tesla

VinFast plans merger with Black Spade amid revenue contraction

June 19, 2023 | 11:05

VinFast, a prominent Vietnamese automotive manufacturer and a subsidiary of Vingroup, is strategically advancing its merger plans with Black Spade Acquisition Co, aiming for completion by July.

Tesla profits fall on vehicle price cuts sending shares down

April 20, 2023 | 15:44

Tesla reported a drop in first-quarter earnings Wednesday as price cuts at Elon Musk's electric vehicle company boosted demand but hit profit margins.

Tesla to build battery plant in Shanghai: state media

April 10, 2023 | 13:00

Tesla will build a new facility in Shanghai to make its Megapack batteries, Chinese state media reported on Sunday.

Ford confirms cutting 3,000 jobs as it pushes towards electric

August 23, 2022 | 08:00

US auto giant Ford confirmed Monday it is eliminating around 3,000 jobs, mainly in North America and India, as the company pushes to accelerate its transition to electric vehicles.

Elon Musk asks to delay start of Twitter court battle

July 16, 2022 | 12:46

Tesla chief Elon Musk asked a Delaware court Friday to reject a bid by Twitter to put their $44 billion merger lawsuit on trial in September, instead asking to push it back until next year.

Musk sells $8.4 bn in Tesla shares after Twitter deal

April 30, 2022 | 22:00

Tesla chief Elon Musk sold about $8.4 billion worth of shares in the electric carmaker in the days after Twitter's board agreed to his $44 billion takeover offer, according to US securities filings.

Tesla ends above $1 tn in value, Dow and S&P 500 at records

October 26, 2021 | 11:20

Both the Dow and S&P 500 finished at all-time records Monday, extending a bullish run on good earnings while Tesla shot above $1 trillion in market value.

US regulators probe 'spontaneous' fire of top-end Tesla

July 04, 2021 | 08:00

US transportation safety regulators said Friday they are probing an incident in which a brand-new Tesla apparently burst into flames, temporarily trapping the driver, with firefighters needing more than two hours to extinguish the blaze.

Tesla to recall 30,000 cars from China over suspension defects

October 24, 2020 | 20:39

BEIJING: US electric car manufacturer Tesla will recall almost 30,000 vehicles imported into China due to suspension defects, China's market regulator said Friday (Oct 23).

Anxious carmakers hoping losses remain in rear mirror

September 10, 2020 | 09:00

Despite efforts in converting part of their facilities to produce ventilators and face masks for fighting the coronavirus pandemic, global carmakers are still reporting losses that are hoped to eventually change direction into profit again by the end of the year.