Tesla CEO Elon Musk has announced that the company is laying off 7 percent of its full-time employees in an effort to cut costs and increase profits. He revealed that while Tesla will run a second.. engadget - Published
Business Insider reports Tesla is lowering the price of certain Model 3 sedans in China by up to 7.6%. The electric car company made the announcement Sunday. The starting price for a Model 3 in China..
Tesla CEO Elon Musk said his company will reimburse customers for missing out on significant tax credit. According to Reuters, Musk is offering this reimbursement because of delays in car deliveries...
On Wednesday, SpaceX launched a resupply mission to the International Space Station. But a malfunction caused its booster to splash down in the Atlantic Ocean. On Friday, teams towed the 156-foot-tall..
The Boring Company is building a test tunnel near Los Angeles and its opening is running behind schedule. Yet CEO Elon Musk said the tunnel would also include a few extra features. He said there would..
Tesla CEO Elon Musk said the company was close to death earlier this year as it worked through a production ramp for the Model 3.
CNBC reports that Musk made the revelation during an interview In with..
Good news for Tesla owners who are planning to rack up miles in 2019. Digital Trends reports that Elon Musk's company is upgrading their Superchargers in early 2019. Superchargers are charging stations..
Tesla isn't done streamlining its electric car lineup. Elon Musk has announced that his company will stop taking orders for the 75kWh versions of the Model S and Model X after January 13th. He didn't.. engadget - Published
Tesla CEO Elon Musk has confirmed that the company’s first overseas factory in Shanghai will focus on producing Model 3 vehicles for the Chinese market only. Musk is currently in China to break.. TechCrunch - Published
SpaceX is in the midst of another fundraising round that will bring in another half-billion dollars. The new financing will value the Hawthorne, California-based aerospace company at $30.5 billion. The.. bizjournals - Published
SpaceX has another quarter of a billion dollars to work with as the Hawthorne, Calif.-based aerospace company pursues its ambitions beyond Earth’s orbit. Elon Musk’s company has secured a $250.. bizjournals - Published
Elon Musk has shot out some crazy, unbelievable tweets over the last year, but he wasn’t joking about the bricks. Musk has started a company called The Brick Store LLC to produce and sell bricks,.. TechCrunch - Published
· Robyn Denholm has been appointed chair of Tesla's board, replacing CEO Elon Musk, the company said late Wednesday
· The change was required as part of Tesla's $20 million settlement with the.. Business Insider - Published
During an interview on the podcast Recode Decode, Tesla CEO Elon Musk said the company is working on a futuristic "Blade Runner" pickup truck.
azcentral.com - Published Also reported by •Delawareonline •USATODAY.com
Baird reiterated its Outperform rating on Tesla Inc (NASDAQ:TSLA) Monday despite a report by the Wall Street Journal saying the US Federal Bureau of Investigations was reviewing the company's Model 3.. Proactive Investors - Published
On Tesla's earnings call after announcing its first quarterly profit, CEO Elon Musk chatted about the company's upcoming products. While claiming it has "the most exciting product roadmap of any.. engadget - Published
· Tesla will report third-quarter earnings Wednesday afternoon.
· Musk has previously said the company could be cash flow positive this quarter.
· All eyes will be on the Model 3's average selling.. Business Insider - Published
Tesla isn't just pulling exterior color options to keep its assembly lines humming. Elon Musk has announced that his company is removing "many" Model S and Model X interior configuration options after.. engadget - Published
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk announced the release of a lower cost Model 3 while an investment bank said fourth quarter deliveries will probably run at a strong clip. Musk said the company.. Proactive Investors - Published
Back in July, Tesla announced it had signed a deal in China allowing it to build up to 500,000 vehicles a year there. Now Elon Musk's company has acquired the land to build its manufacturing facility.. Mashable - Published
Tesla CEO Elon Musk, the company’s largest shareholder, intends to buy another $20 million in common stock, a move that appears to be in response to a recent settlement with the U.S. Securities and.. TechCrunch - Published Also reported by •Newsmax
NEW YORK (AP) — A federal judge is approving a settlement between Elon Musk and federal regulators over his infamous tweet about taking Tesla private. The Securities and Exchange Commission argued.. SeattlePI.com - Published
Tesla Inc (NASDAQ:TSLA) was once no stranger to production issues, but the electric-vehicle company seems to have found its way back on track lately. The automaker is expected to have produced 11,500.. Proactive Investors - Published
If Tesla CEO Elon Musk wants to return as chairman, shareholders will have to vote on it. The requirement is detailed in a court brief filed jointly on Thursday by Tesla and the Securities and Exchange.. SFGate - Published Also reported by •SeattlePI.com
New dates were announced for when SpaceX and Boeing will test launch and, soon after, send NASA astronauts to space. But the timeline is not definite. Hawthorne, Calif.-based rocket company SpaceX is.. bizjournals - Published
David Einhorn, the hedge fund manager and a scathing critic of Tesla, is slamming the electric car maker (NASDAQ:TSLA) and comparing its problems to those faced by Lehman Brothers before the bank went.. Proactive Investors - Published
Tesla has released its first Autopilot safety report on Thursday, following promises from CEO Elon Musk in May that the company would do so quarterly after highly-publicised crashes involving its.. Mashable - Published
Tesla CEO Elon Musk is having a dreadful week, but the company (NASDAQ:TSLA) has some encouraging news. The electric-car maker manufactured a record 80,000 vehicles in the third quarter, per a report.. Proactive Investors - Published
SAN FRANCISCO (AP) — Tesla CEO Elon Musk and the electric car company have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped.. SeattlePI.com - Published Also reported by •Deseret News •SFGate •Newsday •Seattle Times
Embattled Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has settled charges brought by the Securities and Exchange Commission stemming from a tweet last month claiming to have the funding to take the.. Proactive Investors - Published
Tesla CEO Elon Musk was offered a deal that would have settled the federal fraud lawsuit he’s now facing, but decided to fight the suit instead, The Wall Street Journal reports, citing unnamed.. bizjournals - Published
· *The SEC has named Elon Musk in a lawsuit, according to Bloomberg.*
· *The regulator has been investigating Musk and his company, Tesla, for months.*
The.. Business Insider - Published