Sources claim Tesla is planning to limit output at the plant to about 93% of capacity through to the end of year

Tesla is ramping up hiring of technicians and service staff, while shutting some city showrooms and opening more suburban maintenance facilities after complaints over service delays

Tesla ramped up output at the Shanghai plant in August, defying heatwaves and Covid curbs that hit its suppliers in the southwest region

The US electric vehicle maker had an predicted delivery volume of 77,000 during the month, an increase of 173% from July, a local news outlet reported.

The upfront cost of the self-driving feature would climb from $12,000 to $15,000 on September 5, Musk announced on the weekend.

Tesla says the upgrade of its plant in Shanghai has boosted output at its most productive facility and helped to slash delivery waiting times for two of its models

Elon Musk has confirmed selling $6.9 billion worth of shares in his car company, saying he is covering the risk that a US court forces him to takeover the social media platform.

The carmaker sold 28,217 Chinese-made vehicles in July – nearly two-thirds less than its sales in June – while its factory in Shanghai was being upgraded to boost its output

The news, announced by Investment Affairs Minister Luhut Pandjaitan on Monday, follows a meeting between Tesla chief Elon Musk and President Joko Widodo in Texas in May

Elon Musk, its chief executive, has demanded the company ramp up battery production, especially of its so-called 4680, denoting the diameter (46mm) and height (80mm)

Tesla’s second-quarter net profit fell 32% to $2.26 billion compared with the previous quarter. Total revenue fell to $16.93 billion from $18.76 billion in the previous quarter

The departure of Karpathy, who provided no reason for leaving, comes at a critical time as Tesla chief executive Elon Musk races to achieve full self-driving capability