Federal highway safety investigators want Tesla to tell them how and why it developed the fix in a recall of more than 2 million vehicles equipped with the company's Autopilot partially automated driving system. Investigators with the U.S. National Highway Traffic Safety Administration have concerns about whether the recall remedy worked because Tesla has reported 20 crashes since the remedy was sent out as an online software update in December. The recall fix also was to address whether Autopilot should be allowed to operate on roads other than limited access highways...

U.S. automaker Tesla sold 62,167 China-made electric vehicles in April, down 18% from a year earlier, China Passenger Car Association (CPCA) data showed on Tuesday. Tesla's China-made cars are also exported to various markets including Europe and the CPCA didn't provide a breakdown of Tesla exports by destination. China's new-energy vehicle sales including battery-powered EVs and plug-in hybrids were estimated to hit 800,000 units in April, up 33% on the year and a 2% drop from the month before, according to CPCA data...

U.S. auto safety investigators are seeking detailed answers and documents from Tesla in a probe into the automaker's December recall of more than 2 million vehicles to install new Autopilot safeguards. The National Highway Traffic Safety Administration (NHTSA) said last month it was investigating after receiving reports of 20 crashes involving vehicles that had the Autopilot software updates installed under Tesla's recall. Tesla said in December its largest-ever recall covering 2.03 million U.S. vehicles - or nearly all of its vehicles on U.S. roads - was to better ensure drivers pay attention when using its advanced driver assistance system...

Futures tracking the S&P 500 and Dow edged higher on Tuesday, ahead of quarterly results from Walt Disney, while expectations of the Federal Reserve's interest rate cuts this year helped support market sentiments. The three main U.S. stock indexes closed at their strongest level in more than three weeks on Monday, after a weaker-than-expected labor market report last week fueled bets that the U.S. central bank will ease monetary policy later this year...

Central to the investment thesis in Tesla now is successful execution of full self-driving, or FSD, rollout. Find out why I remain bullish on TSLA stock...

It's good practice for investors to think beyond the Mag Seven, say the CEOs of Apollo and Avenue Capital Group...

WASHINGTON (Reuters) -U.S. auto safety investigators are seeking detailed answers and documents from Tesla in a probe into the automaker's December recall of more than 2 million vehicles to install new Autopilot safeguards. The National Highway Traffic Safety Administration (NHTSA) said last month it was investigating after receiving reports of 20 crashes involving vehicles that had the Autopilot software updates installed under Tesla's recall. Tesla said in December its largest-ever recall covering 2.03 million U.S. vehicles - or nearly all of its vehicles on U.S. roads - was to better ensure drivers pay attention when using its advanced driver assistance system...

Elon Musk’s recent surprise trip to China paid off handsomely. Beijing’s tentative backing for Tesla’s “Full Self-Driving” technology kicked off the sharpest one-day percentage gain the stock had seen in more than three years. Tesla will partner with Chinese search giant Baidu on mapping and navigation...