Tesla

Investors Query Funding Costs At A Private Tesla

Reuters | Saturday August 18, 2018

Tesla Inc shareholders are concerned that the electric car maker will have to pay more to fund its growth if it becomes a private company and loses the ability to sell new shares to stock market investors.

Tesla Could Make a $25,000 Electric Car in 3 Years: Elon Musk

IANS | Saturday August 18, 2018

Elon Musk said to Marques Brownlee if Tesla works really hard, it may be able to create a $25,000 car in three years.

Tesla's Ex-Employee Alleges Company's Staff Involved in Drug Trafficking

ANI | Saturday August 18, 2018

A former Tesla security worker said employees at the Nevada Gigafactory were involved in trafficking "significant quantities of cocaine and possibly crystal methamphetamine" for a Mexico-based cartel.

Tesla Shares Slump Over Elon Musk Interview Admitting Work Stress

Reuters | Saturday August 18, 2018

Investors also were worried about reports that regulators were pressuring Tesla's directors for details about how much information he shared with them.

As Elon Musk Admits to Work Stress, Tesla Board May Be Compelled to Act

Associated Press | Saturday August 18, 2018

Tesla board may have to remove Elon Musk as CEO, permanently or via a temporary leave of absence, or appoint a No. 2 executive who could act as a steadying hand.

"Painful Year": Tesla Shares Fall After Elon Musk Interview Sparks Fears

World News | Agence France-Presse | Saturday August 18, 2018

Tesla shares took a pounding Friday amid fresh fears about the future of the electric carmaker after a wide-ranging interview with chief executive Elon Musk in which he revealed his struggles with exhaustion and a lengthy but unsuccessful effort to find a number two executive.

Musk's SpaceX Could Help Fund Take-Private Deal for Tesla: Report

Reuters | Friday August 17, 2018

Elon Musk's rocket company, SpaceX, could help fund a bid to take electric car company Tesla private, the New York Times reported on Thursday.

Elon Musk Admits Exhaustion As Tweet Storm Deepens

World News | Agence France-Presse | Friday August 17, 2018

Entrepreneur Elon Musk has acknowledged exhaustion from overwork, as he deals with a reported probe by regulators into a plan divulged on Twitter to take his auto company Tesla private.

Tesla CEO Elon Musk Says Stress, Overwork Taking Heavy Toll

Associated Press | Friday August 17, 2018

Musk admitted to The New York Times that stress is taking a heavy toll on him personally in what he calls an "excruciating" year.

Tesla Sues Ontario Over Cancelled Electric Vehicle Rebate

Reuters | Friday August 17, 2018

Tesla is taking the Ontario government to court over the Canadian province's cancellation of an electric vehicle incentive program.

Tesla Whistleblower Accuses Carmaker of Spying on Employees at Gigafactory

Reuters | Friday August 17, 2018

The whistleblower also said Tesla failed to act after learning that a Mexican cartel may be dealing drugs inside the plant.

Tesla Sues Ontario Over Canceled Electric Vehicle Rebate

Reuters | Friday August 17, 2018

Electric vehicle-maker Tesla Inc is taking the Ontario government to court over the Canadian province's cancellation of an electric vehicle incentive program.

Tesla On Track To Make 8,000 Model 3s Per Week

Reuters | Friday August 17, 2018

Tesla Inc is on its way to make 8,000 Model 3 cars per week even as it burns more cash.

Fired Tesla Employee Accuses Company Of Spying On Staff In Nevada Factory

World News | Reuters | Friday August 17, 2018

An employee fired from Tesla Inc's Nevada battery factory filed a whistleblower complaint with the US Securities and Exchange Commission, accusing the company of spying on employees and failing to act after learning that a Mexican cartel may be dealing drugs inside the plant, his attorney said on Thursday.

Tesla Sent Subpoenas by US SEC Over CEO Elon Musk's Buyout Plans: Report

Reuters | Thursday August 16, 2018

US government regulators have subpoenaed Tesla as they dig deeper into CEO Elon Musk's recent disclosure about a potential buyout of the electric carmaker.