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EVs are the primary way the company can bring in the cash required for its AI investments. And that business is facing slowing demand.

Tesla is also under scrutiny in the U.S., with NHTSA having launched a defect investigation into certain Model Y door handles. 

Tesla is also under investigation by NHTSA for a “summon” technology that lets drivers tell cars to drive to their location to pick them up, a feature that has reportedly led to fender benders.

Tesla introduced new versions of its top-selling models priced at under $40,000, making its main vehicles more affordable to counteract the loss of U.S. incentives for electric cars.

Lucid Group’s electric vehicle production fell short of Wall Street’s forecasts during the third quarter as the car maker contends with the elimination of the consumer tax credit.

Tesla last added a new product to its lineup almost two years ago with the Cybertruck, and the polarizing pickup has been a disappointment.

Electric handle designs across the industry are in the spotlight following incidents in which people were unable to open doors due to a loss of power, trapping children or other riders inside.

The allegations against the world’s most valuable automaker stem from a middle of the night crash in November 2024 on a residential street in the San Francisco suburb of Piedmont.

The company likely delivered around 439,600 vehicles worldwide in the three months that ended in September, a roughly 5% drop from a year ago.

Tesla urged U.S. environmental regulators to maintain ambitious tailpipe emissions standards that were put in place to push the industry to sell electric vehicles in larger numbers.