Why Did Musk’s Twitter Offer Shock Tesla Investors?

[ad_1] Some shareholders say Mr Musk’s off-the-cuff posts on Twitter – drawing comparisons between once Canadian prime minister Justin Trudeau and Hitler – have already hurt Tesla. “The guy said some very controversial things,” said Kristin Hull, founder and CEO of Nia Impact Capital, an Oakland, California-based fund that invests in companies with positive social …

Jim Farley Trying to Reinvent Ford and Catch Elon Musk and Tesla

[ad_1] Auto experts say the electric F-150, known as the Lightning, must be successful for Ford to succeed in the era of electric vehicles. Promoting this truck now is tantamount to “betting the company,” said William C. Ford Jr., chairman of the company’s board of directors, Henry Ford’s great-grandson. “If this launch doesn’t go well, …

Regulators Examining Tesla over ‘Ghost Braking’ Reports

[ad_1] The federal government’s main auto safety regulator has launched a preliminary investigation into the sudden braking of Tesla cars equipped with an advanced driver assistance system the company calls Autopilot. The National Highway Traffic Safety Administration said in a statement. document published online He said Tesla acted in response to 354 consumer complaints over …

California Sues Tesla Saying It Allows Racial Discrimination

[ad_1] A California state agency is suing Tesla in a lawsuit that became public on Thursday, accusing it of allowing racial discrimination and harassment to flourish at its San Francisco Bay Area factory. The California Department of Fair Employment and Housing said hundreds of Tesla employees reported being subjected to racist graffiti and widespread use …

Tesla Recalls Fully Self-Driving Cars to Prevent Rolling Stalls

[ad_1] Tesla Recall 54,000 vehicles equipped with Full Self-Driving software Disabling a feature that under certain conditions allows vehicles to drive slowly at intersections without stopping. The move comes after the automaker was criticized on social media for enabling “rolling stops” in violation of traffic regulations. “Failure to stop at a stop sign can increase …

Tesla Reports Record Profit, but Warns of Supply Problems

[ad_1] Tesla said Wednesday that profits jumped more than sixfold to $5.5 billion in 2021, the highest total in its 19-year history, as sales continue to rise, particularly in Europe and China. However, the automaker warned that supply chain problems from the pandemic will continue to be a constraint on production over the next year. …

Why Did Tesla Rise While Other Automakers Had to Make Cars?

[ad_1] For much of the past year, established automakers like General Motors and Ford Motor have operated in a different reality than electric car company Tesla. GM and Ford closed one plant after another—sometimes for months. shortage of computer chips, leaving dealer lots bare and zooming in on car prices. Still, Tesla stood up record …

Tesla opens a dealership in Xinjiang and withdraws accusations of helping

[ad_1] Tesla came under fire from political leaders and human rights groups on Tuesday after China announced it would open a franchise in Xinjiang, where it is accused of detaining hundreds of thousands of Muslims in brainwashing camps. Tesla said, “Let’s start the journey of pure electricity together in Xinjiang.” Weibo, Chinese social media site. …