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.
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Prices could fall even further now that the automaker is planning a new factory in northern Mexico, analysts say.
Tesla announced plans to build a factory in Monterrey, Mexico -- its third plant outside the United States. New York Times business reporter Jack Ewing joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss what the move means for the company and what its environmental impact could be.
Tesla's Model 3 is $43,000 while new cars sold for an average $49,388 in January, according to Kelley Blue Book.
Tesla is voluntarily recalling over 362,000 cars after the National Highway Traffic Safety Administration reported that the company's full self-driving beta system could cause crashes. Tesla announced that it will release an over-the-air software update. Bloomberg's Detroit bureau chief David Welch joins CBS News to discuss.
The Biden administration announced rules for EV chargers and new commitments from Tesla, GM and others.
Employees in car company's Autopilot unit want to join the same union that organized over 200 Starbucks stores.
An obscure consumer advocacy group spent big bucks to highlight what it calls Tesla's "woefully inept engineering."
Dharmesh Patel's wife and two young children were in the car police say he drove off the cliff on purpose. Authorities first called the family's survival a miracle.
The agency said security video from the driver's home showed the driver and passenger getting into the front seats before driving away from the home.
Government's new classification of cars that qualify for the generous tax credit is a win for Tesla and other automakers.
On Friday, Elon Musk appeared on the witness stand in federal court in San Francisco, testifying in a trial brought by Tesla investors. They say Musk's tweets in 2018 may have crashed the stock price of Tesla, leaving shareholders holding the bag. Musk told the jury, "Just because I tweet something does not mean people believe it …" Correspondent John Blackstone has the story.
Automaker recently cut prices on popular models, leading to speculation that its sales are slowing.
Elon Musk continued his testimony in civil court in San Francisco in a lawsuit brought forth by Tesla shareholders over his 2018 tweet about the company going private. CBS News legal contributor Jessica Levinson joined Vladimir Duthiers and Anne-Marie Green to discuss the case.
Liar or visionary? Depends which side you ask at the trial over two August 2018 Musk tweets about taking the electric carmaker private.
Elon Musk and other Tesla directors are facing a shareholder lawsuit over a 2018 tweet, in which said he was considering taking Tesla private. Investors said the tweet cost them billions. The trial in the lawsuit got underway this week. Jill Fisch, a professor of business law at the University of Pennsylvania, joined CBS News to discuss the trial.
Head of Tesla autopilot said promo was staged and didn't represent car's actual driving capabilities, Reuters reported.
Elon Musk is facing a trial Tuesday over tweets he posted in 2018. Musk posted about a potential Tesla buyout that would have taken the company private, but that never happened, and the company's stock dropped. Seth Schachner, a managing director for Strat Americas, joined Vladimir Duthiers and Anne-Marie Green to discuss what it means for Musk, Tesla and if the case could set a precedent for company executives and what they post on social media.
Slashed prices make some Tesla models eligible for a new federal tax credit that could help spur buyer interest.
The driver of a Tesla that went off a cliff in Northern California has been arrested on suspicion of attempted murder and child abuse. First responders said it was a miracle that the driver, his wife and two children all survived the 250-foot fall without life-threatening injuries.
Investigators say they "developed probable cause to believe this incident was an intentional act."
Buffalo Bills safety Damar Hamlin remains in critical condition in the ICU. His uncle told reporters his nephew's heart stopped twice --once on the field and again in the hospital. The man who drove a Tesla off a California cliff is suspected of doing it on purpose and has been arrested for attempted murder and child abuse. And a new FDA rule widens the availability of abortion pills.
One day after four people in a Tesla survived a plunge near Devil's Slide off the San Mateo County coast, authorities have arrested the driver on suspicion of attempted murder and child abuse charges.
The car plummeted more than 250 feet down a cliff on the side of the Pacific Coast Highway near an area known as Devil's Slide that's known for fatal wrecks, officials said.
Electric car maker fell short of CEO Elon Musk's to boost vehicle shipments by 50% nearly every year.
Electric vehicle maker's valuation on Wall Street has plunged more than $800 billion this year.