The Director of “District 9” Says His Tesla’s Window Spontaneously Shattered For No Reason

“I’m sitting in [my] car and this just happened.” Windows Nein His whole career may be built on dystopian sci fi, but “District 9” director Neill Blomkamp was still surprised by a bizarre defect in his Tesla. In a Twitter post on New Year’s Day, the South African-Canadian director posted a photo of a shattered… Continue reading The Director of “District 9” Says His Tesla’s Window Spontaneously Shattered For No Reason

Tesla Autopilot Leads Cops on High Speed Chase While Driver Completely Passed Out

They had to chase the Tesla for 15 minutes — at speeds reaching 70mph. Tesla: Hot Pursuit A German driver has lost his license after allegedly falling asleep while his Tesla drove down the Autobahn highway with its Autopilot feature activated. According to a press release by Bavarian police, officers tried to stop the self-driving… Continue reading Tesla Autopilot Leads Cops on High Speed Chase While Driver Completely Passed Out

South Korea fines Tesla $2.2m for exaggerating driving range of EVs

SEOUL (Reuters) — South Korea’s antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla for failing to tell its customers about the shorter driving range of its electric vehicles in low temperatures. The Korea Fair Trade Commission said that Tesla had exaggerated the “driving ranges of its cars on… Continue reading South Korea fines Tesla $2.2m for exaggerating driving range of EVs

Tesla deliveries miss Wall Street estimates as competition heats up

 (Reuters) — Tesla on Monday reported record production and deliveries for fourth-quarter electric vehicles, but it missed Wall Street estimates, burdened by logistics problems, slowing demand, rising interest rates and fears of recession. The world’s most valuable automaker delivered 405,278 vehicles in the last three months of the year, compared with Wall Street expectations of 431,117 vehicles,… Continue reading Tesla deliveries miss Wall Street estimates as competition heats up

Tesla sales fall short in final quarter of 2022

Tesla fell just short of investors’ sales expectations during the final quarter of 2022, despite setting a new record for car production throughout the year. Analysts expected the American EV firm to deliver around 420,000 cars during the fourth quarter, but it recorded 405,278. Nonetheless, this was a 12.9% increase over the previous quarter. An… Continue reading Tesla sales fall short in final quarter of 2022

Chinese EV stocks rise after strong December deliveries

Reuters Tesla shares start 2023 lower on worries over weak demand, logistical issues At least four brokerages cut their price targets and earnings estimates, looking for more downside after the stock suffered its biggest annual loss since going public in 2010. That still makes it the world’s most valuable automaker, even though its production is… Continue reading Chinese EV stocks rise after strong December deliveries

Chinese EV stocks rise after strong December deliveries

Reuters Tesla shares start 2023 lower on worries over weak demand, logistical issues At least four brokerages cut their price targets and earnings estimates, looking for more downside after the stock suffered its biggest annual loss since going public in 2010. That still makes it the world’s most valuable automaker, even though its production is… Continue reading Chinese EV stocks rise after strong December deliveries

Untitled

Jan 3 (Reuters) – Tesla Inc (TSLA.O) shares kicked off 2023 with a near 4% drop on Tuesday, extending a selloff from their worst year on growing worries about weakening demand and logistical problems that have hampered deliveries. The latest slide came after the world’s most valuable automaker missed estimates for fourth-quarter deliveries despite shipping… Continue reading Untitled

EVs make up 80 percent of new car sales in Norway

Comparatively, electric cars made up only 8.6 percent of new car registrations in the European Union over the first nine months of 2022. Electric vehicles accounted for almost four out of every five new car registrations in Norway last year, setting a new record, according to figures released Monday. Led by US carmaker Tesla, which… Continue reading EVs make up 80 percent of new car sales in Norway

German Manager Magazin: SpaceX: Valuation of space company rises to 137 billion dollars002218

The evaluation of the controversial billionaire Elon Musk (51) led space company SpaceX according to a media report, climbed to 137 billion dollars (128 billion euros) in another round of financing. Investors, led by venture capital firm Andreessen-Horowitz, have pumped another $750 million into the company, he said American TV channel CNBC on Tuesday, citing… Continue reading German Manager Magazin: SpaceX: Valuation of space company rises to 137 billion dollars002218