Tesla is highly traded, and Elon Musk’s sale of more than $16 billion worth of stock last year did not appear to push share prices lower.
Tesla is highly traded, and Elon Musk’s sale of more than $16 billion worth of stock last year did not appear to push share prices lower.
Mr. Musk has been building a stake in the social media company and last week made an unsolicited offer to acquire it outright.
The electric carmaker had to close an important factory in Shanghai because of China’s efforts to stamp out a coronavirus outbreak.
Delays in producing the pickup have allowed rivals like Ford to beat Tesla to market with electric pickups.
The company is plugging $30 million into a start-up co-founded by one of Silicon Valley’s favorite scientists.
The $7 billion plant will eventually produce half a million S.U.V.s a year, the company said.
The $7 billion plant will eventually produce half a million S.U.V.s a year, the company said.
German authorities cleared the plant, which was built near Berlin, to open for production. Tesla plans to build 500,000 electric cars a year there.
Booming in a depressed market, battery-powered vehicles are a plus for the climate but pose a big threat to carmakers and parts suppliers that are slow to change.
The electric carmaker disclosed the new legal issues in its annual report to securities regulators, which was made public on Monday.
La enorme disparidad entre los resultados de la empresa de autos eléctricos y los de reconocidos fabricantes de carros el año pasado refleja el cambio tecnológico que sacude al sector.
The yawning disparity between the performance of the electric car company and established automakers last year reflects the technological change roiling the industry.
The electric-car maker managed substantial growth as Europe and China increasingly propelled sales.
The feature raises fresh questions about whether Tesla is compromising safety as it rushes to add new technologies.
The automaker may have undermined safety in designing its Autopilot driver-assistance system to fit its chief executive’s vision, former employees say.
The electric car company is helping Chinese companies become global players in the emerging industry, posing a competitive threat to traditional rivals.
Peter Rawlinson designed the Tesla S. His new Lucid Air sedan is a direct challenge to Tesla’s dominance.
The 2018 tweet, in which Mr. Musk claimed he had secured funding to take Tesla private, initially sent the automaker’s shares soaring. But they sank when it became clear that no such deal had been reached.
He asked whether he should sell 10 percent of his stock, and Twitter voters said yes. Stock options he was granted in 2012 are “a ticking tax time bomb,” one expert said.