Once unrivalled in the EV space, Tesla is facing a budding rivalry with BYD. Chinese automaker BYD overtook Tesla as the world’s largest seller of electric vehicles in 2022.

Who is this Chinese automaker who overtook Tesla?

Auto safety regulators in the US have launched a fresh probe into Tesla's Model Y SUV after reports claimed that the steering wheels of the vehicle came off while being driven.

Elon Musk’s Tesla under investigation amid plaints of steering wheel coming off while driving

Tesla Inc has cut prices on its two most expensive electric vehicles in the United States, according to the company's website, days after Chief Executive Elon Musk said recent price cuts on other models had stoked demand.

Tesla to cut US Model S and Model X prices by 4% and 9%

Tesla gets near about 330 million dollars in terms of tax benefits for the Nevada Giga Factory expansion. The development of the electric vehicles and manufacturer Tesla Giga Factory complex with two new plants has received more than 330 million dollars in terms of tax abatement approval from the Nevada governor's office of Economic Development.

Tesla to invest $3.6 BN in Nevada for two new factories

Tesla is getting ready to spend more than $3.6 billion to build its Gigafactory complex in the state. Electric vehicle manufacturer Tesla is expected to get over $330 million in tax benefits from Nevada.

Tesla gets tax benefits worth over $330 million from Nevada

Shares of Tesla fell more than 5% and after hours trade yesterday, the company failed to unveil a much-awaited small affordable Electric Vehicle. Shares of Tesla were down more than 5%, this after the company failed and it was much anticipated that it would be happening but didn't happen.

Tesla announces plans to halve production costs on Investor Day 2023 | World Business Watch

On the company's investor day on Wednesday (March 1), engineers from Tesla disclosed their plans to reduce assembly costs in future car generations by 50 per cent.

Tesla’s grand plan to reduce assembly costs fails to charm investors, shares dip

Elon Musk is yet to reveal details about Tesla's launch of the much-awaited affordable electric vehicle even as engineers on Wednesday (March 2) told investors about the firm cutting assembly costs by half in future generations of cars.

An affordable Tesla? No details revealed by Elon Musk on investors’ day

China has issued a warning to Elon Musk, against sharing posts that talk about the lab leak theory, suggesting that such commentary could hurt Tesla's relationship with the company's second-largest market.

China warns Elon Musk against sharing post over Covid-19 lab leak theory

A troubled industry. Between July 2021 and May 2022, there were 392 crashes involving cars equipped with autonomous driving technology, according to the NHTSA, which included five serious injuries and six deaths. Of those total crashes, 273 involved Tesla vehicles, five of which were fatal.

How safe are Tesla's self-driving cars?

Shareholders of Tesla have sued CEO Elon Musk and the electric car-making company over “false and misleading” claims about the safety of their electric vehicles' Autopilot and Full Self-Driving technologies.

Elon Musk, Tesla sued by shareholders over ‘misleading’ self-driving claims

Investors who claimed that Tesla Inc. and its CEO Elon Musk overstated the efficacy and safety of its electric vehicles' Autopilot and Full Self-Driving technology filed a lawsuit against them on Monday.

Tesla accused of making false, misleading statements

Elon Musk reclaims the title of richest man in the world. Musk's current net worth is USD 187 billion. The owner of Twitter had a net worth of USD 137 billion at the start of the year. Since September 2021, Elon Musk has held the title of richest man in the world.

Tesla stock rises post fourth-quarter earning, Elon Musk world's richest person again

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

Electric car maker Tesla is now reworking on its manufacturing plans, in latest, Tesla has passed plans to produce entire batteries in Brandenburg plant in Germany, it will instead carry out some manufacturing in US, where tax incentives are more favourable.

Tesla scales back German battery plans, changes EU manufacturing plan | World Business News

Tesla said that it is recalling more than 362,000 vehicles after U.S. regulators said that its full self-driving driver assistance system could actually result in crashes in real time without its software actually allowing vehicles to even exceed speed limit.

Tesla to recall over 362,000 U.S. vehicles, will update self-driving software

Yet another complaint is filed against Tesla. The Workers United union alleged that the automaker giant has fired several employees from its Buffalo New York plant.

Tesla fires dozens of employees a day after union announcement in New York: Report

Tesla Inc. is recalling 362,000 U.S. vehicles to update their Full Self-Driving (FSD) Beta software.The decision was made after U.S. regulators questioned Tesla's safety measures. Watch to know more.

Tesla recalls 362000 US vehicles over self-driving crash risk

Motown, in a move, could turn Tesla into universal filling station of EV era. Tesla will open part of its U.S. charging network to electric vehicles made by rivals. The deal is a part of $7.5 billion.

Tesla to share charging network, 3,500 chargers for non-Tesla customers

In a move that could help turn Tesla into the universal "filling station" of the electric vehicle (EV) era, Tesla will open part of its US charging network to rivals.

Will Tesla turn into the universal EV 'filling station'?

The price of Tesla Inc's best-selling vehicle, Model Y, was increased by $1,000 in the United States after the ceiling on the crossover electric vehicles' price which is eligible for tax credits was raised by the government.

Tesla's Model Y price shoots by $1,000 after tax credit terms relaxed in US

Tesla CEO Elon Musk has been found not guilty by a US jury over his 2018 tweet that was perceived to be misleading investors when he mentioned about securing funding to make Tesla a private company.

Elon Musk found not guilty in 2018 Tesla ‘funding secured’ tweet case

A Tesla financial filing submitted on Tuesday (January 31) disclosed that the United States Department of Justice (DOJ) requested documents related to the company's autopilot and Full Self-Driving (FSD) features.

US Justice Department seeks documents of Tesla's autopilot and Full Self-Driving features

According to a financial statement released by Tesla on Tuesday, the US Department of Justice has launched an inquiry into the company's driver-assistance technologies. The complaint comes as the National Highway Traffic Safety Administration (NHTSA) is now investigating the "Autopilot" system used by the electric vehicle manufacturer.

US Justice Department investigates Tesla's self-driving features

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