Tesla’s 2023 Recall of Full Self-Driving Targets a ‘Fundamental’ Flaw

Tesla told the agency this week that customers had filed warranty claims matching the situations highlighted by NHTSA on at least 18 occasions between spring 2019 and fall 2022. The filing notes that the carmaker said it was not aware of any injuries or deaths related to the flaws detected by the agency. The NHTSA … Read more

Tesla reports record deliveries, but numbers are still shy of analysts’ targets

Tesla Inc. reported record quarterly deliveries on Sunday. but the number still disappointed analysts. Tesla said it produced over 365,000 vehicles in the just-completed third quarter, and made more than 343,000 deliveries. That was a significant rebound from the second quarter, when it reported nearly 259,000 vehicles built and 255,000 deliveries, with production stunted by … Read more

Ford stock drops more than 4% as supply costs to jump by $1 billion, parts shortages to leave more cars unfinished

Ford Motor Co. shares dropped more than 4% in the extended session Monday after the company said inflation and parts shortages will leave it with more unfinished vehicles than it had expected, reminding Wall Street supply-chain snags are far from over for auto makers. Ford F, +1.43% said it expects to have between 40,000 and … Read more