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
Business, Technology, Fuel, Top 100

Tesla Class 8 Prototype Crosses Country, Stops at Ruan

Tesla Semi Tesla Semi (Alexis Georgeson/Tesla Motors)

Officials at transportation service company Ruan got a chance to see Tesla Inc.’s prototype battery-electric heavy-duty truck, which toured the country recently, stopping at some carriers that have placed orders for the truck that is scheduled for fleet testing in 2019.

Roger Gilroy | Staff Reporter
September 4, 2018
Business, Technology, Fuel, Autonomous

Tesla’s Cobalt-Light Batteries Seen Providing Cost Advantage

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

Tesla Inc.’s lead in battery technology gives it a cost advantage that may last for several years and help the U.S. electric-car maker face down an onslaught of new competition, according to new research from Bloomberg.

Anthony Palazzo | Bloomberg News
September 4, 2018

Tesla Holders Brace for Market’s Verdict on Musk’s Brazen Pivot

Elon Musk Elon Musk at a news conference this year. (Kiichiro Sato/Associated Press).

Elon Musk’s stunning tweet that he wanted to take Tesla Inc. private and had funding secured was a classic Musk moonshot — given credibility only by the sense that if anyone could possibly pull such a brazen feat, he was the guy.

Bloomberg News
August 27, 2018
Business, Equipment

Elon Musk Hires Morgan Stanley to Potentially Help Take Tesla Private

Elon Musk Elon Musk by Kiichiro Sato/Associated Press

Elon Musk has hired Morgan Stanley to assist him in his potential bid to take Tesla Inc. private, according to a person familiar with the matter.

By Dana Hull and Sonali Basak | Bloomberg News
August 23, 2018
Government, Business, Technology

Tesla CEO Musk Tells Newspaper He’s Cracking Under Stress

Elon Musk Tesla CEO Elon Musk. (Jack Plunkett/AP)

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 | AP Auto Writer
August 17, 2018
Business, Technology

Tesla CEO Elon Musk Says ‘Funding Secured’ Tweet Followed Meeting With Saudis

Tesla closeup AP

Tesla’s Elon Musk said in a blog post he reported the funding was secured for a go-private transaction after meeting with the Saudi Arabian sovereign wealth fund July 31, after the Saudi fund bought almost 5% of Tesla stock.

Polina Noskova | Bloomberg News
August 13, 2018