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The Latest Breaking News from Tesla Inc.

Tesla to invest about $5bn in Mexico plant

MEXICO CITY: American electric car maker Tesla will invest about US$5 billion in a massive new factory in the northern Mexican city of Monterrey, a senior government official said Tuesday.

Bangkok Post

Tesla to import EVs into Malaysia, set up charging network

KUALA LUMPUR: Malaysia approved Tesla Inc's application to import battery electric vehicles (EVs) into the Southeast Asian nation, according to the Trade Ministry.

Bangkok Post

Chinese media lashes out at Elon Musk over Covid origin theory

US government remains split over origins of Covid

The Independent UK

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Tesla To Charge $450 To Upgrade Older EVs For CCS Adapter Use

If you need to DC fast charge your Tesla outside the Supercharger network, Tesla makes a $175 adapter. However, older cars may require a $450 retrofit.

InsideEVs

France: Plug-In Car Sales Noticeably Increased In January 2023

Last month some 27,003 new plug-in vehicles were registered in France (up 41.5 percent year-over-year), including 24,930 passenger plug-in cars.

InsideEVs

Tesla to build in northern Mexico sfter AMLO speaks to Musk

Tesla Inc. will build a new plant in Monterrey, Mexico, the nation’s president announced, ending weeks of speculation over where the electric-car maker would choose to operate in the country.

Tribune News Service

Elon Musk reclaims title of world’s richest man after Tesla shares rise

Twitter owner’s net worth reportedly grows to $187bn after precipitous drop in late 2022

The Guardian - US

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Elon Musk is working on a rival to the 'woke' AI company that he co-founded and left after 3 years, report says

"Training A.I. to be woke—in other words, lie—is deadly," Musk tweeted recently. Now the former OpenAI board member is cooking up his own A.I. startup.

Fortune

Mexican President Confirms Location Of Next Tesla Factory

The location was heavily rumored to be in Mexico, but we didn't know exactly where until today.

InsideEVs

Rivian R1T And Mini Cooper SE Top JD Power US EV Experience Study

The Rivian R1T earns the top score overall and overtakes the Tesla Model 3 in the premium segment. Meanwhile, the Cooper SE grabs the win for mass-market EVs.

InsideEVs

Mexican president says Tesla to build plant in Mexico

Mexican President Andrés Manuel López Obrador said Tuesday that electric car company Tesla has committed to building a plant in the city of Monterrey, an industrial hub in northern Mexico

The Independent UK

Musk and Tesla face a fresh lawsuit alleging self-driving tech is a fraud

The new litigation seeks damages for Tesla investors allegedly duped into buying the stock at artificially inflated prices.

Fortune

Tesla And Elon Musk Sued Related To Misleading Self-Driving Claims

The class-action lawsuit suggests Musk and Tesla defrauded shareholders. The group believes Tesla hid the cause of fatal crashes to push its false narrative.

InsideEVs

Rivian Burning Through Cash, Demand Is A Concern Going Forward

On the heels of its Q4 earnings, Rivian is struggling with cash and the demand for its EVs. It doesn't look like it's going to get easier in the near term.

InsideEVs

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Fortune

Move over Bernard Arnault, Musk is officially the richest person on Earth...again

Tesla's share price shot up by nearly 100% as of the close of play on February 27 when compared to its low in early January.

The Independent UK

Elon Musk loses rank as world’s richest person two days after reclaiming it from LVMH’s Bernard Arnault

Billionaire lost title last year as Tesla shares dipped

The Guardian - AU

Afternoon Update: tax hike on $3m super balances; robodebt inquiry ‘double down’ claim; and a Test cricket classic

Balances of more than $3m will be taxed at 30%, up from current concessional rate of 15%

The Guardian - US

Elon Musk overstated Tesla’s autopilot and self-driving tech, new lawsuit says

Shareholders sue the Twitter CEO again, alleging they were defrauded with false claims of the vehicles’ capabilities

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The Independent UK

Tesla requests $330M-plus in additional Nevada tax breaks

Tesla may receive over $300 million in tax abatements over the next two decades for a massive new expansion of its northern Nevada facility, the product of a 2014 deal for when the company first came to the area on the promise of new jobs and major investments in the…

The Independent UK

Elon Musk regains spot as richest person in world with $187.1bn net worth

Billionaire lost title last year as Tesla shares dipped

InsideEVs

Tesla Giga Berlin Production Rate Reached 4,000 Model Y Per Week

The Tesla Giga Berlin-Brandenburg plant in Grünheide near Berlin, Germany produces more electric cars than ever, since it added the third shift in January.

Fortune

Musk halts rollout of Tesla’s self-driving tech until FSD software is fixed

Elon Musk has had to issue a recall of nearly 363,000 cars equipped with FSD Beta. As a result Tesla will pause a further rollout of the software feature.

InsideEVs

Tesla Tops Ford For US Brand Loyalty For First Time

Tesla not only earned the award for top loyalty by "Make," but also several other awards, including individual awards for the Model 3 and Model Y.

The Guardian - US

Elon Musk backs Dilbert cartoonist Scott Adams following racist tirade

Tesla and Twitter chief tweets that ‘the media is racist’ after hundreds of newspapers drop Adams’s comic strip

InsideEVs

Tesla Next-Gen Model Expectations Outlined By Managing Partner

Tesla's Investor Day is coming up on March 1, and the company is expected to talk about its next-gen platform and models. Here are some ideas of what to expect.

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