The company sold more cars but made less money on each one because of discounts and low-interest loans.
Drivers will be able to converse with an artificial intelligence assistant while cars largely drive themselves in certain situations, the company said.
The justices on the State Supreme Court heard arguments in a long dispute about whether the Tesla chief executive’s compensation was fair to shareholders.
Elon Musk’s electric car company said the new versions would start at around $37,000 and $40,000, prices that bring its cars closer to comparable gasoline vehicles.
A college student was trapped in a burning Cybertruck because electronic doors made it difficult for her to get out or be rescued, a lawsuit claims.
The company benefited from a surge in U.S. demand for electric vehicles after Republicans in Congress voted to end a $7,500 incentive at the end of September. But other carmakers benefited more.
The vast Global Digital Trade Expo in Hangzhou stood as a rebuke to U.S. efforts to hem in China’s technology. But the real competition is internal, and profits are hard to find.
Francesca Paris, an Upshot reporter, shows how the quick growth of electric vehicle charging stations has continued in the United States despite the Trump administration’s hostility to the green energy transition.
The end of a federal tax credit is expected to push sales of battery-powered cars down but auto experts believe the market will eventually recover.
The agency is investigating reports that electronic doors on one model couldn’t be opened from outside, trapping children or others inside.
Tesla’s chief executive bought the stock after the company’s board proposed paying him nearly $1 trillion if he achieves certain performance goals.
Electric vehicles on the used market often cost less than comparable gasoline models, making the technology affordable to many more buyers.
Electric vehicles on the used market often cost less than comparable gasoline models, making the technology affordable to many more buyers.
Robyn Denholm, normally media shy, is campaigning to get shareholders to back the chief executive’s trillion-dollar compensation package.
Tesla’s board unveiled a compensation package for the chief executive that could be worth $900 billion if he meets ambitious targets.
Electric models from the luxury car brand have been very successful, but they may struggle once a $7,500 federal tax credit ends next month.
Ford, which once had a lead on other established automakers, said on Monday that it will use new materials and methods to lower the costs of electric vehicles.
But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.
Tesla has awarded its chief executive a “first step payment worth roughly $29 billion to replace a plan blocked by a Delaware judge..
The “interim” package announced on Monday was intended to help retain Elon Musk, whose previous pay plan was invalidated by a judge. The car maker’s chief has hinted that he needed a larger stake in the company.