Elon Musk Says He Will Move X and SpaceX Headquarters to Texas
The social media and rocket companies are headquartered in California, which the billionaire criticized for its recent transgender legislation.
Tesla Will Recall Cybertruck in Latest Setback
A federal auto safety agency said the accelerator pedal on the pickup truck, sales of which began in late 2023, could become stuck, increasing the risk of accidents.
Tesla Will Lay Off More Than 10% of Workers
Elon Musk’s electric car company reported a drop in sales in the first three months of the year, and its profit margin has been falling for months.
Tesla Shares Tumble As Growth Stalls
Shares in Elon Musk’s electric vehicle maker fell sharply after the company delivered lackluster quarterly results and declined to give full-year guidance.
Tesla Plans to Begin Delivery of the Cybertruck Today
Two years behind schedule, the electric model has an unusual design that sets it apart from rival pickups, which could limit its sales.
Federal Investigators Widen Tesla Inquiry, Company Says
The Department of Justice has sought documents related to vehicle range and “personal benefits,” Tesla said.
Tesla Sales Slip as It Readies Factories for New Models
Analysts expected a decline in sales for the quarter. Still, the dip may raise concerns about flagging demand.
Tesla to Unveil New ‘Master Plan’ in Bid to Regain Momentum
Elon Musk is expected to announce plans for a new factory in Mexico and an array of other measures to win back investors’ favor.
Tesla’s Cybertruck Is Coming Soon. Maybe.
Already two years behind schedule, the Cybertruck has experts wondering how the company will manufacture its unusual stainless steel “exoskeleton.”
Tesla will spend more to increase production at two new factories.
Tesla said it expected capital expenditures to be $6 billion to $8 billion in 2022, up from an April forecast of $5 billion to $7 billion.