Tesla on Wednesday reported a sharp drop in profit for 2024 as rivals in China, Europe and the United States chipped away at its lead in the market for electric vehicles.

Elon Musk said today that Tesla will launch “unsupervised full self-driving in Austin as a paid service” in June.

The SEIA has set a target of 700 GWh of total installed battery storage capacity and 10 million distributed storage ...