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Tesla Inc News
Coronavirus vaccine: Elon Musk says Tesla building 'RNA microfactories' for CureVac
Fri, Jul 03, 2020
CureVac, an unlisted German company, has said it is developing transportable, automated mRNA production units that it calls printers. They will be designed to be shipped to remote locations, where they can churn out its vaccine candidate and other mRNA-based therapies depending on the recipe fed into the machine.
Tesla e-mail warns employees against leaking trade secrets
Mon, May 06, 2019
Tesla is very serious about its data and the level of seriousness is evident from the company's latest e-mail to its employees, warning against leaking confidential information. The e-mail, shared with CNBC, warns that outsiders who will do anything to see Tesla mail are targeting employees for information through social media and other methods. It reminds employees about their confidentiality agreements and warns them that leaking propriety business information will result in action against them, including termination of employment, claims for damages, and even criminal charges.
Tesla investigates video of parked Model S car exploding in Shanghai
Mon, Apr 22, 2019
The automaker has said its EVs are about 10 times less likely to experience a fire than petrol-powered cars, based on its fleet of over 500,000 vehicles which have driven more than 10 billion miles.
NTSB opens investigation into fatal Tesla crash in Florida
Sat, Mar 02, 2019
A report on Friday`s crash released by the Palm Beach County Sheriff`s Department did not indicate if Autopilot was engaged at the time of the crash that killed the 50-year-old Tesla Model 3 owner.
Apple self-driving car layoffs give hints to division's direction
Thu, Feb 28, 2019
The public documents filed with regulators provide some previously undisclosed clues.
Tesla shares fall after Musk mocks SEC, Greenlight's comment
Sat, Oct 06, 2018
In its quarterly letter, Greenlight said its short position on Tesla was its second-biggest winner in the third quarter. The hedge fund said Musk has been deceptive and the carmaker`s woes resemble those of Lehman Brothers before its collapse.
Elon Musk, ordered to defend fraud settlement, takes aim at SEC
Fri, Oct 05, 2018
Tesla Inc Chief Executive Elon Musk on Thursday mocked the U.S. Securities and Exchange Commission, hours after a federal judge ordered him and the regulator to justify their settlement of securities fraud charges.
Elon Musk's U-turn on Tesla deal could intensify his legal, regulatory woes
Mon, Aug 27, 2018
Musk has stuck to his original statement that he believed a deal was possible, and one person familiar with the discussions told Reuters that Musk was serious about taking the carmaker private.
Tesla CEO Elon Musk accused in lawsuit of fraud over going-private proposal
Sat, Aug 11, 2018
Tesla Inc and Chief Executive Elon Musk were sued on Friday by an investor who said they committed securities fraud in a scheme to "completely decimate" short-sellers that included Musk`s proposal to take the electric car company private.
Tesla's board seeking more information on Musk's financing plan - sources
Fri, Aug 10, 2018
Tesla Inc`s board has not yet received a detailed financing plan from CEO Elon Musk, and is seeking more information about how he will take the U.S. electric car maker private in a proposed deal worth $72 billion, people familiar with the matter said on Thursday.
Elon Musk calls Wall Street snub ''foolish'' but defends his behaviour
Sat, May 05, 2018
Elon Musk refused to answer questions from analysts on the electric vehicle maker`s capital requirements, saying "boring, bonehead questions are not cool," before turning questions over to a little known investor who runs HyperChange, a YouTube investment channel. The outspoken performance shocked many analysts, sparked a fall in Tesla`s share price and led some to question whether Musk`s behaviour could risk the company`s ability to raise capital
US safety agency criticises Elon Musk led Tesla car crash data release
Mon, Apr 02, 2018
Last week, Tesla Inc said that a search of its service records did not "find anything suggesting that the customer ever complained to Tesla about the performance of Autopilot. There was a concern raised once about navigation not working correctly, but Autopilot`s performance is unrelated to navigation."
Crashed Tesla Model X car had been on autopilot prior to accident, says company
Sat, Mar 31, 2018
Tesla also said vehicle logs from the accident showed no action had been taken by the driver soon before the crash and that he had received earlier warnings to put his hands on the wheel. "The driver had about five seconds and 150 meters of unobstructed view of the concrete divider with the crushed crash attenuator, but the vehicle logs show that no action was taken," Tesla said
Tesla chief Elon Musk says China trade rules uneven, asks President Trump for help
Fri, Mar 09, 2018
Tesla Inc Chief Executive Elon Musk took to Twitter on Thursday to call on U.S.
Elon Musk may get no salary unless Tesla hits milestones
Tue, Jan 23, 2018
Tesla also put to rest speculation that Musk will quit any time soon, saying the milestones required him to remain as CEO or serve as both executive chairman and chief product officer.
Global carmakers to invest at least $90 billion in electric vehicles
Tue, Jan 16, 2018
That money is pouring in to a tiny sector that amounts to less than 1 percent of the 90 million vehicles sold each year and where Elon Musk`s Tesla Inc, with sales of only three models totaling just over 100,000 vehicles in 2017, was a dominant player.
Tesla's unfettered ambition to strain finances but investors unfazed
Fri, Nov 17, 2017
Chief Executive Elon Musk shocked industry-watchers by launching a $200,000 sports car on Thursday, along with two electric trucks, possibly adding more logistical nightmares even as it wrestles with production issues related to its Model 3 sedan.
U.S. labour board files complaint against Tesla over worker rights
Fri, Sep 01, 2017
According to the National Labor Relations Board complaint, Tesla violated workers` rights by requiring them to sign a confidentiality agreement that could bar them from talking about their working conditions and safety issues at the company`s facility in Fremont, California.
Tesla Q3 deliveries to include 3,500 vehicles in transit
Sat, Jul 08, 2017
The company delivered about 47,100 electric sedans and SUVs in the first half of 2017, at the lower end of its own forecasts, putting pressure on the company`s shares.
Tesla to raise about $1.15 billion in stock, notes; Musk to buy shares
Thu, Mar 16, 2017
Some Wall Street analysts had predicted that Tesla would seek to raise as much as $2.5 billion in capital.