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Fourth-quarter sales fell 2.7 percent.

Tesla says it delivered over 245,000 electric cars and SUVs last year, nearly as many as all previous years combined.

The federal tax credit could be halved to $3,750 by April.

The automaker announced it will cut prices on all vehicles after a federal tax credit was reduced on Jan. 1.

Prices fell below $2 in nearly 20 percent of U.S. states.

Executive’s lawyer has said his client maintains his innocence.

Neither daughter has direct knowledge of their father’s business discussions, according to the newspaper.

Several vehicles will be discontinued thanks to the uptick in demand for SUVs and crossovers.

Under a tax incentive structure approved by Congress in December 2017, the first 200,000 customers to buy Tesla vehicles are eligible for a $7,500 rebate.

The average monthly payment for a new car is hovering around $530, according to the most recent Experian auto finance report.

The extension announced by the Tokyo District Court means Ghosn will remain in Tokyo's main detention center.

South Korea says it will fine BMW 11.2 billion won ($9.9 million) and file a criminal complaint against the company with state prosecutors over an allegedly botched response to dozens of engine fires reported in the country.

The basic price in China of a Model 3 is now $72,000.

As automakers try to evolve into mobility companies, their cars are rapidly morphing into data-collection machines.

More than three years after the government took over management of recalls involving dangerous Takata air bag inflators, one third of the recalled inflators still have not been replaced.

The recall was issued because of problems with the engine block heaters.