Tag TSLA

Nio, Li Auto, XPeng and BYD reported strong July sales early Tuesday, with all four Tesla China rivals showing momentum. Li Auto stock scored a new high after more than doubling year to date, but its peers fell. Nio deliveries topped 20,000 for the first time...

Tesla created a secret team tasked with blocking drivers' range-based complaints, according to a report from Reuters. The EV giant allegedly created the team because of overflows of complaints related to the range performance of Tesla vehicles. Reuters Global Investigative Reporter Steve Stecklow notes that "for years Tesla has exaggerated its range," and alleges that the company rigged the software which displays the range driven by the car. Stecklow says the display would show a "rosy estimate," which led to the company being flooded with thousands of complaints, creating the necessity for the secret team. Yahoo Finance reached out to Tesla for comment but has not received a response as of publishing time...

The Dow Jones Industrial Average rose Tuesday after key economic data. Caterpillar, Merck and Uber were among nine big earnings movers...

The National Highway Traffic Safety Administration (NHTSA) paved the road toward yet another investigation into the company Aug. 1, when it opened a preliminary investigation into the company's Model 3 and Model Y vehicles. The NHTSA said it opened the probe in response to a dozen complaints of reported loss of steering control. One driver reported that their two-week-old Model Y nearly went into the "opposite side of traffic" when the steering wheel suddenly "did not steer."...

Tesla's Cybertruck, which has long fascinated the general public with its sci-fi look right out of Ridley Scott's classic film "Aliens," is drawing close to Chief Executive Elon Musk's promised ship date. After many delays, the vehicle went into production in July. Now a newly leaked video from inside Tesla's factory has surfaced via the Cybertruck Facebook group, and while it is brief, it shows a team of employees clustered around the vehicle, which is on a trolley...

(Bloomberg) -- Tesla Inc. is the subject of another probe by US regulators, this time focusing on driver complaints about vehicles possibly at risk of losing control of steering. Most Read from BloombergUS, Europe Growing Alarmed by China’s Rush Into Legacy ChipsCharles Koch-Tied Group Seeks to Block Trump From GOP NominationAsia’s Richest Families Fuel Race for Lucrative Finance JobsSingapore PM to Address Political Scandals in ParliamentMyanmar Junta Pardons Aung San Suu Kyi on Some ChargesThe...

Goldman Sachs upgraded, Rivian downgraded: Wall Street's top analyst calls...

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General Motors announces it has started shipping the all-electric version of its popular Chevy Blazer. It's a big deal for the Detroit auto maker...