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Stories tagged: tesla


Criminal investigation could hurt Tesla fundraising and recruitment

The Justice Department is investigating whether public statements made by Elon Musk and Tesla – the electric car company he runs – were misleading enough to constitute criminal fraud, the …


Another day at Tesla: Execs depart, Musk invites controversy

Another executive departure, another controversy over the CEO’s behavior, another stock drop. Another typical day at Tesla.


Tesla stock falls as CEO Elon Musk appears to smoke marijuana on video

Shares of electric car maker Tesla Inc. tumbled about 7 percent as the markets opened Friday after the CEO appeared to smoke marijuana during an interview and the company’s accounting …


Tesla shares slip after company decides to stay public

Shares of Tesla slipped on the first day of trading after the electric vehicle maker said it won’t consider going private after all.


‘Private’ mess: Musk’s credibility goes from bad to worse

First it was the shocking tweet that funding was secured and Tesla may go private, then a statement that the money wasn’t locked down after all. Two weeks later it’s …


Elon Musk tells newspaper he’s cracking under stress of Tesla job

What do you do when your CEO confesses that he’s cracking under the stress of his job? That’s the question that the nine board members of electric car and solar …


Wall Street’s yearning for quick Tesla verdict hits SEC snarl

As the bizarre Tesla Inc. go-private saga enters its ninth day, many investors are wondering when regulators will decide whether Elon Musk broke the rules by dripping out details so …


Tesla forms committee to assess proposal to go private

Tesla is forming a special committee to evaluate proposals to take the company private one week after CEO Elon Musk said he was considering it.


Tesla board moves to explore going private; shareholders sue over Elon Musk’s tweets

Tesla Inc.’s board of directors said Tuesday it was forming a special committee to explore Chief Executive Elon Musk’s desire to take the Palo Alto electric-car maker private even as …


UPDATED: Mon., Aug. 13, 2018, 4:44 p.m.

Musk says he’s talking with Saudi fund to take Tesla private

Saudi Arabia’s sovereign wealth fund would be the main source of money for Tesla CEO Elon Musk’s grand plan to take the company private, but the deal isn’t done yet, …


Tesla CEO Elon Musk taunts short sellers amid legal scrutiny

Tesla CEO Elon Musk used Twitter late Friday to taunt investors who have bet against his company, even though his previous Twitter comments have spurred a government investigation and shareholder …


UPDATED: Thu., Aug. 9, 2018, 4:42 p.m.

Tesla plunges, wiping out tweet-fueled rally in just two days

Exactly 48 hours after Elon Musk triggered a frantic rally with a tweet saying he was considering taking Tesla Inc. private, the stock erased all of those gains.


Report: SEC examining Elon Musk tweets about taking Tesla private

Tesla CEO Elon Musk could be the subject of a new investigation by the U.S. Securities and Exchange Commission following his Tuesday tweet saying he wanted to take the electric …


Doubts grow over Elon Musk’s master plan to take Tesla private

As Tesla’s board of directors rallied Wednesday behind chief Elon Musk’s extraordinary push to take the all-electric automaker private, a growing contingent of investors, analysts and former regulators voiced their …


UPDATED: Tue., Aug. 7, 2018, 6:55 p.m.

Musk says he may take Tesla private and shares roar

Tesla CEO Elon Musk is gearing up to lead a buyout of the electric car maker in a stunning move that would end the maverick company’s eight-year history trading on …


Musk tweets video parody of Hitler ‘shorting Tesla stock’

Elon Musk is struggling with his own pledge to get a better handle on his use of Twitter, posting a version of an Adolf Hitler clip that lampoons fund managers …


Tesla, others help Puerto Ricans go solar amid power turmoil

A scattering of hardware stores, barbershops and corner stores across Puerto Rico are embracing solar energy, trying to wean themselves off a state-owned power company that remains heavily dependent on …


UPDATED: Mon., July 23, 2018, 12:20 p.m.

Tesla stock skids on report it asked suppliers for refunds

Shares of Tesla are down sharply after a report that the company asked suppliers for refunds to help it turn a profit.


UPDATED: Wed., July 11, 2018, 8:10 p.m.

Former Tesla employee blasted by Elon Musk takes battle to SEC, filing whistleblower complaint

Martin Tripp, the fired Tesla technician fighting a corporate legal battle and a war of words with chief Elon Musk, has formally filed a tip with the Securities and Exchange …


UPDATED: Tue., July 10, 2018, 4:10 p.m.

Tesla plans China plant with 500,000 vehicle capacity

Tesla has reached a preliminary agreement with the Shanghai government to build a factory that will rival production from its lone U.S. assembly plant, as Elon Musk takes his biggest …


Tesla makes 5,000 Model 3s per week, but can it continue?

Tesla Inc. made 5,031 lower-priced Model 3 electric cars during the last week of June, surpassing its often-missed goal of 5,000 per week. But the company still only managed to …


Tesla was going 116 mph before fiery crash killed 2 Fla. teens, NTSB says

Three seconds before a Tesla S sedan crashed and burned in Fort Lauderdale, leaving two teenagers dead and a third injured, the car was traveling at 116 mph, a preliminary …


Loved by Elon Musk, mocked by critics, Tesla’s tent gets put to test

Elon Musk has six days to make good on his pledge that Tesla will be pumping out 5,000 Model 3 sedans a week by the end of the month. If …


UPDATED: Mon., June 18, 2018, 4:17 p.m.

Video shows Tesla bursting into flames on Los Angeles street ‘out of the blue’

Startling video showing a Tesla Model S appearing to burst into flames on a Los Angeles street has been shared thousands of times since it was posted late Friday.


Tesla severance offer draws the line on worker-safety concerns

Language in a confidential severance agreement Tesla is using as part of the biggest job cut in its history is likely to deter dismissed employees from going public with worker …


UPDATED: Tue., June 12, 2018, 2:46 p.m.

Tesla cuts 9 percent of workforce in bid to post a profit

Electric car maker Tesla Inc. is laying off about 3,600 workers mainly from its salaried ranks as it slashes costs in an effort to deliver on CEO Elon Musk’s promise …


Tesla Model X in California crash sped up prior to impact

The Tesla Model X that crashed in California earlier this year while being guided by its semi-autonomous driving system sped up to 71 miles an hour in the seconds before …


Electric vehicles on the road are set to triple in two years

Teslas and Nissan Leafs are likely to become a much more common sight on the world’s roads in the next two years, the International Energy Agency says.


Tesla in Autopilot mode crashes into California police car

Authorities say a Tesla sedan in Autopilot mode has crashed into a parked police cruiser in Southern California.


Tesla in Autopilot mode sped up before Utah crash

A Tesla that crashed while in Autopilot mode in Utah this month accelerated in the seconds before it smashed into a stopped firetruck, according to a police report obtained by …