Tesla News Updates

Business, Technology

Tesla Raises $2.35 Billion in Boosted Debt, Stock Offerings

Tesla Inc. raised $2.35 billion through debt and stock offerings that expanded from the company鈥檚 initial plans, helping to put some near-term liquidity fears to rest.

May 3, 2019
Business, Technology, Logistics

Tesla CEO Elon Musk Correctly Called European Slump for April

Tesla Inc.鈥檚 deliveries in key European markets slumped in April after booming the previous month, lending credence to CEO Elon Musk鈥檚 prediction for 鈥渓umpy鈥 results.

May 3, 2019
Business, Technology

Tesla to Raise $2 Billion to Counter Cash Drain

Tesla Inc. plans to raise about $2 billion through debt and stock offerings, after CEO Elon Musk overestimated the ability of the Model 3 sedan to generate enough cash for the company to be self-sustaining.

May 2, 2019
Business

Tesla鈥檚 Key Inventory Figure Tops $2 Billion for First Time

The value of Tesla Inc.鈥檚 finished goods inventory, which includes vehicles available for sale, exceeded $2 billion for the first time as the Model 3 sedan began overseas deliveries.

April 29, 2019
Government, Business, Technology, Logistics

Shanghai Tesla Factory Key to CEO Elon Musk鈥檚 Ambitions

Three months after groundbreaking, Tesla Inc. is rushing to complete its multibillion-dollar factory on the outskirts of Shanghai to capitalize on growing demand in the world鈥檚 largest electric car market.

April 29, 2019
Business, Technology, Fuel

Tesla Delays Production of Semi Truck Until 2020

SAN FRANCISCO 鈥 Chief Financial Officer Zachary Kirkhorn hinted on a quarterly earnings call that Tesla will build its new semi starting in 2020 at its factory near Reno, Nev.

April 26, 2019
Business, Fuel

Tesla Loses Another Bull as Analyst Dubs Period 鈥楾op Debacle鈥

Tesla Inc.鈥檚 latest first quarter was 鈥渙ne of top debacles鈥 ever seen in 20 years of covering tech stocks on the Street, Wedbush analyst Daniel Ives said April 25.

April 25, 2019
Business, Technology

Tesla Reintroduces Lower-Priced Model S After Deliveries Drop

After a record decline in vehicle deliveries in the first quarter, Tesla Inc. is introducing lower-priced versions of several models, effectively offering consumers a discount.

April 24, 2019
Business, Technology, Safety, Autonomous

CEO Elon Musk Makes Self-Driving Technology Tesla鈥檚 Costly New Calling

Tesla Inc.鈥檚 calling used to be bringing affordable electric cars to the masses. Elon Musk is now ripping up the script, vowing to pair self-driving technology with a sharing service that will make it crazy for consumers to buy other cars.

April 23, 2019
Business, Technology, Autonomous

Tesla Gears Up for Driverless Cars in 2020 Amid Skepticism

SAN FRANCISCO 鈥 Tesla CEO Elon Musk appears poised to transform the company鈥檚 electric cars into driverless vehicles in a risky bid to realize a bold vision that he has been floating for years.

April 22, 2019