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Tesla has recalled more than 370,000 vehicles for a power steering issue. The maker of electric vehicles said the recall covers 376,241 of its 2023 Model 3 sedans and Model Y SUVs (with operating ...
Tesla also issued its sixth recall this year for the Cybertruck, this time over a faulty drive inverter component. The stock closed down 5.8% on the news. A Tesla Model 3 going down on a wintry road.
Tesla's stock price reached $420 on Wednesday afternoon, which elicited responses from social media users and the company's CEO, Elon Musk. "As foretold in the prophecy," Musk wrote in an X post ...
Even bigger, the Model 3 Performance goes from $62,990 to $53,990, representing a 14.3% price cut. Note that the IRA tax credit maximum price for cars like the Model 3 is $55,000.
The Model 3 was the world's top-selling plug-in electric car for three years, from 2018 to 2020, before the Tesla Model Y, a crossover SUV based on the Model 3 chassis, took the top spot. In June 2021, the Model 3 became the first electric car to pass global sales of 1 million.
Model 3/Y production increased by 6%, while other model production surged 91%. Tesla's automotive revenue edged up 2% to $20 billion. A 33% surge in automobile regulatory credit revenue, to $739 ...
For the full year, Tesla reported a decline in automotive revenue, and in the fourth quarter, overall revenue increased just 2% to $25.7 billion, which was well below the consensus at $27.1 ...
The Tesla Model 3's growth is stalling out, while Model S and Model X demand has fallen off a cliff. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 ...
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