Business, Technology, Autonomous

Tesla Secures Land in Shanghai for First Foreign Factory

Elon Musk Tesla CEO, Elon Musk. (Marcio Jose Sanchez/Associated Press)

BEIJING — Electric auto brand Tesla Inc. said it signed an agreement Oct. 17 to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S.-Chinese trade tensions.

Joe McDonald | Associated Press
October 17, 2018
Business, Technology, Autonomous

Tesla Model 3 Output Tops 100,000 in Milestone for Musk

Tesla model 3 sedan Patrick T. Fallon/Bloomberg News

Tesla Inc. just reached a significant round-number milestone: 100,000 Model 3 electric cars have left the factory, according to the latest estimates from the Bloomberg tracker.

Tom Randall | Bloomberg News
October 12, 2018
Government, Business, Technology, Fuel

Tesla’s Elon Musk Out as Chairman, Stays as CEO in SEC Settlement

Tesla's Elon Musk Tesla's Elon Musk (Patrick T. Fallon/Bloomberg News)

Elon Musk will give up the role of Tesla Inc. chairman and pay a $20 million penalty to settle fraud charges brought by the U.S. over his claims about taking the company private.

Dana Hull and Ben Bain | Bloomberg News
September 29, 2018
Government, Business, Technology

Tesla Tumbles Most Since 2015 on Worry About a Musk-Free Future

Elon Musk Carla Gottgens/Bloomberg News

It is nearly impossible to imagine Tesla Inc. without Elon Musk, its chairman, CEO, largest shareholder and public face. But a U.S. Securities and Exchange Commission lawsuit has raised questions about the executive’s future at the clean-energy company, sending shares spiraling.

Dana Hull Keith Naughton and David Welch | Bloomberg News
September 28, 2018
Government, Business, Technology

SEC Sues Tesla CEO Elon Musk, Accusing Him of Misleading Investors

Elon Musk David Calvert/Bloomberg News

Tesla Inc. CEO Elon Musk was accused by the Securities and Exchange Commission of misleading investors when he tweeted that he had funding lined up to take the company private.

Matt Robinson and Joshua Fineman | Bloomberg News
September 27, 2018
Business, Technology, Equipment, TCA

Musk Says Tesla Delivery Delays Traced to Trailer Shortage

Tesla model 3 sedan 2018 Tesla Model 3 sedans sit on display outside a Tesla showroom in Littleton, Colo. (David Zalubowski/Associated Press)

Elon Musk says an “extreme shortage” of car carrier trailers is partly to blame for Tesla’s delivery woes. That has trucking industry executives and analysts scratching their heads.

Russ Mitchell | Los Angeles Times
September 26, 2018
Business, Technology

Tesla Criminal Probe Into Musk Tweet Seen as Opening Pandora’s Box

Tesla sign outside a dealership Stefan Wermuth/Bloomberg News

All it took to draw the U.S. Justice Department into investigating Tesla Inc. was a single tweet by Chairman Elon Musk. But now that prosecutors have a toehold, they can dig in to look for other signs of misconduct at the electric car maker.

Tom Schoenberg and Matt Robinson | Bloomberg News
September 19, 2018
Government, Business, Technology

Tesla Is Target of Criminal Investigation

Tesla closeup AP

Tesla Inc. is under investigation by the Justice Department over public statements made by the company and CEO Elon Musk, according to two people familiar with the matter. The criminal probe is running alongside a previously reported civil inquiry by securities regulators.

Tom Schoenberg and Matt Robinson | Bloomberg News
September 18, 2018
Business, Technology, Fuel

Tesla Erupts in Chaos After Senior Executives Leave, Musk Tokes Up

Tesla building Jasper Juinen/Bloomberg News

The turmoil at Tesla Inc. reached a fever pitch, as the news that two senior executives are leaving Elon Musk’s electric-car maker emerged just hours after he smoked marijuana during an hours-long interview streamed live online.

Dana Hull | Bloomberg News
September 7, 2018
Government, Business, Technology, Safety, Autonomous

Utah Driver Sues Tesla After Crashing in Autopilot Mode

Damaged Tesla and firetruck A May 11 collision involving a Tesla Model S sedan with a fire department mechanic truck stopped at a red light in South Jordan, Utah. (South Jordan Police Department via AP)

SALT LAKE CITY — A Utah driver who slammed her Tesla into a stopped firetruck at a red light earlier this year while using the vehicle’s semi-autonomous function has sued the company, saying salespeople told her the car would stop on its own in Autopilot mode if something were in its path.

Brady McCombs | Associated Press
September 6, 2018