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.
Lawyers for the family of a woman struck and killed by a Tesla sedan in 2019 argued that the company’s Autopilot software should have avoided the crash.
Shares in Tesla were down in premarket trading as the carmaker lays out the risks from President Trump’s tariffs and his scrapping of tax credits.
Elon Musk has said that robotaxis are the company’s future, but most revenue still comes from cars.
The driver gave testimony in a federal trial about Tesla’s role in a 2019 accident that killed a woman in Florida.
As the likes of Ford and Mercedes retreat, Great Wall Motor and BYD are building factories and bringing affordable EVs and hybrids to one of the world’s biggest markets.
In the first tangible inroads Elon Musk has sought for years in India, Starlink passed a final regulatory hurdle and Tesla opened its first India store.
The Commerce Department plans to impose a 93.5 percent levy on Chinese graphite, an essential ingredient in the batteries that power electric vehicles.
The annual meeting will be in November, nearly four months after what is required under Texas law.
A group of state treasurers and investors is complaining that the company, facing falling sales, is about to miss a legal deadline to hold a shareholder forum.