Tesla has announced a recall of 2,431 of its recently launched Cybertruck pickups in the US, citing a potential risk of drive power loss which could heighten the chance of crashes.
The electric automaker's shares jumped 8.2% to $321.22, catapulting the company's valuation above the trillion-dollar mark for the first time in more than two years.
Tesla CEO Elon Musk recently introduced the Cybercab, the company's new robotaxi prototype, at an event titled 'We, Robot' in Burbank, California. The vehicle is fully autonomous, designed without a steering wheel or pedals, and operates using artificial intelligence (AI) and cameras instead of lidar sensors commonly used by competitors, according to Musk.
Tesla is working on four new battery designs, including ones for its upcoming Cybertruck and robotaxis, according to a recent report by The Information. As per the report, this plan is part of a broader strategy to reduce reliance on suppliers and cut costs.
Tesla is officially recalling 125,227 vehicles in the United States, as per a recent announcement by the US National Highway Traffic Safety Administration. The cited reason for this mass recall is a seat belt warning system malfunction, which could potentially increase the risk of injuries in collisions.
Elon Musk said Tesla would invest over $500 million this year to install new superchargers, just days after a report of massive layoffs
Elon Musk's recent visit to China has stirred significant interest and speculation, drawing attention to the purpose and implications of his journey. Musk's visit, the details of which were mostly kept secret, was primarily aimed at the rollout of Tesla's Full Self-Driving (FSD) software in China, as well as receiving necessary permissions for data transfer regulations.
Tesla received a key security clearance from China during Elon Musk's whistlestop visit to the world's biggest electric car market, which wrapped up on Monday
Tesla has reported a 55% decline in profits to USD 1.13 billion for the first quarter (Q1), marked by a lengthy electric vehicle (EV) price-cutting strategy and various obstacles affecting the automaker's financial performance.
Tesla has announced a recall of 2,431 of its recently launched Cybertruck pickups in the US, citing a potential risk of drive power loss which could heighten the chance of crashes.
The electric automaker's shares jumped 8.2% to $321.22, catapulting the company's valuation above the trillion-dollar mark for the first time in more than two years.
Tesla CEO Elon Musk recently introduced the Cybercab, the company's new robotaxi prototype, at an event titled 'We, Robot' in Burbank, California. The vehicle is fully autonomous, designed without a steering wheel or pedals, and operates using artificial intelligence (AI) and cameras instead of lidar sensors commonly used by competitors, according to Musk.
Tesla is working on four new battery designs, including ones for its upcoming Cybertruck and robotaxis, according to a recent report by The Information. As per the report, this plan is part of a broader strategy to reduce reliance on suppliers and cut costs.
Tesla is officially recalling 125,227 vehicles in the United States, as per a recent announcement by the US National Highway Traffic Safety Administration. The cited reason for this mass recall is a seat belt warning system malfunction, which could potentially increase the risk of injuries in collisions.
Elon Musk said Tesla would invest over $500 million this year to install new superchargers, just days after a report of massive layoffs
Elon Musk's recent visit to China has stirred significant interest and speculation, drawing attention to the purpose and implications of his journey. Musk's visit, the details of which were mostly kept secret, was primarily aimed at the rollout of Tesla's Full Self-Driving (FSD) software in China, as well as receiving necessary permissions for data transfer regulations.
Tesla received a key security clearance from China during Elon Musk's whistlestop visit to the world's biggest electric car market, which wrapped up on Monday
Tesla has reported a 55% decline in profits to USD 1.13 billion for the first quarter (Q1), marked by a lengthy electric vehicle (EV) price-cutting strategy and various obstacles affecting the automaker's financial performance.
The Chinese market alone is crucial: it’s the world’s biggest with sales of 22 million vehicles last year, according to the China Passenger Car Association
