Tuesday’s losses put Tesla’s stock down more than 11 percent this week.
Hertz had said that it would convert more than 20 percent of its rental fleet to Tesla’s cars, a deal that helped propel Tesla’s stock value beyond $1 trillion for the first time.
The automaker also reported a big jump in revenue, to $13.8 billion from $8.8 billion a year ago, as sales of the Model Y continue to rise.
While its C.E.O., Elon Musk, and the state’s conservative lawmakers share libertarian sensibilities, they differ greatly on climate change and renewable energy.
While its C.E.O., Elon Musk, and the state’s conservative lawmakers share libertarian sensibilities, they differ greatly on climate change and renewable energy.
Elon Musk announced the move at the company’s annual shareholder meeting, hosted at a factory Tesla is building near Austin.
Activist shareholders have submitted five proposals to compel Tesla to disclose more information about its efforts to diversify its work force, how it handles employee disputes and its human rights record.
The electric-car maker has weathered the global shortage of semiconductors better than more established rivals.
The company, which is backed by Amazon and Ford, is seeking to sell shares in one of the biggest initial public offerings of the year.
A 2019 crash in Florida highlights how gaps in Tesla’s driver-assistance system and distractions can have tragic consequences.
The electric car company made $1 billion in the second quarter as its revenue roughly doubled from the same period a year earlier.
Two new books, Eric Berger’s “Liftoff” and Tim Higgins’s “Power Play,” explore Musk’s terrestrial and extraterrestrial pursuits — and what has made him so successful.
Elon Musk wanted to tap German engineering expertise, but may have gotten more local culture than he had bargained for.
Elon Musk wanted to tap German engineering expertise, but may have gotten more local culture than he had bargained for.
La familia Maldonado, de California, perdió a su hijo adolescente cuando un auto de Tesla chocó con su camioneta. Los Maldonado alegan que la función Autopilot tiene parte de responsabilidad por el siniestro.
A California family that lost a 15-year-old boy when a Tesla hit its pickup truck is suing the company, claiming its Autopilot system was partly responsible.
Federal safety regulators told automakers to provide more information about accidents involving cars and trucks with automation technology.
The company’s top executive resigned after the struggling automaker released an investigation by its board.
Buying an electric car can be exciting and bewildering. Consider what kind of car you want and need and where you will charge.
The company is charging tens of thousands of dollars more to cover roofs with its much-anticipated solar shingles, angering some customers.