Tesla News Updates

Government, Business, Technology, Fuel

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
Business, Technology, Fuel

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
Government, Business, Technology, TCA

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
Business, Technology, Autonomous

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
Business, Technology, Autonomous

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
Business, Technology, Fuel

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
Business, Technology, Fuel, Autonomous

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
Business, Safety

Tesla Is Recalling About 30,000 Imported Vehicles in China

Tesla Inc. is recalling about 30,000 imported Model S and Model X vehicles in China because of suspension problems, a setback for the U.S. electric-car maker just as it faces intensifying competition in the world’s largest auto market.

October 23, 2020
Business, Technology, Fuel, Autonomous

Tesla to Start Exporting China-Made Model 3 Cars to Europe

Tesla Inc. will start exporting Model 3 cars made at its gigafactory on the outskirts of Shanghai to Europe later this month, the automaker said in a statement sent via WeChat.

October 19, 2020
Business, Technology, Fuel, Autonomous

Tesla Inches Near Annual Goal With Record Sales in Quarter

Tesla Inc. delivered a record number of cars worldwide in the third quarter, smashing analysts’ estimates and maintaining its dominance in electric-vehicle sales — making a difficult year-end sales goal slightly more attainable.

October 2, 2020