Tesla

Elon Musk, Tesla found not liable in ‘funding secured’ tweet lawsuit

Elon Musk was found not liable in a class-action securities fraud trial that centered on the Tesla CEO’s now infamous “funding secured” tweet. After less than 90 minutes of deliberat

Tesla, Ford and GM win in EV tax credit change

A few more electric vehicle models now qualify for the federal EV tax credit, including GM’s Cadillac Lyric, the Ford Mustang Mach-E and Tesla’s five-seater Model Y, thanks to a change by

Ford left ‘$2B of profits on the table’ in 2022

Ford reported Thursday it earned $10.4 billion in net income last year, falling well below its own guidance and missing Wall Street’s expectations as the U.S. automaker struggled with supply cha

Tesla records $204M loss from bitcoin in 2022

Tesla recorded a $204 million impairment loss in 2022 on its bitcoin holdings, according to regulatory filings. The loss was offset by $64 million in profits from bitcoin trading, leaving the automake

DOJ requests Autopilot, FSD documents from Tesla

The U.S. Department of Justice has asked Tesla for documents related to its branded Full Self-Driving and Autopilot advanced driver-assistance systems, the automaker disclosed in a securities filing.

Ford discounts its all-electric Mustang Mach-E in response to Tesla’s EV price war

Ford said Monday it has increased production and cut the price of its all-electric Mustang Mach-E crossover, the latest automaker to join an EV price war started by Tesla. Ford Mustang Mach-E vehicles

Elon takes the stand, Akio Toyoda hands over the CEO keys and layoffs come for Waymo

It seems we can’t get through a week without discussing something related to Tesla. Much of the attention was directed at the class-action securities fraud trial in San Francisco.

Elon Musk is being investigated by the SEC for Tesla self-driving claims, report says

Tesla CEO Elon Musk is facing scrutiny by the U.S. Securities and Exchange Commission (SEC) regarding his specific comments and efforts to promote the automaker’s claims regarding its “sel

Tesla reports $24.3B revenue in the fourth quarter, beating Street estimates

Tesla just beat Wall Street revenue estimates for the fourth quarter of 2022. The company closed out Q4 with $24.3 billion in revenue, a 37% increase from the same quarter last year and a 13% bump qua

Tesla’s energy storage arm caps 2022 with ‘highest level’ of deployments ever

The growth keeps coming for Tesla’s energy storage business. On Wednesday, the automaker said its home and utility-scale battery deployments reached 6.5 gigawatt hours (GWh) during its fiscal 20

Big factories, big trucks and big Musk: Tesla Q4 earnings expectations

Tesla’s fourth-quarter and full-year 2022 earnings are upon us, and with it expectations from Wall Street for the electric vehicle maker to hit revenue for the quarter of $24.03 billion and adju

Tesla invests $3.6B in two new Nevada factories to build Semis and cells

Tesla is investing $3.6 billion into expanding its existing gigafactory in Nevada. Confirming White House reports from earlier today, the company said it will build two new production facilities in th

Musk said he could have funded a Tesla buyout with SpaceX shares

Elon Musk testified Monday that he was not only certain he’d have the backing from Saudi financiers to take Tesla private in 2018, but also that he could have sold enough shares of his rocket co

Zeekr goes on a hiring spree, Tesla kicks off a price war and Hesai files for an IPO

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Musk oversaw misleading 2016 video saying Tesla drove itself

Tesla CEO Elon Musk oversaw a 2016 video that overstated the capabilities of the automaker’s driver assistance system, Autopilot, according to internal emails viewed by Bloomberg. The emails sho

Musk stands to lose billions in trial over ‘funding secured’ tweet

The question of whether Tesla CEO Elon Musk is a fraud or is just too careless with his words took center stage in a San Francisco court room Wednesday. Under the microscope was Musk’s notorious 201

Tesla engineer testifies that 2016 video promoting self-driving was faked

Tesla faked a 2016 video promoting its self-driving technology, according to testimony by a senior engineer reviewed by Reuters. The video, which shows a Tesla Model X driving on urban, suburban and h

Uber drivers in Europe gain access to Tesla, Polestar and other EVs through Hertz

Uber has expanded an agreement with Hertz to get thousands of ride-hailing drivers behind the wheel of an electric car — this time in Europe. The two companies announced that Hertz will make up to 2

Tesla rolls into a pressure cooker, Paris mulls its scooter future, and the double SPAC arrives

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Tesla keeps slashing prices, this time by as much as 20%

Tesla has once again lowered prices of its EVs — this time for U.S. buyers — as the automaker scrambles to shore up demand. This is at least the fourth time the automaker has discounted its vehicl
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