Tesla News Updates

GovernmentBusinessTechnologySafetyAutonomous

Utah Driver Sues Tesla After Crashing in Autopilot Mode

SALT LAKE CITY — A Utah driver who slammed her Tesla into a stopped firetruck at a red light earlier this year while using the vehicle’s semi-autonomous function has sued the company, saying salespeople told her the car would stop on its own in Autopilot mode if something were in its path.

September 6, 2018
BusinessTechnologyFuelTop 100

Tesla Class 8 Prototype Crosses Country, Stops at Ruan

Officials at transportation service company Ruan got a chance to see Tesla Inc.’s prototype battery-electric heavy-duty truck, which toured the country recently, stopping at some carriers that have placed orders for the truck that is scheduled for fleet testing in 2019.

September 4, 2018
BusinessTechnologyFuelAutonomous

Tesla’s Cobalt-Light Batteries Seen Providing Cost Advantage

Tesla Inc.’s lead in battery technology gives it a cost advantage that may last for several years and help the U.S. electric-car maker face down an onslaught of new competition, according to new research from Bloomberg.

September 4, 2018
Business

Tesla Holders Brace for Market’s Verdict on Musk’s Brazen Pivot

Elon Musk’s stunning tweet that he wanted to take Tesla Inc. private and had funding secured was a classic Musk moonshot — given credibility only by the sense that if anyone could possibly pull such a brazen feat, he was the guy.

August 27, 2018
BusinessEquipment

Elon Musk Hires Morgan Stanley to Potentially Help Take Tesla Private

Elon Musk has hired Morgan Stanley to assist him in his potential bid to take Tesla Inc. private, according to a person familiar with the matter.

August 23, 2018
GovernmentBusinessTechnology

Tesla CEO Musk Tells Newspaper He’s Cracking Under Stress

What do you do when your CEO confesses that he’s cracking under the stress of his job? That’s the question that the nine board members of electric car and solar panel maker Tesla Inc. must answer after Elon Musk, the company’s impulsive leader, admitted to The New York Times that work is rattling his nerves in what he described as the most “difficult and painful year of my career.â€

August 17, 2018
BusinessTechnology

Tesla CEO Elon Musk Says ‘Funding Secured’ Tweet Followed Meeting With Saudis

Tesla’s Elon Musk said in a blog post he reported the funding was secured for a go-private transaction after meeting with the Saudi Arabian sovereign wealth fund July 31, after the Saudi fund bought almost 5% of Tesla stock.

August 13, 2018
BusinessTechnologyAutonomous

Former Chief Tesla Vehicle Engineer Doug Field Returns to Apple

Apple Inc. said it rehired Doug Field after the executive spent about five years at Tesla Inc. in charge of vehicle engineering.

August 10, 2018
BusinessTechnologyAutonomous

Elon Musk Considers Taking Tesla Private

Elon Musk said he’s considering taking Tesla Inc. private in a radical step that would ease pressure on the money-losing automaker.

August 8, 2018
BusinessTechnologyFuel

Tesla Burns $739.5 Million in Cash on Way to Record 2Q Loss

Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars.

August 3, 2018