Tesla is now an officially licensed utility in the United Kingdom, According According to a new report from the Wall Street Journal. The automotive and energy company recently received a license from the Gas and Electricity Markets Office, allowing it to sell electricity directly to domestic and commercial and industrial users. The company has been…
Tesla has filed a lawsuit against the California Department of Motor Vehicles in an attempt to overturn the agency’s decision. The state DMV ruled that Tesla used deceptive marketing to enhance the self-driving capabilities of its vehicles, thereby violating state law. The lawsuit reignites an issue that appeared to be resolved last week when the…
A judge has rejected Tesla’s request to overturn the order $243 million jury verdict which held the automaker partially responsible for a fatal accident involving the Autopilot driver assistance system. “The grounds that Tesla relies on for relief are virtually the same ones that Tesla put forward earlier during the trial and in its briefing…
Tesla is ending production of the Model S sedan and Model X SUV, CEO Elon Musk announced on a conference call Wednesday. He said the company will make the final version of both electric vehicles in the next quarter. Musk said Tesla will build the Optimus robot at the same factory location in Fremont, California….
Tesla’s profit in 2025 fell 46% from the previous year as CEO Elon Musk took on a role in the Trump administration and federal electric vehicle subsidies were shut down by Congress, causing sales to decline. The electric vehicle company reported Wednesday that it reported a full-year profit of just $3.8 billion, the lowest in…
Tesla is offering robotaxi rides to passengers in Austin without a human safety driver in the front seat. CEO Elon Musk Posted on its social media platform He then made a recruitment pitch for engineers interested in “solving real-world AI”, which he says will “potentially boost AGI”, to join the Tesla AI team. Tesla starts…
Pickle Robot, which makes autonomous unloading robots for warehouses and distribution centers, announced a new chief financial officer just days after reports A great deal with UPS. The Charlestown, Massachusetts-based company announced its Jeff Evanson hired as its CFO on Thursday. Evanson has been consulting for the company since September and recently joined full-time. Evanson…
While automakers like General Motors have begun to fret over Apple CarPlay, Tesla is reportedly working on integrating the system into the software stack of its vehicles. According to Bloomberg, the feature is in development reportWhich said the effort could be canceled before being released to the public. The move would mark a dramatic turnaround…
Tesla is remembering More than 10,000 Powerwall 2 home batteries were sold in the US after nearly two dozen incidents of the units overheating, smoking or catching fire were confirmed. US recall comes just months after Tesla Powerwall 2 batteries recalled in Australia The following reports of fire. In the Australian recall, the battery cells…
Norway’s sovereign wealth fund has voted against Tesla’s proposal to give CEO Elon Musk a $1 trillion compensation package. The fund, which is managed by Norges Bank Investment Management, holds a 1.14% stake in Tesla, worth about $11.7 billion, according to mid year filing In June. “While we appreciate the significant value created under Mr….
