Tesla Stock News

General Motors (GM) is spending more than the $35 billion previously planned to speed up launches of their new EVs. The company noted that investments in technology would take priority over profits in 2022. GM […] The post GM pushing faster EV launches ahead of profits appeared first on Drive Tesla .

Tesla on Tuesday said it will recall 54,000 sedans after federal regulators flagged a self-driving functionality which had the car slow down and roll slowly through an intersection.

Tech Bounces Back - But For How Long? Authored by Bill Blain via MorningPorridge.com, “If I’m selling a Tesla, then of course it’s a better car” A bounce back rally is underway – but its reactive, based on the hopes of “buy-the-dippers”, and the fundamentals haven’t changed. Many weakening Tech stocks are seeing their foundations exposed as built on sand. The Bounce Back Rally So much to think about in terms of markets this morning. It feels like time to play a tactical game as the bounce back recovery rally I predicted last month, (which I suggested will occur for all the wrong reasons), is underway. A whole bunch of improbable stocks like Tesla, and current-story stocks like Spotify surged on the back of immediate reactions to news and events. The questions for markets are simple: is this a new up-wave in the remorseless tide of ever higher Tech valuations, have valuations changed, have the underlying market fundamentals swung back in favour, or is this a dead-cat Tech bounce before the brutal reality of a changed market base again bites expectations..?

"I was violated physically, mentally, and emotionally because I am an African American lesbian," the former Tesla factory worker said in a statement.

This article was originally published on TipRanks.com The worlds largest electric vehicle (EV) manufacturer Tesla Inc. The post Tesla Recalls 53K Cars to Disable Rolling Stop Feature appeared first on Smarter Analyst .

Tesla will recall 53,822 vehicles over the rolling stop function in its full self-driving software Read Full Article at RT.com

General Motors Co (NYSE: GM ) CEO Mary Barra highlighted the legacy automaker''s push for "affordability" in the electric vehicles segement in a post-earnings call Tuesday. Barra also said the company would name the site for a fourth U.S. electric vehicle battery plant in the first half of this year, invest in a third electric truck assembly plant and focus on affordable EV launches. Affordability Key: GM aims to topple current electric vehicle leader Tesla Inc (NASDAQ: TSLA ) in the coming years. Barra told investors that affordability is key in the electric vehicle game and that GMs plan to launch a $30,000 Electric Equinox is a development worth noting. GM plans to launch the Equinox EV in 2023 and is also working on an another, more affordable electric vehicle. Affordable EVs are part of the market that startups aren''t targeting, but they are key to driving mass adoption of EVs, which is a national and a global priority. In contrast, Tesla CEO Elon Musk last month said his company

Tesla Inc. will have to recall 53,822 units of its self-driving electric vehicles in the United States. The affected models are those fitted with the beta version of its Full Self-Driving software. Based on the recall

Saudi Arabias sovereign wealth fund had agreed to support his attempt to take the company private.

US Stocks: ELLIOTT WAVE ANALYSIS Tesla (TSLA) Amazon (AMZN) Apple (AAPL) Alphabet (GOOGL) Facebook (FB) Meta Platforms (META) Microsoft (MSFT) JPMorgan

Elon Musk claims that Saudi Arabia had agreed to fund a 2018 buyout of Tesla, according to a bombshell lawsuit filed late Tuesday in California federal court.

Ford To Invest Up To $20 Billion To Accelerate Shift To Electric Vehicles Ford has announced today it plans to spend as much as $20 billion to accelerate its shift to electric vehicles. The company''s newest reorganization efforts are being spearheaded by Chief Executive Officer Jim Farley and Doug Field, the former head of Apples car project. Under the plane, Ford will spend $10 billion to $20 billion over the next 5 to 10 years to convert factories from traditional ICE production infrastructure to buildings with EV production capabilities, Bloomberg reported on Tuesday. The report said that Farley wants to "challenge Teslas dominance in EVs". Already, investors have rewarded Ford''s initiative, with its stock touching multi-decade highs near $25 per share and a $100 billion market cap earlier this month. The reorganization is also going to result in a hiring binge, according to the Bloomberg report, which said that the company will sport "a reworked Ford organizational chart, including the hiring of an unspecified number of engineers specializing in disciplines relatively new to the company, such as battery chemistry, artificial intelligence and EV software." Ford has also considered spinning off some of its EV business in order to capture some of the valuations that the market is assigning to EV companies.

Tesla is recalling nearly 54,000 vehicles because their Full Self-Driving software lets them roll through stop signs without coming to a complete halt.

Tesla had a less-than-ideal day, but that''s not likely to give any real benefit to the younger electric vehicle company.

On Monday, Tesla issued a safety recall for 53,822 vehicles covering all models equipped with "full-self-driving" (FSD) software. The US National Highway…