Tesla has introduced an upgraded Model Y in China, featuring enhanced design and functionality, priced from 263,500 yuan ($35,900), as the company seeks to reclaim market share in the highly competitive EV market.
BYD surpassed Tesla in fourth-quarter EV deliveries, with a 13.1% sales increase, while Tesla saw a 5% rise.
Tesla's 2024 deliveries dropped 1.1%, missing estimates. Aging models, competition, and high costs weigh on sales, despite China growth and Cybertruck's debut. Shares fell 6%.
A deadly explosion involving a Tesla Cybertruck rocked the Trump International Hotel in Las Vegas, killing the driver and injuring several others. The FBI is now probing the incident for possible terrorist connections, following a similar attack in New Orleans.
A Tesla Cybertruck exploded outside Trump Hotel Las Vegas, killing 1 and injuring 7. FBI probes possible terrorism link; Musk says blast unrelated to vehicle. Investigation ongoing.
Tesla CEO Elon Musk has reached another major milestone, with his net worth surpassing $400 billion. This achievement comes on the back of a significant rise in Tesla's stock this year and the growing valuation of his space exploration company, SpaceX.
Tesla CEO Elon Musk unveiled a futuristic robotaxi with gull-wing doors and no steering wheel or pedals, aiming for a 2026 production at under $30,000.
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