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The Latest Breaking News from Tesla Inc.

Elon Musk appoints mystery woman to run Twitter, which he has renamed X Corp

The Tesla billionaire said in a tweet that his role will transition to being Twitter’s executive chairman and chief technology officer.

Wales Online

Nevada considers $190 million in annual tax credits to bring Sony, film industry to Las Vegas

A bipartisan group of Nevada lawmakers has introduced a bill that would give massive tax credits to expand film production in southern Nevada

The Independent UK

Elon Musk says Twitter to get new CEO within weeks

Announcement comes after Twitter users in December voted for Musk to step down.

Al Jazeera

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Billionaire Elon Musk to step down as Twitter CEO with female boss to take over

Musk originally testified to a Delaware Court stating that he only wanted to be CEO of Tesla and no other company

Irish Mirror

Tesla wrong to call driving system 'Autopilot' as cars can't drive themselves, officials say

"It is inappropriate to label something as 'Autopilot' when the system requires the driver to keep their hands on the wheel at all times," the top US transportation official, Pete Buttigieg has said as his department is investigating 14 fatal crashes with Tesla

Daily Mirror

Elon Musk says 'I've hired a new CEO' for Twitter

Musk indicated his successor is female, but the billionaire stopped short of naming a person.

WEKU

Tesla’s Quarter 1 Profits Down Amid The Price Tag Cuts In Their Best Selling Models

Discounts offered by Tesla gave mixed results as the price cut implement to stimulate demand as it walks a tight rope on margins.

Zenger

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Ghost Autonomy Wants to Use Smartphone Cameras to Crack Autonomous Driving

Affordable smartphone cameras are great for selfies and maybe Level 3 autonomy.

Motor1

Elon Musk Talks Tesla FSD Beta 11.4.1, Adds "Major Update Coming"

It seems the Tesla CEO is really trying to sell this latest Full Self-Driving (FSD) beta update. It will be interesting to see if it lives up to his hype.

InsideEVs

Panasonic Will Delay 4680-Type Battery Cell Commercialization

Panasonic announced that it has rescheduled mass production of the upcoming 4680-type cylindrical battery cells in order to improve their performance.

InsideEVs

Tesla shouldn't call driving system Autopilot because humans are still in control, Buttigieg says

The top U.S. transportation official says Tesla shouldn’t call its partially automated driving system Autopilot because the cars can’t drive themselves

The Independent UK

World’s Top 5 EV Automotive Groups Ranked By Sales: Q1 2023

More than 2.5 million plug-in electric cars were sold in the first quarter of 2023, accounting for about 13 percent of the total car sales globally.

InsideEVs

Tesla Cuts Prices On Supercharging In Europe By Up To 25%

Tesla went from a company that was on the brink of bankruptcy to one that can cut prices with little concern. Cheaper Supercharging is underway in Europe.

InsideEVs

Tesla Expanding 4680 EV Battery Cell Facility On Kato Road

InsideEVs

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InsideEVs

Analyst Forecasts Tesla Shares Will Reach $280 In A Year

Tesla’s stock has dropped some in the weeks since the automaker’s Q1 2023 earnings call, with some concerns about slowed inventory turnover and price cuts.

InsideEVs

VW Annual Meeting No Piece Of Cake, Execs Take Heat Over China, EV Pace

VW Group was criticized over the alleged use of forced labor in China, as well as the slow EV transition and market share loss in China to BYD and Tesla.

InsideEVs

Watch How Tesla Tests Its Cars In Extreme Heat

If a car can handle the scorching heat of the United Arab Emirates, then it should be just fine on a highway in California or a country road in Germany.

Bangkok Post

Toyota forecasts 10% rise in annual profit, robust EV sales

TOKYO: Toyota Motor Corp on Wednesday said it expects operating profit to climb 10% this business year, with a five-fold jump in pure electric vehicle (EV) sales amid an easing in global supply chain disruption from a shortage of chips.

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InsideEVs

Global Plug-In Electric Car Sales Exceeded 1 Million In March 2023

March 2023 was the second best month for plug-in electric car sales around the world, with volume noticeably above 1 million units.

InsideEVs

BYD Cuts Seal Prices, EV Sedan Now 18% Cheaper Than Tesla Model 3

BYD has cut Seal prices by up to 11 percent in China as the local EV market is in the midst of a price war started by Tesla in January 2023.

InsideEVs

2023 Kia EV6 GT Pros And Cons: Supercar In SUV Clothing

The Kia EV6 GT is part supercar, part crossover, all-electric.

InsideEVs

Tesla Denies Rumors About New Model 3 Production Starting Soon

We've been reporting on spy shots and details about the Model 3 Project Highland for many months, but Tesla China just denied rumors related to the project.

InsideEVs

Average EV Transaction Price Down Over $10,000 Year Over Year: KBB

Kelley Blue Book says the average transaction price of a new EV in the US was around $55,000 in April 2023. Meanwhile, the average new car price is $48,275.

InsideEVs

Europe: Plug-In Car Sales Accelerated In March 2023

In March over 322,000 new plug-in electric cars were registered in Europe, which is 29 percent more than a year ago. That's also 23 percent of the total volume.

InsideEVs

Tesla Contacted By Senators Regarding Its Arbitration Clauses

Seven Democratic Senators sent a letter to Tesla about the way it handles worker and customer complaints. It wants Tesla to stop using arbitration agreements.

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