Latest Tesla Inc News

Tesla posts record profit, won't produce new models in 2022

Jan. 26, 2022 19:46 PM EST

DETROIT (AP) — Tesla Inc. on Wednesday posted record fourth-quarter and full-year earnings as deliveries of its electric vehicles soared despite a global shortage of computer chips that has slowed the entire auto industry. Although the company predicted it would be able to build...

Stock investors' nerves tested by inflation, omicron, Russia

Jan. 25, 2022 17:56 PM EST

NEW YORK (AP) — The stock market is losing crucial support from the Federal Reserve. Omicron is causing havoc at businesses around the world. And Russia just might be preparing to invade Ukraine, creating more uncertainty and raising the prospect of even higher oil prices. No...

Asian shares decline amid omicron, Fed, Ukraine jitters

Jan. 24, 2022 22:05 PM EST

TOKYO (AP) — Asian shares skidded Tuesday following a volatile day on Wall Street. Inflation-fighting measures from the Federal Reserve and the possibility of conflict between Russia and Ukraine are overhanging markets. Japan's benchmark Nikkei 225 slipped 2.0% in morning trading...

Biden revives 'clean energy' program with $1B loan guarantee

Jan. 24, 2022 16:37 PM EST

WASHINGTON (AP) — The Biden administration has issued its first clean energy loan guarantee, reviving an Obama-era program that helped launch the country’s first utility-scale wind and solar farms a decade ago but has largely gone dormant in recent years. The Energy Department...

GM renovating NY factory so it can make electric motor parts

Jan. 21, 2022 13:33 PM EST

LOCKPORT, N.Y. (AP) — General Motors says it will spend about $154 million to revamp an aging factory near Buffalo, New York, so it can make a key part for electric vehicle motors. The automaker says it will add about 230 jobs at the factory in Lockport, about 30 miles (48...

New vehicles to be rated on how they make drivers stay alert

Jan. 20, 2022 17:03 PM EST

DETROIT (AP) — Two organizations that influence many Americans’ automobile buying decisions will begin rating vehicles on how well they track behavior of motorists who use partially automated driver-assist systems. Consumer Reports and the Insurance Institute for Highway Safety...

Felony charges are 1st in a fatal crash involving Autopilot

Jan. 18, 2022 14:42 PM EST

DETROIT (AP) — California prosecutors have filed two counts of vehicular manslaughter against the driver of a Tesla on Autopilot who ran a red light, slammed into another car and killed two people in 2019. The defendant appears to be the first person to be charged with a felony in...

Tesla inks deal to get key battery component outside China

Jan. 16, 2022 03:33 AM EST

LONDON (AP) — Tesla is turning to Mozambique for a key component in its electric car batteries in what analysts believe is a first-of-its-kind deal designed to reduce its dependence on China for graphite. Elon Musk's company signed an agreement last month with Australia's Syrah...

San Diego supervisor's house fire is considered suspicious

Jan. 13, 2022 12:18 PM EST

SAN DIEGO (AP) — Police are treating a fire at the home of a San Diego County leader and his wife, a prominent labor official, as suspicious. County Board of Supervisors Chair Nathan Fletcher said he and wife Lorena Gonzalez and their family were awoken by smoke alarms around 4...

Tarnished Gold: Illegal Amazon gold seeps into supply chains

Jan. 13, 2022 10:22 AM EST

SAO PAULO (AP) — The medals were billed as the most sustainable ever produced. To match the festive spirit of South America’s first Olympics, officials from Brazil, the host country for the 2016 games in Rio de Janeiro, boasted that the medals hung around the necks of athletes on...