Tesla News
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Elon Musk says he’s not stepping down as Tesla CEODuring Tuesday's meeting, Elon Musk cautioned that the next 12 months could be challenging for the Austin-based company, largely because of rising interest rates.WorldMay 17, 2023
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Tesla requests $330M more in tax breaks over new facility expansion in NevadaThe new expansion of the Nevada facility is the product of a 2014 deal for when the company first came to the area on the promise of new jobs and major investments in the area.U.S. NewsFeb 27, 2023
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Elon Musk did not deceive Tesla shareholders with 2018 tweets, jury rulesThe verdict by the nine jurors was reached after less that two hours of deliberation following a three-week trial and represents a major vindication for Musk.TechFeb 3, 2023
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Elon Musk portrayed as a liar, visionary in Tesla trial over 2018 tweetsLawyers on opposing sides drew the starkly different portraits of Elon Musk for a nine-person jury that will hear the three-week trial.U.S. NewsJan 19, 2023
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Elon Musk, Tesla face trial in shareholder case over 2018 tweetsInvestors sued in August 2018, shortly after Elon Musk posted on Twitter that he was considering taking Tesla private at US$420 per share. "Funding secured," he said.WorldJan 17, 2023
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Tesla’s stock drops to start the year over weak demand worriesThe latest Tesla slide came after the world's most valuable automaker missed estimates for fourth-quarter deliveries despite shipping a record number of vehicles.MoneyJan 3, 2023
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Elon Musk details Tesla staff cuts in anticipation of U.S. economic slideIn an email on June 2, seen by Reuters, Elon Musk told Tesla executives he had a "super bad feeling" about the economy and that the company needed to cut staff.WorldJun 21, 2022
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Elon Musk’s Twitter deal threats putting new financing on ice, sources sayElon Musk has threatened to walk away from Twitter unless it backs up its estimate that false or spam accounts comprise less than five per cent of its user base.WorldJun 7, 2022
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Over 750 Tesla owners in the U.S. have complained about cars braking for no reasonThe National Highway Traffic Safety Administration (NHTSA) has received more than 750 complaints from Tesla owners that their car stopped on roadways for no apparent reason.TechJun 3, 2022
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Elon Musk needs to cut 10% of Tesla jobs due to ‘super bad’ feeling about economyElon Musk, the world's richest man according to Forbes, did not elaborate on the reasons for his "super bad feeling" about the economic outlook in the brief email seen by Reuters.WorldJun 3, 2022
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