The company plans to offer insurance coverage to 80% of the U.S., before taking its insurance offering international.
Tesla Inc. has had to shut down its plant in Shanghai for a total of 12 production days in recent weeks because of China’s COVID-19 lockdowns.
Supply chain challenges rising from the war in Ukraine could make electric vehicles (EV) more expensive to build as raw material prices shoot up.
In January, Tesla Inc. lead U.S. luxury market sales, lapping segment leader BMW in new vehicle registration, finds Experian data.
Tesla’s Model Y could overtake BMW as the top-selling luxury model when its plant opens in Texas.
The White House hosted the chief executives of major U.S. companies including auto and tech sector firms this week to discuss President Joe Biden's $1.75 trillion Build Back Better legislation.
Consumers ranked Tesla’s app the highest, but respondents reported they were not completely satisfied with any of the apps they tested.
The new rating system requires safeguards that help drivers stay focused and not treat systems, such as Tesla's Autopilot and Volvo's Pilot Assist, as self-driving cars.
Short supplies of new vehicles drove a dip in consumer loyalty of over 3 percentage points, according to Experian.
Ford Motor Co. CEO Jim Farley says he hopes to overtake Tesla in U.S. electric-vehicle sales, but first he hopes to overtake GM.
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