(Reuters) -Tesla Chief Executive Elon Musk said on Tuesday that the number of robotaxis in Austin, Texas, will double in December, following the rollout of its self-driving service in the city in June. The Tesla Robotaxi fleet in Austin should roughly double next month, Musk said in a post on X, which is also owned by him. It is not...

ZURICH, Nov 26 (Reuters) - UBS could mark down credit funds managed by its O'Connor hedge fund unit by over 10% following the bankruptcy of U.S. auto parts supplier First Brands, German business paper Handelsblatt reported on Wednesday, citing sources. UBS said earlier this month it was winding down investment funds run by its hedge fund unit O'Connor, with the...

* Tesla faces sales pressure in Europe, China and the U.S * European sales fell 48.5% in October, even as industry-wide EV sales rose 26% * Tesla's competition includes Chinese newcomers, improved EVs from legacy players By Nick Carey and Abhirup Roy Nov 26 (Reuters) - Tesla CEO Elon Musk has spent much of this year focused on the carmaker's...

(Reuters) -Tesla CEO Elon Musk has spent much of this year focused on the carmaker's robotics pursuits and winning shareholder approval for his freshly minted $1 trillion pay package. In the meantime, the outlook for Tesla's main business - selling cars - is darkening.  Tesla faces sales pressure in the world's three biggest car markets: Europe, China and the United States....