Tesla News

NHTSA Opens Tesla Probe Into Reports Steering Wheels Fell Off

The National Highway Traffic Safety Administration (NHTSA) said Wednesday it is opening a preliminary investigation into 120,000 2023 Tesla Model Y vehicles after two reports of steering wheels falling off while driving. The U.S. auto safety regulator said the steering …

Tesla Recalls 3,470 Model Y Vehicles Over Loose Bolts

Tesla Inc TSLA.O said it is recalling 3,470 2022 through 2023 Model Y vehicles in the United States because bolts securing the second-row seatback frames may not have been securely tightened, according to a filing made public Saturday. The National …

Nevada Board Voting on $330M in Additional Tesla Tax Breaks

Tesla may receive over $300 million in tax abatements over the next two decades for a massive new expansion of its northern Nevada facility, the product of a 2014 deal for when the company first came to the area on …

Tesla, Musk Sued by Shareholders Over Self-Driving Safety Claims

Tesla Inc. and its Chief Executive Elon Musk were sued on Monday by shareholders who accused them of overstating the effectiveness and safety of their electric vehicles’ Autopilot and Full Self-Driving technologies. In a proposed class action filed in San …

Tesla Fatal Crash With Fire Truck Draws Regulator Inquiry

The US National Highway Traffic Safety Administration asked Tesla Inc. for more information about one of its vehicles colliding with a fire truck in a fatal crash in the San Francisco Bay area. The agency reached out to the manufacturer …

Tesla Recalls 362,000 Vehicles Over Full Self-Driving Software

Tesla Inc. said it would recall 362,000 U.S. vehicles to update its Full Self-Driving (FSD) Beta software after U.S. regulators said on Thursday the driver assistance system did not adequately adhere to traffic safety laws and could cause crashes. The …

Securities Fraud Trial Over Elon Musk’s 2018 Tweets Draws to a Close

A lawyer for Tesla Inc. shareholders who claim Elon Musk deceived them when he tweeted that he had secured funding to take his electric car company private is expected to make closing arguments to a San Francisco jury on Friday. …

U.S. Justice Department Seeks Tesla Driver-Assist Documents

Tesla Inc. disclosed on Tuesday the U.S. Justice Department has sought documents related to its Full Self-Driving (FSD) and Autopilot driver-assistance systems as regulatory scrutiny intensifies. The automaker said in a filing it “has received requests from the DOJ for …

Tesla Competing With ‘GEICOs of the World’ to Lower Insurance Prices

While executives of Tesla said the car maker’s insurance business isn’t yet big enough to warrant separate financial disclosure of its results, Chief Executive Officer Elon Musk reiterated a benefit for Tesla owners: cheaper premiums. Speaking on an earnings conference …

Musk Faces SEC Probe for Role in Tesla Self-Driving Claims

US regulators are investigating Elon Musk’s role in shaping Tesla Inc.’s self-driving car claims, the latest effort by watchdogs to scrutinize the actions of the world’s second-richest person. The review is part of an ongoing Securities and Exchange Commission probe …