Tesla is cutting prices on its Model X and Model S vehicles
Prices could fall even further now that the automaker is planning a new factory in northern Mexico, analysts say.
Prices could fall even further now that the automaker is planning a new factory in northern Mexico, analysts say.
Tesla says it will use innovative manufacturing techniques and smaller factories to cut the cost of its next generation of vehicles by as much as half of the ones it now builds.
The recall, part of a larger investigation by U.S. safety regulators into Tesla's automated driving systems, came after regulators expressed concerns about the way Tesla's system responds in four areas along roads.
The Biden administration announced rules for EV chargers and new commitments from Tesla, GM and others.
Government's new classification of cars that qualify for the generous tax credit is a win for Tesla and other automakers.
The Austin, Texas, electric vehicle maker cautioned that if the government decides to pursue an enforcement action, it could possibly have a material adverse impact on its business.
Tesla on posted record net income in the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker.
Automaker recently cut prices on popular models, leading to speculation that its sales are slowing.
With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically Friday on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest.
A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a "Full Self-Driving" system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from U.S. safety regulators.
Investigators say they "developed probable cause to believe this incident was an intentional act."
Shares of Tesla tumbled Tuesday on the first full day of trading since the company announced 2022 delivery numbers that fell short of targets.
"This is a sign of demand cracks and not a good sign for Tesla heading into the December year-end," one analyst said.
New electric vehicle models from multiple automakers are starting to chip away at Tesla's dominance of the U.S. EV market, according to national vehicle registration data.
Tesla to open testing facility and service center aimed at electric vehicles in Southfield.
Tesla is recalling over 24,000 Model 3 vehicles over a seat belt issue.
Eleven additional people were killed in U.S. crashes involving vehicles that were using automated driving systems during a four-month period earlier this year, according to newly released government data, part of an alarming pattern of incidents linked to the technology.
Tesla says in documents posted Thursday by U.S. safety regulators that the automatic window reversal system may not react correctly after detecting an obstruction.
Westland police say that a crash involving a Tesla and a train that happened Wednesday morning did not include the use of the Tesla's autopilot feature.
Senior Producer/Host Carol Cain discusses mobility revolution and how electric cars, drones and planes will evolve with Mujeeb Ijaz of ONC, Trevor Pawl, Chief Mobility Officer of Michigan, Brett Adcock of Archer Aviation, and Glenn Stevens, of MICHAuto who share latest developments.
William Shatner, star of the iconic 1960s TV show "Star Trek," and Bob Lutz, former Vice Chair of GM, join two Detroit entrepreneurs as they appear on "Michigan Matters" airing 8 am this Sunday on CBS 62 to discuss the electric future.
Tesla says it delivered 201,250 electric vehicles in the second quarter as it overcame a global computer chip shortage that has hit nearly every automaker.
A fire-damaged Japanese factory that supplies many of the auto industry's computer chips is producing about 88% of what it was making before the March blaze, its owner says.
Two key groups that offer automobile safety ratings are yanking their top endorsements from some Tesla vehicles because the company has stopped using radar on its safety systems.
The Federal government is launching an investigation after last Thursday's crash in Detroit's southwest side involving a Tesla and a semi-truck.
Former Michigan Police Chief Tressa Beltran has pleaded guilty to drug charges, according to the Michigan Attorney General's office.
Israel launched at least one missile strike at Iran early Friday morning, U.S. officials confirmed to CBS News, in apparent retaliation for last weekend's drone and missile attack.
"Ultimately we think this is a better approach that reflects the evolution of the business," Netflix Co-CEO Greg Peters said on an earnings call.
Detroit Lions unveiled new uniforms on Thursday, including a black alternate uniform. The unveiling comes hours after they were leaked on social media.
The Detroit Zoo is planning to reveal a new design for its water tower this year.
Detroit Lions unveiled new uniforms on Thursday, including a black alternate uniform. The unveiling comes hours after they were leaked on social media.
Former Michigan Police Chief Tressa Beltran has pleaded guilty to drug charges, according to the Michigan Attorney General's office.
Israel launched at least one missile strike at Iran early Friday morning, U.S. officials confirmed to CBS News, in apparent retaliation for last weekend's drone and missile attack.
"Ultimately we think this is a better approach that reflects the evolution of the business," Netflix Co-CEO Greg Peters said on an earnings call.
In response, one House Democrat said she is surprised to continue having these conversations.
Workers at Mercedes-Benz factories near Tuscaloosa, Alabama, will vote next month on whether they want to be represented by the United Auto Workers union.
After leading the United Auto Workers on its historic strike against the Detroit Three automakers, Shawn Fain has been named on Time's list of the most influential people of 2024.
General Motors and real estate firm Bedrock announced Monday the automaker's headquarters will move to the Hudson's Detroit development in downtown Detroit from the Renaissance Center.
With U.S. electric vehicle sales starting to slow, Ford Motor Co. says it will delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup.
New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates.
"Ultimately we think this is a better approach that reflects the evolution of the business," Netflix Co-CEO Greg Peters said on an earnings call.
Taylor Swift took to social media hours ahead of the expected release of her new album "The Tortured Poets Department."
Guitar legend Dickey Betts, who co-founded the Allman Brothers Band and wrote their biggest hit, "Ramblin' Man," has died.
Charli XCX and Troye Sivan are teaming up to co-headline an arena tour across North America, which will kick off here in Detroit.
ABBA, Blondie and The Notorious B.I.G. are entering America's audio canon.
"Ultimately we think this is a better approach that reflects the evolution of the business," Netflix Co-CEO Greg Peters said on an earnings call.
Tesla's stock price has tumbled 39% this year amid concerns about the electric vehicle maker's slowing growth.
Taylor Swift took to social media hours ahead of the expected release of her new album "The Tortured Poets Department."
Scientists are using a range of tools to protect the endangered wildlife that could disappear in coming decades.
Guitar legend Dickey Betts, who co-founded the Allman Brothers Band and wrote their biggest hit, "Ramblin' Man," has died.
Health officials are warning consumers not to consume the Infinite Herbs basil sold at Trader Joe's after 12 people were sickened.
Organic option is best when buying certain produce, especially blueberries, nonprofit group says in analysis of chemical residues.
MDARD officials say the virus, which was first detected in Michigan in 2022, was found in Newaygo County, making it the seventh flock in the state in the last two years.
The $872 million most likely excludes any amount UnitedHealth may have paid to hackers in ransom.
George Schappell and sister Lori, of Reading, Pa., were the world's oldest conjoined twins, according to the Guinness Book of World Records.
Detroit Lions unveiled new uniforms on Thursday, including a black alternate uniform. The unveiling comes hours after they were leaked on social media.
On the ground, the Michigan State Police will send at least 50 troopers to patrol the NFL Draft footprint daily, while the Wayne County Sheriff's Office will assign 70 deputies to the event.
The NFL revealed that Big Sean, Bazzi, the Detroit Youth Choir and more local artists will perform as part of the concert series for the 2024 NFL Draft in Detroit.
The No. 1 pick in this year's WNBA draft is "going to raise all boats" for players in the league, one expert said.
More than 20 people have been convicted in the case, many of them onetime NBA players.
Michael Bickers, Regional President of PNC Southeast Michigan/Detroit, and Eric Poe, CEO of CURE Auto Insurance, appeared on CBS Detroit's Michigan Matters.
Businesses across Michigan are feeling optimistic about the future after weathering the historic 100-year health pandemic that impacted every company in one way or another.
Three leaders talked about how the region is doing to help people deal with mental health issues.
The issue of abortion and IVF was also discussed during the roundtable, along with thoughts on how they might sway voters this fall.
Riney, who has spent his 46-year career at Henry Ford Health, was named one of Modern Healthcare's 100 Most Influential People.
Iraqi Prime Minister Mohammed Shia al-Sudani traveled to Michigan on Thursday to meet with the state's large Iraqi community and update them on escalating tensions in the Middle East.
Detroit Lions unveiled new uniforms on Thursday, including a black alternate uniform.
In celebration of Arab American Heritage Month, CBS News Detroit takes a look into the culture in Metro Detroit, highlighting the history, leadership, food, and comedy.
Behind every athlete is a mother supporting them behind the scenes. On April 21, the "My Mom's First Fan" event celebrates Metro Detroit football mothers. Khary Frazier, founder of Detroit is Different, and Constance "Maspice" Davis, the mother of retired NFL player Anthony "Spice" Adams, joined CBS News Detroit to talk about the upcoming event.
Rain overnight will break early tomorrow morning while cooler air rushes in to kickstart our weekend.