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U.S. asks Tesla to recall 158,000 vehicles for touchscreen failures

David Shepardson, Reuters
Updated as of Jan 14 08:15 AM

WASHINGTON - The National Highway Traffic Safety Administration (NHTSA) on Wednesday asked Tesla Inc to recall 158,000 Model S and Model X vehicles over media control unit failures that could pose safety risks by leading to touchscreen displays not working. Read more »

Tesla market value crosses $800 billion for the first time

Reuters
Posted at Jan 08 11:18 PM

Shares of Tesla Inc jumped 4.9% on Friday, taking the electric-car maker's market capitalization to more than $800 billion for the first time ever.   Read more »

Tesla's stock market value tops Facebook's in huge trading

Noel Randewich, Reuters
Updated as of Jan 08 08:49 AM

Shares of Tesla surged to a record high in heavy trading on Thursday, with the electric car maker's stock market value exceeding Facebook's for the first time. Read more »

Elon Musk leaves behind Amazon's Bezos to become world's richest person: Bloomberg News

Reuters
Updated as of Jan 08 08:26 AM

Tesla Inc chief and billionaire entrepreneur Elon Musk surpassed Amazon.com Inc's top boss Jeff Bezos to become the world's richest man, Bloomberg News reported on Thursday. Read more »

Tesla market value tops $700 billion for first time

Agence France-Presse
Posted at Jan 07 09:57 AM

The latest surge means the company is worth more than General Motors, Ford, Toyota, Honda, Fiat Chrysler and Volkswagen combined.   Read more »

Tesla 2020 deliveries beat estimates, but fall just short of Musk's target

Reuters
Posted at Jan 04 12:34 AM

Tesla Inc reported better-than-expected 2020 vehicle deliveries, driven by a steady rise in electric vehicle adoption, but narrowly missed its ambitious full-year goal during a punishing year for the global auto industry.  Read more »

Ssslow down! Sleeping snakes stall Tesla's German gigafactory

Reuters
Posted at Dec 08 08:21 PM

A German court has told the US billionaire's electric vehicle company Tesla to suspend clearing of a forest at the site of the proposed factory after environmentalists said that cutting down more trees could endanger hibernating snakes. Read more »

Tesla could widen release of 'self-driving' software in two weeks

Reuters
Posted at Nov 28 12:28 PM

Tesla Inc Chief Executive Officer Elon Musk said on Friday there will probably be a wider roll out of a new "Full Self Driving" software update in two weeks.   Read more »

Tesla set to breach $500 billion market value, Musk now centibillionaire

Reuters
Posted at Nov 24 08:13 PM

Tesla Inc was set to breach $500 billion in market value on Tuesday, as its shares extended a meteoric rally that has seen the stock gain more than six times this year.   Read more »

Tesla value set to jump $40 billion as S&P 500 beckons

Reuters
Posted at Nov 17 08:50 PM

If the pre-market gains hold, Tesla's own value will top $440 billion, more than the S&P gained on Monday after news emerged of successful COVID-19 vaccine trial data from Moderna Inc.   Read more »

Tesla launches $250 tequila online, quickly 'out of stock'

Reuters
Posted at Nov 07 08:13 AM

MEXICO CITY— Tesla Inc on Thursday launched its own brand of tequila on the electric car maker's website, making good on a promise by CEO Elon Musk with a $250-per-bottle experience that was unavailable within hours of the product's lift-off. Read more »

Tesla's quarterly report could land Musk another $3 billion

Noel Randewich, Reuters
Posted at Oct 07 05:37 AM

The electric car maker on Tuesday saw the six-month average of its stock market value hit $250 billion, a milestone toward triggering the fourth of 12 tranches of options to buy Tesla stock at a discount, granted to the billionaire in his 2018 pay package. Read more »

Tesla reports big jump in car deliveries in 3Q

Agence France-Presse
Posted at Oct 03 04:23 AM

NEW YORK - Tesla delivered 139,300 autos in the third quarter, topping analyst estimates, according to figures released Friday by the electric car company. Read more »

Electrified by Tesla, Chinese startups are on the charge

Norihiko Shirouzu, Reuters
Posted at Sep 25 12:55 PM

China's electric vehicle startups are on the charge again, thanks to Tesla. Read more »

Man 'asleep' in speeding self-driving car charged with dangerous driving

Agence France-Presse
Posted at Sep 25 08:12 AM

OTTAWA, Canada - A driver who allegedly set his car to autopilot and then took a nap as it broke the speed limit on a rural Canadian highway has been charged with dangerous driving, police said. Read more »

Automakers sue US government over tariffs on Chinese imports

Agence France-Presse
Posted at Sep 24 07:29 AM

Major automakers Tesla, Volvo, Ford and Mercedes Benz have sued to the US government over tariffs on Chinese goods, demanding customs duties paid on imports be returned, with interest.   Read more »

Tesla's value drops $50 billion as Musk's promised cheaper battery 3 years away

Reuters
Updated as of Sep 23 11:15 AM

Investors slashed $50 billion from Tesla Inc's market value on Tuesday despite CEO Elon Musk's promise to cut electric vehicle costs so radically that a $25,000 car that drives itself will be possible, but not for at least three years. Read more »

Tesla maps road to cheaper batteries for electric cars

Agence France-Presse
Posted at Sep 23 08:25 AM

Tesla on Tuesday said it is slashing battery costs to speed a global shift to renewable energy, and could have a $25,000 model available in three years or so. Read more »

Charging ahead: Tesla teases big news on 'Battery Day'

Agence France-Presse
Posted at Sep 22 03:50 PM

Tesla chief Elon Musk has promised "insane" battery news at a streamed event after the company's annual shareholders' meeting on Tuesday.   Read more »

Highflying Tesla reports surprise profit despite COVID-19 upheaval

John Biers, Agence France-Presse
Posted at Jul 23 10:39 AM

Tesla reported a surprise second-quarter profit Wednesday as it confirmed ambitious targets for 2020 car deliveries despite the coronavirus pandemic and announced plans for a new auto factory in Texas.   Read more »