Tesla will raise prices of all its cars in Canada from Feb. 1, according to notices on its Canadian website, with Model 3 prices going up by as much as C$9,000 ($6,254.78).
In a lawsuit filed in California last month, the former legal consultant claims the company fired him for not returning to the office, disregarding his disability.
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Tesla (TSLA-0.72%) has been one of the best-performing stocks on the market over the last five years but also remains a battleground among investors. CEO Elon Musk has long been a lightning rod for controversy,
Tesla shares TSLA ended the day down 0.6%, after falling as much as 4% intraday, tracking losses in the broader EV space, while shares of Rivian Automotive Inc. RIVN were down 6%, Nikola Corp. NKLA fell 9% and Lucid Group Inc. LCID lost 7%.
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Tesla has issued yet another recall on nearly 240,000 vehicles for issues surrounding a short-circuiting board that may make the rearview camera unusable. The recall notice says that "certain" 2024-2025 Model 3, 2024-2025 Model S, 2023-2025 Model X, and 2023-2025 Model Y vehicles are affected.
Select Tesla Model Y in inventory are getting discounts as the electric car maker gears up for release of the updated Model Y in the U.S.
Based on the EV maker's market performance, self-driving technology has become much more important than even selling EVs.
Tesla has increased the prices of its entire vehicle lineup in Canada, with some models experiencing hikes of up to C$9,000 ($6,254.78). This move has sparked speculation about the impact of potential tariffs and supply chain challenges.