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Tesla

May 13, 2020

Musk becomes champion for businesses defying shutdown orders

At the Fit4All Gym in Lebanon, Illinois, owner David Tate considers Elon Musk a huge ally in the fight against government coronavirus orders that Tate says are driving him into the poorhouse. Tate reopened his 250-member gym in defiance of state orders on Monday, the same day Musk restarted his huge San Francisco Bay Area […]

Feb 26, 2020

NTSB: Tesla Autopilot, distracted driver caused fatal crash

Tesla’s partially automated driving system steered an electric SUV into a concrete barrier on a Silicon Valley freeway because it was operating under conditions it couldn’t handle and because the driver likely was distracted by playing a game on his smartphone, the National Transportation Safety Board has found. The board made the determination this week […]

Feb 26, 2020

NTSB: Tesla Autopilot, distracted driver caused fatal crash

Tesla’s partially automated driving system steered an electric SUV into a concrete barrier on a Silicon Valley freeway because it was operating under conditions it couldn’t handle and because the driver likely was distracted by playing a game on his smartphone, the National Transportation Safety Board has found. The board made the determination this week […]

Nov 22, 2019

Tesla steers toward industry profit driver with a pickup

Tesla is aiming for the heart of the auto industry’s profit machine with its own version of the heavy pickup truck. Rolling onstage before a wall of lasers and flame on a California stage, the introduction of Tesla’s sharp-angled, stainless-steel “cybertruck” was not a quiet one. Nor was it without surprises. The vehicle, which Tesla […]

Nov 22, 2019

Tesla steers toward industry profit driver with a pickup

Tesla is aiming for the heart of the auto industry’s profit machine with its own version of the heavy pickup truck. Rolling onstage before a wall of lasers and flame on a California stage, the introduction of Tesla’s sharp-angled, stainless-steel “cybertruck” was not a quiet one. Nor was it without surprises. The vehicle, which Tesla […]

Oct 24, 2019

Tesla’s stock soars after company posts surprising 3Q profit

Tesla posted a surprising profit of $143 million in its latest quarter, raising hopes the electric car pioneer may finally be turning the corner after posting mostly losses during its first decade as a publicly held company. The positive results came after Tesla lost $1.1 billion during the first half of the year. That had […]

Oct 24, 2019

Tesla’s stock soars after company posts surprising 3Q profit

Tesla posted a surprising profit of $143 million in its latest quarter, raising hopes the electric car pioneer may finally be turning the corner after posting mostly losses during its first decade as a publicly held company. The positive results came after Tesla lost $1.1 billion during the first half of the year. That had […]

Mar 11, 2019

Tesla walks back its plan to close most showrooms

Tesla is walking back plans to close most of its showrooms worldwide and announced price hikes for most of its electric vehicles. Tesla announced last month that it would shutter most of its stores to cut costs so it could sell its lower-priced Model 3 for $35,000. The company continues its shift toward online-only sales, […]

Mar 11, 2019

Tesla walks back its plan to close most showrooms

Tesla is walking back plans to close most of its showrooms worldwide and announced price hikes for most of its electric vehicles. Tesla announced last month that it would shutter most of its stores to cut costs so it could sell its lower-priced Model 3 for $35,000. The company continues its shift toward online-only sales, […]

Sep 18, 2018

Tesla says it has given documents to feds

Tesla Inc. has given documents to the U.S. Justice Department after statements by CEO Elon Musk about taking the company private, the electric-car maker confirmed Tuesday. The Palo Alto, California, company cooperated with the request and believes the matter should be resolved quickly once federal prosecutors review information they have received, according to a company […]

Sep 18, 2018

Tesla says it has given documents to feds

Tesla Inc. has given documents to the U.S. Justice Department after statements by CEO Elon Musk about taking the company private, the electric-car maker confirmed Tuesday. The Palo Alto, California, company cooperated with the request and believes the matter should be resolved quickly once federal prosecutors review information they have received, according to a company […]

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