Tesla News Updates

Business, Technology, Fuel, Top 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
Business, Technology, Fuel, Autonomous

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
Business, Equipment

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
Government, Business, Technology

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
Business, Technology

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
Business, Technology, Autonomous

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
Business, Technology, Autonomous

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
Business, Technology, Fuel

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
Business, Technology, Equipment, Fuel, Top 100

Israeli Entrepreneur Races Tesla to Get Electric Trucks on Road

Tevva Motors Ltd., headed by a former Israeli submariner who’s vying with Elon Musk’s Tesla Inc. to develop electric-powered trucks, secured a major investment that will enable it to put the vehicles on the road this year.

June 19, 2018