Tag: RATI:PRODUCTS
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Tesla slashes prices of Model S and Model X variants in US – website
March 5 (Reuters) – Tesla Inc (TSLA.O) has lowered the prices of its Model S and Model X vehicles in the United States, the website revealed, days after CEO Elon Musk said recent price cuts on other models fueled the demand. Tesla’s Model S car prices were slashed by $5,000. The base Model S version […]
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Mexico cannot match US incentives for proposed Tesla battery factory, minister says
MEXICO CITY, March 3 (Reuters) – Mexico would not be able to match the incentives offered by a US law to curb inflation if Tesla Inc builds a battery factory in the country, Mexico’s finance minister said on Monday Friday, days after Tesla announced construction of a “gigafactory” there. Tesla (TSLA.O) has not confirmed whether […]
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Tesla vows to cut EV production costs in half, Musk keeps affordable car plan a secret
SAN FRANCISCO, March 1 (Reuters) – Tesla Inc (TSLA.O) will cut assembly costs in half in future generations of cars, engineers told investors Wednesday, but Chief Executive Elon Musk did not reveal when it will debut the long-awaited affordable electric car . Shares fell more than 5% in after-hours trading following the company’s investor day […]
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Mexico and Tesla close investment deal after president calls – sources
MEXICO CITY, Feb. 27 (Reuters) – Mexico and Tesla Inc (TSLA.O) are about to announce a deal on the electric vehicle maker’s plans to invest in Mexico after President Andres Manuel Lopez Obrador and Tesla Chief Executive Elon Musk spoke on Monday, Mexican officials said. Lopez Obrador previously revealed he would talk to Tesla’s “owner,” […]
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Jaguar Land Rover opens three European self-driving tech hubs
LONDON, Feb. 21 (Reuters) – Luxury car maker Jaguar Land Rover said on Tuesday it is opening three new tech hubs in Europe to develop autonomous vehicle technologies as part of its partnership with Silicon Valley artificial intelligence company Nvidia (NVDA.O) . The hubs in Munich, Bologna and Madrid will develop self-driving systems for JLR’s […]
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Tesla is recalling 362,000 US vehicles through Full Self-Driving software
WASHINGTON, Feb. 16 (Reuters) – Tesla Inc (TSLA.O) 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 its driver assistance system was not complying sufficiently the traffic kept safety laws and can cause crashes. The National Highway Traffic Safety Administration said the Tesla […]
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Tesla opens US charging network to rivals in $7.5 billion federal program
SAN FRANCISCO, Feb. 15 (Reuters) – Tesla Inc (TSLA.O) will open part of its US charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to increase the use of EVs expand and reduce carbon emissions. The move could help make Tesla the universal “gas station” of the […]