(Reuters) – Tesla Inc’s (TSLA.O) Chief Executive Officer Elon Musk said on Tuesday the electric car maker is going to build a new vehicle factory, “Gigafactory 4,” in the “Berlin area.” Tesla had earlier said it will soon reveal the
Tesla delivered a strong third-quarter earnings report after the bell on Wednesday, posting a surprise profit and telling shareholders it is ahead of schedule with a new factory in Shanghai. Shares spiked more than 20% after hours, putting them at
For years, Tesla has been working to break into an auto-related industry worth billions. The plan went live last week. A few months ago, Tesla CEO Elon Musk teased a plan to offer customers car insurance provided directly by Tesla, as opposed
(Reuters) – Electric carmaker Tesla Inc stood by its Model 3 safety claims on Wednesday in the face of regulatory scrutiny, while documents showed the top U.S. automotive safety watchdog issued at least five subpoenas since last year seeking information
SAN FRANCISCO (Reuters) – Tesla Inc (TSLA.O) set a record for quarterly vehicle deliveries in a triumphant response to months of questions about demand for its luxury electric cars, sending shares up 7% after hours on Tuesday. Tesla did not
The US financial markets regulator has resolved its row with Tesla chief executive Elon Musk over his use of Twitter. The Securities and Exchange Commission (SEC) accused Mr Musk of breaching a court order to not share information which could
New York (CNN Business)Tesla’s profit streak is over. Big time. The electric car company said Wednesday that it lost $702 million last quarter. Its revenue was also down 37% compared to the prior quarter. Wall Street was already bracing for what one analyst
Tesla has released new self-driving demo video based on its latest software working on its new Full Self-Driving (FSD) computer. Today, Tesla was holding an ‘Autonomy Day’ for investors during which it has made several presentations about its effort to
Hong Kong (CNN Business)Tesla is investigating after one of its vehicles appeared to explode in China. A short video of surveillance footage posted on Chinese social media site Weibo (WB) showed white smoke emerging from what looks like a white Tesla car parked at a
BEIJING (Reuters) – Tesla Inc (TSLA.O) said on Tuesday it had received quotes from Tianjin Lishen to supply batteries for its new Shanghai electric car factory but had not signed any agreement with the Chinese firm. “Tesla previously received quotes