Tesla recently revealed in an SEC filing how Elon Musk’s electric car company works with his other businesses, including SpaceX, the reusable rocket maker, and his tunneling venture The Boring Company. Related party transactions among Musk’s businesses were relatively small,
Tesla reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 3% after hours as investors digested the numbers. Here’s how the company
Tesla CEO Elon Musk announced late Tuesday that it is now possible to buy Tesla vehicles in the U.S. with bitcoin. The automaker last month revealed that it had bought $1.5 billion worth of bitcoin and that it would soon start accepting the
Tesla has officially given CEO Elon Musk the title of “Technoking of Tesla” in a new regulatory filing on Monday. Musk will retain his position as chief executive officer, Tesla said. Zach Kirkhorn, the company’s chief financial officer, has also been given
A federal agency is calling for tougher requirements on testing autonomous driving, and the proposed changes could eventually force Tesla to change how it rolls out features to customers. The National Transportation Safety Board is calling for stronger federal requirements
(Reuters) – Shares of electric vehicle maker Tesla Inc surged nearly 20% on Tuesday, rebounding from a deep selloff with its largest daily gain in a year after data showed an increase in China sales and an analyst raised his
Tesla suffered steep losses at the opening bell on Tuesday as investors rotated out of high-flying tech names, although throughout the session Tesla, in addition to Big Tech, clawed back the majority of the day’s early losses. Shares of the electric
Tesla announced Monday it has bought $1.5 billion worth of bitcoin. In a filing with the Securities and Exchange Commission, the company said it bought the bitcoin for “more flexibility to further diversify and maximize returns on our cash.” Tesla also said
An influential engineering director at Tesla, Joe Mardall, has resigned his position at the automaker to become head of engineering at Zipline, according to his own LinkedIn profile. Zipline is a drone maker and aerial delivery service focused on distribution
Tesla has reportedly started delivering locally-produced Model Y crossovers in China, marking another milestone for the electric carmaker in the world’s largest vehicle market. Deliveries of the China-produced crossover began Monday, according to state-run Xinhua News Agency. It’s unclear how many Model Y