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Thursday, August 22, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: tesla


Tesla’s Model 3 safety claims called ‘misleading’ by federal agency

The National Highway Transportation Safety Association has taken Tesla to task, sending the electric carmaker a cease-and-desist letter regarding Tesla’s claims about the federal agency’s safety rating of the Model …


Tesla: Sales record within reach but deliveries are problem

Tesla is close to setting a quarterly record for deliveries, but the company is having trouble shipping vehicles to the right places as the second quarter comes to a close, …


UPDATED: Thu., May 23, 2019, 10:42 a.m.

Tesla shares bounce on leaked memo about rising sales

Shares of Tesla, suffering one of the worst stretches in company history, rebounded Thursday after CEO Elon Musk told employees that orders are up.


UPDATED: Wed., May 22, 2019, 1:17 p.m.

Consumer Reports: Tesla automated lane changes are risky

Consumer Reports says a new feature of Tesla’s Autopilot that automatically changes lanes doesn’t work well and could be a safety risk to drivers.


UPDATED: Tue., May 21, 2019, 1:03 p.m.

Tesla reduces prices on Models S and X amid stock slump

Faced with a slumping stock price and questions about demand for its vehicles, Tesla has lowered the U.S. base prices of its 2 most expensive models.


UPDATED: Thu., May 16, 2019, 2:07 p.m.

NTSB: Autopilot was in use before Tesla hit semitrailer

A Tesla Model S involved in a fatal crash with a semitrailer in Florida March 1 was operating on the company’s semi-autonomous Autopilot system, federal investigators have determined.


Musk doubles down on investment as Tesla raises capital goal

Tesla CEO Elon Musk is more than doubling the stock he will buy in a new public offering in an apparent bid to earn investors’ confidence as he tries to …


UPDATED: Fri., April 26, 2019, 7:08 p.m.

Musk, SEC settle legal fight over his tweets about Tesla

Tesla CEO Elon Musk and the U.S. Securities and Exchange Commission said in a court filing Friday that they are settling a legal dispute over how Musk posts news about …


UPDATED: Mon., April 15, 2019, 3:04 p.m.

Musk tweets out another Tesla forecast in midst of SEC talks

Elon Musk, already in hot water over his Twitter use, posted another Tesla production forecast reminiscent of the one that landed him before a federal judge earlier this month.


Tesla walks back its plan to close most showrooms

Tesla is walking back plans to close most of its showrooms worldwide and announced price hikes for most of its electric vehicles.


UPDATED: Tue., Feb. 26, 2019, 12:20 p.m.

Elon Musk ordered to tell judge why he’s not in contempt

Tesla CEO Elon Musk has until March 11 to explain to a federal judge in New York why he shouldn’t be held in contempt of court.


On the road to make an affordable car, Tesla cuts jobs

Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can …


UPDATED: Wed., Jan. 2, 2019, 1:42 p.m.

Tesla cuts prices as 4Q deliveries miss analysts’ estimates

Shares of electric car and solar panel maker Tesla Inc. tumbled Wednesday morning after the company cut vehicle prices by $2,000 and announced fourth-quarter sales figures that fell short of …


Tesla names two new directors

Tesla announced two new independent directors Friday, naming Oracle founder Larry Ellison and Kathleen Wilson-Thompson, a Walgreens Boots Alliance executive, to its board.


Tesla names independent board members in SEC settlement

Tesla named two independent board members Friday as part of a settlement with U.S. regulators who demanded more oversight of CEO Elon Musk.


Tesla may consider buying idle GM plants

Tesla Chief Executive Officer Elon Musk told CBS’s “60 Minutes” that he may be willing to buy some of the five factories General Motors Co. will idle next year, making …


The ‘rational’ businesswoman picked to temper Tesla’s mercurial Musk

In picking Robyn Denholm to keep Elon Musk in check, Tesla Inc.’s board went with a numbers-first executive who climbed up the ranks of multinationals’ finance departments. Those who know …


U.S. regulators subpoenaed Tesla production data, company says

U.S. securities investigators have subpoenaed information from Tesla about production forecasts for the Model 3 electric car that were made last year, the company acknowledged in a regulatory filing Friday.


UPDATED: Wed., Oct. 17, 2018, 5:48 p.m.

Tesla secures land in Shanghai for first factory outside U.S.

Electric auto brand Tesla Inc. said it signed an agreement Wednesday to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting …


Tesla faces huge bills in 143 days

One hundred and forty-three days. That’s how much time Elon Musk has till the big bills start coming due in the debt market.


UPDATED: Tue., Oct. 2, 2018, 5:23 p.m.

Tesla 3Q production numbers up but can they be sustained?

Tesla Motors successfully ramped up production of its pivotal Model 3 sedan during the summer, fulfilling CEO Elon Musk’s pledge to work out the manufacturing problems that had raised questions …


New Tesla chair must rein in CEO Musk at key moment

Whoever becomes the new chairman of Tesla Motors will face the formidable task of reining in Elon Musk, the charismatic, visionary chief executive with an impulsive streak, while also helping …


UPDATED: Sat., Sept. 29, 2018, 3:51 p.m.

Tesla CEO Elon Musk, company settle fraud suit for $40M

Tesla CEO Elon Musk and the electric car company have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging …


UPDATED: Fri., Sept. 28, 2018, 7:01 p.m.

Tesla faces a reckoning with CEO Elon Musk’s job in jeopardy

The Tesla CEO who made his fortune and his renegade-genius reputation by bursting through the barriers of conventional thinking faces a humiliating comedown as government regulators try to oust him …


Another hairpin turn for Tesla as stock dives on SEC charge

Tesla investors have taken a wild ride as Wall Street values the promise of one of the world’s leading electric car makers, the hurdles the company faces as it tries …


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 …