The world’s largest sovereign wealth fund went opposed Elon Musk’s possible $2.6 billion payout from electric automaker Tesla, the fund stated on Thursday. Shareholders supported the deal for Tesla’s CEO
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Some potential purchasers of Tesla’s long-delayed Model 3 sedan are worried that they will miss on big federal tax breaks and are searching for options, including General Motors’s Chevrolet Bolt,
Tesla Inc postponed a production target for its new Model 3 sedan once again on Wednesday, disappointing investors even as it declared “major” development getting rid of manufacturing difficulties that
Tesla Inc will build a pickup not long after producing electric crossover vehicle Model Y, CEO Elon Musk stated on Tuesday. “I assure that we will make a pickup right
U.S. automaker Tesla Inc hit with a class-action lawsuit claiming its California production plant is a “hotbed for racist behavior.” The lawsuit submitted in California state court in Oakland is
Tesla Inc stated on Tuesday it agreed to purchase privately held Perbix Machine Co, which develops automated manufacturing equipment. Financial terms of the deal were not revealed. Minnesota-based Perbix has
Tesla was set to open over 6 percent below the previous close on Thursday after it alarmed investors with its biggest quarterly loss yet and a hold-up in production targets
Having invested heavily in hydrogen, a technology derided by Tesla CEO Elon Musk as “incredibly dumb”, Toyota Motor is making a renewed push for fuel cell cars to fill a
Tesla Inc is recalling 11,000 Model X sport utility vehicles globally because of malfunctioning locking mechanism in their rear seats that raises the danger of the seats falling forward in
Tesla’s CEO Elon Musk stated on Friday the company will send more battery installers to Puerto Rico to help bring back power after Hurricane Maria knocked out all power on
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