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DETROIT (AP) — Tesla is recalling nearly all of the vehicles it has sold in the U.S. because some warning lights on the instrument panel are too small. It covers the 2012 through 2023 Model S, the 2016 through 2023 Model X, the 2017 through 2023 Model 3, the 2019 through 2024 Model Y and the 2024 Cybertruck. Tesla has already started releasing the software update, and owners will be notified by letter starting March 30. The recall comes as the agency steps up scrutiny of Tesla vehicles. The recall is due to problems with the automatic steering assist function and applies to 1.6 million imported Tesla Model S, Model X, Model 3 and Model Ys.

Persons: Tesla, BYD Organizations: DETROIT, NHTSA, Administration, Market, Tesla Motors, Tesla Locations: U.S, China, Beijing, Shanghai, BYD

☆ Why America's Electric Car Push Isn't Working
▼ + stars: | 2024-01-03 | by ( Paris Marx | ) www.businessinsider.com time to read: +12 min

Electric vehicles were supposed to be inevitable. Auto execs who were once trumpeting the potential of electric cars are even publicly acknowledging that EVs aren't working . In September, 87% of new-vehicle sales were fully electric vehicles. Plus, heavier electric vehicles are harder on roads, produce more air pollution, and pose a greater safety risk for pedestrians. Time for a rethinkThe shift from gas-powered cars to electric vehicles is an opportunity to rethink how Americans get from place to place.

Persons: Joe Biden, Tesla, EVs —, EVs, Edward Niedermeyer, Niedermeyer, Ipsos, CarGurus, bode, Ketan Joshi, Joshi, Benjamin Sovacool, it's, Paris Marx Organizations: EV, Ford, General Motors, Honda, Auto execs, Industry, Tesla Motors, EVs, Cox Automotive, Strategic, Cox, Statistics Norway, Transportation Locations: Mexico, America, California, United States, Norway, Oslo, Norwegian, Paris

☆ How much do Uber and Lyft drivers really make? It varies wildly depending on tips, car expenses, and how they calculate profits.
▼ + stars: | 2023-10-24 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

First, the ride-hailing pay calculations used by researchers, drivers, and companies can vary considerably — some don't fully account for the expenses and hours that impact a driver's profits. Second, drivers' pay can fluctuate based on how often they drive, their vehicle's expenses, and how well their customers tip. Aaron Lavender, a 36-year-old full-time Uber and Lyft driver in Colorado, previously told Insider that tips make up 10% to 20% of his income. AdvertisementAdvertisementMinimum wage laws could help clarify drivers' payThe uncertainty of drivers' pay doesn't seem to have stopped Americans from giving ride-hailing gigs a shot. The number of Uber drivers hit a record-high 5 million in 2022, with more than 70% of new drivers citing inflation as a reason they joined the platform, the company reported.

Persons: Uber, —, Lyft, Jeff Hoenig Jeff Hoenig Uber, Gabe Ets, Jeff Hoenig, Smith, Wesley Johnson, Aaron Lavender Aaron Lavender, Dallas Uber, Aaron Lavender, Nathaniel Hudson, Hartman, he's Organizations: Service, Drivers, Demand, Tesla Motors Locations: Oakland , California, South Carolina, Silicon, Mountain View , California, San Francisco, Dallas, Colorado, Portland, New York City, Seattle, California

☆ Installing solar isn't the only big financial decision to make about controlling home power
▼ + stars: | 2023-10-07 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +9 min

That means it may be a good time to consider a home backup power storage system. Fossil fuel vs. battery power If you're not opposed to fossil fuel-powered options, there are several categories to consider based on your power needs. EVs as a backup power option for the home Some electrical vehicles can be used to back up essential items, or, in some cases, a whole home. "If you're contemplating spending $10,000 on a whole home gas generator system, why not think about an EV with this capability instead?" Some states provide additional solar battery incentives.

Persons: Ian Thomas Jansen, Lonnquist, Benjamin R, Dierker, Vikram Aggarwal, EnergySage, it's, Aggarwal, EVs, Ford's, Jim Farley, Stephen Pantano, Pantano, Sarah Delisle, Ted Tiffany, Tiffany Organizations: Motors Inc, Bloomberg, Getty, Alliance for Innovation, National Centers for Environmental, Consumers, GM, Ford, Swell Energy, Decarbonization Coalition, of Energy, Homeowners, Energy Department Locations: United States, California , Texas, Louisiana, California, California , Vermont , Massachusetts, New York, America

[1/2] The Tesla Energy Powerwall Home Battery is unveiled by Tesla Motors CEO Elon Musk during an event in Hawthorne, California April 30, 2015. Although Tesla sought a number of incentives to set up a battery storage factory, Indian officials conveyed these would not be available, one of the sources said. It is largely dependent on coal-based power generation as storage technologies are expensive and not yet widespread. With incentives, Powerwall costs more than $5,500 in California, with additional costs for solar panels. It is eligible for U.S. federal tax credits and local state and utility incentives for solar and energy storage.

Persons: Elon Musk, India's Modi, Tesla, Narendra Modi, company's, Musk, Modi, Aditya Kalra, Aditi Shah, Sarita Chaganti Singh, Sudarshan, Kirsten Donovan Organizations: Tesla Energy, Tesla Motors, Elon, Thomson Locations: Hawthorne , California, India, DELHI, New Delhi, Tesla's California, California, Houston, Dallas, Texas

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNTThe Tesla Motors Inc. Model X sport utility vehicle (SUV). The car or its computer was suddenly online in a Southern region of war-torn Ukraine, he found by opening up his Tesla app and using a geolocation feature. CNBC found that after the car was totaled, online auction site Copart listed it for sale, according to website listings. "Virtually all of the vehicles that are totaled will end up at a salvage auction," he said. One online auction website that specializes in such sales estimated the winning bid for the vehicle would be between $27,400 and $29,400.

Persons: David Paul Morris, Jay Yarow, Yarow, Ken Tindell, —, Tindell, Copart, Mike Dunne, Steven Lang, Lang Organizations: Tesla Motors Inc, Bloomberg, Getty, CNBC, Drake, Twitter, Canis Labs, Overseas, General Motors Locations: U.S, Southern, Ukraine, New Jersey, Norway

☆ Tesla created secret team to suppress thousands of driving range complaints
▼ + stars: | 2023-07-27 | by ( ) www.cnbc.com time to read: +19 min

He expected to get something close to the electric sport sedan's advertised driving range: 353 miles on a fully charged battery. The directive to present the optimistic range estimates came from Tesla Chief Executive Elon Musk, this person said. Driving range is among the most important factors in consumer decisions on which electric car to buy, or whether to buy one at all. Electric cars can lose driving range for a lot of the same reasons as gasoline cars — but to a greater degree. Independent automotive testers commonly examine the EPA-approved fuel-efficiency or driving range claims against their own experience in structured tests or real-world driving.

Persons: Daniel Acker, Alexandre Ponsin, Tesla, Elon Musk, Elon, Scott Case, Case, Gregory Pannone, Pannone, carmaker, Ford, Jonathan Elfalan, Edmunds, Elfalan, They've Organizations: Tesla Motors Inc, North American, Bloomberg, Getty, Reuters, Tesla, South, Environmental Protection Agency, EPA, Ford, Chevrolet, Hyundai Kona, National Science Foundation, SAE International, U.S, Porsche, Benz, EV, Independent, General Motors, Hyundai, Korea Fair Trade Commission, Service Locations: Detroit , Michigan, Colorado, California, Las Vegas, Austin , Texas, Nevada, U.S, Seattle, Vegas, Henderson, Utah

☆ Look closely: Tesla workers appear to flash a hand signal for the Cybertruck
▼ + stars: | 2023-07-17 | by ( Grace Kay | ) www.businessinsider.com time to read: +2 min

Workers flashed a hand signal in a photo with Tesla's first Cybertruck built at its Austin factory. The photo shows several workers using their thumb and index finger to make an angular shape. Tesla workers appear to have created a hand signal in honor of the EV company's Cybertruck. Pictures of the workers' hand signals quickly took off on Reddit and in a Tesla Motors Club thread. Dozens of Tesla workers made the hand signal in a photo that was posted on the company's Twitter account.

Persons: Twitter Tesla, Elon Musk, Tesla, Franz von Holzhausen, Insider's Nora Naughton Organizations: company's, Tesla Motors, Twitter, Elon Locations: Austin, Austin , Texas, Texas

☆ Stocks making the biggest moves midday: Tesla, IBM, American Express, AT&T and more
▼ + stars: | 2023-04-20 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

American Express posted earnings per share of $2.40 for the first quarter, below an estimate of $2.66, per Refinitiv. On Wednesday, the casino and resort company posted a beat on first-quarter earnings. The decline comes a day after Zions missed earnings expectations in the first quarter. The company posted earnings of $2.73 per share on revenue of $7.97 billion. The downgrade comes ahead of the defense firm's first quarter earnings report, which is set to release April 25.

☆ Tesla nominates ex-CTO JB Straubel to board of directors
▼ + stars: | 2023-04-07 | by ( Lora Kolodny | ) www.cnbc.com time to read: +3 min

JB Straubel, Tesla Motors' former chief technical officer, speaks during a ribbon cutting for a new Supercharger station outside of the Tesla Factory on August 16, 2013 in Fremont, California. Tesla has nominated JB Straubel, the CEO and founder of e-waste recycler Redwood Materials, to its eight-member board of directors, according to an SEC filing out Thursday. Straubel is deemed a co-founder of Tesla due to his engineering and operations leadership at Tesla from early on. Mizuno was previously the chief investment officer Japan's government pension investment fund and has been a member of the Tesla board since April 2020. Besides Straubel, Tesla is nominating CEO Elon Musk and chair Robyn Denholm to be re-elected to the board of directors again.

☆ U.S. regulators rejected Elon Musk’s bid to test brain chips in humans, citing safety risks
▼ + stars: | 2023-03-02 | by ( Rachael Levy | Marisa Taylor | ) www.cnbc.com time to read: +19 min

Companies that do secure human-testing approval typically conduct at least two rounds of trials before applying for FDA approval to commercially market a device. "Everybody in the industry was saying: 'Oh my God, they're going to run straight into a brick wall,'" Ludwig said of Musk's bid for FDA approval. For example, NeuroPace, which makes the brain implant to treat epilepsy, received final FDA approval in 2013 – 16 years after the company's launch. Beyond grants, it provides access to government experts who advise on how to gain FDA approval and commercialize a device. Musk's emails to Neuralink staffers often come from his SpaceX address, said two people who reviewed them.

☆ Factbox: Tesla CEO Musk signals Part 3 of Master Plan is ready
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +3 min

[1/2] Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. PART I (2006) - THE SECRET TESLA MOTORS MASTER PLAN (JUST BETWEEN YOU AND ME):BUILD SPORTS CAR AND AFFORDABLE EVsBefore Tesla put out its first production car, Musk set expectations for three: a sports car, a cheaper four-door family car and an even more affordable third model. The plan was unveiled in 2006 and the first model, the Roadster sports car, rolled out in 2008 at a price of $89,000. Musk had first estimated in 2015 that Tesla vehicles would be able to drive themselves by 2018. But Tesla is yet to unveil a detailed plan for its ride-sharing and robotaxi services.

[1/3] Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. The plan was unveiled in 2006 and the first model, the Roadster sports car, rolled out in 2008 at a price of $89,000. Musk had first estimated in 2015 that Tesla vehicles would be able to drive themselves by 2018. ENABLE CAR TO MAKE MONEYHe said consumers will be able to summon their self-driving Teslas from anywhere. Last year, Musk said Tesla expects to mass-produce a robotaxi with no steering wheel or pedal by 2024, after missing his targets for self-driving vehicles multiple times.

☆ NTSB finds no evidence Tesla Autopilot used in fatal 2021 Texas crash
▼ + stars: | 2023-02-09 | by ( Lora Kolodny | ) www.cnbc.com time to read: +4 min

The National Transportation Safety Board has concluded an investigation into a fatal Tesla crash that occurred in Spring, Texas in 2021. The federal vehicle safety watchdog found no evidence the company's driver assistance system, which is marketed as Tesla Autopilot, was in use at the time of the crash. The crash initially drew widespread attention after a local constable said nobody was behind the wheel at the time of the crash. The NTSB relied on data from Tesla, a sample vehicle and versions of software provided by Tesla, to conduct part of its investigation. If the Tesla had been equipped with systems like this, the NTSB said, the trip and fatal crash may have been prevented.

☆ Wall Street is feeling bearish, but a rare stock market pattern is hinting at a bull rally to kick off 2023.
▼ + stars: | 2023-01-18 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Traders gather on the floor of the New York Stock Exchange, Friday, March 18, 2016. There is little optimism for stocks among Wall Street's foot soldiers, according to the latest fund manager survey from Bank of America. As BofA pointed out, that means the so-called "pain trade" in the stock market is higher, and any sudden rally would catch investors off-guard. But Wall Street survey be damned, stocks seem to be on the brink of a rare, bullish trifecta. The surge has pushed the world's most largest crypto token to levels not seen since before the fall of FTX.

☆ A Tesla driver took a 6,392-mile road trip using Autopilot and Full Self-Driving software — there were some hiccups
▼ + stars: | 2023-01-07 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Tesla driver Tim Heckman drove 6,392 miles primarily using Autopilot and Full Self-Driving. He said Autopilot has gotten "worse" over the years and FSD was "exceptionally poor outside of California." But, the Tesla driver said the software has been a "lifesaver" when it comes to long road trips. In December, Tim Heckman drove a Model S Plaid from Los Angeles to Pennsylvania and back, using the autonomous software for 99% of the journey, an experience he documented on Twitter. "It's kind of like driving with a 15 or 16-year-old driver sometimes," Heckman said of using FSD in city streets outside of California.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's founders on Elon Musk and the early daysElon Musk is the most famous CEO of Tesla, but he's not the company's founder. The original executives, Martin Eberhard and Marc Tarpenning, founded the company in 2003. CNBC sat down with them to talk about the idea for Tesla Motors, the battery, Elon Musk and building its first car, the all-electric Roadster.

☆ Tesla shares have fallen 28% since Elon Musk took over Twitter, lagging other carmakers
▼ + stars: | 2022-12-13 | by ( Lora Kolodny | ) www.cnbc.com time to read: +4 min

CEO of Tesla Motors Elon Musk speaks at the Tesla Giga Texas manufacturing "Cyber Rodeo" grand opening party in Austin, Texas, on April 7, 2022. U.S. electric truck maker Rivian has fallen by 27% over that period. Shares in electric vehicle maker Tesla have fallen 28% since October 27, when CEO Elon Musk bought Twitter and appointed himself "Chief Twit," or CEO, of the social media business. Musk sold billions of dollars' worth of his Tesla holdings to finance the Twitter takeover. Since he took over the company, Musk has been regularly posting incendiary tweets, especially aimed at people who hold center-to-left political values, and whom Musk often paints as enemies with a "woke mind virus."

☆ Peter Thiel thinks Elon Musk is a ‘fraud,’ and 6 other unexpected details about the billionaires' love-hate relationship
▼ + stars: | 2022-12-02 | by ( Dorothy Cucci | ) www.businessinsider.com time to read: +5 min

Thiel and his allies conspired against Musk and replaced him as PayPal CEO while Musk was on his honeymoon. In a new biography, Max Chafkin shares surprising details about Thiel and Musk's relationship, through all of its ups and downs. Here are seven surprising details about Musk and Thiel that provide a glimpse into their long and often-fraught relationship. A source who spoke to both men said that Musk thinks Thiel is "a sociopath," and Thiel considers Musk "a fraud." Musk and Thiel, while longtime collaborators, are fundamentally opposites: Musk is considered an outgoing, eccentric risk-taker, and Thiel is known as a cautious introvert.

☆ Elon Musk slams Tesla founder Martin Eberhard in response to a tweet about the company's origin: he 'could have risked his money, but was unwilling to do so'
▼ + stars: | 2022-11-28 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Eberhard told Insider Musk's comments on Tesla's history were "typical" of the billionaire. "Not one sentence of that tweet is true," Eberhard told Insider. In 2009, Eberhard sued Musk, alleging libel and slander because Musk started calling himself Tesla's founder. "I was thinking that I should do what every guy does and buy a sports car," Eberhard told Insider in 2014. Eberhard told Baer it was the first time he butted heads with Musk.

☆ Elon Musk slams Tesla founder Martin Eberhard in response to a tweet about the company's origin: He 'could have risked his money, but was unwilling to do so'
▼ + stars: | 2022-11-28 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Eberhard once sued Musk, alleging libel because Musk said he's a Tesla founder. Eberhard told Insider that Musk's comments on Tesla's history were "typical" of the billionaire. "Not one sentence of that tweet is true," Eberhard told Insider. In 2009, Eberhard sued Musk, alleging libel and slander because Musk started calling himself Tesla's founder. "I was thinking that I should do what every guy does and buy a sports car," Eberhard told Insider in 2014.

☆ Tesla recalls more than 40,000 U.S. cars over possible loss of power steering
▼ + stars: | 2022-11-08 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Pedestrians walk through a street crossing in front of the American electric company car Tesla Motors official authorized car dealer store in Hong Kong, July 13, 2022. Tesla is voluntarily recalling 40,168 2017-2021 Model S and Model X vehicles that could experience a loss of power steering assist, according to a Nov. 1 filing with the National Highway Traffic Safety Administration made public on Tuesday. An October firmware release caused some vehicles to lose power steering when driving over bumpy roads and potholes. An estimated 1% of recalled vehicles have the defect, according to the release. "Reduced or lost power steering assist does not affect steering control, but could require greater steering effort from the driver, particularly at low speeds," the administration said.

☆ Twitter co-founder Jack Dorsey apologizes after Elon Musk's team begins mass layoff days after $44 billion takeover
▼ + stars: | 2022-11-05 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

Twitter co-founder Jack Dorsey apologized Saturday for growing the company "too quickly" one day after Elon Musk's team laid off approximately half of the workforce. I own the responsibility for why everyone is in this situation: I grew the company size too quickly. On Thursday evening, days after Musk finalized his $44 billion acquisition, Twitter told employees it would notify staffers by email about the status of their employment. The company told employees that it was being done in "an effort to place Twitter on a healthy path." The firings immediately sparked a class action lawsuit against Twitter for allegedly violating federal and state law that requires 60 days’ notice of mass layoffs.

☆ An electric version of a beloved vintage Jeep shows how easy converting your old gas guzzler could soon be
▼ + stars: | 2022-11-01 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

The Jeep CJ Surge concept previews a future electric-vehicle kit for do-it-yourself projects. The Jeep CJ Surge electric concept. The Jeep CJ Surge electric concept. The Jeep CJ Surge electric concept. The Jeep CJ Surge electric concept.

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