tesla News Updates

Business, Technology, Autonomous

Tesla Profits Beat Estimates

Tesla Inc. reported better-than expected profits in the latest quarter, signaling strength as it faces growing questions about carbuyer demand for its all-electric vehicle lineup.

January 26, 2023
Business, Technology, Equipment

Tesla Invests $3.6 Billion in Nevada Factories for Batteries, Trucks

Tesla Inc. is investing $3.6 billion in two new factories to build electric vehicle batteries and its all-electric Semi heavy-duty truck near an existing production site in Reno, Nev.

January 25, 2023
Government, Business, Technology

Musk Returns for Day 3 of Tesla Investors Trial

SAN FRANCISCO 鈥 Elon Musk returned to the stand for a third day on Jan. 24 in federal court in San Francisco to testify in a trial stemming from a class action lawsuit.

January 24, 2023
Business, Technology, Safety, Autonomous

Musk Oversaw Video That Exaggerated Tesla鈥檚 Self-Driving, Emails Show

Elon Musk oversaw the creation of a 2016 video that exaggerated the abilities of Tesla Inc.鈥檚 driver-assistance system Autopilot, even dictating the opening text that claimed the company鈥檚 car drove itself.

January 19, 2023
Government, Business

Jury Selection Begins for Musk鈥檚 Tesla Tweets Trial

A Silicon Valley judge began questioning potential jurors Jan. 17 to hear allegations that Elon Musk cheated Tesla investors by claiming in a 2018 tweet that he had lined up financing to take the electric automaker private.

January 17, 2023
Government, Business, Technology, Safety, Autonomous

Feds Review Musk Tweet About Disabling Driver Monitoring

A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a 鈥淔ull Self-Driving鈥 system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from U.S. safety regulators.

January 9, 2023
Business, Technology

Tesla鈥檚 Board Takes Heat Over CEO Succession Planning

Tesla Inc.鈥檚 board of directors is facing mounting pressure to prove just how prepared they are for the potential loss of Elon Musk, the erratic CEO largely behind the breakneck rise and dramatic fall in the company鈥檚 valuation.

January 5, 2023
Business, Technology

Tesla Breaks Own Sales Record, but Misses Estimate for 2022

Tesla said Jan. 2 that it sold a record 1.3 million vehicles last year, but the number fell short of CEO Elon Musk鈥檚 pledge to grow the company鈥檚 sales by 50% nearly every year.

January 3, 2023
Business, Technology

Tesla Stock Has Never Been This Cheap 鈥 And It Could Still Drop Further

Tesla Inc. shares are trading at their cheapest ever by at least one measure as the electric vehicle giant grapples with an array of challenges, from waning demand in China to investor concern over billionaire CEO Elon Musk鈥檚 priorities.

December 13, 2022
Business, Technology, Equipment, Fuel, Autonomous

Tesla Delivers Its First Electric Semis to PepsiCo

Tesla Inc. has handed over the first of its long-awaited battery-electric Class 8 tractors to private fleet operator PepsiCo, kicking off customer deliveries for the vehicle originally unveiled more than five years ago.

December 2, 2022