Tesla

The US federal agency in charge of road safety is opening an official investigation into Tesla's self-driving autopilot system. The system is under fire for being misleading. This is because it does not automatically drive the car, and…
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Amazon has said it will compensate customers who suffer injury or property damage from defective goods sold by independent sellers on its platform. From the 1st of September, it will pay valid claims of up to $1,000, as the company faces…
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Tesla’s shipments of China-made cars to the local market fell sharply last month. The company has endured a series of setbacks this year in the region, however, it still reportedly has a 95% increase in electric car sales in America.…
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Tesla reports more than $1 billion in net income during Q2, up tenfold from a year ago. The company beat expectations and passed $1 billion in quarterly net income for the first time. LVMH has also steamed ahead in the second quarter,…
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Tesla managed to sell more than 200,000 vehicles last quarter, even as the company faced a shortage of computer chips and safety fears. The entire auto industry has been struggling with the chip shortage, with Elon Musk calling the…
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Tesla shares dropped more than 5% after vehicle orders in China steeply declined last month. The company has been grappling with recalls and also dealing with a public relations backlash following some high-profile vehicle crashes.…
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