Tesla News Updates

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
BusinessTechnologyFuelAutonomous

Musk Says Tesla Semi Coming Next Year

Tesla Inc. will start production next year of three products that have fallen well behind Elon Musks original schedule, including the Semi.

April 8, 2022
BusinessTechnologyAutonomous

Tesla Sells 310,000 Vehicles in Q1 Despite Logistics Issues

AUSTIN, Texas Tesla delivered 310,000 vehicles in the first quarter, up about 68% from the same period in 2021, the company said April 2.

April 4, 2022
BusinessTechnology

Tesla, Amazon Stock Splits Trigger Retail Stampede

Recent proposals from Alphabet Inc., Amazon.com Inc. and Tesla Inc. tell us one thing: Stock splits can spark big rallies as retail traders pile in.

March 29, 2022
BusinessTechnologyFuelAutonomous

Tesla to Seek Approval for Another Stock Split

Tesla Inc. gained in early trading March 28 after the carmaker said it plans to seek shareholder approval for a move that would enable its second stock split in roughly two years.

March 28, 2022
BusinessTechnologyAutonomous

Musk Spared From Testifying in Tesla Autopilot Crash Suit

Elon Musk wont have to testify in the first case set for trial that blames Tesla Inc.s Autopilot for a fatal crash, a Florida judge said.

March 17, 2022