Tesla Stock News

The EPA restored California''s authority to enforce emissions standards for cars and trucks on Wedneday. That''s good for EV makers and traditional auto makers.

The Securities and Exchange Commission has filed a plan to distribute more than $40 million to Tesla shareholders in what one source said was a win for Elon Musk, who had pressed the issue in federal court.

Porsche and Tesla are competing for the luxury electric vehicle market.

Elon Musk has also sent shipments of SpaceX''s Starlink internet system to Ukraine as it faces an invasion by Russian forces.

Tesla’s domination of the United States electric vehicle sector continues Tesla’s Model Y, Model 3, and Model S claimed the top three spots of January’s U.S. BEV registrations, with its top two models combining for well over 60 percent of the total electric vehicle sales during 2022’s first month. The Model X was ninth on […] The post Tesla dominates January BEV sales in the United States with S3XY lineup all in Top 10 appeared first on TESLARATI .

Tesla Inc. will offer its workers from Ukraine that have been called back to their country and conscripted to fight in the clashes against Russia pay for at least three months, CNBC reported on Wednes…

Illustration by Alex Castro / The Verge Tesla’s Autopilot and Full Self-Driving features are safe, the company insists in a letter to two top Senate Democrats. Like, really safe. Safer than human driving. Unfortunately, the senators aren’t really buying it. “Tesla’s Autopilot and FSD Capability features enhance the ability of our cusotmes [sic] to drive safer than the average driver in the U.S.,” Rohan Patel, senior director of public policy at Tesla, writes in a March 4th letter to US Senators Richard Blumenthal (D-CT) and Ed Markey (D-MA). (The letter was first reported by Reuters .) Tesla is responding to the senators’ letter to the company’s CEO Elon Musk last month raising “significant concerns” about Autopilot and FSD. Blumenthal and Markey have also called on federal… Continue reading…

Tesla employees were also praised for helping SpaceX, the aerospace venture also led by Tesla CEO Elon Musk.

Tesla jumped to an early lead in the US luxury car race in 2022 with the most registrations in January in the country. According to data released by Experian, Tesla saw a rise of 49 […] The post Tesla tops BMW in luxury car sales to kick off 2022 appeared first on Drive Tesla .

The Detroit giant is in a race against Tesla and Ford to establish itself in consumer garages.

Tesla Inc (NASDAQ: TSLA ) defended the safety benefits of its advanced driver assistance system Autopilot and its Full Self-Driving capability but acknowledged they require "constant monitoring and attention of the driver," Reuters reports . Tesla continued to assert that its safety systems saved lives and only looked to improve significantly over time, Inside EVs reports . Tesla said its cars with … Full story available on Benzinga.com

Electric vehicles (EVs) are overtaking luxury internal combustion engine (ICE) brands more consistently than ever, with Tesla’s January registration data showing an electrifying trend. Tesla … Read more The post Tesla Leads U.S. Luxury Registrations in January, Overtakes BMW appeared first on TeslaNorth.com .

The Securities and Exchange Commission, or SEC, asked a judge for permission to disburse $40 million in funds to investors that were collected as part of a 2018 settlement with Tesla and its CEO Elon Musk. The SEC said in a filing on Tuesday night that it was ready for a “fair and reasonable” means […] The post SEC asks to disburse $40M to investors four years after Musk settlement appeared first on TESLARATI .

Gordon Johnson: Tesla''s Q1 2022 Delivery Estimates May Need To Be Revised "Materially" Lower With yesterday''s auto sales data out of China showing a slight dropoff for Tesla, analyst Gordon Johnson says he thinks the company has a demand problem. Recall, yesterday we reported that Tesla officially sold 56,515 Chinese made vehicles in February, according to new data from the China Passenger Car Association (CPCA) that was released on Tuesday. This is sequentially lower than the company''s 59,845 vehicles sold in January, investors had widely expected a slight decline in numbers. Year over year, the numbers are impressive, but the comps still reflect a slowdown in production due to the ongoing Covid pandemic. In February 2021, Tesla sold 18,318 vehicles out of its Shanghai plant. Of the vehicles it produced this year, about 33,000 were exported to Europe and 23,000 were sold domestically in China. "Tesla typically exports more of its Shanghai production early in a quarter and sells more in China later in a quarter," Barron''s noted on Tuesday morning.

Elon Musk is trying to back out of his 2018 settlement with U.S. securities regulators, related to his social media claim of having had "funding secured" to take Tesla private. Driving the news: Musk this week asked a federal judge to terminate the consent decree, which required that Tesla counsel vet any of Musk''s tweets that could be deemed material to the company and/or its shareholders. Musk argues that the SEC is a micromanager overstepping its bounds, including via a subpoena over his November 2021 Twitter poll that asked followers if he should sell 10% of his Tesla stock. That poll resulted in tens of billions of dollars being wiped off Tesla''s market cap, and was posted just a day after Musk''s brother Kimball (who serves on Tesla''s board) sold over $100 million worth of stock. Between the lines: Musk in court papers argues that he was coerced into playing ball with the SEC. Not only because a failure to do so could harm Tesla, but also because it could have harmed other companies with which he was affiliated, including SpaceX.