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Tesla

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Tesla

The latest news, analysis and opinion on Tesla. In-depth analysis, industry insights and expert opinion.

Chairman / President

CEO / Managing Director

CFO / Finance Director

Zachary Kirkhorn

Industry

Automotive / Energy

Website

tesla.com

Headquarters address

Tesla, Inc.,3500 Deer Creek Road,Palo Alto, CA 94304,United States

Stock Code

NASDAQ:Tesla

Year founded

2003

last updated:

7 November, 2024

Elon Musk and US president-elect Donald Trump in Brownsville, Texas on November 19. Photo: Pool via Reuters

Trump says talk that he has ceded presidency to Musk is a ‘hoax’

President-elect Donald Trump addresses billionaire ally’s power after his influence was on display in congressional budget wrangling.

23 Dec 2024 - 9:35AMvideocam

Pricey Chinese ‘rebadge’? Malaysia’s first home-grown EV splits opinions

19 Dec 2024 - 12:09PMvideocam

Proton’s new EV challenges BYD and Tesla in Malaysia’s growing market

16 Dec 2024 - 9:00PM

Electric & new energy vehicles

Can Chinese electric trucks overcome global tariffs to dominate the market?

Fleets of electric trucks from China have been growing internationally even as Western countries target the country’s EVs with sanctions.

15 Dec 2024 - 1:36PM

Employees of Chinese electric truck start-up Windrose assemble vehicles at a factory in Suzhou, in eastern Jiangsu province. Photo: AFP

Millionaires and billionaires

Elon Musk’s net worth tops US$400 billion in historic first

The most recent catalyst was an insider share sale of his privately held SpaceX, which boosted Musk’s net worth by some US$50 billion.

12 Dec 2024 - 6:04PMvideocam

Xiaomi unveils YU7 electric SUV to rival similar models from Tesla, Li Auto, Nio

Development of the YU7 reflects Xiaomi’s growing confidence in its EV business, which met its 100,000-vehicle production target this year.

10 Dec 2024 - 5:00PM

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GM’s China dream fades amid shift to EVs and rise of local rivals

Carmaker is restructuring its operations as it struggles to compete with domestic brands and shift to EVs.

5 Dec 2024 - 1:12PM

Chinese workers celebrate the first Buick Excelle sedan to roll off the production line at General Motor’s new facility in eastern Shanghai’s Pudong district, in May 2005. Photo: AP Photo

US-China relations

My Take | Apple, Tesla and Starbucks to face testing time in China under second Trump administration

These cosy relationships may be challenged during the second Trump term due to changing market conditions and deteriorating US-China ties.

26 Nov 2024 - 7:00AM

SCMP Highlights

Recap | EV giants at crossroads, BYD set to overtake Volkswagen: 6 China EV reads

A do-or-die moment facing the likes of Nio, Xpeng, Geely’s Zeekr and Leapmotor, and more: some of our latest reads on the Chinese EV industry.

23 Nov 2024 - 4:54PM

SCMP Highlights

Recap | China rushes to stockpile US microchips, world-beating supercomputer: 5 tech war stories

Explore five latest stories on the continuing US-China tech showdown, from a scramble to stockpile chips ahead of Trump sanctions to semiconductor firms in Washington’s crosshairs.

23 Nov 2024 - 1:53PM

China is accelerating its efforts to stockpile microchips from the United States, as it looks to hedge against a potential wave of sanctions from the incoming administration of president-elect Donald Trump. Photo: Shutterstock

Trump ‘efficiency’ tsar Elon Musk outlines plans for mass US cuts

Elon Musk and Vivek Ramaswamy will lean on Supreme Court rulings as they take aim at hundreds of billions of dollars in government spending.

21 Nov 2024 - 11:52AMvideocam

Elon Musk and President-elect Donald Trump have become close allies. Photo: Reuters

US presidential election 2024

Elon Musk’s China ties ‘a profound threat’ to US national security: senator

The SpaceX and Tesla CEO’s business interests could be exploited by Beijing, according to testimony at cybersecurity hearing.

21 Nov 2024 - 1:16AMvideocam

Artificial intelligence

Baidu cuts self-driving vehicle costs to US$34,525 as mass production ramps up

Baidu chief executive Robin Li said the RT6 is now the world’s only mass-produced Level-4 autonomous driving vehicle.

19 Nov 2024 - 8:00PM

My Take | Tesla is getting love from Chinese state media, but can the affair last?

Communist Party mouthpiece People’s Daily praised Tesla for sparking an EV boom, but Musk’s role in a new Trump administration could complicate matters.

19 Nov 2024 - 7:00AM

Tesla’s China-made Model 3 vehicles seen during a delivery event at its factory in Shanghai on January 7, 2020. Photo: Reuters

Electric & new energy vehicles

BYD set to usurp VW as China’s top carmaker amid surge in EV deliveries

BYD’s total deliveries have exceeded perennial leader Volkswagen’s volume this year through October.

18 Nov 2024 - 8:56PMvideocam

Business of climate change

Hong Kong EV insurance costs to fall, but third-party liability may remain high

Insurance premiums are set to fall as EV prices decline, but third-party liability coverage to remain high due to accident rates and repair costs.

15 Nov 2024 - 8:30AM

Xiaomi CEO Lei Jun marks 100,000 EV milestone with homage to Tesla’s Elon Musk

The Chinese smartphone giant reached that production landmark in just 230 days since launching its SU7 electric sedan.

13 Nov 2024 - 8:27PM

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Electric & new energy vehicles

China battery giant CATL would build US plant if Trump allows it, chairman says

Trump wants to block Chinese EV, battery imports but open to US plants with American workers.

13 Nov 2024 - 2:48PM

Visitors look at a display of CATL operations at the Chinese battery maker’s headquarters in Ningde, Fujian province, on November 8, 2024. Photo: Reuters

Trump rewards Elon Musk with leading role in new ‘Department of Government Efficiency’

The organisation will operate outside the confines of the US government, despite its name.

13 Nov 2024 - 2:32PM

US-China relations

Trump’s China dealings to rely on billionaires like Elon Musk: analysts

President-elect’s transaction-based approach to diplomacy could see informal behind-the-scenes dialogue with Beijing coming to the forefront.

13 Nov 2024 - 4:46AMvideocam

US presidential election 2024

Elon Musk’s PAC ‘spent an estimated US$200 million’ to help elect Trump

Billionaire businessman Elon Musk was one of Donald Trump’s highest-profile surrogates in the 2024 race.

12 Nov 2024 - 2:08PMvideocam

Elon Musk at an America PAC town hall in Lancaster, Pennsylvania on October 10. Photo: TNS

Electric & new energy vehicles

Trump’s return dims outlook for Chinese EV makers amid tariff threats

Chinese EV makers can opt to set up a base in the US, take the tariff blows or find new markets elsewhere, according to Pareto Economics.

12 Nov 2024 - 3:20PMvideocam

Chinese EVs waiting to be loaded onto a ship at Taicang Port in Suzhou, in China’s eastern Jiangsu province. Photo: AFP

US-China relations

How could a hawkish Donald Trump White House team shape US-China ties?

Amid rumours about possible cabinet picks, from Elon Musk to Mike Pompeo, experts say China hardliners could risk ‘fierce confrontation’.

9 Nov 2024 - 12:51AMvideocam

Electric & new energy vehicles

Investors go ‘all in’ on Chinese shares linked to Tesla after Trump’s victory

Investors boost supplier stocks on expectations of Tesla growth based on CEO Elon Musk’s close ties to the president-elect.

8 Nov 2024 - 10:09AMvideocam

Argentina’s President Milei to meet Trump and Musk next week in the US

Since his election late last year, Milei has sought close ties with the US and, since Tuesday’s US election, has stressed support for Trump.

8 Nov 2024 - 5:20AMvideocam

Argentine President Javier Milei is expected to meet Donald Trump and Elon Musk next week in the US. Photo: Reuters

Electric & new energy vehicles

Xpeng launches challenger to Tesla’s FSD autonomous driving system

Guangzhou-based company set three prices for the P7+: 186,800 yuan, 198,800 yuan and 218,800 yuan for the sedan.

7 Nov 2024 - 9:24PM

The Xpeng P7+. Photo: Xpeng

US presidential election 2024

From chip war to TikTok ban: what tech can expect from Donald Trump

As Donald Trump returns to the White House, tech companies are bracing for a revamp of tech policies imposed by Joe Biden.

7 Nov 2024 - 10:20AM

Electric & new energy vehicles

Xpeng to rival BYD, Li Auto in hybrid car market amid shift in consumer demand

Company unveiled Kunpeng, a new charging system for hybrid cars, touted as the longest range extender system in the industry.

6 Nov 2024 - 6:14PMvideocam

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