August 19, 2022

Noted Tesla Analyst Sees Auto Pricing Power Shift From Dealers Toward Suppliers

A sign is posted in front of a Tesla service center in Fremont, Calif., on April 20, 2022. (Justin Sullivan/Getty Images) Long-lasting global auto semiconductor chip shortages could ease sooner than expected on the back of strong foundry shipments, consumer electronics slowdown and China re-opening, Morgan Stanley analyst Adam Jonas said on Tuesday. What Happened…

Judge Gives Former Tesla Worker a Deadline to Accept $15 Million Payout Over Racism

The logo of car manufacturer Tesla is seen at a branch office in Bern, Switzerland, on Oct. 28, 2020. (Arnd Wiegmann/Reuters) A federal judge on Tuesday gave a Black former elevator operator at Tesla Inc. two weeks to decide whether to accept $15 million in damages over racial abuse at the electric car company, far…

WATCH: Asleep at Wheel Tesla Driver Hits Sidewalk, Narrowly Misses Police Dispatchers

A car barely missed two police dispatchers when it flew down a sidewalk in Hamlin, Texas, on Wednesday and the harrowing moment was caught on camera. ‚ÄúPolice Chief Bobby Evans tells us that the driver of the tesla had fallen asleep at the wheel as he was coming into town,‚ÄĚ KTXS reported on Thursday. Video…

Tesla Supplier Looks to Invest $5B on EV Batteries, Supply Chain Software

The logo of Japan’s Panasonic is displayed in Tokyo, on May 10, 2021. (Philip Fong/AFP via Getty Images) Tesla Inc. battery supplier¬†Panasonic Corp.¬†looked to invest¬†¬•600 billion ($4.9 billion) in automotive batteries, supply chain software, and other areas it considered core to its growth. Panasonic looked to invest ¬•400 billion in growth segments, including electric-vehicle cells,…

Tesla Extends Shanghai Plant Suspension Amid Lockdown

Tesla’s China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China, on Jan. 7, 2020. (Aly Song/Reuters) SHANGHAI‚ÄĒTesla is extending a production halt at its Shanghai factory for at least one day, an internal notice seen by Reuters showed. The Shanghai factory, located in the Pudong district east of…

Sorry, Papa Pete: Tesla Raises Prices on All Models After Buttigieg Suggests Buying an EV to Combat Pain at the Pump

Elon Musk‚Äôs Tesla has increased the prices of its entire lineup of electric vehicles shortly after¬†Transportation Secretary Pete Buttigieg promoted electric cars as a solution to high gas prices. The Verge reports¬†that Tesla has raised prices across its entire vehicle lineup by between 5 and 10 percent. The cheapest Tesla vehicle, the Model 3 Rear-Wheel…

Elon Musk Can’t Get Enough of China: Tesla Plans to *Double* Production in Communist Country

A recent report claims that Tesla plans to start the development of a new facility in Shanghai as soon as next month, more than doubling its production capacity in China. Elon Musk has frequently praised China‚Äôs genocidal communist regime. In one meeting with the government, Musk said ‚ÄúI love China very much and I am…

Here's why a SpaceX astronaut bought a Ford instead of a Tesla

Sian Proctor made history in September she became the first Back female pilot of a spacecraft during a SpaceX mission, but she won’t be flying around on Earth in one of Elon Musk’s Teslas. Sian Proctor¬†was ferried to the launch pad in a Tesla Model X. (Joe Raedle/Getty Images) The geoscientist, who was a member […]

Report: Tesla Crashes in China After Accelerating by Itself

A Tesla in Chengdu, China, reportedly crashed against a column in a parking structure after accelerating by itself. China‚Äôs state-run media outlet, the Global Times, reported in a recent article¬†that a tesla in Chengdu, China, crashed against a column in a car park on May 25 after accelerating by itself. Tesla claimed that no fault…

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