Tesla Shares Jump
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California’s many Tesla dealerships are now under threat. The head of California’s Department of Motor Vehicles said on Tuesday that if the carmaker does not correct its “misleading” branding of “Autopilot,” Tesla will be blocked from selling cars in the state for 30 days.
A California regulator has allowed Tesla to continue selling vehicles in the state for now, the latest development in a case in which the electric vehicle maker had been accused of falsely marketing and overstating self-driving capabilities.
The Department of Motor Vehicles gives Elon Musk’s EV company 60 days to change how it promotes Autopilot and Full Self-Driving features or face a 30-day sales ban.
Planning to buy the Tesla Cybertruck as your next vehicle? Learn whether the EV is reliable or not as per Consumer Reports and user reviews.
Ross Gerber, a longtime Tesla investor and founder of Gerber Kawasaki Wealth & Investment Management, has become a Tesla bear. He’s betting Tesla won’t catch up to Waymo in the self-driving car race, citing the company’s failure to implement new technology along with its soiled reputation as reasons it is falling behind.
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Unemployment rate rises, Tesla's 2025 turnaround, Siri's AI upgrade and more in Morning Squawk
The iPhone maker has promised that it will launch the next generation of its AI voice assistant Siri sometime next year. The upgrade — which was originally scheduled for 2025 before being delayed in March — is seen as a chance for Apple to catch up to the likes of OpenAI, Google and their respective chatbots.
Tesla extends gains after setting a record closing high, while Lennar tumbles following weak earnings for the home builder.
Tesla has announced the opening of its first Tesla charging station in Gurugram, marking another step in its India expansion following the recent launch of the Tesla Centre in the city. The new charging facility is located at DLF Horizon Centre and becomes Tesla's first charging site in Gurugram.