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The Inflation Reduction Act would give up to $40,000 tax credits per heavy-truck purchase, suggesting that competition to get the Tesla Semi to compete with Nikola will heat up.

Elon Musk offloaded $6.9 billion worth of stock in Tesla Inc. to accumulate cash ahead of a trial that could force the billionaire to follow through on an agreement to acquire Twitter Inc.

Tesla Inc. has signed new long-term deals with two of its existing Chinese battery-materials suppliers, the latest move by automakers to secure supplies amid intensifying competition.

Twitter Inc.’s lawsuit against Tesla CEO Elon Musk over a canceled $44 billion buyout of the social media platform is set for a five-day trial starting Oct. 17 in Delaware, a judge ruled.

Tesla Inc. reported second-quarter earnings that beat Wall Street estimates, reflecting the company’s progress in getting production back on track while tackling supply chain hurdles and COVID lockdowns at its factory in China.

Tesla CEO Elon Musk lost his fight to delay Twitter’s lawsuit against him as a Delaware judge on July 19 set an October trial, citing the “cloud of uncertainty” over the social media company after the billionaire backed out of a deal to buy it.

Andrej Karpathy, Tesla Inc.’s top artificial intelligence executive and the director of its Autopilot self-driving system, is planning to depart the automaker.

Tesla bulls rejoiced when Elon Musk sought to terminate his agreement to buy Twitter. That initial relief has given way to realization the hangover from this ordeal won’t lift anytime soon.

A German plant reportedly will take a break this month, in addition to two model lines in Shanghai, Bloomberg reported.

Tesla Inc. laid off hundreds of workers on its Autopilot team as the electric vehicle maker shuttered a California facility, according to people familiar with the matter.