Text size Tesla stock soared 41% in January, its best month since October 2021, leaving investors breathless and wondering what to do next. Xiaolu Chu/Getty Images Tesla stock is on a tear, leaving investors breathless and wondering what to do next. They might want to follow the adage that no one ever went broke taking … Read more
The US Justice Department has requested documents from Tesla Inc. related to its Autopilot and “Full Self-Driving” features, according to a regulatory filing. “To our knowledge no government agency in any ongoing investigation has concluded that any wrongdoing occurred,” Tesla said in the filing Tuesday with the Securities and Exchange Commission. The Austin, Texas-based electric … Read more
After $14 trillion was wiped off world shares in 2022, $4 trillion has been added back this month. London: From stocks to government bonds, markets have had one of their best starts to the year in decades, but whether the run lasts depends on a Goldilocks scenario of inflation easing, economic growth holding up and … Read more
Business Autos & Transportation Automotive Industry Customers who bought vehicles before the price reduction say they feel burned .
Text size Tesla shares rose about 33% last week. Anna Moneymaker/Getty Images Stock futures were falling Monday as investors traded cautiously ahead of the Federal Reserve’s decision on interest rates this week and earnings from some of the world’s largest technology companies. These stocks were poised to make moves Monday: Tesla (TSLA) was rising 0.3% … Read more
A Tesla Model S “spontaneously” caught fire on a California highway over the weekend, forcing firefighters to use some 6,000 gallons of water to extinguish the flames, authorities said. Sacramento Metro Fire reported that the electric vehicle burst into flames after 4 pm Saturday while traveling eastbound at freeway speeds on Highway 50 in the … Read more
Text size Tesla shares rose about 33% last week. Anna Moneymaker/Getty Images Stock futures were falling Monday as investors traded cautiously ahead of the Federal Reserve’s decision on interest rates this week and earnings from some of the world’s largest technology companies. These stocks were poised to make moves Monday: Tesla (TSLA) was falling 0.4% … Read more
US EV battery boom as orders overwhelm LG Energy Solution Battery maker LG Energy Solution (LGES) said on Friday demand for electric vehicle (EV) batteries in North America would likely remain strong this year, boosting its revenue. The South Korean company, which supplies Tesla, General Motors Co and others, said it is targeting revenue growth … Read more
Sources told Bloomberg that the review is part of an investigation into Tesla’s statements about its Autopilot driver assistance system. The “veracity” of Musk’s messaging on the issue is particularly important under the SEC’s rules, Bloomberg noted. SEC officials are considering whether Musk may have “inappropriately made forward-looking statements” about self-driving cars, a source told … Read more
The US securities regulator is probing Elon Musk’s role in Tesla’s self-driving claims. Washington: The US securities regulator is investigating Elon Musk’s role in giving shape to EV maker Tesla’s self-driving claims, Bloomberg News reported on Friday, citing a person with knowledge of the matter. The review is part of an ongoing Securities and Exchange … Read more