Tag Archives: Tesla
Jury orders Tesla to pay more than $200 million in Autopilot crash case
MIAMI -- A Miami jury decided that Elon Musk’s car company Tesla was partly responsible for a deadly crash in Florida involving its Autopilot driver assist technology and must pay the victims more than $200 million in punitive damages.
The federal jury held that Tesla bore significant responsibility because its technology failed and that not all the blame can be put on a reckless driver, even one who admitted he was distracted by his cell phone before hitting a young couple out gazing at the stars. The decision comes as Musk seeks to convince Americans his cars are safe enough to drive on their own as he plans to roll out a driverless taxi service in several cities in the coming months.
The decision ends a four-year long case remarkable not just in its outcome...
Tesla continues its financial struggles even after Elon Musk’s White House exit
Tesla’s financial position is getting worse as the fallout continues from CEO Elon Musk’s politics.The electric automaker reported Wednesday that both revenue and profits fell in the second quarter of the year compared with a year ago. It’s the second straight negative earnings report from the company, which has suffered damage to its brand and become a lightning rod for street demonstrations.While Tesla is still the No. 1 seller of electric vehicles in the United States by a wide margin, the earnings report shows a deteriorating situation with no obvious quick fix for Musk, the world’s wealthiest person.On a conference call with analysts, Musk laid out aggressive plans to try to expand Tesla’s nascent robotaxi service beyond its limited service area in Austin, Texas. He said he wants to make self-driving Tesla taxis available to...
Tesla debuts in India with upscale showroom launch in Mumbai
NEW DELHI -- NEW DELHI (AP) — Tesla Inc. opened its first showroom in India on Tuesday, marking the electric vehicle maker’s long-anticipated debut in the world’s third-biggest automotive market.
Located in the Bandra-Kurla Complex, an upscale business center in the financial capital Mumbai, the showroom will serve as Tesla’s flagship retail and experience outlet as the company introduces its EV lineup to Indian customers.
Tesla’s entry to India comes after years of delays and policy friction, marking a pivotal expansion in a fast-growing consumer base while global sales are plunging and the company faces challenges in its two core markets, China and the U.S.
Sales of Tesla electric cars fell sharply from April to June as boycotts over Elon Musk’s political views continued keeping buyers away.
For India, Tesla’s entry signals rising investor confidence and strengthens its move...
WhistlinDiesel Team Puts Tesla Cybertruck and Ford F-150 to the Ultimate Test, Business News
Business new tamfitronics WhistlinDiesel's latest video features extreme tests on the Tesla Cybertruck and Ford F-150. The challenges include backing the Cybertruck off a tow truck, tackling rough terrain, high-speed driving, off-road trials, mudding, bomb impacts, and suspension tests, pushing vehicle durability to the limits.Memphis, TN, United States - August 4, 2024 — WhistlinDiesel's YouTube channel is all about pushing vehicles to their absolute limits in the most insane ways possible. Top videos, amassing over 31M views, include catching a thief who stole thousands of dollars worth of equipment and a Hellcat on horse buggy wheels doing burnouts with over 22M views. The channel's 7.63M subscribers tune in for durability tests on luxury vehicles like Ferraris and G-Wagons, as well as unique overseas cars like the Toyota Hilux. The channel delivers extreme content...
