NHTSA evaluating Tesla driver complaints of unintended acceleration

NHTSA evaluating Tesla driver complaints of unintended acceleration

Tesla Model 3 Source: Tesla A division of the U.S. Department of Transportation is looking into driver complaints that Tesla electric vehicles may suddenly accelerate on their own. CNBC has learned that an independent investor, Brian Sparks, submitted a petition to the National Highway Traffic Safety Administration and its Office of Defects Investigations asking them … Read more…

Tesla Model 3 cars rolls out to customers in China

Tesla Model 3 cars rolls out to customers in China

Elon Musk, chief executive officer of Tesla Inc., speaks during an event at the site of the company’s manufacturing facility in Shanghai, China, on Monday, Jan. 7, 2019. Qilai Shen | Bloomberg | Getty Images Tesla will begin delivering its Model 3 cars made at its Shanghai factory to Chinese consumers on Tuesday amid a … Read more…

Teslas built in China recommended for government subsidies report says

Tesla (TSLA) 4Q 2019 production and delivery numbers

Tesla delivered a record 112,000 vehicles globally during the fourth quarter, significantly topping Wall Street estimates and achieving an ambitious year-end sales goal of CEO Elon Musk. Wall Street expected Tesla to deliver 106,000 vehicles to customers during the fourth quarter, which would have just met an annual delivery goal of the company between 360,000 … Read more…

Tesla investor Catherine Wood sees, worst case, a stock double by 2024

Tesla investor Catherine Wood sees, worst case, a stock double by 2024

Ark Investment Management founder and CEO Catherine Wood told CNBC on Monday that, in the worst scenario, she sees Tesla stock nearly doubling by 2024. “We have our ‘bear price,’ five-year target as $700,” said Wood, whose firm owns a considerable stake in the electric auto maker. “That would be if they lost two-thirds of … Read more…

Climate policies could see high-emitting firms lose 43% of value

Climate policies could see high-emitting firms lose 43% of value

Artem Hvozdkov | Moment | Getty Images Companies with the highest level of carbon emissions will lose 43% of their value by 2025 as governments around the world implement climate policies, a new report has claimed. Published Monday, the report from the UN-backed Principles of Responsible Investing (PRI), Vivid Economics and Energy Transition Advisors estimated … Read more…

Teslas built in China recommended for government subsidies report says

Teslas built in China recommended for government subsidies report says

Elon Musk attends the groundbreaking ceremony of the Tesla Gigafactory in Shanghai, east China, on January 7, 2019. Ding Ting | Xinhua News Agency | Getty Images China’s industry ministry has put Tesla Model 3 cars that are built inside the country on a list of vehicles recommended for government subsidies, according to a Reuters … Read more…