Elon Musk

Business, Technology

Tesla Bears Pile On as Citi Is Latest to Lower Target

Tesla A trailer full of Teslas preparing to be transported. (Spencer Platt/Bloomberg News)

Another analyst is cutting his price target for Tesla Inc. after the electric car maker on May 21 fell to the lowest since December 2016.

Felice Maranz | Bloomberg News
May 22, 2019
Government, Business, Technology

Tesla Shares Breach $200 as Analyst Says CEO Elon Musk Faces a ‘Code Red’

Tesla David Paul Morris/Bloomberg News

Tesla Inc. shares plunged below $200 for the first time in more than two years on concerns the carmaker faces a “Kilimanjaro-like uphill climb” to hit profitability goals in the second half of the year.

Dana Hull | Bloomberg News
May 20, 2019
Business, Technology, Autonomous

Autonomous Tech Could Make Tesla $500 Billion Company, CEO Elon Musk Says

Tesla Tesla CEO Elon Musk (Patrick T. Fallon/Bloomberg News)

Elon Musk described autonomous-driving technology as “transformative” to Tesla Inc. in a call aimed at ginning up interest in the electric-car maker’s debt and stock offering of about $2 billion, according to two people who dialed in.

Dana Hull | Bloomberg News
May 3, 2019
Business, Technology

Tesla Raises $2.35 Billion in Boosted Debt, Stock Offerings

Tesla Chris Ratcliffe/Bloomberg News

Tesla Inc. raised $2.35 billion through debt and stock offerings that expanded from the company’s initial plans, helping to put some near-term liquidity fears to rest.

Molly Smith and Dana Hull | Bloomberg News
May 3, 2019
Business, Technology

Tesla to Raise $2 Billion to Counter Cash Drain

Tesla Patrick T. Fallon/Bloomberg News

Tesla Inc. plans to raise about $2 billion through debt and stock offerings, after CEO Elon Musk overestimated the ability of the Model 3 sedan to generate enough cash for the company to be self-sustaining.

Molly Smith and Dana Hull | Bloomberg News
May 2, 2019
Government, Business, Technology, Logistics

Shanghai Tesla Factory Key to CEO Elon Musk’s Ambitions

Tesla A significant amount of progress has been made on Tesla's new factory in China. (Qilai Shen/Bloomberg News)

Three months after groundbreaking, Tesla Inc. is rushing to complete its multibillion-dollar factory on the outskirts of Shanghai to capitalize on growing demand in the world’s largest electric car market.

Ville Heiskanen | Bloomberg News
April 29, 2019
Business, Technology, Safety, Autonomous

CEO Elon Musk Makes Self-Driving Technology Tesla’s Costly New Calling

Tesla A look at the technology outfitted in a Tesla vehicle. (David Paul Morris/Bloomberg News)

Tesla Inc.’s calling used to be bringing affordable electric cars to the masses. Elon Musk is now ripping up the script, vowing to pair self-driving technology with a sharing service that will make it crazy for consumers to buy other cars.

Dana Hull | Bloomberg News
April 23, 2019
Business, Technology, Autonomous

Tesla Gears Up for Driverless Cars in 2020 Amid Skepticism

Tesla SeongJoon Cho/Bloomberg News

SAN FRANCISCO — Tesla CEO Elon Musk appears poised to transform the company’s electric cars into driverless vehicles in a risky bid to realize a bold vision that he has been floating for years.

Michael Liedtke and Tom Krisher | Associated Press
April 22, 2019
Government, Business, Fuel

Tesla’s Elon Musk, SEC Get More Time to Solve Spat Over Tweets

Elon Musk Elon Musk arrives at federal court in New York on April 4. (Bloomberg News)

In a joint letter to U.S. District Judge Alison Nathan, Tesla Inc.’s top executive and the securities regulator said they haven’t been able to resolve a legal dispute over how Musk posts news about his electric-car company. The judge agreed and gave them until April 25.

Bob Van Voris and Matt Robinson | Bloomberg News
April 19, 2019
Business, Technology

Tesla’s Elon Musk Blames Panasonic Battery Lines for Low Model 3 Output

Tesla Odin Jaeger/Bloomberg News

Tesla Inc. CEO Elon Musk said Panasonic Corp. cell lines at the electric-car maker’s Nevada battery factory have been holding up production of its Model 3 sedans.

Craig Trudell and Pavel Alpeyev | Bloomberg News
April 15, 2019