Tag TSLA

As artificial intelligence becomes the new horsepower for car buyers, established automakers are redoubling efforts to match the digital features that set Tesla, BYD and other new rivals apart, industry executives and analysts said at the CES technology show in Las Vegas. More than a decade after Tesla debuted cars with software that could be upgraded over the air like a smartphone, established automakers are still running behind in efforts to develop what the industry calls "software-defined vehicles," industry executives said this week. Not so long ago, automakers boasted about horsepower and towing capabilities in their cars and pickups, but in the fast-changing world of technology that now dominates the auto industry, software-driven enhancements are prominent in consumers' minds...

The latest iteration of the all-electric Model 3 sedan rolling out in the U.S. received upgrades on both the outside and inside, Elon Musk-run Tesla said Tuesday night...

Every established auto maker updates winning models every few years, but the EV company hadn’t done so on a large scale. Until now...

After waiting for several long months, Tesla finally gave its US and Canadian-based buyers and fans the updated Model 3 they have all been waiting for, with a price that remains unchanged...

We've also got an investor's look at Duolingo and Spotify...

Cox Automotive said on Tuesday that Americans bought 317,168 battery-electric vehicles in the fourth quarter, up 40% from 225,865 a year ago. BEVs accounted for roughly 8% of all new car sales in the fourth quarter and between 7% and 8% of the total in 2023. The company accounted for about 51% of all BEV sales, increasing its market share by about 1 percentage point compared with the third quarter...

Elon Musk, recognized for his pivotal roles in SpaceX and Tesla Inc., has consistently expressed a preference for focusing on product development and technology rather than corporate leadership. Despite his position as a renowned CEO, Musk never aspired to be one. His journey to becoming an influential figure in 21st-century business reflects a man driven more by a passion for innovation and technological advancement than by a desire for corporate dominance. Don't Miss: Airbnb was worth $47 bill...

Does legacy matter when it comes to to electric vehicles? The answer may be good news for young EV makers...

The updated Tesla Model 3 is now on sale in North America, the EV giant said Tuesday night. Tesla stock edged lower...

Renault is banking on new models and a price cut for its Megane model to help in its battle against U.S. rival Tesla Inc on its home turf, a senior official for the French carmaker told Reuters on Wednesday. "The Renault brand's main focus in 2024 is to go back on the offensive in the electric segment, since we're currently second," said Ivan Segal, Renault brand's sales director for France. A pioneer in the electric vehicle (EV) market alongside alliance partner Nissan in the past, Renault has been overtaken by new rivals...