Tesla's chair warns shareholders
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Tesla's Optimus robot handed out candy by New York's Nasdaq building. The bot was plugged in, and it's unclear whether it was tele-operated by humans.
U.S. regulators are now looking into Tesla's new "Mad Max" self-driving mode, which allows vehicles to speed and swerve through traffic.
The National Highway Traffic Safety Administration issued multiple recalls, including notices for vehicles from Ford, Ram and Tesla.
Ford stock surges 37% YTD, crushing Tesla's 8% gain. Strong earnings, value appeal and policy tailwinds drive Ford's rally — but can it last?
Tesla's revenue for the quarter increased by 12% year-over-year, as customers in the U.S. hurried to purchase electric vehicles before tax benefits lapsed in September.
The impacted vehicles were equipped with a faulty battery pack contactor that may suddenly open, causing the car to lose propulsion.
The issue in certain 2025 Model 3 and 2026 Model Y vehicles could result in the driver losing the ability to accelerate the vehicle, increasing the risk of a crash, the regulator said. Tesla said it will replace the affected battery pack contactor free of charge. The company did not immediately respond to a Reuters request for comment.
The National Highway Traffic Safety Administration is reportedly looking into Tesla’s new “Mad Max” driver-assistance mode over concerns that it allows vehicles to operate at higher speeds above posted speed limits, reports Reuters as billionaire Elon Musk’s car company continues to draw scrutiny.
In Sweden 70 car mechanics are continuing to take on one of the world's richest companies – Tesla. The strike at the US carmaker's 10 Swedish service centres has now reached its second anniversary, and there is little prospect of a resolution. Janis Kuzma has been on the Tesla picket line since October 2023.
From a shocking financial metric to an unprecedented plug for the CEO's pay package, the electric vehicle maker's earnings call was anything but dull.