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CEO Elon Musk says lower-cost electric car will reignite demand by appealing to broader range of buyersTesla has launched the lower-priced version of its Model 3 car in Europe in a push to revive sales after a backlash against Elon Musk’s work with Don…
MG4 only managed 281km of its claimed 405km range, while Tesla Model Y came closest to matching expectationsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastElectric vehicles are not trav…
Elon Musk-owned electric carmaker also called for support for the secondhand market, documents revealBusiness live – latest updatesTesla privately warned the UK government that weakening electric vehicle rules would hit battery car sales and risk the c…
I’ve been struggling to imagine Elon Musk might do if he gets his trillion-dollar payday. He could spend a million dollars a day for 3,000 years. Or, more realistically, $100 million a day for 30 years. He could spend the $290 million he invested in D…
The Tesla CEO once hinted he was done with politics – but he’s been leaning further into the international far rightWhen the far-right activist Tommy Robinson emerged from a London courtroom this week after a judge cleared him of a terrorism charge, he…
Making Elon Musk the world’s first trillionaire appears to fit a US investment culture of backing high-flying innovatorsFor all the headlines about an on-off relationship with Donald Trump, baiting liberals and erratic behaviour, Tesla shareholders are…
Chants of ‘Elon’ erupt after compensation plan approved despite opposition from several high-profile investorsTesla shareholders approved a $1tn compensation plan for CEO Elon Musk on Thursday, awarding the world’s richest person what would be the larg…
Carmaker’s seventh biggest single investor will vote against package at annual shareholder meetingBusiness live – latest updatesNorway’s sovereign wealth fund has said it will vote against a $1tn (£765bn) pay package for the Tesla chief executive, Elon…
Some drivers say vehicles using new version of full self-driving system can travel above speed limitsThe US main transportation safety regulator said on Friday it was seeking information from Tesla about a new driver assistance mode dubbed “Mad Max” th…
Carmaker exceeded Wall Street’s expectations with more than $26bn in revenue, but saw a 37% drop in profitsDespite record vehicle sales, Tesla saw a precipitous drop in profit in its most recent quarter.A rush to buy electric vehicles before a US tax c…