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Tesla’s revenues rebound as consumers race to claim expiring tax credit
Tesla reported a profitable third quarter today,as shoppers scrambled to snatch up the company's EVs in record numbers before the federal EV tax credit expired. Tesla said it earned $1.4 billion in net income on $28.1 billion in revenue in the quarter that ended in September. That's 12 percent increase in revenue but a 37 [...]
Tesla misled customers about self-driving features, judge rules
Tesla could be temporarily locked out of its biggest US market if it doesn't change deceptive marketing that exaggerates the self-driving capabilities of its cars, the California Department of Motor Vehicles warned on Tuesday, adopting the ruling of an administrative law judge. The DMV said Tesla's use of terms like "Autopilot" and "Full Self-Driving" to [...]
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