Stock & Business

106 articles
Tesla must face lawsuit alleging it replaced laid-off US workers with H-1B visa holders
Stock & Business Feb 25, 2026

Tesla must face lawsuit alleging it replaced laid-off US workers with H-1B visa holders

A federal judge has ruled that Tesla must face a class-action lawsuit alleging the company replaced over 6,000 laid-off U.S. workers in 2024 with foreign engineers on H-1B visas. The case will proceed, though the judge noted skepticism about the strength of the claims. This lawsuit means Tesla will have to defend its hiring practices against allegations of systematically discriminating against American workers.

Tesla ‘Robotaxi’ status check: 8 months in, 19% availability, and all of Musk’s promises are missing
Stock & Business Feb 16, 2026

Tesla ‘Robotaxi’ status check: 8 months in, 19% availability, and all of Musk’s promises are missing

Eight months after its launch, Tesla's Robotaxi service in Austin has fallen far short of Elon Musk's ambitious promises, with only about 42 cars and availability under 20%. The service also reportedly has a crash rate nine times higher than human drivers, and promised features like fully unsupervised rides have not materialized. This indicates significant delays and performance issues for what was touted as a major advancement in autonomous driving.

Tesla China exports surge to record highs in January as domestic sales slow
Stock & Business Feb 12, 2026

Tesla China exports surge to record highs in January as domestic sales slow

Tesla's exports from its Shanghai factory hit a record high in January 2026, while its sales within China declined. This follows a typical quarterly pattern where the company prioritizes international shipments at the start of a quarter. For owners and enthusiasts, this indicates strong global demand and efficient production, though it may lead to longer delivery wait times in the Chinese domestic market during these periods.