Tesla News Updates

BusinessTechnology

Cybertruck Toy Release Delayed Five Months, but Don’t Blame Tesla

Tesla Inc. watchers know all about blown deadlines for product releases by the electric vehicle manufacturer, but even fans of the brand who are too young to drive won’t be getting a promised Cybertruck stocking stuffer this year.

December 17, 2020
GovernmentBusinessTechnologyEquipmentSafetyAutonomous

Tesla Beats Detroit Rivals by Almost Two Years on Brake Safety

Tesla is the lone U.S. automaker to meet a commitment to equip all its models with automatic emergency braking almost two years ahead of schedule.

December 17, 2020
BusinessTechnologyFuelAutonomous

Tesla Seeks to Raise Another $5 Billion in Stock Offering

Tesla is looking to raise up to $5 billion in capital through a stock offering as the electric vehicle and solar panel maker seeks to take advantage of strong demand for its products.

December 8, 2020
GovernmentBusinessTechnologyFuel

Tesla’s German Factory Faces New Snag After Court Halts Logging

Tesla Inc. was ordered by a local court to halt tree clearance for its new factory near Berlin after complaints from two environmental groups, potentially disrupting progress in completing the company’s first European gigafactory.

December 8, 2020
BusinessTechnologyFuel

Elon Musk’s $139 Billion Fortune Leads Huge EV Wealth Gains

Elon Musk’s dizzying ascent in 2020 hit a new peak this week as he’s about to become the head of an S&P 500 Index company. That’s just days after surging to the second-richest person on the planet with a $139 billion fortune.

December 3, 2020
GovernmentBusinessTechnologyTCA

Tesla Factory in Texas Makes Quick Progress

Construction of the planned Tesla factory in southeastern Travis County, Texas, has been proceeding so fast that watching it take shape is practically a spectator sport.

November 30, 2020
BusinessTechnologyAutonomous

Tesla Hits $500 Billion Mark; Musk Overtakes Gates

Tesla Inc. is smashing through records as its impending addition to the S&P 500 Index has sparked a buying frenzy among investors, pushing the company’s market valuation over the $500 billion mark for the first time on Nov. 24.

November 24, 2020
BusinessTechnologyAutonomous

Tesla Gets Green Light for S&P 500 Inclusion

Tesla Inc., Elon Musk’s 17-year-old upstart carmaker, took a giant step toward blue-chip respectability, getting named to one of the world’s most famous stock indexes in an action that will greatly broaden its investor base.

November 17, 2020
BusinessTechnologyFuel

Top Electric-Car Battery Maker Wins Approval for Company Split

South Korea’s LG Chem Ltd. won shareholder approval to hive off its superstar battery business, with investors betting the division has a better chance to thrive as a stand-alone entity.

October 30, 2020
BusinessTechnologyFuelAutonomous

Elon Musk Cruises to $11.8 Billion Haul, Is Now World’s Fourth-Richest Person

Tesla Inc.’s Elon Musk collected the fourth tranche of his moonshot award this month, bringing his aggregate haul to $11.8 billion.

October 26, 2020