Tesla News Updates

GovernmentBusinessTechnologySafetyAutonomous

NHTSA Upgrades Probe of Teslas Running Into Emergency Vehicles

DETROIT A U.S. investigation into Teslas operating on partially automated driving systems that have crashed into parked emergency vehicles has moved a step closer to a recall.

June 9, 2022
BusinessTechnologySafetyAutonomous

Tesla Faces Increase in Complaints Over Phantom Braking

Tesla Inc. is facing stepped-up scrutiny from U.S. regulators who have received 758 complaints of cars made by the company that suddenly brake at high speeds, more than double the number of reported incidents earlier this year.

June 3, 2022
BusinessTechnologyEquipmentSafetyAutonomous

Tesla Pauses Hiring, Musk Says Need to Cut Staff by 10%

Electric carmaker Tesla Inc. needs to cut staff by around 10%, CEO Elon Musk said, noting he had a super bad feeling about the economy, according to an internal email seen by Reuters.

June 3, 2022
BusinessTechnologyAutonomous

Hacker Finds Way to Unlock Tesla Models, Start Cars

Tesla Inc. customers might love the carmakers nifty keyless entry system, but one cybersecurity researcher has demonstrated how the same technology could allow thieves to drive off with certain models of the electric vehicles.

May 18, 2022
GovernmentBusinessFuel

Musks Go-Private Tweets About Tesla Were Reckless, Judge Found

No reasonable jury could find that Mr. Musk did not act recklessly. Thats the upshot of a federal judges review of Tesla Inc. CEO Elon Musks 2018 tweets about taking the company private, as revealed in an order that was made public May 10.

May 10, 2022
BusinessTechnologyFuel

Wall Street, Tech Investors Back Musk Twitter Bid With $7 Billion

Elon Musk has strengthened the equity stake of his $44 billion offer to buy Twitter with commitments of more than $7 billion from a diverse group of investors, including Silicon Valley heavy hitters such as Oracle co-founder Larry Ellison.

May 5, 2022
BusinessTechnologyFuelAutonomous

Tesla Q1 Earnings 7 Times More Than Year Ago

DETROIT Tesla reported April 20 that its first-quarter net earnings were more than seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.

April 20, 2022
GovernmentBusinessTechnologySafetyAutonomous

NHTSA Opens Two Defect Investigations Into Tesla Autopilot

The National Highway Traffic Safety Administration, which has the authority to force recalls, has opened two formal defect investigations that could ultimately lead Tesla Inc. to have to retrofit cars and restrict use of Autopilot in situations it still cant safely handle.

April 18, 2022
BusinessFuelAutonomous

Twitter Adopts Poison Pill Defense in Musk Takeover Bid

PROVIDENCE, R.I. Twitter said April 15 that its board of directors has unanimously adopted a poison pill defense in response to Tesla CEO Elon Musks proposal to buy the company for more than $43 billion and take it private.

April 15, 2022
BusinessTechnologyFuelAutonomous

Elon Musk Makes $43 Billion Bid to Take Twitter Private

Elon Musk has made a controversial offer to buy Twitter Inc., saying the company has extraordinary potential and he is the person to unlock it.

April 14, 2022