tesla

The National Highway Traffic Safety Administration said it had opened an investigation into 63,000 Tesla Model S cars after reports of media-control unit failures that led to the loss of the use of touchscreens. The auto safety agency said the preliminary evaluation, covering 2012-2015 model year vehicles, comes after it received 11 complaints alleging premature …

One down, eight to go. SpaceX founder and Tesla CEO Elon Musk has sold a sprawling Los Angeles mansion for $29 million — making an initial step toward a pledge to rid himself of his earthly possessions. The 48-year-old billionaire had listed the Bel Air property for $30 million early last month after pledging that …

Elon Musk on Friday announced that Juneteenth is now a company holiday for Tesla and SpaceX — more than halfway through some employees’ shifts. “Juneteenth is henceforth considered a US holiday at Tesla & SpaceX,” Musk tweeted Friday. The announcement arrived a few hours after Tesla’s HR chief emailed workers to feel free to take …

Electric vehicle maker Tesla wants to start building a large vehicle assembly plant in the southwestern US as early as the third quarter of this year, the company told Texas officials in documents made public this week. But the company is still pitting Texas and Oklahoma against each other in an effort to secure tax …

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A top Tesla investor is betting that the next big thing is flying taxis. Ballie Gifford, a firm whose past investments include SpaceX and Amazon in addition to Elon Musk’s electric automaker, this week put $35 million into German aviation company Lilium, which is developing an aircraft it says will make intra-city travel as easy as …

Elon Musk’s hiatus from Twitter didn’t last long. Just three days after announcing that he was “off Twitter for a while,” Musk was back on the platform saying that it’s “time to break up Amazon.” The Tesla CEO’s outburst came in response to a Thursday tweet from former New York Times reporter Alex Berenson, who …

General Motors is developing an electric van aimed at business users, joining a growing list of carmakers planning EVs for the same segment that includes customers such as Amazon and UPS, five people familiar with the plans told Reuters. That multibillion-dollar strategy could enable GM, Ford and at least two EV startups to build and …

Tesla, famously or infamously, doesn’t really spend an money on advertising. Contrast that with the traditional auto industry, which, for decades, has been among the biggest and most reliable ad spenders on the planet. In the “Mad Men” era, it was possible to devote an entire career to the Buick account and retire happily. Tesla …

Elon Musk is officially in the money. The Tesla CEO on Thursday became eligible to cash in on a controversial payday which could see him pocket more than $700 million. The electric automaker said in a filing that its board had certified the operational milestone needed to unlock the first award in Musk’s eye-popping $50 …