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The Latest Breaking News from Tesla Inc.

Japan’s Toyota posts record 4.9tn yen profit driven by hybrid demand

Japanese car giant says net profit reached 4.94 trillion yen ($31.9bn) in the year to March.

Al Jazeera

Toyota Posts Record Yearly Net Income, Revenue

Toyota said Wednesday that it enjoyed a record net profit of 4.94 trillion yen ($31.9 billion) in the year to March on revenues of 45.1 trillion yen, which was also an all-time high.

International Business Times

Elon Musk floated robotaxi launch in China, Chinese state media says

Tesla CEO last month made an unannounced visit to Beijing for talks with Chinese Premier Li Qiang.

Al Jazeera

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Global Car Giants Seek Tech Allies In China's Cutthroat EV Market

Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world's biggest electric car market, where shiny smart screens, assisted driving and sophisticated map technology are in high demand.

International Business Times

Tesla Plans Robotaxis Launch In China, State Media Reports

Tesla to introduce robotaxis in China, revolutionizing transportation with autonomous driving technology.

Top News

Should Amazon Stock Follow The ‘Magnificent 7’ Trend and Start Paying a Dividend?

While fellow 'Magnificent 7' peers like Alphabet and Meta Platforms have recently initiated dividends, Amazon might not do so for at least the next couple of years.

Barchart

Rivian Plans To Make Up To 155,000 R2 SUVs Annually In Illinois

That's about triple Rivian's sales last year of the R1T truck and R1S SUV. It's an ambitious target for its first mass-market product.

InsideEVs

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How Much Does A Lucid Cost?

The 2024 Lucid lineup sees a price drop for the base Air model, while the Sapphire is the priciest of the bunch. The Gravity SUV goes on sale later this year.

InsideEVs

Lucid's Upcoming Midsize Car Targets $48,000 Price, CEO Says

The mysterious smaller Lucid is slated to start production in late 2026.

InsideEVs

Tesla Sales May Fall This Year, Analyst Says

Tesla's 9% decline in global EV deliveries during the first quarter of 2024, combined with other data, suggest that there might be no growth this year.

InsideEVs

This Tesla Employee Got Their Work Visa a Month Ago. Then They Were Laid Off

Some 20,000 Tesla employees are expected to be left out of jobs as the company tackles slowing sales and rising competition.

InsideEVs

Tesla China-Made EV Sales Decreased 18% In April 2024

In April, Tesla Giga Shanghai's overall wholesale vehicle shipments (local retail sales and exports) noticeably decreased, deepening the year-to-date decline.

InsideEVs

Fisker Ocean Production Halt Means 500 Magna Workers Laid Off

Plus, new rumors about Rivian and the Apple Car, and NHTSA is demanding Autopilot data from Tesla.

InsideEVs

A $175,000 CyberTrailer Camper That Can Charge Your EV Is In The Works

Made by California-based Living Vehicle, the Cybertruck-inspired trailer will be ready next year. But is it cool enough to pair with Tesla's controversial pickup?

InsideEVs

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Latin Times

'I recommend investing in Argentina': Musk deepens connection with Milei in California meeting

Both met again during the Milken Institute's annual conference. The South American president had visited a Tesla factory in April

InsideEVs

What Happens To The Federal Money Tesla Won For Superchargers

Tesla is backing off from the Supercharging business after winning millions in government funding.

InsideEVs

You Can Put A Wet Towel On A Tesla Supercharger Handle To Get Faster Charging Speeds

The trick is most useful on older, V2 Supercharger stalls, but it can also come in handy on the newer V3 units if you happen to have a Cybertruck parked on your driveway.

Wallpaper

Infinite Machine’s P1 electric scooter blends performance, practicality and cyberpunk style

The P1 electric scooter from New York-based start-up Infinite Machine is a visually striking urban ride with zero emissions and practical features

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news in one place.

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Top News

US Investigates Tesla Autopilot Recall

US investigation into Tesla's Autopilot system raises safety concerns. Stay informed on the latest updates and responses from Tesla.

International Business Times UK

Elon Reveals One Relatable Daily Habit He Struggles To Break: Check Out His Morning Routine

Elon Musk runs Tesla and SpaceX, owns Twitter, works long hours, and prioritises sleep more. His routine is demanding but surprisingly relatable.

Top News

Tesla's China-Made EV Sales Drop 18% In April

Tesla's China-made EV sales declined in April due to semiconductor shortage, competition, and policy changes. Despite challenges, Tesla remains a key playe...

Top News

Tesla Executive Reassigned To China As Musk Tightens Control

Tesla executive reassigned to China as Elon Musk consolidates power within the company. Musk focuses on reshaping Tesla's future with emphasis on AI techno...

BYD Seal review: a tempting Tesla rival

With a 3.8-second acceleration and a sub-£50k price point, there's lots to love about the BYD Seal

InsideEVs

Lucid Is Still Losing Money Fast: Q1 2024 Earnings Report

Lucid said it lost an $598 million (adjusted) last quarter, but secured another $1 billion from an affiliate of the Saudi Public Investment Fund.

InsideEVs

Tesla Cybertruck Gets Sideswiped At High Speed, Suffers Minimal Damage

The Tesla Cybertruck’s body is made out of thick, stamped stainless steel, which in the event of an accident, can inflict a lot of damage on another vehicle.

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