Tag TSLA

Chinese automaker BYD said Wednesday that it has obtained the country's first conditional Level Three autonomous driving test license. It is a step up from Level Two automation, which requires the hands-on, eyes-on attention of the driver; despite its name, Tesla's Full Self-Driving (FSD) remains stuck at this Level Two designation. Robotaxis — which Tesla is working to design — would require Level Four of Level Five automation, which would not require human intervention...

Tesla appears to be working on a new and improved version of its most popular offering, the Model Y, at its factory in China with plans for mass production by mid-2024. TSLA shares edged higher early Wednesday. The global EV giant is readying to unveil an updated Model Y in China, Bloomberg reported late Tuesday...

General Motors' (GM) Cadillac Lyriq & Chevrolet Blazer EVs are likely to temporarily lose the US EV tax credit, starting Jan 1, 2024...

Tesla (TSLA) is developing a revamped Model Y version to be produced at its Shanghai Gigafactory, slated to start production in mid-2024, according to a report from Bloomberg. The updated Model Y will feature new tech such as ambient lighting. Yahoo Finance's Pras Subramanian analyzes Tesla's product refresh as competition heats up in China, with domestic EV maker BYD (BYDDF) on pace to outsell Tesla for the first time ever this quarter. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

YieldMax TSLA Option Income Strategy ETF, a Tesla-centered call option fund, has a high distribution rate of ~75%. Read what investors need to know...

Two U.S. senators have written to Elon Musk, Tesla’s top executive, calling on him to “swiftly” recall any steering and suspension parts that pose a safety risk. The letter cites “an alarming” Reuters investigation published on December 20 that exposed how Tesla has blamed drivers for frequent failures of components it has long known were defective. “We write with extreme concern following recent reporting about Tesla’s knowledge of safety flaws in its vehicles and concealment of the causes of these flaws from the National Highway Traffic Safety Administration,” states the letter, which is signed by Senators Richard Blumenthal, of Connecticut, and Edward J. Markey, of Massachusetts...

After a monster run-up in 2023, what can investors expect next year?...

Tesla is heading into next year on a high note as its stock has more than doubled in 2023. Media reports of a robot injuring a worker at one of its factories aren’t putting off market analysts, who are more interested in the next delivery figures...

An Apple design executive departs as the company is fighting a ban on sales of certain Apple Watch models, while Tesla is ready to launch a revamped version of its Model Y from its Shanghai plant. Here’s what investors need to know today...