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Tesla delivers on Elon Musk's promise for a profitable quarter
Tesla shares spiked more than 13 percent in after-hours trading as Elon Musk made good on a promise to deliver profits from the company’s mass-market Model 3 sedan. The electric-car...
Tesla short sellers lose $1.1B on Citron change of heart
The sharp surge in Tesla share price on Tuesday slammed short sellers of the stock with $1.11 billion in losses for the day on paper, pushing their performance for the...
Short seller Citron switches to long position on Tesla shares
Tesla shares just got a boost from an unlikely source. Andrew Left, a noted short-seller and longtime Tesla bear, made a surprise Tuesday announcement that his hedge fund Citron Research...
'Cheaper' Tesla Model 3 nowhere near $35K promised
Tesla unveiled a new, cheaper version of its Model 3 sedan — but it still isn’t priced like the affordable, mass-market car that the company originally promised. Chief Executive Elon...
Tesla flags China tariff worries as Model 3 sales hit record
Tesla reported production numbers on its flagship Model 3 sedan, although it warned that new Chinese tariffs will crimp sales in Asia. The Silicon Valley-based electric-car maker, which, is struggling...
SEC reportedly began Tesla probe last year
Federal regulators began a probe into Tesla last year, according to a report in The Wall Street Journal. The Securities and Exchange Commission subpoenaed a Tesla parts supplier in an...
Tesla stock downgraded amid Model 3 order cancellations
If Elon Musk’s outbursts suggest a distracted if not disturbed man, an analyst’s report on Thursday seems likely to leave the Tesla CEO unhinged. The ratings downgrade by Needham’s Rajvindra...
Tesla won't reach Musk's production target, workers say
Elon Musk spent his 47th birthday on Thursday in Tesla’s California plant, prodding workers to hit his production target of 5,000 Model 3 autos this week. While the CEO has...
Elon Musk trash-talks Goldman Sachs over Model 3 production target
Tesla Chief Executive Elon Musk is a little touchy when it comes to questioning whether his company will meet his goal of producing 5,000 Model 3 autos a week. Musk,...
Consumer Reports changes its mind on Tesla Model 3
Consumer Reports on Wednesday did an about-face on its harsh review of the Tesla Model 3, saying it now recommends the mass-market sedan after a software update shortened its braking...
Tesla seeks to dismiss stock-fraud lawsuit over Model 3
Tesla has asked a court to dismiss a securities fraud lawsuit by shareholders who said the electric vehicle maker gave false public statements about the progress on producing its new...
Elon Musk says he'll fix Model 3 braking problem in a few days
Tesla chief executive Elon Musk admitted late Monday there was a braking issue with the Model 3 sedan, pointed out by Consumer Reports, and said it can be fixed with...
Consumer Reports won't recommend Tesla's Model 3
US consumer bible Consumer Reports stopped short of recommending Tesla’s Model 3 sedan on Monday, criticizing the car for its braking and taking the shine off a day of gains...
Tesla shares spike after Elon Musk reveals $78,000 Model 3
Tesla shares jumped more than 4 percent Monday after Elon Musk revealed a new, $78,000, souped-up version of the electric car maker’s mass-market Model 3 sedan. The fully loaded Model...
Model 3 production issues are burning through Tesla's cash
Tesla once again suffered stops and starts in missing its quarterly production goals for its flagship Model 3 sedan, but reassured investors that it was on pace to crank out...
Tesla will be working 'around the clock' on the Model 3
Tesla is aiming to ramp up production to 6,000 Model 3 cars per week by the end of June to reach its weekly goal of 5,000 and allow for a...
Tesla temporarily shuts down production of Model 3
Tesla has temporarily suspended its Model 3 assembly line in what the company said on Monday was a planned production pause, as the automaker continues to face challenges ramping up...
Elon Musk blames robots for delays on Tesla's Model 3
The problem with Tesla’s Model 3 assembly line? Too many robots. Elon Musk admitted that production snags for Tesla’s mass-market Model 3 electric car are partly the result of “excessive...
Tesla says it doesn't need cash as Model 3 output rises
Tesla quashed any speculation it might need to raise more capital this year on Tuesday, driving the company’s battered shares higher as it announced it built 2,020 of its cheaper...
Elon Musk takes over production for Tesla's Model 3
Elon Musk has reportedly taken over production of Tesla’s troubled Model 3 following reports that the electric car maker will miss first-quarter production goals for its flagship vehicle. Musk will...