Category: tesla

Tesla to Recall 135,000 US Vehicles Under Pressure From Auto Safety Regulators

WASHINGTON—Tesla Inc has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail and raise the risk of a crash after U.S. auto safety regulators sought the recall last month, according to a recall posted on a government website Tuesday. The National Highway Traffic Safety Administration (NHTSA) made the…


EU Looks to Tesla, BMW and Others to Charge $3.5 Billion Battery Project

BRUSSELS—The European Union has approved a plan that includes giving state aid to Tesla, BMW and others to support the production of electric vehicle batteries, helping the bloc to cut imports and compete with China. The European Commission’s approval of the 2.9 billion euro ($3.5 billion) European Battery Innovation project, follows the launch in 2017…


Tesla Market Value Crosses $800 Billion For The First Time

Shares of Tesla Inc jumped as much as 5.6 percent on Friday, pushing the electric-car maker’s market capitalization to more than $800 billion for the first time ever and inching closer to the trillion dollar club. Tesla’s stratospheric rally has helped Chief Executive Officer Elon Musk surpass Amazon.com Inc’s top boss Jeff Bezos to become…


NTD Business Full Broadcast (Jan. 7)

Good news for the new year? Fewer Americans are applying for unemployment benefits. But the number is still high. A new study shows people still prefer shopping in physical stores. But it also says stores will need to evolve in order to survive and thrive. California re-introduces a bill to tax millionaires. We talk to…


NTD Business Full Broadcast (Jan. 4)

A new Congress is sworn in, and Nancy Pelosi — after getting re-elected as House Speaker — says she’ll focus on fighting for social justice, including reducing the wealth gap. Tesla beats 20-20 delivery estimates. It’s the latest good news for the company since it joined the S&P 500. We talk to a tech CEO…