Business, Technology, Autonomous

Elon Musk Considers Taking Tesla Private

Tesla private Susana Gonzalez/Bloomberg News

Elon Musk said he’s considering taking Tesla Inc. private in a radical step that would ease pressure on the money-losing automaker.

August 8, 2018
Business, Technology, Fuel

Tesla Burns $739.5 Million in Cash on Way to Record 2Q Loss

Tesla closeup (David Zalubowski/AP)

Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars.

Tom Krisher | Associated Press
August 3, 2018
Business, Technology, Equipment, Fuel, Top 100

Israeli Entrepreneur Races Tesla to Get Electric Trucks on Road

Tevva Motors Ltd.

Tevva Motors Ltd., headed by a former Israeli submariner who’s vying with Elon Musk’s Tesla Inc. to develop electric-powered trucks, secured a major investment that will enable it to put the vehicles on the road this year.

Matthew Kalman | Bloomberg News
June 19, 2018
Business, Technology, Equipment

With Promised Semi on the Horizon, Tesla Cuts 9% of Workforce

Jasper Juinen/Bloomberg News

Electric car maker Tesla Inc. is laying off about 3,600 workers mainly from its salaried ranks as it slashes costs in an effort to deliver on CEO Elon Musk’s promise to turn a profit in the second half of the year.

June 12, 2018
Business, Technology, Fuel

German Electric Carmakers Pose Threat to Tesla

Jaguar Land Rover I-Pace Jaguar Land Rover I-Pace by SeongJoon Cho/Bloomberg News

Major German carmakers are rolling out stylish, sporty electric vehicles in the mold of Tesla's Models S, X and 3. Unlike Tesla, they have roughly a century of experience launching models every few months and can spread development costs across a broad portfolio.

Elisabeth Behrmann | Bloomberg News
May 2, 2018
Business, Technology, Fuel

City Furniture Orders Five Tesla Semis

Tesla semi Tesla Semi by Alexis Georgeson/Tesla Motors

City Furniture preordered five Tesla Semis, the electric-powered Class 8 truck that has received orders from such firms as DHL Supply Chain, FedEx Corp., J.B. Hunt Transport Services, UPS Inc. and Walmart Inc.

April 30, 2018
Business, Technology, Equipment, Autonomous

Tesla Autopilot Chief Jim Keller Latest Executive to Leave Company

Alex Kraus/ Bloomberg News

Tesla Inc.’s Autopilot chief, Jim Keller, has left the company, the latest in a rash of executive departures at the electric-car maker led by CEO Elon Musk.

Dana Hull | Bloomberg News
April 26, 2018
Business, Technology, Equipment

FedEx Orders 20 Tesla Semis

Tesla CEO Elon Musk with Semi electric truck Tesla CEO Elon Musk unveiled the Semi electric truck in November. (Tesla)

FedEx Corp has ordered 20 of the Tesla Semi electric trucks for its FedEx Freight less-than-truckload unit.

March 27, 2018
Business, Technology, Equipment, Logistics

XPO, DHL Back Tesla Semi

Tesla Semi Tesla Motors

Logistics firms are joining trucking companies in checking out the potential for the Tesla Semi, with at least two testing prototypes of the electric truck.

Burney Simpson | Staff Reporter
January 4, 2018
Business, Technology, Equipment, Autonomous

This Electric Truck Will Probably Beat Tesla’s to Market

Working at his family’s businesses, a military-electronics supplier and a vineyard, helped lead Semler to electric trucks. Angie Smith/Bloomberg News

On the evening of Nov. 16, Elon Musk unveiled the latest prop in his Tony Stark cosplay. Tesla Inc.’s all-electric semi rig met all the classic Musk product launch criteria: It looked stunning, had unprecedented performance numbers, included features straight out of science fiction, and would arrive at some unknown date at a too-good-to-be-true price from a still-to-be-built assembly line.

Ashlee Vance | Bloomberg News
December 13, 2017