Elon Musk Plans Startup to Rival OpenAI, Report Says
Tesla CEO Elon Musk is making plans for an artificial intelligence startup that will rival OpenAI, according to the Financial Times.
Tesla Plans Shanghai Factory for Power Storage, Reports Say
BEIJING — Electric car maker Tesla Inc. plans to build a factory in Shanghai to produce power-storage devices for sale worldwide, state media reported April 9.
April 10, 2023Tesla Tripled Austin Workforce to More Than 12,000 in 2022
Tesla Inc.’s sprawling manufacturing hub in Austin, Texas, more than tripled its employee ranks last year, the company told county officials.
GM Passes Ford in Q1 EV Sales, Still Trails Tesla
DETROIT — General Motors rode strong first-quarter sales of the Chevrolet Bolt to bump crosstown rival Ford out of second place in the U.S. electric vehicle sales race.
April 4, 2023Tesla Pursues US Battery Plant With China’s CATL
Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China’s dominant electric vehicle battery manufacturer.
March 30, 2023NHTSA Opens Investigation Into Tesla Seat Belts Coming Loose
DETROIT — U.S. highway safety regulators have opened yet another investigation into problems with Teslas, this time tied to complaints that the seat belts may not hold people in a crash.
March 28, 2023Tesla Investors Lost $12 Billion After Musk Tweet, Experts Tell Jury
Tesla Inc. investors lost $12 billion over 10 days as a result of Elon Musk’s famous tweet in 2018 that he had “funding secured” to take the company private, a witness testified at a trial over the CEO’s liability.
Tesla Cuts Vehicle Prices in Bid to Boost Flagging Demand
DETROIT — With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically Jan. 13 on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest.
California Bill Says Tesla Can’t Call Cars ‘Full Self-Driving’
Starting in 2023, Tesla will effectively be banned from advertising its vehicles as Full Self-Driving in California under a new law signed by Gov. Gavin Newsom.
Elon Musk Tells Investors He’ll Pause on Tesla Stock Sales
Tesla CEO Elon Musk says he won’t sell any more shares in Tesla for 18 months or more, likely an attempt to comfort shareholders of the electric vehicle company who have watched the stock lose nearly half of its value since Musk’s purchase of Twitter went through in October.