Tesla News Updates

BusinessTechnologyFuelAutonomous

Musk Says Cybertruck Will Be Able to Drive Diagonally

Elon Musk, CEO of Tesla, responded to a tweet speculating about what versions of the Cybertruck will be available for purchase by saying initial production will be of the four-motor variant.

December 3, 2021
GovernmentBusinessTechnologyFuelAutonomous

Elon Musk’s Tesla Share Sales Pass $10 Billion

Elon Musk’s offloading of Tesla Inc. shares surpassed the $10 billion mark as he sold stock in the electric car maker for the fourth consecutive week.

December 3, 2021
BusinessTechnology

Tesla Officially Moves HQ From California to Texas

Tesla says it has officially moved its corporate headquarters from Silicon Valley to a large factory under construction outside of Austin, Texas.

December 2, 2021
BusinessLogistics

VW CEO Tells German Workers Tesla Factory Will Threaten Jobs

Volkswagen AG CEO Herbert Diess urged German workers to prepare for a deeper overhaul to remain competitive when Tesla Inc. ramps up vehicle production at its first European factory outside Berlin next year.

November 4, 2021
BusinessTechnologyFuelAutonomous

Hertz Teams With Uber, Carvana in Electric Shift

Hertz Global Holdings Inc., fresh off a blockbuster order for 100,000 Teslas, reached an exclusive agreement to supply Uber drivers with electric vehicles and signed up Carvana Co. to dispose of rental cars it no longer wants.

October 27, 2021
BusinessTechnologyEquipmentAutonomous

Tesla Becomes Lowest-Revenue Company to Hit $1 Trillion Market Value

Tesla Inc. has joined the trillion-dollar-valuation club as the member with the lowest revenue.

October 26, 2021
GovernmentBusinessTechnologyEquipmentSafetyAutonomous

NTSB Wants Tesla to Limit Where Autopilot Can Operate

DETROIT — The head of the U.S. National Transportation Safety Board is calling on Tesla to act on recommendations to limit where its Autopilot driver-assist system can operate and to put a system in place to make sure drivers are paying attention.

October 25, 2021
GovernmentBusinessTechnologyFuelAutonomous

Tesla Concerned About NHTSA’s Safety Pick

Elon Musk and thousands of Tesla Inc.’s die-hard fans and customers are in an uproar about NHTSA’s new pick as its senior safety adviser.

October 21, 2021
BusinessTechnologyFuelAutonomous

Tesla Hits Record Profit Despite Parts Shortage

DETROIT — Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history.

October 20, 2021
BusinessTechnologyFuelAutonomousTCA

Seemingly an Odd Couple, Tesla and Texas Becoming Tightly Intertwined

It seems like an unlikely marriage: Tesla, the world’s biggest electric automaker, moving its headquarters to Texas — where the oil and gas industry is etched in the state’s DNA and where, unless something changes, Tesla isn’t even allowed to sell its vehicles directly to customers.

October 20, 2021