SK hynix's foundry subsidiary, SK keyfoundry, is set to produce power semiconductors for Tesla electric vehicles starting the second half of this year.

Tesla is recalling more than 1.6m Model S, X, 3 and Y electric vehicles exported to China for problems with their automatic assisted steering and door latch controls.

Tesla is recalling more than 120,000 of its vehicles because unlocked doors may open during a crash, increasing the risk of injury, according to safety regulators.

Asked by analysts on Ambarella's most recent earnings call whether the company had changed its automotive strategy, Ambarella CEO Fermi Wang said the firm had increased its focus on the Chinese market.

Tesla says it has no plans to stabilise the prices of its popular electric vehicles, despite repeated price cuts denting its profits.

Tesla could begin producing its first cars in Mexico in 2024, with the electric vehicle maker close to receiving its final permits allowing factory construction to begin in Nuevo Leon near the US-Mexico border, the state's governor said on Monday.

Rare earth elements are a bone of contention in EV supply chains, as it can be hard to secure supplies of them, and a large majority of worldwide production is either sourced or processed in China.

Tesla's leadership said Wednesday at an investor event held at the company's factory near the Texan capital that while silicon carbide transistors are key components, "we've figured out a way to use 75% less without compromising the performance or the efficiency of the car."

"I think that Elon Musk's cooperation and or technical relationships with other countries is worthy of being looked at," Biden told reporters Wednesday while speaking about the midterm election results.

"Both Berlin and Austin factories are gigantic money furnaces right now," the Tesla CEO said in a video interview with Tesla Owners of Silicon Valley posted online Wednesday. The comments, part of a broader discussion filmed May 31, offer new insight into Tesla's operations in the days leading up to Musk's decision to cut costs by laying off employees. The reductions will affect about 10% of Tesla's salaried workers over the next three months, or about 3.5% of its global workforce.

Tesla Inc (TSLA.O) plans to suspend most production at its Shanghai plant in the first two weeks of July to work on an upgrade of the site, according to an internal memo seen by Reuters. After the upgrade, the U.S. automaker aims to boost the plant's output to a new record high by the end of July to get closer to its goal of producing 22,000 cars per week in Shanghai, according to the memo.

Tesla Inc. is taking steps to ramp up output at its factory in Shanghai, partly suspending manufacturing capabilities at various points through early August to upgrade production lines. The US-based electric carmaker plans to double its original planned annual target to 1 million cars, according to people familiar with the matter. It will halt most production on its Model Y assembly line for the first two weeks of July while an upgrade is underway.

Tesla has cancelled three online recruitment events for China scheduled this month, the latest development after CEO Elon Musk threatened job cuts at the electric car maker, saying it was "overstaffed" in some areas.

Tesla beat 1st quarter income expectations with more than double previous quarters' carbon credit sales. Tesla has been criticized for its previous years' earnings being dependent on the sales of its carbon credits. These credit sales have been a major driver of Tesla's profits over the years.

Tesla has halted most of its production at its Shanghai plant due to problems securing parts for its electric vehicles, according to an internal memo seen by Reuters, the latest in a series of difficulties for the factory.

Toyota and Volkswagen are gradually bringing their China factories back on line after they were closed for weeks because of COVID lockdowns.

General Motors and Honda Motor said on Tuesday they will develop a series of lower-priced electric vehicles based on a new joint platform, producing potentially millions of cars from 2027 in a bid to beat Tesla in sales.

Musk could use his ownership stake to influence Twitter's business plan or its policies.

Tesla has notified workers and suppliers that production at its Shanghai factory will not resume on Monday as it had hoped, according to an internal notice shared with Reuters.

US automaker Tesla is suspending production at its Shanghai factory for four days after the financial hub said on Sunday it would lock down in two stages to carry out mass testing for COVID 19, two people familiar with the matter said.

Tesla is suspending production at its Shanghai factory for two days as China tightens restrictions to contain the latest Covid outbreak, according to people familiar with the matter.

American electric vehicle maker Tesla may set up manufacturing unit in India if it first succeeds with imported vehicles in the country, according to company CEO Elon Musk. He, however, said at present import duties in India are "the highest in the world" and is hoping for "at least a temporary tariff relief for electric vehicles."

Tesla plans to pay in advance for chips to secure its supply of the crucial materials in a move to overcome the global chip shortage, according to people familiar with the matter. The electric-car maker is also exploring buying a plant as a part of the efforts,

SEC could take a hard look at bitcoin transactions when Tesla files its quarterly statements, after a $101 million profit from sale of digital asset.

Chinese electric car start-up Nio said Tuesday a shortage in semiconductors and batteries will cut its production capacity in the second quarter to 7,500 vehicles a month, down from 10,000.

A new president took office this month determined to fight climate change. Wall Street investors think Tesla is worth more than General Motors, Toyota, Volkswagen and Ford put together. And China, the world's biggest car market, recently ordered that most new cars be powered by electricity in just 15 years.

Tesla announced in an SEC filing Monday that it has bought $1.5 billion worth of bitcoin.

Samsung Electronics has thus far been supplying 14nm chips produced using argon fluoride (ArF) photolithography to Tesla. Yet the two companies are expanding their cooperation to in-vehicle infotainment (IVI) products loaded with 5nm semiconductors.

Xpeng's NGP is a challenge to Tesla's autonomous driving system called Autopilot.

Tesla CEO Elon Musk tweeted on Tuesday that he tried to get a meeting in 2018 with Apple CEO Tim Cook about the possibility of Apple buying the electric vehicle giant - but that Cook refused.

When Tesla officially joins the S&P 500 on Monday, Elon Musk's electric car company will instantly become the top performing stock in the index for 2020.

Tesla, the U.S. automaker, will send delegations to Indonesia next month to discuss potential investment in a supply chain for its electric vehicles, the government said on Saturday in a statement.

South Korea's LG Chem plans to more than double production capacity of battery cells it makes in China for Tesla electric vehicles (EV) next year, sources said, to keep up with its U.S. client's growth in the biggest car market.

Tesla has obtained permission to start selling its Shanghai-made Model Y sports utility vehicle in China.

Tesla may be the new kid on the block in the auto industry, but it's quickly become a big kid on Wall Street.

Tesla will be added to the S&P 500 index on Dec. 21. Based on its market value Monday, the electric car maker would be one of the top 10 companies in the benchmark index upon entry.

Panasonic said on Thursday it is working to develop a new battery cell for Tesla Inc based on the U.S. electric vehicle maker's new cell format, as the Japanese company moves forward its decade-old partnership with Tesla.

Tesla just reported third-quarter results including net income (GAAP) of $331 million on revenue of $8.77 billion.

The company has said it wants to deliver 500,000 cars in 2020

Fresh off the hype and announcements from Battery Day, Tesla is reportedly looking to make a massive move to secure the energy that powers its electric cars. The automaker is looking into purchasing a stake in battery maker LG, the Korea Times reported on Monday.