Two years ago this month, Tesla fans learned the electric-car maker’s shares were joining the S&P 500 Index, and Elon Musk was turning retail investors into Teslanaires.
This much is clear: Tesla is going to start delivering Semi trucks on Dec. 1, a full five years after Elon Musk started taking orders for them.
Elon Musk’s sudden U-turn from months spent trying to get out of his agreement to buy Twitter isn’t sitting well with Tesla investors.
Elon Musk showed off a prototype humanoid robot walking and waving its hand, seeking to demonstrate Tesla Inc.’s advances in artificial intelligence.
Tesla Inc. is expected to announce record quarterly deliveries as the electric-vehicle giant tries to recover from supply-chain snarls that crimped output earlier this year.
Tesla Inc. sold a significant chunk of its Bitcoin holding, an investment that helped legitimize the world’s largest electronic currency.
The man who dominates discussion about the future of transportation has gone uncharacteristically quiet at the close of a manic quarter.
Elon Musk confirmed the salaried workforce at Tesla Inc. would be cut by about 10% over the next three months.
The world’s richest person proved the naysayers, including himself, wrong Monday when he clinched a deal to buy Twitter Inc. for about $44 billion, using one of the biggest leveraged buyout deals in history to take private a 16-year-old social networking platform that has become a hub of public discourse and a flashpoint in the debate over online free speech.
By the time premarket trading started Monday, Tesla shares were down less than 1%. None of the above developments were unmitigated disasters: Musk has feuded with U.S. safety officials before; Tesla plans to reopen its Shanghai factory after a few days; Karpathy tweeted he’s looking forward to a return; Musk said he has almost no symptoms.
On Wednesday, Musk claimed he’s been “building a case” against the U.S. Securities and Exchange Commission, which he accused of starting a fight with him that he will finish. The SEC likely would beg to differ with this retelling and point to Musk’s August 2018 tweets about taking Tesla private, which the agency alleged amounted to securities fraud.
Tesla Inc. has paid more than $1 million to a Black former employee who won a ruling that the company failed to stop his supervisors from calling him the “N-word” at the electric-car maker’s northern California plant.