Tesla, the prominent electric vehicle manufacturer, reported disappointing financial results for the second quarter of the year, revealing its lowest profit margin in over five years and failing to meet Wall Street's earnings expectations.

⁠Tesla profit margins worst in five years as price cuts, incentives weigh

Tesla has taken legal action against its former supplier, Matthews International, by filing a lawsuit in a California federal court. The allegations put forth by Tesla are serious in nature, claiming that Matthews International has misappropriated confidential trade secrets pertaining to Tesla's cutting-edge battery manufacturing process.

Tesla sues former supplier Matthews over EV battery trade secrets

Many protesters expressed dismay to the expansion of a Tesla plant in Grünheide, near Berlin, clashed with police last week when some of them attempted to barge in the electric vehicle manufacturing facility.

Protestors try to attack German Tesla factory, clash with police

Complaints about the reverse gear on Tesla cars have resurfaced following a tragic incident involving Angela Chao, a billionaire who died after mistakenly engaging the reverse gear on her SUV, causing it to back into a pond on her Texas ranch.

Tesla’s gearshift design under scrutiny following death of US billionaire

Billionaire Elon Musk-owned Tesla Inc saw bumper sales of electric vehicles in the second quarter of 2023, a Reuters report said on Sunday. EV maker said it sold 466,140 vehicles in the April to June period.

EV maker Tesla beats second-quarter delivery estimates as price cuts pay off

The shares of Electric Vehicle giant Tesla has been on a downward spiral in April, dragging the company's market valuation below $500 billion. Media reports said on Wednesday that investors are fretting over the company's price-cutting strategy and the consequent hit on its profit margins.

Tesla’s valuation drops below $500 Billion on profit margin fears

Mexico is witnessing fierce competition among its states to secure a possible Tesla plant in a tussle similar to what goes on among US cities and governments competing to gain investments from IT companies.

‘Welcome Tesla’: Race heats up among states in Mexico to secure Musk firm’s plant

South Korea's antitrust regulator announced that it will impose a 2.85 billion won ($2.2 million) fine on US automaker giant Tesla for "exaggerating range" of its electric vehicles (EVs) on its official local websites in August 2019 until recently, Reuters reported.

South Korea's KFTC fines Tesla $2.2 million for 'exaggerating' driving range of EVs in cold temperature

Tesla's founder and CEO, Elon Musk, has appointed Tesla China's head Tom Zhu to take charge of all operations in North America and Europe on Tuesday. Zhu retains his current responsibilities while he takes charge as Tesla's most senior sales executive in the rest of Asia, Reuters news agency reported.

Tesla's China head elevated to global role, takes charge of sales operations in North America

US automaker Tesla suspended production at its Shanghai plant on Saturday, as per an internal notice, Reuters reported citing people familiar with the matter. According to the sources, the company cancelled the morning shift of the employees and told its workers they could start their break.

US automaker Tesla suspends production in Shanghai after an internal notice: Report

Elon Musk-led Tesla closed down its flagship showroom in China last week in an effort by the electric vehicle giant to adjust sales and service strategy amid ongoing Covid-related restrictions in the country.

China's 'zero Covid policy' forces Tesla's retail strategy overhaul, flagship showroom closed in Beijing

Tesla CEO Elon Musk says that the company's new Germany and United States factories are " gigantic money furnaces" which are "losing billions of dollars" due to battery shortages and China's supply disruptions.

Elon Musk calls new Tesla factories 'gigantic money furnaces'. Here's what he said

Tesla Inc on Saturday reported better-than-expected 2020 vehicle deliveries, driven by a steady rise in electric vehicle adoption, but narrowly missed its ambitious full-year goal during a punishing year for the global auto industry.

Tesla 2020 deliveries beat estimates, but fall just short of Musk's target