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  • Elon Musk Says Tesla Likely to Launch Full Self-Drive Technology in Its Cars This Year

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    Elon Musk said on Wednesday that electric vehicle (EV) giant Tesla likely will launch full self-drive technology this year and generate significant profits that offset some of the margin pressure it’s facing due to aggressive price cuts. “I hesitate to say this but I think we’ll do it this year,” said Tesla CEO Musk, speaking […] More

  • Tesla Announces Record Quarterly Deliveries After Slashing Prices, Up 4 Percent From Q4 2022

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    Tesla on Sunday posted record quarterly vehicle deliveries, but quarter-on-quarter sales growth was modest despite price cuts as rising competition and a bleak economic outlook weighed. Tesla delivered 422,875 vehicles for the first three months of this year, up 4 percent from the previous quarter. This was 36 percent higher than a year ago. In January, Chief […] More