EV startup Lucid begins production of electric cars with range topping Tesla’s
Lucid Group says production of its new electric luxury sedans has begun and it will start delivering cars to customers by the end of October. Why it matters: The Lucid Air, starting at $77,400, is among a slew of plug-in models like the Mercedes Benz…
A life and death question for regulators: Is Tesla’s Autopilot safe?
Robin Geoulla had doubts about the automated driving technology equipped on his Tesla Model S when he bought the electric car in 2017. “It was a little scary to, you know, rely on it and to just, you know, sit back and let it drive,” he told a U.S.…
Congress eyes $4,500 boost to EV tax credits, but Tesla’s Elon Musk isn’t happy
Tim Stevens/Roadshow Electric car tax credits could be in for a significant boost — a $4,500 boost to be clear. That’s if a bill heading to the House Ways and Means Committee finds its way to final passage in the months to come. EV tax credit…
Why Tesla’s Surging Chinese Vehicle Sales Are Electrifying for Investors
Tesla (NASDAQ:TSLA) is making more electric vehicles in China than ever, according to a report from the Chinese Passenger Car Association (CPCA). As Reuters reports, 44,264 Teslas built in that country were sold in August, a 275% surge year over year,…
Tesla’s $25,000 electric car may not have a steering wheel: Report
Tesla founder Elon Musk has said the automaker is planning to release its $25,000 electric car in 2023 and hinted that it may not have a steering wheel, news website Electrek has tweeted. © Nachiket Deuskar Tesla’s $25,000 electric car may not have…
Tesla’s Musk Is Weeks Away From Next Multibillion-Dollar Payout
(Bloomberg) — Tesla Inc.’s surging stock price has already let Chief Executive Officer Elon Musk collect two tranches of his moonshot compensation award, valued at a collective $3.94 billion. Now he’s at most a couple of months away from securing…
Ten Years After IPO, a Look Back at Tesla’s Extraordinary Decade
(Bloomberg) — Tesla Inc. has grown from Silicon Valley gadfly to the world’s second-largest automaker by market capitalization in the decade since its initial public offering. It’s been a roller-coaster ride for the electric-car maker’s…
Trump, Musk Exchange Thank Yous For Tesla’s Texas Gigafactory
President Donald Trump praised Tesla Inc (NASDAQ: TSLA) CEO Elon Musk for building his next Gigafactory in Austin, Texas, and taking credit for the idea. In an investor call on Wednesday evening, Musk announced Tesla’s second car production…
Tesla’s ‘Home-Run Quarter’ Leaves Even the Bears Praising Elon Musk
(Bloomberg) — Tesla Inc. shares extended their meteoric gains as even the most pessimistic analysts struggled to find faults in the electric car-maker’s quarterly earnings report. It was a “home-run quarter” for Elon Musk, according to Wedbush’s…
Tesla’s $200 Billion Question Remains Unanswered
(Bloomberg Opinion) — You know Tesla Inc. is maturing as a carmaker when it manages to be slightly dull. Wednesday evening’s earnings update was even more eagerly anticipated than usual after the recent surge in its share price. Elon Musk’s company…