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Tesla cruises past estimates, reports electrifying quarter
Electric-car maker Tesla on Monday beat Wall Street expectations for second-quarter profit and revenue as record deliveries offset the impact of a prolonged global shortage of chips and raw materials. Shares of...
Tesla drops radar from lower-priced cars amid 'self-driving' scrutiny
Tesla said it is dropping radar systems in its lower-priced electric cars in favor of cameras and other AI equipment — even as the company faces growing scrutiny over its...
Tesla prices secondary stock offering at discounted $767 a share
Tesla’s stock is in Ludicrous Mode — and the company just cashed in. The electric automaker said Friday it has priced its secondary stock offering at $767 a share —...
Tesla stock soars 20 percent after analysts boost price target
Elon Musk’s Tesla party just won’t quit. The electric-car maker’s already surging stock rose another 20 percent on Monday after Panasonic said that the car-battery factory it runs with Tesla...
Tesla delivers strong earnings, says Model Y SUV is on the way
Tesla’s eye-popping stock surge is starting to look like the real deal. All eyes were on Elon Musk’s electric automaker on Wednesday as the company reported fourth-quarter earnings on the...
Tesla worker pops the question as company delivers first Chinese cars
Tesla delivered its first Chinese-made sedans to 15 lucky employees Monday — including one who proposed to his girlfriend on the factory floor.
Tesla starts selling China-made Model 3 with autopilot function
Tesla on Friday started selling its China-made Model 3 with an autopilot function priced from 355,800 yuan ($50,310), making it the company’s cheapest model on sale in the country, the...
Tesla's Model 3 earns insurance industry's top safety rating
Tesla's Model 3 electric sedan has earned the top safety rating from the Insurance Institute of Highway Safety (IIHS), becoming the first Tesla to do so. The IIHS has given the...
Elon Musk to buy more Tesla stock in upsized capital raise
Tesla on Friday was set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped up a mix of new stock and...
Tesla to issue more than $2 billion in debt to fund expansion
Tesla launched issues of new shares and debt worth more than $2 billion Thursday, with chief executive Elon Musk pitching in $10 million as the electric car maker gave in...
Musk suggests capital infusion after projected $700M loss
Tesla Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric-vehicle maker posted a first-quarter loss of $700 million and predicted a return to...
Tesla shares plunge as car deliveries drop more than expected
Tesla shares fell 11 percent on Thursday after a bigger-than-expected drop in first-quarter deliveries, led by waning demand for its luxury Model S and X vehicles, added to worries about...
Tesla is finally selling a car for $35,000
Yes, it’s nearly three years after Elon Musk promised it, but now you can finally order a Tesla for $35,000. Tesla on Thursday unveiled a “Standard Range” Model 3 sedan...
Consumer Reports yanks its Tesla Model 3 recommendation
Consumer Reports on Thursday pulled a recommendation for Tesla Inc’s Model 3, citing reliability problems, and the influential U.S. magazine turned up the pressure on other automakers to include crash-avoiding...
Tesla cuts price of Model 3 — but not to $35K
Tesla has cut the starting price of its Model 3 sedan by more than $1,000, bringing it closer to its long-fabled $35,000 price tag. In a tweet at 2 a.m....
Tesla to cut workforce again, shares tumble 13 percent
There will be blood at Tesla — and it’s all so you can finally afford one. Shares of the electric car maker tanked 13 percent Friday after its boss Elon...
More than 3,000 Tesla Model 3s left in US inventory: report
Tesla had over 3,000 Model 3s left in inventory in the US as of Sunday, automotive news website Electrek reported on Monday, citing people familiar with the matter. The electric-car...
Elon Musk: Tesla nearly went bankrupt
Tesla’s financial woes earlier this year were so severe that the electric-car maker was only weeks away from “death,” according to Chief Executive Elon Musk. The South African-born billionaire revealed...
Tesla says it got SEC subpoena about Model 3 production numbers
Tesla on Friday was hit with a subpoena by the Securities and Exchange Commission, which is probing projections the electric carmaker made for Model 3 production rates last year. The...
Tesla faces FBI probe over Model 3 numbers
The FBI is reviewing Tesla’s Model 3 production numbers as a part of a deepening criminal probe into the company, according to a report. Agents are investigating whether Tesla misled...