Tesla’s stock (TSLA) crashed in mid-afternoon after a report came out claiming that an inside source confirmed new orders are free-falling in China, an important market for Tesla. The reported in question came out of The Information, and it is behind a paywall. Based on an unnamed source, the publication claimed that Tesla’s net new… Continue reading Tesla (TSLA) crashes after insider report that new orders in China are free-falling
Tag: Tesla
Tesla recalls over 5,000 Model 3 and Model Y vehicles over seat belt issues
Tesla has to issue two separate recalls on over 5,000 Model 3 (2018-2020) and Model Y (2019-2021) vehicles due to two separate seat belt problems. In the first recall notice posted to NHTSA’s website this week, Tesla disclosed a potential problem with 5,530 Model 3 and Model Y vehicles that could have improperly attached seat… Continue reading Tesla recalls over 5,000 Model 3 and Model Y vehicles over seat belt issues
Tesla shares drop on report of steep May sales decline in China
Investors were shaken by a single-sourced report that Tesla net orders in China had nearly halved between April and May. Go to Source
Tesla is recalling up to 7,696 Model 3 and Y vehicles over seat belt issues
Tesla has issued three separate recalls this week after problems with assembly caused potential safety issues. Go to Source
Tesla recalls hundreds of Model 3 cars that were shipped to China
The recall affects 734 vehicles produced in 2019, according to China’s market regulator, which cited a recall plan that Tesla filed. Go to Source
Tesla faces pressure as EV competition heats up, ex-Ford CEO says
Elon Musk pushed the auto industry to adopt electric vehicles, but the shift has since turned into a major challenge for Tesla, ex-Ford CEO Mark Fields said. Go to Source
Model 3 vs. i4, Tesla recall, 7-Eleven fast-chargers, sails on tankers: Today’s Car News
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Tesla Model 3 and Model Y recalled for potential brake issue
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Ford predicts 40% of global sales to be electric by 2030
Ford launches its Mustang Mach-E in Shanghai. [Photo by Li Fusheng/chinadaily.com.cn] DETROIT－Ford expects 40 percent of its global sales to be battery electric vehicles by 2030 as it adds billions to what it’s spending to develop them. The automaker said in a presentation for investors last week that it will add about $8 billion to… Continue reading Ford predicts 40% of global sales to be electric by 2030
Tesla’s China orders halved in May – The Information
By Reuters Staff 2 Min Read FILE PHOTO: A Tesla car pictured at a charging point in Beijing, China, April 13, 2018. REUTERS/Thomas Peter/File Photo (Reuters) – Tesla Inc’s vehicle orders in China nearly halved in May, when compared to April, against the backdrop of increased government scrutiny on the U.S. electric carmaker, the Information… Continue reading Tesla’s China orders halved in May – The Information