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Tesla finally updated its full self-driving software - but warned the tech might do the wrong thing at the worst time Elon Musk told drivers to be paranoid
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Elon Musk says making autonomous cars is much harder than he expected, after Tesla s timeline for the latest full self-driving software slipped again
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Elon Musk says he s selling his last remaining house, a special place in California that he wants a large family to buy
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Tesla backtracks on accepting bitcoin payments, says Musk Newshub 3 hrs ago Mike Kilpatrick © Getty Images Tesla won t be selling any of the US$1.5 billion bitcoin it bought earlier this year
Tesla CEO Elon Musk has announced the company is suspending the ability to purchase cars using cryptocurrency bitcoin, citing environmental concerns.
The move comes just a day after he appeared to support the use of another cryptocurrency, dogecoin, to purchase a vehicle. Tesla only started accepting bitcoin at the end of March.
In a statement posted on Twitter, Musk said the company was concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel .
Tesla s China sales took a major hit after months of PR crises tlevin@businessinsider.com (Tim Levin) © VCG/VCG via Getty Images Tesla s sales of China-made cars are slowing down as the company hits choppy waters in its most important market. VCG/VCG via Getty Images
Tesla s sales in China fell 27% in April compared to March.
Sales of locally built Teslas soared to record highs in March.
Tesla has had to navigate numerous PR crises and heightened scrutiny in China in 2021.
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In April, the electric automaker sold 25,845 locally made Model 3 and Model Y vehicles in China, according data from China s Passenger Car Association released Tuesday. That s a 27% decrease from March when Tesla delivered a record 35,478 Shanghai-made cars in the country.