The automaker saw sales of its EVs drop 13% in the European Union in 2024, and is facing growing pressure as rivals launch a wave of cheaper EVs.
Tesla CEO Elon Musk said Wednesday his company will launch a paid ride-hailing robotaxi service in Austin, Texas using its own fleet vehicles this coming
He suggests Elon Musk’s controversial politics could work to Polestar ... Launched as a standalone brand by Volvo and its parent company, Chinese auto giant Geely in 2017, it has spent the past eight years trying to establish itself while missing ...
Elon Musk said today that Tesla will launch “unsupervised full self-driving in Austin as a paid service” in June.
Tesla, alongside BMW and Chinese manufacturers, has filed a challenge against EU tariffs on China-made electric vehicles at the Court of Justice of the European Union. The move adds to tensions between Tesla's CEO,
Speaking to Bloomberg about Elon Musk’s hard right turn, Polestar CEO Michael Lohscheller said, “We get a lot of people writing that they don’t like all this. It’s important to listen closely to what they say.
Tesla and BMW sue EU over tariffs on electric vehicles from China, joining Chinese automakers that filed claims. Read more.
The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.
Tesla's legal challenge is in response to the EU introducing tariffs at the end of October of 7.8 percent on Tesla's China-made vehicles. The bloc has also set tariffs of up to 35.3 percent on other China-made EVs. The new tariffs come on top of a 10 percent standard import tariff that was already in place for electric vehicle imports into the EU.
Musk noted an autonomous fleet could see vehicles utilized an average of 55 hours per week, vs. the current average for vehicles to be utilized just ten hours a week on average. As a first step, Musk said Austin will see an initial launch of unsupervised FSD in Austin in June, and expects California and other states to follow.