Shares of the company slumped as investors worried about increasing competition.
The electric carmaker is growing fast but investors are worried that sales are starting to slow because of higher prices and interest rates.
Innovation is important, but Elon Musk’s impractical transit inventions do nothing to help solve today’s problems.
Innovation is important, but Elon Musk’s impractical transit inventions do nothing to help solve today’s problems.
The increase from the same period last year comes as competition grows among automakers producing electric vehicles in the United States.
A state agency said the electric carmaker had misled the public in describing its driver-assistance service as autonomous.
The automaker’s annual meeting will include votes on several proposals, including one on discrimination and another on board independence, that are opposed by its chief executive, Elon Musk.
Our documentary explores Tesla’s difficulty in making automated driving a reality.
Tesla said it expected capital expenditures to be $6 billion to $8 billion in 2022, up from an April forecast of $5 billion to $7 billion.
The world’s largest maker of electric cars struggled with production problems in China.