EV maker Tesla Inc. announced plans to recall 1.85 million vehicles due to a problem with hood latch. The issue is software related so it will be resolved with an over-the-air update. To get more details, go to Headlight.News.
Tesla news
Investors Unhappy with Tesla’s Results, Musk’s Explanation
Tesla’s second quarter results reflected the tough times the EV maker’s experiencing now that there is more competition and other issues impacting sales. While the company’s overall revenue rise slightly, its net income and automotive operations revenue took massive hits. Moreover, CEO Elon Musk doesn’t seem too bothered by the numbers. Get details at Headlight.News.
Tesla Takes a Q2 Hit Due to Automotive Business
EV maker Tesla reported its overall revenue increased slightly in the second quarter, but it wasn’t because of its automotive operations, which fell 7%. The company reported net income and adjusted earnings were down year-over-year as well. Get the details at Headlight.News.
Tesla Looks to Drum Up Sales With New Long-Range Model 3 Variant
Back-to-back quarterly sales drops seems to have CEO Elon Musk’s attention. Always looking for ways to bolster deliveries, Tesla’s offering a new long-range variant of the Model 3 sedan. Get details at Headlight.News.
Analysts Predict Tesla Deliveries to Drop for Second Straight Quarter
Electric vehicle sales have been pretty steady as a group, but that’s in large measure due to Tesla, the segment leader, seeing sales drop since the start of the year. Analysts predict Tesla’s global deliveries will drop at least 3% during Q2 while other EV makers are making gains. Find out more at Headlight.News.
Elon Musk Wins Shareholder Battle To Keep His Compensation Plan
Elon Musk celebrates yes vote by Tesla shareholders that secures his record-setting compensation plan after a judge in Delaware voided the proposed pay package in January.
Tesla Recalling 125K Vehicles Due to Seat Belt Issue
EV maker Tesla announced plans to recall more than 125,000 vehicles due to a problem with the seat belt warning system. The malfunction can cause the system to fail, increasing the risk of injury in a crash. Get details at Headlight.News.
Tesla Caps Off Rough Week With Hiring Freeze, Move Follows Massive Layoffs
Tesla embarks on company wide hiring freeze as the EV maker struggles with mounting investigations, slumping demand, and a decrease in profits.
Tesla Faces Two Front Fight as it Confronts Protestors at Berlin Gigafactory and German Labor Unions
Tesla face new challenges from unions and environmentalists as the company’s sales and reputation begin to slip in Europe amid the expanding conflicts in Scandinavia and Germany.
Tesla Gets Go From China to Launch Full Self-Driving Tech, Sending Stock Soaring
Tesla CEO Elon Musk scored a much-needed win during a surprise trip to China over the weekend, a top Chinese official giving the automaker approval to launch its Full Self-Driving technology in the country’s massive car market. The news sent Tesla stock soaring – but also drew concerns coming days after a damaging assessment of Tesla’s original Autopilot system by U.S. regulators.
Tesla Autopilot Has Critcal Safety Gap, Federal Investigation Links Feature To Hundreds Of Crashes
NHTSA closes three year investigation into Tesla’s Autopilot feature after the company announced a recall in December. Agency states the system has critical safety gap that contributed to hundreds of incidents and a growing tally of fatalities.
Tesla Falls Short in First Quarter, Sees Profit Drop 55%
For the first quarter of this year, Tesla delivered fewer vehicles and made less money than it did at this time last year. The company’s net income fell 55% and revenue slid 9% despite EV sales being up for other automakers during the period. Get details at Headlight.News.