Tesla News Updates

Government, Technology, Safety, Autonomous

Tesla Scrutinized by NHTSA Over Model 3 Safety Claims

The U.S. National Highway Traffic Safety Administration sent Tesla Inc.’s Elon Musk a cease-and-desist letter last year regarding Model 3 safety claims and has subpoenaed the carmaker for information on several crashes, according to documents posted by a nonprofit advocacy group.

August 7, 2019
Government, Business, Technology

Musk’s Tweets About Tesla Production Raise Questions on SEC Accord

Elon Musk tweeted a Tesla Inc. production number that the company hadn’t communicated previously, presenting the first test case of whether his April settlement with securities regulators has made him more disciplined on social media.

July 30, 2019
Business, Technology, Logistics

Tesla to Pay China $323 Million a Year in Tax for Factory Site

Tesla Inc. agreed to pay China 2.23 billion yuan ($323 million) in tax every year as part of a deal with local authorities to build an electric vehicle factory on the outskirts of Shanghai.

July 30, 2019
Business, Technology

Tesla Plunges on Profit Doubts, Co-Founder J.B. Straubel’s Surprise Exit

Tesla Inc. shares plummeted after a worse-than-expected loss and yet another major management change cast fresh doubts on the electric car maker’s future.

July 25, 2019
Business, Technology

Tesla Plunges on Quarterly Loss, Backtracks From Profit Forecast

Tesla Inc. shares plummeted in late trading after the electric-car maker posted a worse-than-expected loss and backtracked from a forecast for a return to profit.

July 24, 2019
Business, Technology

Tesla’s ‘Anemic’ High-Margin Model Sales Extend Profit Struggle

Tesla Inc. is delivering more cars than ever because of the emergence of Model 3 customers like Mike Land. His view of the relative weakness of Elon Musk’s more expensive electric cars also helps explain why the company is still struggling to make money.

July 23, 2019
Business, Technology, Autonomous

Apple Continues to Stockpile Former Tesla Engineers

Apple Inc. has hired Steve MacManus, at least the third Tesla Inc. engineering executive to join the Cupertino, Calif.-based technology giant in the past year.

July 22, 2019
Business, Technology, Logistics

Tesla Readies Production Boost, Hints of Return to Hiring Mode

Tesla Inc. is poised to increase production at its California car plant and is back in hiring mode, according to an internal e-mail sent days after the company wrapped up a record quarter of deliveries.

July 10, 2019
Business, Fuel

Tesla Shares Surge as Model 3 Paces Record Quarter of Deliveries

Tesla Inc. soared in late trading after the electric-car maker set a record for quarterly vehicle deliveries, helped by U.S. consumers rushing to buy Model 3 sedans before a federal tax credit shrank in half.

July 2, 2019
Business

Tesla Loses More Executives in Midst of Musk’s Deliveries Push

Tesla Inc. executive departures are apparently picking up speed again, with reports saying the electric car maker has lost its head of Europe and a top engineering manager.

July 2, 2019