Tag TSLA

The automaker is facing mounting logistical problems...

Stocks pared gains as Nvidia fell despite earnings and guidance trounced views. Tesla retreated from near early buy points...

The German company and other non-union automakers in the U.S. have come under increased pressure to improve pay and benefits following the record contracts achieved by the UAW in late October after thousands of its members went on a six-week targeted strike. Hyundai Motor has also announced a 25% increase over the next four years for non-union production workers in Alabama and Georgia. Volkswagen's pay increase is effective from December, with a compressed wage progression timeline beginning in February...

A Florida judge recently found "reasonable evidence" that Tesla and its leadership, including chief executive Elon Musk, allowed for the use of Autopilot despite knowing that the system was defective. The ruling comes several years after the death of Stephen Banner, who was killed in 2019 when his Tesla Model 3 — with Autopilot engaged — drove under the trailer of an 18-wheeler. Judge Reid Scott's ruling, made last week in the Circuit Court for Palm Beach County, allows Banner's family to proceed to trial and seek punitive damages from Tesla for intentional misconduct and gross negligence...

Stocks opened higher Wednesday rose after Nvidia earnings and guidance trounced views again. NVDA wavered, but several AI plays rose. Tesla is nearing early buy points...

German carmaker’s 11% increase follows moves by Nissan, Hyundai, Honda and Toyota to lift workers’ wages...

What’s good for Tesla car buyers might not be good for Tesla shareholders. Investors will have to digest another pricing action from the electric vehicle leader on Wednesday before the Thanksgiving holiday. Tesla’s U.S. website now shows discounts of almost $3,000 for some Model Y electric vehicles in its inventory...

Musk relies on several executives, like Steve Davis and Gwynne Shotwell, to help run his companies...

A challenged macroeconomy has had multiple ripple effects for Tesla, not the least of which is the labor issue in Sweden. Read more to see our analysis on TSLA...