Government, Business, Technology, Fuel, Autonomous

Tesla Stock Teeters as Elon Musk Girds for Another Legal Battle

Tesla bulls rejoiced when Elon Musk sought to terminate his agreement to buy Twitter. That initial relief has given way to realization the hangover from this ordeal won’t lift anytime soon.

Dana Hull | Bloomberg News
July 13, 2022
Business, Fuel, Autonomous

Laid-Off Workers Claim Tesla Violated WARN Act in Suit

Tesla Inc. was sued by some former employees who claim the company’s decision to lay off about 10% of its workforce violated federal law by failing to provide the required advance notice for the job cuts.

Dana Hull | Bloomberg News
June 20, 2022
Business, Autonomous

Musk’s Tesla Stock Sales Double to $8.5 Billion in Latest Tally

Elon Musk disclosed an additional $4.5 billion worth of Tesla Inc. stock sales in new regulatory filings April 29, bringing the total he’s disposed of in the wake of his deal to buy Twitter Inc. to more than $8.5 billion.

Dana Hull | Bloomberg News
April 29, 2022

Amazon in Pact for Potential Stake in Sensor Maker Velodyne

Velodyne Lidar Inc. shares more than doubled in late trading Feb. 7 after Inc. acquired warrants that could lead to a stake in the auto-sensor maker.

Dana Hull | Bloomberg News
February 8, 2022
Business, Technology, Fuel, Autonomous

Subscription Service Delivers a Tesla to Californians in 10 Minutes

For California drivers who dream of cruising around in a Tesla but can’t afford one — or just have commitment issues — there’s a new option.

Dana Hull | Bloomberg News
January 20, 2022
Business, Technology, Fuel, Autonomous

Tesla Rumor Mill Misfires, Exasperates Even Elon Musk

Steel Dynamics, a Fort Wayne, Ind.-based steel producer, has gotten all sorts of attention lately from Tesla fans and followers. This has been entirely unfounded, and is one of several examples of the narrative around the Elon Musk-led company getting ahead of reality recently.

Dana Hull | Bloomberg News
January 19, 2022
Business, Technology, Logistics, Autonomous

Tesla Is Building a New Battery Factory in California

A California mayor said Tesla Inc. broke ground in his city on what it calls a new “Megafactory,” praising the planned facility in a Facebook post that was deleted and is now visible again.

Dana Hull | Bloomberg News
September 23, 2021

Tesla Tops Forecasts, But Delays Semi Production to 2022

Tesla Inc. reported better-than-expected second-quarter earnings, buoyed by strong demand for its electric vehicles as it suggested deliveries this year may exceed its longer-term projections for 50% growth. But it is delaying production on its electric heavy-duty Semi truck until 2022.

Dana Hull | Bloomberg News
July 26, 2021
Business, Technology, Fuel

Tesla Delivers Record 201,250 Cars in Second Quarter

Tesla Inc. delivered 201,250 cars worldwide in the second quarter, a record for the electric-car maker led by CEO Elon Musk.

Dana Hull | Bloomberg News
July 2, 2021
Business, Technology, Autonomous

Tesla Phases Out Radar Sensors, Shifts to Camera-Based Autopilot

Tesla Inc. updated its website May 25 to announce that Model 3 and Model Y cars built for North America and shipping this month no longer will be equipped with radar.

Dana Hull | Bloomberg News
May 26, 2021