Tesla deliveries drop due to challenges shipping to Europe and China

Thu, 04 Apr 2019 - 08:51 GMT

“Overall, the Street was expecting an apocalyptic quarter and Model 3 deliveries were better than feared by many,” said Wedbush analyst Daniel Ives, who noted the overall number was “clearly rocky.”

China customs lifts suspension on Tesla Model 3 imports: sources

Thu, 14 Mar 2019 - 10:00 GMT

China’s customs authority has lifted their suspension on imports of Tesla’s Model 3 after the U.S. electric car maker made the necessary rectifications.

Tesla to raise vehicle prices, keep more stores open

Mon, 11 Mar 2019 - 10:13 GMT

Tesla said the worldwide price hikes will apply to the more expensive variants of Model 3, Model S and Model X, and there will be no price increase to the $35,000 Model 3.

Trump says China to cut tariffs on U.S.-made cars in potential lift for Tesla, BMW

Mon, 03 Dec 2018 - 09:33 GMT

Trump’s tweet did not give any further detail about the tariff cuts, such as when the deal had been reached or a new level for the Chinese levies.

Tesla's Elon Musk says tweet that led to $20 million fine 'Worth It'

Sun, 28 Oct 2018 - 09:26 GMT

The tweet, sent late Friday evening less than an hour before Musk tweeted that he would take a break from Twitter “for a few days,” was in response to a question from a Twitter follower.

Musk to resign as Tesla chairman, remain as CEO in SEC settlement

Sun, 30 Sep 2018 - 08:47 GMT

The securities fraud agreement, disclosed by the U.S. Securities and Exchange Commission on Saturday, will come as a relief to investors.

Tesla's Musk smokes marijuana on comedy podcast

Fri, 07 Sep 2018 - 11:29 GMT

Tesla's Elon Musk provoked another twitter storm on Friday by briefly smoking marijuana on a live web show with comedian Joe Rogan

Investors to get their say after Musk scuttles Tesla buyout

Mon, 27 Aug 2018 - 08:34 GMT

Tesla’s shares already had fallen nearly 10 percent below their level on Aug. 7, just before Musk tweeted that he had “funding secured” for a buyout at $420 a share.

Tesla CEO Musk drops pursuit of $72 billion take-private deal

Sun, 26 Aug 2018 - 08:57 GMT

Tesla Inc Chief Executive Elon Musk said late on Friday he would heed shareholder concerns and no longer pursue a $72 billion deal to take the luxury electric car maker private.

Deal-hungry investment bankers walk Tesla tightrope

Wed, 22 Aug 2018 - 08:03 GMT

Musk did not just catch investors and analysts off guard earlier this month by announcing on Twitter he was considering taking the U.S. electric car maker private.

Saudi PIF in talks to invest in aspiring Tesla rival Lucid: sources

Mon, 20 Aug 2018 - 08:55 GMT

The talks between privately-held Lucid Motors and PIF underscore the latter’s appetite to invest in electric car makers to diversify the oil-rich Middle Eastern kingdom’s investment portfolio.

Tesla's slow disclosure raises governance, social media concerns

Mon, 13 Aug 2018 - 08:54 GMT

Musk stunned investors last Tuesday by announcing on Twitter that he was considering taking Tesla private in a potential $72 billion transaction and that “funding” had been “secured.”

World's top wealth fund opposed Musk's double role at Tesla

Wed, 06 Jun 2018 - 09:13 GMT

The fund also voted against the re-election of board member Antonio Gracias, but backed the reappointment of James Murdoch as well as Elon Musk’s brother Kimbal.

Tesla agrees to settle class action over Autopilot billed as 'safer'

Sat, 26 May 2018 - 12:30 GMT

Tesla Inc on Thursday reached an agreement to settle a class action lawsuit with buyers of its Model S and Model X cars.

Tesla trims up to $14K off Model X in China after tariff cuts

Wed, 23 May 2018 - 08:35 GMT

The carmaker will lower prices of its Model S and Model X cars by just over 6 percent, a Beijing-based sales representative told Reuters on Wednesday.

Tesla says 'Autopilot' was engaged during fatal crash

Sat, 31 Mar 2018 - 10:07 GMT

Electric carmaker Tesla has confirmed its "Autopilot" feature was engaged during a fatal crash last week.

Tesla says crashed vehicle had been on autopilot prior to accident

Sat, 31 Mar 2018 - 09:50 GMT

Tesla Inc said on Friday that a Tesla Model X involved a fatal crash in California last week had activated its Autopilot system.

Numbers starting to add up for Tesla trucks: DHL executive

Sat, 24 Feb 2018 - 09:55 GMT

The numbers behind Tesla Inc’s long-distance Semi electric trucks are close to making sense for haulers looking at a shift away from diesel.

Tesla delays, tax credit concerns spur sales of Chevy Bolts

Sun, 18 Feb 2018 - 07:26 GMT

Some potential buyers of Tesla’s long-delayed Model 3 sedan are concerned that they will miss out on big federal tax breaks and are looking for alternatives.

Tesla fired hundreds of employees in past week

Sat, 14 Oct 2017 - 12:53 GMT

Luxury electric vehicle maker Tesla Inc fired between 400 and 700 employees this week, including engineers, managers and factory workers.