PARIS, France — On Thursday, Tesla CEO Elon Musk expressed his opposition to President Biden’s recent decision to impose a tariff on Chinese electric vehicles.
A fire occurred at Tesla's vehicle assembly plant in Fremont, California on Monday afternoon, as stated by the Fremont Fire Department in a post on the social network X.
Federal authorities have stated that a significant safety deficiency in Tesla's Autopilot system played a role in at least 467 accidents, with 13 resulting in fatalities and numerous others causing serious injuries.
Tesla's profits have dropped by more than half this year, prompting the company to accelerate the launch of new models and implement significant job cuts in an effort to reverse its financial decline.
The initial quarter proved harsh for Tesla investors, with shares of the electric vehicle manufacturer plummeting by 29% over the first three months of the year. This marks Tesla's worst quarterly performance since the close of 2022 and the third most challenging quarter since its initial public offering in 2010. Additionally, Tesla emerged as the top loser within the S&P 500 index during this period.
Tesla owners have received a reminder to maintain focus on the road following the circulation of viral videos featuring drivers wearing Apple's virtual reality headset. Pete Buttigieg, the US Secretary for Transportation, took to X (formerly Twitter) to emphasize that current vehicles necessitate driver engagement "at all times." However, one driver confessed that their video was a prank.
Tesla boss Elon Musk has announced that he will not sell any more stakes in the electric car maker for about two years.
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esla Inc. CEO Elon Musk reacted to a Twitter post that downplayed his role in the early days of the automaker. #Tesla #elonmask #crypto #nft #news #trending