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Tesla

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Tesla
Tesla
The latest news, analysis and opinion on Tesla. In-depth analysis, industry insights and expert opinion.
Chairman / President
Elon Musk
CEO / Managing Director
Elon Musk
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
Contemporary Amperex Technology is the world’s largest EV battery maker, accounting for nearly 37 per cent of the global market. Photo: Reuters
IPO

World’s largest EV battery maker plans Hong Kong IPO to fund global growth

The Shenzhen-listed battery maker’s share issuance plan is pending approval from regulators and shareholders.

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Artificial intelligence

Tesla rival Li Auto wants to expand into an AI and robot company

Donald Trump

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

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Malaysia

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

Proton’s e.Mas7 struggles to convince EV fans, with some praising its good value and others dismissing the car as an overpriced model.

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Malaysia’s first locally produced electric vehicle, the e.Mas7, was launched in Kuala Lumpur on December 16. Photo: AFP
Malaysia

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

Proton hopes the launch positions the Malaysian carmaker as a leader in the region’s burgeoning EV market, dominated by Tesla and Chinese brands.

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.

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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.

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Elon Musk jumps on stage as he joins Donald Trump during a campaign rally in Butler, Pennsylvania on October 5. Photo: AFP
Xiaomi

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.

General Motors

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.

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.

Shoppers walk by a Starbucks cafe at an outdoor shopping mall in Beijing, December 23, 2023. Photo: AP
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.

Unprofitable Chinese electric-vehicle makers, ravaged by a discount war at home and higher tariffs abroad, are stepping up cost-cutting measures and new-model launches as they strive to survive in the cutthroat market. Photo: Reuters
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.

Donald Trump

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.

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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.

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Elon Musk’s electric vehicle company Tesla makes half of its cars in China, which also accounts for one-third of its sales. Photo: Aly Song
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.

Baidu says the RT6 is the world’s only mass-produced, Level-4 autonomous-driving vehicle. Photo: AP
China economy

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.

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.

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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.

Comprehensive motor insurance covers third-party liabilities and medical expenses of the insured in an accident. Photo: Jelly Tse
Xiaomi

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.

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.

Donald Trump

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.

Elon Musk at a rally for Donald Trump in New York, in October. Photo: AFP
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.

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Tesla CEO and X owner Elon Musk speaks during a rally for Donald Trump in Butler, Pennsylvania, on October 5, 2024. Photo: Reuters
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.

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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.

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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’.

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US president-elect Donald Trump acknowledges supporters during an election night event in West Palm Beach, Florida. Photo: TNS
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.

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Tesla CEO Elon Musk speaks alongside Donald Trump during a campaign rally in Butler, Pennsylvania, on October 5, 2024. Photo: AFP
Donald Trump

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.

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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.

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