Tesla Factory in Texas Makes Quick Progress
Construction of the planned Tesla factory in southeastern Travis County, Texas, has been proceeding so fast that watching it take shape is practically a spectator sport.
Tesla Hits $500 Billion Mark; Musk Overtakes Gates
Tesla Inc. is smashing through records as its impending addition to the S&P 500 Index has sparked a buying frenzy among investors, pushing the company’s market valuation over the $500 billion mark for the first time on Nov. 24.
Tesla Gets Green Light for S&P 500 Inclusion
Tesla Inc., Elon Musk’s 17-year-old upstart carmaker, took a giant step toward blue-chip respectability, getting named to one of the world’s most famous stock indexes in an action that will greatly broaden its investor base.
Top Electric-Car Battery Maker Wins Approval for Company Split
South Korea’s LG Chem Ltd. won shareholder approval to hive off its superstar battery business, with investors betting the division has a better chance to thrive as a stand-alone entity.
Elon Musk Cruises to $11.8 Billion Haul, Is Now World’s Fourth-Richest Person
Tesla Inc.’s Elon Musk collected the fourth tranche of his moonshot award this month, bringing his aggregate haul to $11.8 billion.
Tesla Is Recalling About 30,000 Imported Vehicles in China
Tesla Inc. is recalling about 30,000 imported Model S and Model X vehicles in China because of suspension problems, a setback for the U.S. electric-car maker just as it faces intensifying competition in the world’s largest auto market.
October 23, 2020Tesla to Start Exporting China-Made Model 3 Cars to Europe
Tesla Inc. will start exporting Model 3 cars made at its gigafactory on the outskirts of Shanghai to Europe later this month, the automaker said in a statement sent via WeChat.
October 19, 2020Tesla Inches Near Annual Goal With Record Sales in Quarter
Tesla Inc. delivered a record number of cars worldwide in the third quarter, smashing analysts’ estimates and maintaining its dominance in electric-vehicle sales — making a difficult year-end sales goal slightly more attainable.
Tesla’s $25,000 Car Doesn’t Worry Biggest Rivals in China
Tesla Inc.’s plan to build a $25,000 car within the next three years doesn’t seem to have fazed China’s most-promising electric vehicle startups, with executives at the Beijing Auto Show saying Elon Musk can bring it on.
September 28, 2020Elon Musk Says Tesla Plans $25,000 Autonomous EV in 3 Years
Tesla Inc. plans to manufacture a car that will cost $25,000 in about three years’ time, fulfilling an elusive long-term objective to sell a cheap mass-market electric vehicle, Chief Executive Officer Elon Musk said Sept. 22.