Tesla (TSLA) plunged $39 or 12.7% in late trading after the SEC announcedthat it had charged CEO Elon Musk with securities fraud “for a series of false and misleading tweets about a potential transaction to take...
Tesla CEO Elon Musk has unveiled a main source of funding for his go-private transaction, saying Saudi Arabia’s sovereign wealth fund has been pushing him to go ahead with a plan aimed at buying out...
Elon Musk has once again caused a whirlwind of speculation with a few tweets. Afterwards Tesla stock rose and trading was halted for around two hours. Only Donald Trump can move markets more. On Tuesday,...
The former Tesla employee, whom the US e-carmaker accuses of sabotage and stealing company secrets, has claimed he was sacked because he wanted to speak out about the company’s flawed production and resource waste. Former...
It is three times larger than the next biggest lithium-ion battery and can power up to 30,000 homes. Elon Musk has said it is “just the beginning.” Tesla activated the world’s biggest lithium-ion battery in Australia...
Tesla CEO Elon Musk has opened a new chapter in his book of visions as he unveiled a prototype electric big-rig truck that aims to throw Tesla into a new market even as it struggles...
The e-car pioneer has announced it wants to raise more than a billion dollars in fresh debt obligations under efforts to strengthen its balance sheet ahead of mass-producing its latest Model 3 sedan. With Tesla’s first...
Tesla has leapfrogged General Motors to become the biggest US car manufacturer by market value. It’s the clearest sign yet that Wall Street considers Silicon Valley – and not Detroit – as the future of...
The Asian city-state has taken the lead in becoming the location of the world’s first public experiment with self-driving taxis. The outcome of the trial is likely to revolutionize the global automotive industry. The world’s...
By 2025, self-driving cars could lead to a steep decline in fossil fuels – and in personal car ownership. Smart electric vehicles will pick you up, drop you off, and mostly look after themselves. A...
Elon Musk, CEO of Tesla Motors, has launched Tesla Energy’s Powerwall – a project he hopes will speed the world’s adoption of solar power by making reliable household energy storage battery packs widely affordable. Musk...
