Tag: Elon Musk

March 28, 2022

Tesla Inc. gained in early trading March 28 after the carmaker said it plans to seek shareholder approval for a move that would enable its second stock split in roughly two years. The company said in a tweet that it […]

December 15, 2021

The Financial Times followed Time magazine in naming Elon Musk “Person of the Year,” with the British newspaper lauding the world’s richest man’s role in shifting the automotive industry toward an all-electric future. “Even if Tesla were somehow to collapse […]

November 3, 2021

The first trial to determine whether Tesla Inc.’s Autopilot technology led to a fatal car crash may require jurors to weigh testimony from founder Elon Musk against criticism of the driver-assistance system by Mary “Missy” Cummings, a U.S. government safety […]

October 18, 2021

Tesla Inc. shares are staging a comeback as investors expect the Elon Musk-led electric carmaker to navigate the crippling semiconductor shortage better than rivals that have been severely disrupted. The stock gained as much as 3.8% to $875.26 on Oct. […]

October 1, 2021

Tesla Inc. is expected to report record deliveries of roughly 224,000 vehicles in the most recent quarter, another milestone for CEO Elon Musk and his trailblazing electric-car brand. Deliveries are one of the most closely watched metrics at Tesla: They […]

August 13, 2021

Tesla founder and CEO Elon Musk said Aug. 13 that he hopes to start producing cars at its new factory outside Berlin in October. The U.S. company originally had planned to begin manufacturing its electric cars at the “Gigafactory” in […]

May 7, 2021

One of Tesla Inc.’s engineers told California authorities that CEO Elon Musk overstated the capability of Autopilot, the company’s driver-assistance system, early this year. The clarification was described in a series of records the California Department of Motor Vehicles released […]

April 9, 2021

Tesla CEO Elon Musk is once again drawing scrutiny for questionable comments he made to Wall Street analysts, this time involving the status of his company’s vehicle production. On a Jan. 27 conference call to discuss Tesla’s fourth-quarter earnings, Musk […]

October 19, 2020

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. The car will be shipped to more than 10 […]

September 28, 2020

Tesla Inc.’s plan to build a $25,000 car within the next three years doesn’t seem to have fazed China’s most-promising electric vehicle startups, with executives at the Beijing Auto Show saying Elon Musk can bring it on. “It’s a good […]

September 22, 2020

Elon Musk tempered expectations for Tesla Inc.’s long-awaited battery day by cautioning that the company will unveil something that won’t be widely produced for two years. Tesla shares fell as much as 6% and were down 5.2% at $425.97 as […]

September 18, 2020

AUSTIN, Texas — Bulldozers and other construction equipment have been at work for weeks at the location of Tesla’s future $1.1 billion electric vehicle factory in southeast Travis County, but a site plan filed by the company is providing the […]

July 23, 2020

Tesla Inc. shares extended their meteoric gains in U.S. pre-market trading as even the most pessimistic analysts struggled to find faults in the electric-car maker’s quarterly earnings report. It was a “home-run quarter” for Elon Musk’s firm, according to Wedbush’s […]

July 9, 2020

Tesla Inc.’s Elon Musk said the carmaker is on the verge of developing technology to render its vehicles fully capable of driving themselves, repeating a claim he has made for years but been unable to achieve. The CEO has long […]

July 1, 2020

Tesla Inc. endured a roughly seven-week shutdown of its most important car plant in the world last quarter, but its brand-new backup factory may have saved the day. The manufacturer may have delivered more than 83,000 vehicles last quarter, according […]

May 11, 2020

Tesla Inc. asserts that restarting its operations in the midst of the coronavirus pandemic doesn’t make the company an outlier, nor is it going against the grain. But its CEO’s handling of the health crisis has been anything but ordinary. […]

May 8, 2020

Tesla Inc. plans to reopen its sole U.S. car factory as soon as May 8, possibly setting up another battle with local health authorities in California. Tesla CEO Elon Musk told staff of the reopening May 7 in an email […]

January 30, 2020

Tesla Inc. delivered a second straight quarter of blowout earnings and speedy execution, extending an unprecedented surge for its heavily shorted stock. The record revenue Tesla reported Jan. 29 beat estimates and carried the company to its fourth profit in […]

January 24, 2020

Volkswagen AG CEO Herbert Diess is preparing to muscle Elon Musk out of the electric-car lead. While Tesla Inc. is paving the way in sustainable mobility, the world’s biggest automaker is buying software companies and ramping up investments in electric […]

December 30, 2019

Tesla Inc. delivered its first China-built cars, a milestone for Elon Musk’s company as it accelerates a push in the world’s largest electric-vehicle market. The company handed over the first 15 Model 3 sedans assembled at Tesla’s new multibillion-dollar Shanghai […]