Over the weekend, Tesla CEO Elon Musk tweeted that Tesla is testing new features on its Autopilot "self-driving" system, that will allow its cars to recognize stoplights and stop signs and negotiate traffic on roundabouts. "Your Tesla will soon be able to go from your garage at home to parking at work with no driver input at all," Musk tweeted... Tesla owners will commute “with no driver input” soon, Musk says
Over the weekend, Tesla CEO Elon Musk tweeted that Tesla is testing new features on its Autopilot "self-driving" system, that will allow its cars to recognize stoplights and stop signs and negotiate traffic on roundabouts. "Your Tesla will soon be able to go from your garage at home to parking at work with no driver input at all," Musk tweeted...
The 2019 Toyota RAV4 Hybrid gets better fuel economy than any other SUV without a plug. We take a look at the benefits of short-range plug-in hybrids. Our readers weigh in on why they haven't yet bought a Tesla Model 3. And Colorado joins up with California emissions standards. All this and more on Green Car Reports. We take a closer look at what...
Tesla CEO Elon Musk is tweeting again, this time about expanding and potentially upgrading the company's Supercharger network. On Monday, Musk tweeted that the company will start deploying "much faster" Version 3 Superchargers early next year. The news comes on the heels of Tesla's announcement that it will ship Model 3s to Europe and Australia...
Tesla's board has promoted from within to fill the role of chairman, replacing Elon Musk, who agreed to step down in a settlement with the Securities and Exchange Commission. Robyn Denholm, one of the two independent directors appointed to Tesla's board in 2014 will be its new chairwoman, the company announced on Wednesday night. Musk agreed on...
Tesla acknowledged in a quarterly regulatory filing on Thursday that it has received a subpoena from the SEC asking about the company's forecasts the company made in 2017 for Model 3 production. Some investors have said they were misled by statements that the company would begin full production of the Model 3 by the second quarter of 2018, when...
As part of an SEC settlement, Tesla needs to find a new chairman to replace Elon Musk, as he steps aside from that post but stays on as chief executive officer. That new chairman is to be an independent board member and not someone tied to Musk. When Musk was asked, in yesterday's financial call, about what attributes he thinks would be best for...
Tesla’s quarterly earnings call today was shaping up to be, at long last, an earnings call. Tesla reported a net income of $312 million for the third quarter of 2018.The all-electric vehicle maker made money. It also claimed that, given its financial results—and some creative number-crunching—it has the best-selling car in the...
Last year employee parking lots overflowed at Tesla’s Fremont, California, plant. By comparing the headcount of Tesla's factory at present versus historically, it’s easy to grasp why the facility has seemed so crowded. At its heyday, Toyota and GM needed 4,400 people at Fremont. Tesla has an on-site workforce estimated to be...
A federal judge in New York gave final approval Tuesday to the $40 million settlement between Tesla, its chief executive officer Elon Musk, and the SEC over Musk's tweets about plans to take the company private. The approval comes following Musk's tentative settlement on Sept. 29, in which he agreed to step down as chairman of Tesla's board of...
As Elon Musk prepares to step aside from Tesla's board in an expected settlement with the SEC, speculation has erupted over who might replace him. According to the SEC settlement, the new chairman must be an independent board member—not one tied to Musk. Tesla's board currently has two independent members, and the SEC settlement will require...
After Tesla CEO Elon Musk announced earlier this month that he planned to take the company private, investment advisors hooked a big fish to provide the funding, according to a report in The Wall Street Journal on Monday. In a long report about the Tesla board's deliberations over taking the company private, the Journal revealed that investment...
The Saudi Arabian sovereign wealth fund may be planning to buy a stake in potential Tesla rival Lucid Motors, according to a Reuters report. Tesla CEO Elon Musk suggested last week that he had held talks with the same Saudi investment fund. The report says that the fund has drawn up a term sheet to invest $500 million in Lucid. It could invest up...
Just as Tesla is beginning to straighten out manufacturing problems with its Model 3, the executive suite seems in the midst of a nuclear meltdown. In a wide-ranging interview with The New York Times on Thursday, CEO Elon Musk admitted to being spread thin, having the most difficult and painful year in his career, and to hastily dashing off a...
The news Friday was almost all Tesla, all the time. CEO Elon Musk granted an exclusive interview to The New York Times in which he said his tweet about taking the company private was not vetted by others. Meanwhile, one whistleblower came forward with drug-dealing allegations at the Gigafactory and another tweeted a trove of damning photos. In...