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Tesla has considered plans for exporting made-in-China electric vehicles to the United States and Canada, two people with knowledge of the planning told Reuters, a step that would connect its largest factory to North America, its largest market. Tesla has been evaluating whether Model 3 and Model Y electric vehicles made in Gigafactory Shanghai could be sold in North America as soon as next year, according to the people, who declined to be named because the process was confidential. Tesla’s evaluation has included consideration of whether parts made by Tesla’s China-based suppliers would be compliant with regulations in the United States and Canada, they said. The Shanghai plant has been working toward an initial plan for a small-batch test run of production of vehicles in the first quarter of 2023 that would be compliant with North American standards for potential export, one of the people said. After Reuters published its article on Friday, Tesla Chief Executive Elon Musk, in a Twi...

Tesla Model 3 vehicles during a delivery event in Shanghai, China, on Jan. 7, 2020. Aly Song/Reuters Tesla is developing a revamped version of Model 3, according to four people with knowledge of the effort, as the top EV maker aims to cut production costs and boost the appeal of the five-year-old electric sedan. One focus of the redesign code-named “Highland” is to reduce the number of components and complexity in the interior of the Model 3 while focusing on features that Tesla TSLA-Q buyers value, including the display, according to the people, who asked not to be named because the revamp has not been announced. The previously unreported redesign comes as the electric sedan faces increased competition from models from the likes of China’s BYD, Hyundai and coming releases from other major automakers. The revamp of the battery-powered sedan, which could also include some changes to the Model 3′s exterior and powertrain performance, will go into production at Tesla’s factory in Shangh...

Ivan Zhang, Aidan Gomez and Nick Frosst, the co-founders of Cohere AI company, have hired YouTube CFO Martin Kon as their president and COO. Fred Lum/the Globe and Mail Toronto artificial-intelligence startup Cohere Inc. has hired YouTube chief financial officer Martin Kon to become its president and chief operating officer as the company tries to bring its high-profile language-processing tools to market. Cohere specializes in large language models – AI that’s trained to digest text from across the internet to understand how to process and spurt out responses to prompts with increasing sophistication. The language-processing field has gained increasing attention in recent weeks as well-known competitor OpenAI made its ChatGPT tool available to the public – leading people worldwide to give the tools endless combinations of commands and gawk at the humanlike, frequently accurate writing that it puts out. At just three years old, Cohere has become a centrepiece of Toronto’s renowned AI...

The U.S. government’s highway safety agency said Thursday it will send teams to investigate two November crashes in California and Ohio involving Teslas that may have been operating on automated driving systems. The probes bring to 35 the number of crashes investigated by the National Highway Traffic Safety Administration since 2016 in which either Tesla’s “Full Self-Driving” or “Autopilot” systems likely were in use. Nineteen people were killed in the crashes. The California crash occurred on Thanksgiving Day involving eight vehicles on the San Francisco-Oakland Bay Bridge. The driver told authorities that the Tesla TSLA-Q Model S was using the company’s “Full Self-Driving” software, according to Highway Patrol report obtained by CNN. The Ohio crash happened Nov. 18 near Toledo, when a Tesla Model 3 crashed into an Ohio Highway Patrol SUV stopped on a roadway with its emergency lights flashing. A message was left Thursday seeking comment from Tesla on the latest NHTSA action. The co...

Tesla TSLA-Q plans to run a reduced production schedule at its Shanghai plant in January, extending the reduced output it began this month into next year, according to an internal schedule reviewed by Reuters. Tesla will run production for 17 days in January between Jan. 3 to Jan. 19 and will stop electric vehicle output from Jan. 20 to Jan. 31 for an extended break for Chinese New Year, according to the plan seen by Reuters. Tesla did not specify a reason for the production slowdown in its output plan. It was also not clear whether work would continue outside the assembly lines for the Model 3 and Model Y at the plant during the scheduled downtime. It has not been established practice for Tesla to shut down operations for an extended period for Chinese New Year. Tesla did not immediately respond to a request for comment from Reuters. Tesla suspended production at its Shanghai plant on Saturday, pulling forward an established plan to pause most work at the plant in the last week of D...

Tesla Inc TSLA-Q has slashed prices globally on its electric vehicles by as much as 20%, extending an aggressive discounting effort and challenging rivals after missing Wall Street delivery estimates for 2022. The move marks a reversal from the automaker’s strategy over the last two years when new vehicle orders exceeded supply. It comes after CEO Elon Musk warned that the prospect of recession and higher interest rates meant it could lower prices to sustain growth at the expense of profit. Musk acknowledged last year that prices had become “embarrassingly high” and could hurt demand. Shares ended down 0.9% after falling as much as 6.4% on Friday. Last year, Tesla stock had its worst year since the company’s inception due to slowing growth in China and Musk’s distraction with Twitter. Tesla lowered prices across the United States, Europe, the Middle East and Africa, following a series of cuts last week in Asia, in what analysts saw as a clear shot at both smaller rivals that have bee...

Automakers have been experimenting with subscription fees for a range of vehicle amenities and services as a way to generate additional revenue streams. Mike Blake/Reuters When you think of the car of the future, you probably envision an electric-powered vehicle that can parallel park itself or perhaps even drive you to the office. But there’s another, less high-tech shift in the industry that’s already hitting the mass market: subscriptions for your car. In Canada, for example, some General Motors GM-N and Toyota TM-N new models now come with free trials of digital services that include the ability to lock and unlock a vehicle, or start and stop the engine using a smartphone, even from a faraway location. After the introductory period is over, drivers will have to pony up a monthly fee to keep using those features. Automakers around the world have been experimenting with subscriptions for years with mixed results. But as the industry emerges from the pandemic’s supply chain logjams ...