Government, Business, Technology

Tesla CEO Musk Tells Newspaper He’s Cracking Under Stress

What do you do when your CEO confesses that he’s cracking under the stress of his job? That’s the question that the nine board members of electric car and solar panel maker Tesla Inc. must answer after Elon Musk, the company’s impulsive leader, admitted to The New York Times that work is rattling his nerves in what he described as the most “difficult and painful year of my career.”

Tom Krisher | Associated Press
August 17, 2018
Business, Technology, Fuel

Tesla Burns $739.5 Million in Cash on Way to Record 2Q Loss

Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars.

Tom Krisher | Associated Press
August 3, 2018
Business, Technology, Equipment, Autonomous

Lyft, Auto Parts Maker Magna Partner on Autonomous Vehicles

Ride-hailing company Lyft is joining with large Canadian auto parts supplier Magna to develop self-driving vehicles, sharing expenses on a multi-year project that could vault them onto the leader board in autonomous technology.

Tom Krisher | Associated Press
March 16, 2018