Tag: Tesla

July 17, 2020

Tesla Inc. kept growing in China last month, with registrations of its electric vehicles jumping to a record in the world’s largest market as the coronavirus outbreak receded. In June, 14,976 China-built Teslas were registered in the country, according to […]

July 15, 2020

There’s no looking back for Tesla Inc. shares, even as their parabolic surge continues to confound market pundits. The market value of the electric vehicle maker has increased by more than the equivalent of Caterpillar Inc. in just the nine […]

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 7, 2020

Morgan Stanley analysts lifted their bull-case price target for Tesla Inc. to $2,070 after an “extraordinary” rally saw the stock overshoot a previous best-case scenario of $1,200. But they still don’t recommend buying Tesla shares. After better-than-expected delivery numbers in […]

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 18, 2020

Tesla Inc. told employees that a California county health official has now signed off on safety measures the company took last week at its car plant as it restarted production in defiance of the area’s shutdown order. The Alameda County […]

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 […]

April 15, 2020

Automakers are anxious to get their assembly lines rolling again, especially since leaving factories idle is costing them billions of dollars by the week. But the experience many of them have had in China illustrates just how long a slog […]

April 8, 2020

Tesla Inc. will furlough noncritical employees without pay and temporarily cut executive salaries as much as 30% to conserve cash while the coronavirus pandemic forces the shutdown of much of its operations. In the U.S., those ranked vice president or […]

February 19, 2020

It’s a well-known phenomenon in the cybersecurity world that the more technology you pack into a product, the more vulnerable it is to hacking. Cars are no exception, and new research released today by the security company McAfee could raise […]

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 […]

January 3, 2020

Tesla sold 367,500 cars in 2019, a new record for the company, according to figures published to its website early on Friday morning. While that’s on the low end of the 360,000 to 400,000 vehicle estimate the company offered up […]

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 […]

December 27, 2019

General Motors Co. and Tesla are about to become the first automakers that will have to sell EVs without the benefit of a $7,500 federal tax credit. Congress failed to include legislation in a spending bill that would have tripled […]

December 18, 2019

For many Americans, New Year’s Day means a new set of resolutions, a slight headache, and a refreshing tabula rasa. At Tesla, the electric vehicle maker, January 1, 2020 will mark something else: the official end of its vehicles’ eligibility […]

December 10, 2019

Another Tesla Inc. vehicle operating on the carmaker’s driver-assistance system branded as Autopilot has crashed into a parked emergency vehicle, eliciting fresh warnings about the shortcomings of automated technology on public roads. A Tesla Model 3 sedan hit a parked […]

October 24, 2019

Elon Musk flipped the script on those who doubted Tesla Inc. could return to profitability and meet aggressive timelines, delivering positive earnings few saw coming and declaring he’s ahead of schedule on a new plant and product. The electric-car maker […]

October 2, 2019

In lots of ways, Tesla’s new Smart Summon feature is classic Tesla. Rolled out last week as part of an extensive software update—which also included updates for Automatic Lane Change; an in-car, 360-degree view while behind the wheel; a new […]