Tag: Tesla

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 6, 2021

General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030 with an array of new electric vehicles, profitable gas-powered cars and trucks, and services such as […]

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 […]

September 1, 2021

The U.S. government’s highway safety agency wants detailed information on how Tesla’s Autopilot system detects and responds to emergency vehicles parked on highways. The National Highway Traffic Safety Administration made the request in an 11-page letter dated Aug. 31 that […]

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 […]

May 4, 2021

A Delaware judge on May 3 ordered lawyers representing Tesla Inc. directors to turn over certain communications that CEO Elon Musk may have shared with the company’s top in-house attorneys before the board approved a compensation plan in 2018 that […]

April 12, 2021

Huawei Technologies Co. will invest $1 billion on researching self-driving and electric-car technologies, accelerating plans to compete with Tesla Inc. and Xiaomi Corp. in the world’s biggest vehicle arena. Huawei’s autonomous-driving technology already has surpassed Tesla’s in some spheres, for […]

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 […]

March 22, 2021

Peter Rawlinson, who’d been the chief engineer for Tesla’s Model S, is ready to launch his Lucid Air from a factory in Casa Grande, Ariz., this spring. From a lot that Rawlinson called “bare earth,” a US $700 million factory […]

November 2, 2020

Both of the major-party presidential candidates have said they support electric vehicles, but a Joe Biden win could bring changes to significantly speed up the adoption of cars and trucks built by the likes of Tesla Inc. and Nikola Corp. […]

October 23, 2020

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. The company […]

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 […]

September 8, 2020

Tesla Inc. shares slid on Sept. 8 after the electric-vehicle maker missed out on being included in the S&P 500 Index, taking investors who had bet on its entry to the benchmark by surprise. Tesla shares fell as much as […]

September 1, 2020

Tesla Inc. plans to sell as much as $5 billion of shares, capitalizing on its high-flying price and on a recent stock split that made it more accessible to individual investors. The Palo Alto, Calif.-based carmaker will sell the shares […]

August 19, 2020

General Motors Co. is accelerating its push into the fast-growing electric-car segment in China, the world’s largest market, seeking to challenge sales leader Tesla Inc. and a slew of local contenders. The Detroit-based carmaker outlined its technology rollout plan for […]

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 […]