Aiming to make a million electric vehicles a year by 2025, General Motors is investing in a Nevada lithium mine to help with battery production.
The electric car company is facing intensifying competition, supply chain disruptions and concerns about the behavior of Elon Musk.
Under questioning, Mr. Musk said he hadn’t discussed how much money investors would put in to help him take his car company private.
Mr. Musk is testifying in a lawsuit filed by investors who claim that his statements about a plan to take Tesla private in 2018 caused them to lose billions of dollars.
The chief executive of Tesla testified in a federal civil trial about a 2018 plan to take the automaker private that fizzled out.
Investors are seeking billions of dollars in damages for their losses after Mr. Musk posted a proposal on Twitter that never materialized.
The price reductions in the United States will make more of the company’s electric vehicles eligible for a federal tax credit.
Worry about the carmaker’s sales in the world’s largest car market is one reason the shares have plunged.
The company’s rapid growth is expected to ease as the economy slows and demand for its electric cars weakens.
Investors blame Elon Musk and wonder how much more the stock will fall.
The maker of electric cars faces sharp competition, plummeting shares and production woes while its chief executive is preoccupied with Twitter.
Corporate governance experts say the electric-car maker’s directors may need to rein in the chief executive, with whom many have personal ties.
The billionaire chief executive testified about a multibillion-dollar compensation package the electric car company’s board put in place in 2018.
A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion.
The automaker is struggling with supply chain problems and wrote off its investment in a self-driving technology business.
The maker of electric sedans said it would hit its scaled-back production targets for 2022 after facing supply hurdles.
Prosecutors say Trevor Milton, former chief executive of Nikola, lured retail investors with lies about the electric truck company’s technology.
The maker of electric pickup trucks, vans and sport-utility vehicles increased its production forecast for the year, but only slightly.
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.
Production problems in China and Elon Musk’s pursuit of Twitter are leading investors to wonder whether the electric car company is worth as much as they thought.