
In a bid to increase adoption of its vehicles, Tesla Inc. plans to increase the number of public charging stations starting this summer, the company announced in an April 24 blog post.
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The recall covers 53,000 Model S and Model X luxury electric vehicles built between February and October of 2016.
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Tesla Inc. has surpassed General Motors in market capitalization to become the most valuable publicly traded automaker as investor enthusiasm continues to ramp up for the company.
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Tesla Inc. increased its vehicle deliveries 69% to just over 25,000 vehicles in the first quarter, a move that sent investors to drive Tesla shares sharply higher this week.
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Ford has become the leading company in the development of automated driving systems, followed by General Motors, the Renault-Nissan Alliance, and Daimler, according to a new report from Navigant Research.
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Tesla will discontinue its entry-level Model S 60 and all-wheel 60D sedans that carry a $68,000 price point, and will sell the 75 and 75D sedans that retail for at least $74,500 as the entry models, the company announced in a letter to owners.
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Tesla has sold $1.2 billion in common shares and convertible senior notes to support the roll-out of the Model 3, the Palo Alto company announced.
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Tesla has launched in the United Arab Emirates (UAE), during an event hosted by CEO Elon Musk in Dubai on Feb. 13.
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Consumer Reports has ranked Audi as the top automotive brand on its annual Brand Report Card, followed by Porsche, BMW, Lexus, and Subaru.
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General Motors CEO Mary Barra met with President Donald Trump on Feb. 3 and engaged in "very constructive discussion," the automotive leader said.
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