Musk and Tesla now face a new challenge. The company’s insurance division is the subject of a class-action lawsuit alleging systematic underpayment of auto insurance claims and violations of state consumer-protection laws. Filed Nov. 5 in Arizona federal court, the lawsuit claims Tesla shortchanged uninsured and underinsured drivers.

Silicon Valley is gunning hard for humanoids. A report released by Morgan Stanley on Friday predicted Apple, which is reportedly looking into the robots, could potentially earn $133bn a year from them by 2040. Foxconn is reported to be deploying them at its Nvidia factory in Texas.

Satellite images obtained by Business Insider show how BYD has significantly expanded one of its largest production facilities in China.

The unprecedented payday will go into full effect by 2035—as long as Tesla hits ambitious financial and production targets.

At CIIE, global brands like Tesla and Volkswagen are under pressure to win back market share from local competitors.

Tesla is promising that its self-driving two-seater vehicle with no steering wheel or pedals will kick off production in Austin very soon. During the company's shareholder meeting on Thursday, CEO Elon Musk said the so-called Cybercab is starting production in April .

The lawsuit is filed by the children of a couple who were among five killed into a 2024 crash after they could not escape a fiery Tesla.

Angus Rittenburg is the CEO of Wynk, a THC beverage company. Before becoming a founder, he spent two years working full-time as a Tesla engineer.