04/19/teslas-newsy-week-and-is-fintech-having-a-moment/
Tesla recalls all Cybertrucks due to dangerous defect exposed on social media: No software update can fix Tesla's latest Cybertruck blunder.
trib.al/vBbHweC
Tesla to lay off more than 10% of its staff, Electrek reports: Tesla will lay off more than 10% of its global workforce, an internal memo seen by Reuters on ...
reuters.com/business/autos-transportation/tesla-lay-off-more-than-10-its-staff-electrek-reports-2024-04-15/
Norris takes China sprint race pole from Hamilton: McLaren's Lando Norris seized pole position for the Chinese Grand Prix sprint race on Friday after a wet and ...
reuters.com/sports/formula1/norris-takes-china-sprint-race-pole-hamilton-2024-04-19/
What’s going on with the Cybertruck? Tesla seems to have halted deliveries - National | Globalnews.ca
trib.al/8FyfYOO
Quick Glance: Tesla Cybertruck: Pedal Safety Issues
- The Tesla Cybertruck has faced criticism for various issues, but now a serious safety concern with the accelerator pedal has led to the temporary halt of deliveries.
- A video and reports show that the pedal cover can come loose and jam, causing unintended acceleration even when the foot is not on the pedal.
- Deliveries have been halted, appointments rescheduled and canceled as Tesla investigates acceleration issues. A regulatory investigation looms over the company, potentially requiring a recall of all trucks.
- Some drivers have attempted to manually remove the pedal cover, indicating a potentially serious safety issue that cannot be resolved through software.
Some Tesla Factory Workers Realized They Were Laid Off When Security Scanned Their Badges and Sent Them Back on Shuttles, Sources Say
entrepreneur.com/business-news/tesla-workers-showed-up-to-work-didnt-know-were-laid-off/472814
Tesla asks shareholders to reapprove huge Musk compensation package: The proposals come amid a difficult stretch for Tesla, whose shares have fallen 37 percent ...
lemonde.fr/en/international/article/2024/04/18/tesla-asks-shareholders-to-reapprove-huge-musk-compensation-package_6668778_4.html
Tesla leaks new Model 3 Performance ‘Ludicrous’ details: Tesla has leaked some details about its elusive new Model 3 Performance ‘Ludicrous’ ...
electrek.co/2024/04/18/tesla-leaks-new-model-3-performance-ludicrous-details/
Tesla halves the price of its Full Self Driving (Supervised) subscription to $99 per month
engt.co/3Ufb2DO
Thinking of Getting a Tesla? Consider One of These Other EVs Before You Buy: The Tesla brand is a favorite among EV shoppers, but other automakers have excellent ...
cars.usnews.com/cars-trucks/advice/tesla-alternatives
Tesla Stock Could Hit A New 52-Week Low After Downgrade On 'Thesis-Changing' Shift
investors.com/news/tesla-stock-new-52-week-low-after-downgrade-on-thesis-changing-shift/
Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo: Tesla will lay off more than 10% of its global workforce, according to a memo sent ...
cnbc.com/2024/04/15/tesla-shares-dip-in-premarket-trade-on-global-layoff-reports.html
Germany’s Leader, Olaf Scholz, Walks a Fine Line in China: Chancellor Olaf Scholz tried to promote German business interests while delivering warnings from ...
nytimes.com/2024/04/16/world/asia/olaf-scholz-germany-china.html
Quick Glance: Scholz Organizes Crisis Diplomacy in China
- Scholz condemns Iran's attacks on Israel and plans crisis communication with G7 partners.
- China trip focusing on economy and geopolitical role, despite dilemma in relations.
- Business delegation accompanies Scholz, de-risking in other countries, export wave heading towards Germany.
- Scholz aims to influence China regarding Ukraine conflict and Iran crisis, despite existing dependencies.
Tesla Stock Breached Support. This Is Where It’s Headed.: Tesla stock closed below technical support levels at about $164 a share on Monday ...
barrons.com/articles/tesla-stock-support-levels-9cdc4061
Paid articlePaid Tesla is reportedly laying off more than 10 percent of its workforce: According to an internal memo seen by Reuters, Tesla is about to lay off more than 10 ...
engt.co/3PYupyI
Tesla’s One Big Problem, and How to Solve It: Tesla is finding it a lot harder to sell its cars these days. If CEO Elon Musk doesn’t take the problem seriously ...
on.barrons.com/3Un0z9G
Elon Musk apologizes to laid-off Tesla employees for severance error: In a brief email, the CEO assured the company was working to remedy the mistake.
sfchronicle.com/tech/article/elon-musk-apologizes-tesla-severance-packages-19410249.php
A 605 MW PV plant in Germany is now Europe’s largest solar farm: A 605-MW project in Germany has claimed the title of Europe's largest solar farm ...
electrek.co/2024/04/12/germany-europe-largest-solar-farm/
Elon Wants His Money Back: Tesla to Texas, banker breakup fees, Destiny Tech100 and WhatsApp at the SEC.
bloomberg.com/opinion/articles/2024-04-17/elon-wants-his-money-back
Paid articlePaid Elon Musk says Tesla needs a 'complete organizational overhaul' : "That said, our executive tenure is unusually high at well over 10 years at Tesla ...
businessinsider.com/elon-musk-says-tesla-needs-a-complete-organizational-overhaul-2024-4
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Temporary workers initially affected: Tesla separates from 300 employees in Germany
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Tesla worker laid off weeks after joining says he can't pay rent: A man told KVUE that he was hired to work at Tesla's Texas plant a few weeks ago ...
businessinsider.com/tesla-worker-laid-off-ev-transport-texas-rent-2024-4
Some Tesla workers get badge scan, realize layoff: Tesla told staff it doing layoffs on Sunday night, but some workers realized they were out of a job when ...
businessinsider.com/tesla-factory-workers-discover-laid-off-security-badge-scans-sources-2024-4
Musk needs to explain Tesla layoffs amid 'horror show': Dan Ives: Tesla's layoffs are adding to the "horror show" investors have been dealing with in recent ...
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As EVs surge, warning signs grow for Tesla | Analysis: The world’s largest electric carmaker on Monday told employees it would lay off more than 10% of its ...
nytimes.com/2024/04/16/climate/has-tesla-peaked.html
Tesla halts Cybertruck deliveries due to 'unexpected delay': Tesla has halted Cybertruck deliveries, telling owners that there has been an "unexpected delay ...
engt.co/4cZVfjU
Tesla discloses it spent $200,000 advertising on X: Here’s one advertiser that social media platform X doesn’t have to worry about losing because it’s turned off ...
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Tesla ditches EV inventory discounts to ‘streamline’ sales and delivery: Tesla has ended discounts on inventory across its electric vehicle lineup — even as ...
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Tesla (TSLA) Model 2 Is Crucial to Investment Thesis, David Baron Says: A prominent Tesla Inc. investor on Wall Street warns his bullish case would be in ...
bloomberg.com/news/articles/2024-04-18/tesla-tsla-bull-david-baron-warns-ditching-cheaper-model-2-thesis-changing
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GMC's new electric pickup range will beat the Cybertruck by 100 miles: GMC increased the range for its new Sierra Denali to 440 miles, making it among the ...
businessinsider.com/gmc-sierra-ev-denali-electric-pickup-range-vs-tesla-cybertruck-2024-4
We know more about where Tesla is slashing jobs: Tesla laid off 280 workers at its facility in Buffalo, New York, according to a regulatory filing in New York.
businessinsider.com/where-tesla-elon-musk-slashing-jobs-buffalo-new-york-2024-4
Red Bull won't rush to announce 2025 driver lineup, Horner says: Red Bull is not in a rush to announce its driver line-up for 2025, team boss Christian Horner ...
reuters.com/sports/formula1/red-bull-wont-rush-announce-2025-driver-lineup-horner-says-2024-04-19/
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