Business, Technology, Equipment, Fuel

Ford Unveils Electric Mustang SUV to Challenge Tesla Dominance

Electric Mustang SUV The Ford Motor Co. Mustang Mach-E GT electric sports utility vehicle is unveiled during a reveal event in Hawthorne, Calif. (Patrick T. Fallon/Bloomberg News)

Ford Motor Co. is reinventing one of its marquee models — the Mustang muscle car — as a battery-powered crossover to become a player in the electric-vehicle market that is expected to take off in the coming decade.

Keith Naughton | Bloomberg News
November 18, 2019
Business, Technology, Equipment

Elon Musk Schedules ‘Blade Runner’-Inspired Pickup Truck Unveiling for Nov. 21

Tesla Inc. Chief Executive Officer Elon Musk set a date for the debut of the electric-car maker’s first pickup and further tied the truck to the famous sci-fi movie that inspired its design.

Craig Trudell | Bloomberg News
November 6, 2019
Business, Technology, Fuel

Porsche, Tesla Compete on Electric Vehicle Speed

Porsche and Tesla compete on which company makes a faster electric car. A glass-effect badge sits on the rear of an all-electric Porsche AG Taycan Turbo S luxury automobile. (Michaela Handrek-Rehle/Bloomberg News)

First there was derision. Then mockery turned into admiration. Now a battle is unfolding between the most revered names in the automobile world, Porsche and Tesla Inc., on one of the world’s most challenging racetracks.

September 13, 2019
Business, Technology

Tesla’s ‘Low-Controversy Execution’ Earns Praise From Analyst

Tesla is quietly drawing some praise from analysts. A Tesla showroom. (David Paul Morris/Bloomberg News)

Tesla Inc.’s recent progress in a few key initiatives while showing increased efficiency in fulfilling its global order book — all in a relatively quiet manner — is music to the ears of one analyst.

Esha Dey | Bloomberg News
September 3, 2019
Business, Technology, Equipment, Safety, Autonomous

NTSB: Autopilot Was in Use Before Tesla Hit Semitrailer

Tesla A Tesla Model 3. (Patrick T. Fallon/Bloomberg News)

DETROIT — A Tesla Model 3 involved in a fatal crash with a semitrailer in Florida on March 1 was operating on the company’s semi-autonomous Autopilot system, federal investigators have determined.

Tom Krisher | Associated Press
May 17, 2019
Business, Technology, Autonomous

Tesla Reduces Model S, Model X Production Hours; Shares Drop

Tesla Tesla Model S (Justin Chin/Bloomberg News)

Tesla Inc. reduced the amount of hours it is producing Model S sedans and Model X crossovers, adding to concerns about demand for the electric-car maker’s higher-priced and more profitable vehicles. Shares dropped on the news.

Dana Hull and Josh Eidelson | Bloomberg News
January 23, 2019
Business, Technology

Tesla Adds Larry Ellison, Kathleen Wilson-Thompson to Board in SEC Deal

Ellison Larry Ellison (David Paul Morris/Bloomberg News)

Tesla Inc. added Larry Ellison and Kathleen Wilson-Thompson to its board, fulfilling the terms of the settlement reached with U.S. securities regulators over its CEO’s problematic posts about taking the company private.

Dana Hull | Bloomberg News
December 28, 2018
Business, Technology, Autonomous

Tesla CEO Elon Musk Is Getting Last Laugh on Wall Street

Elon Musk Musk (Susana Gonzalez/Bloomberg News)

It was only a few months ago that Wall Street was bashing Elon Musk’s Tesla Inc. Times have changed for the automaker and its mercurial CEO.

Esha Dey | Bloomberg News
December 12, 2018
Business, Technology, Autonomous

Tesla Bull Analyst Says Stock ‘No Longer Investable’

Tesla Chris Ratcliffe/Bloomberg News

Nomura Instinet analyst Romit Shah downgraded Tesla to neutral from buy in a note titled “No Longer Investable.” The note to clients starts by pointing out that previously he’s been one of the biggest bulls on the Street since initiating coverage last October.

Joe Weisenthal | Bloomberg News
September 11, 2018
Business, Technology, Equipment, Autonomous

Tesla’s RoboTaxi Worth a Fraction of Waymo, Morgan Stanley Says

RoboTaxi Musk (Susana Gonzalez/Bloomberg News)

Tesla has let more than a few investors down of late, and one part of the company hasn’t quite lived up to expectations at Morgan Stanley either.

Esha Dey | Bloomberg News
September 4, 2018