Tesla's chair warns shareholders
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TSLA stock dropped 73.6% from a peak of $409.97 on 4 November 2021 to $108.10 on 3 January 2023, compared to a peak-to-trough decline of 25.4% for the S&P 500. Since then, the stock rose to a maximum of $479.86 on 17 December 2024 and is currently trading at $452.42
Tesla's FSD v14.1.2 update reintroduces Mad Max mode, enabling higher speeds and more frequent lane changes than the standard Hurry profile setting.
Elon Musk’s polarizing political actions since acquiring Twitter, later rebranded X, in 2022 dramatically hurt the automaker’s U.S. sales, underscoring how deeply its fortunes are intertwined with the billionaire’s persona.
Tesla's Optimus robot handed out candy by New York's Nasdaq building. The bot was plugged in, and it's unclear whether it was tele-operated by humans.
The National Highway Traffic Safety Administration issued multiple recalls, including notices for vehicles from Ford, Ram and Tesla.
In Sweden 70 car mechanics are continuing to take on one of the world's richest companies – Tesla. The strike at the US carmaker's 10 Swedish service centres has now reached its second anniversary, and there is little prospect of a resolution. Janis Kuzma has been on the Tesla picket line since October 2023.
NHTSA is investigating Tesla’s “Mad Max” driving mode amid reports of risky behavior, adding to recalls, cost cuts, and renewed scrutiny for the automaker.
The issue in certain 2025 Model 3 and 2026 Model Y vehicles could result in the driver losing the ability to accelerate the vehicle, increasing the risk of a crash, the regulator said. Tesla said it will replace the affected battery pack contactor free of charge. The company did not immediately respond to a Reuters request for comment.
Tesla’s European sales in September were 39,837 vehicles, down 10.5%, according to the European Automobile Manufacturers’ Association.