Five drivers alleged in complaints they couldn’t steer the vehicles at all. Seven more cited a loss of power steering that required increased steering effort
The Austin, Texas, maker of electric vehicles, solar panels and batteries reported net income of $2.7 billion in the quarter
The price cuts, both for special orders and on existing inventory, raised questions from analysts who expect the cuts to reduce Tesla’s profit margins
The company lopped $3,000, or about 6%, off the starting prices for all three versions of the Model Y small SUV, Tesla’s top-seller
The electric car, SUV and heavy truckmaker said it delivered 422,875 vehicles worldwide from January to March, up from just over 310,000 a year ago
The federal highway safety agency believes that a software glitch, which will be updated, has led to several accidents at intersections and traffic lights
