Latest Tesla Inc News

Competitors chip away at Tesla's US electric vehicle share

Nov. 29, 2022 14:36 PM EST

DETROIT (AP) — New electric vehicle models from multiple automakers are starting to chip away at Tesla's dominance of the U.S. EV market, according to national vehicle registration data. But numbers collected by S&P Global Mobility show that Tesla still controlled about 65% of...

5 years prison, $2.5M restitution for Las Vegas COVID fraud

Nov. 25, 2022 15:05 PM EST

LAS VEGAS (AP) — A Las Vegas man has been sentenced to five years in prison and ordered to pay more than $2.5 million in restitution for bilking the government out of millions of dollars in federal loans and COVID-relief funds during the pandemic two years ago. Federal prosecutors...

Musk plans to relaunch Twitter premium service, again

Nov. 25, 2022 12:37 PM EST

LONDON (AP) — Elon Musk said Friday that Twitter plans to relaunch its premium service that will offer different colored check marks to accounts next week, in a fresh move to revamp the service after a previous attempt backfired. It's the latest change to the social media platform...

Twitter, others slip on removing hate speech, EU review says

Nov. 24, 2022 12:28 PM EST

LONDON (AP) — Twitter took longer to review hateful content and removed less of it in 2022 compared with the previous year, according to European Union data released Thursday. The EU figures were published as part of an annual evaluation of online platforms' compliance with the...

Asian stocks mixed after Wall St slide, China virus fears

Nov. 21, 2022 23:12 PM EST

BEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street sank and Chinese anti-virus controls fueled concern about an economic slowdown. Shanghai and Hong Kong declined while Tokyo advanced. Oil prices gained. Wall Street's benchmark S&P 500 index...

How major US stock indexes fared Monday 11/21/2022

Nov. 21, 2022 16:39 PM EST

Stocks ended lower on Wall Street at the beginning of a holiday-shortened week. The S&P 500 fell 0.4% Monday, while drops in tech companies helped pull the Nasdaq down 1.1%. The Dow Jones Industrial Average held up better, ending down just 0.1%. The Dow benefited from a big gain...

Musk restores Trump's Twitter account after online poll

Nov. 19, 2022 22:25 PM EST

LOS ANGELES (AP) — Elon Musk reinstated Donald Trump’s account on Twitter on Saturday, reversing a ban that has kept the former president off the social media site since a pro-Trump mob attacked the U.S. Capitol on Jan. 6, 2021, as Congress was poised to certify Joe Biden’s election victory....

Tesla recalls 300K vehicles over taillight software glitch

Nov. 19, 2022 12:17 PM EST

LOS ANGELES (AP) — Tesla is recalling more than 300,000 vehicles in the U.S. because a software glitch can make taillights go off intermittently, increasing the risk of a collision. Tesla said in documents posted Saturday by the U.S. National Highway Traffic Safety Administration...

Twitter risks fraying as engineers exit over Musk upheaval

Nov. 18, 2022 18:53 PM EST

Elon Musk’s managerial bomb-throwing at Twitter has so thinned the ranks of software engineers who keep the world’s de-facto public square up and running that industry insiders and programmers who were fired or resigned this week agree: Twitter may soon fray so badly it could actually crash. ...

GM CEO Barra says electric vehicles to be profitable by 2025

Nov. 17, 2022 19:41 PM EST

General Motors says it expects its portfolio of electric vehicles to turn a profit in North America by 2025 as it boosts battery and assembly plant capacity to build over 1 million EVs per year. CEO Mary Barra used the pledge to kick off the company’s investor day event Thursday in...