Tesla meeting: The “cyberpunk truck,” vegan cars, and mining?

Tesla CEO Elon Musk introducing Model YAt Tesla’s annual meeting with shareholders Tuesday, Tesla CEO Elon Musk once again had to field a diverse range of questions about its business, as well as provide a reality check on some overly optimistic timelines he'd previously provided. In April, Musk announced that the company planned to enter the insurance business and save Tesla...

Big investment not enough for long term at Tesla, Musk says: report

2017 Tesla Model 3, in photo tweeted by Elon Musk on July 9, 2017Tesla may have only enough money to survive another 10 months, CEO Elon Musk told employees in an email on Thursday. The email was first reported by Reuters, which was shown a copy. In response, Musk told employees he will review "all expenses of any kind anywhere in the word, including parts, salary, travel expenses, rent, literally every payment...

Report says Fiat Chrysler emissions deal worth $2 billion to Tesla

Jeep Grand Cherokee Summit in EuropeAnalysts should no longer be worried about whether Tesla has enough cash to meet its immediate needs. In addition to $2 billion it raised in stocks and convertible bonds last week, the company signed a deal with Fiat Chrysler last month to share its emissions credits in Europe with the Italian-American automaker, which is lagging in electric cars...

Musk reaches second settlement with SEC

Tesla CEO Elon Musk on Elon Musk's Twitter followers may face a new reality next week. The Tesla CEO reached a new agreement with the Securities and Exchange Commission, announced Friday, that he will no longer tweet about the company's finances or sales without preapproval from a Tesla securities lawyer. Musk's Twitter feed (@ElonMusk) has until now been a...

Tesla Model Y might be made in California after all

Tesla Model YTesla hasn’t yet decided on a production location for its Model Y crossover, which by the carmaker’s recent estimates it hopes to deliver in fall 2020. In today’s quarterly financial call, CEO Elon Musk revealed that it was very seriously considering building the Model Y at the one place that he’d previously ruled out: the...

Tesla Model 3 updates: Leasing, Autopilot standard, base model limited

Tesla Model 3 bought [Photo by reader AH]Tesla announced major changes to its model lineup Thursday, especially the Model 3, in an effort to shore up sales. After the federal tax credit available on its cars halved Jan. 1, Tesla has dropped prices, added features, streamlined its model lineup, and introduced new lower-priced options for the Model 3, including the long-promised $35,000...

$35,000 Tesla Model 3 deliveries still delayed

Tesla Model 3 all-wheel drive Performance rolls off a new assembly line in a temporary structureTesla finally introduced its long-promised $35,000 Model 3 earlier this month, but it still isn't delivering them according to numerous media and owner reports. In the call introducing the Standard Range Model 3, Tesla CEO Elon Musk said the first cars would be delivered in two to four weeks, but buyers who have ordered Standard Range Model 3...

Tesla Model Y: Comparing some of the details vs. Model 3

Tesla CEO Elon Musk introducing Model YTesla CEO Elon Musk prefaced his introduction of the company’s more affordable upcoming electric SUV, the Model Y, Thursday night, by noting how hard achieving at-scale mass production of Model X has been—and what a difficult year 2018 had been for him and Tesla. “It was pretty tight; it was a hard one,” said Musk...

Tesla sets Model Y reveal date, hints at price

Teaser for Tesla Model Y electric SUV due for reveal in 2019In a Tweet Sunday, Tesla CEO Elon Musk announced that the company will host an event on Thursday March 14 to reveal its long-planned Model Y SUV. The company will host a reveal event at its Hawthorne, California, design studios, as it has done with all previous models. The company said it will offer more detailed specs, as well as rides in the...

Tesla aims to make service quicker, roadside assistance automatic

2017 Tesla Model SSoon, if your Tesla breaks down, you may not even have to call a tow truck. Your car will do it for you. That was one of the goals Tesla CEO Elon Musk laid out for 2019 in a conference call with investors last week as part of a larger push to streamline the company's service processes. Musk didn't confirm how the service will work, but said he...

More cars, fewer workers in Tesla’s latest layoffs

2017 Tesla Model 3, in photo tweeted by Elon Musk on July 9, 2017Tesla, it seems, is not out of the woods yet, despite selling almost 100,000 electric cars last year. Even as the company continues to try to ramp up production of its most popular and affordable Model 3, Tesla CEO Elon Musk announced on Thursday evening that the company will lay off another 7 percent of its full-time employees. "We grew by 30...

Tesla cuts prices $2,000, almost hit 250,000 vehicles in 2018

2017 Tesla Model 3Tesla and its CEO Elon Musk made a multi-layered end-of-year push, focused on Tesla's final days and weeks of $7,500 federal EV tax credit eligibility. And with more than 90,000 vehicle deliveries in the fourth quarter of the year—a new record for the California electric-car maker—it appears to have worked. According to Tesla, it...

Iron Man 2 reunion: Musk friend Larry Ellison named to Tesla board

Tesla Motors, Palo Alto, CaliforniaTesla announced Friday that it has added two independent directors to the company's board: Kathleen Wilson-Thompson and Larry Ellison. Yes, it’s that Larry Ellison—the Oracle founder, and one of the richest men in the world, who made a cameo alongside Musk in Iron Man 2. Ellison lives a jet-setting lifestyle—including a lot of...