Tesla Invests $3.6 Billion in Nevada Factories for Batteries, Trucks
Tesla Inc. is investing $3.6 billion in two new factories to build electric vehicle batteries and its all-electric Semi heavy-duty truck near an existing production site in Reno, Nev.
January 25, 2023Musk Returns for Day 3 of Tesla Investors Trial
SAN FRANCISCO — Elon Musk returned to the stand for a third day on Jan. 24 in federal court in San Francisco to testify in a trial stemming from a class action lawsuit.
January 24, 2023Musk Oversaw Video That Exaggerated Tesla’s Self-Driving, Emails Show
Elon Musk oversaw the creation of a 2016 video that exaggerated the abilities of Tesla Inc.’s driver-assistance system Autopilot, even dictating the opening text that claimed the company’s car drove itself.
January 19, 2023Jury Selection Begins for Musk’s Tesla Tweets Trial
A Silicon Valley judge began questioning potential jurors Jan. 17 to hear allegations that Elon Musk cheated Tesla investors by claiming in a 2018 tweet that he had lined up financing to take the electric automaker private.
January 17, 2023Feds Review Musk Tweet About Disabling Driver Monitoring
A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a “Full Self-Driving” system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from U.S. safety regulators.
January 9, 2023Tesla’s Board Takes Heat Over CEO Succession Planning
Tesla Inc.’s board of directors is facing mounting pressure to prove just how prepared they are for the potential loss of Elon Musk, the erratic CEO largely behind the breakneck rise and dramatic fall in the company’s valuation.
January 5, 2023Tesla Breaks Own Sales Record, but Misses Estimate for 2022
Tesla said Jan. 2 that it sold a record 1.3 million vehicles last year, but the number fell short of CEO Elon Musk’s pledge to grow the company’s sales by 50% nearly every year.
January 3, 2023Tesla Stock Has Never Been This Cheap — And It Could Still Drop Further
Tesla Inc. shares are trading at their cheapest ever by at least one measure as the electric vehicle giant grapples with an array of challenges, from waning demand in China to investor concern over billionaire CEO Elon Musk’s priorities.
December 13, 2022Tesla Delivers Its First Electric Semis to PepsiCo
Tesla Inc. has handed over the first of its long-awaited battery-electric Class 8 tractors to private fleet operator PepsiCo, kicking off customer deliveries for the vehicle originally unveiled more than five years ago.
December 2, 2022Tesla Facing Backlash for Musk’s Twitter Move
For owners and potential buyers of Tesla cars, it has become all but impossible to find neutral ground on the controversies that surround CEO Elon Musk.
November 29, 2022