Tag Archives: Tesla Motors

Tesla places future bets of Model Y — and China

As big as the Model 3 electric car is for the future of Tesla, the sport utility vehicle known as the Model Y could be bigger, according to CEO Elon Musk. “I would expect that the demand for the Model … Continue reading

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Elon Musk shows off Boring Company test tunnel

The Boring Company’s hole in the ground in Hawthorne, Calif., got a Hollywood-style debut tonight courtesy of the company’s billionaire founder, Elon Musk. Musk stood just outside a 1.14-mile-long test tunnel, illuminated in blue light, and spoke glowingly to a VIP crowd … Continue reading

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Elon Musk talks up Space Force and Jeff Bezos

Elon Musk, the billionaire CEO of Tesla and SpaceX, is really psyched about the electric pickup truck he’s got on the drawing board — and he’s also cool with the Space Force and Amazon founder Jeff Bezos’ Blue Origin space effort. Those are just … Continue reading

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After drama, Tesla posts ‘historic’ quarterly report

Tesla shares jumped more than 10 percent in after-hours trading today after the controversial electric-car company posted a surprisingly positive quarterly report, including a profit rather than a loss. Adjusted net income for the third quarter amounted to $312 million, … Continue reading

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SEC settlement buoys Tesla share prices

Tesla’s share price jumped today as dramatically as it fell on Sept. 28, thanks largely to this weekend’s settlement of the Securities and Exchange Commission’s complaints against the company and its CEO, Elon Musk. After falling 14 percent on Sept. 28, … Continue reading

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Elon Musk agrees to resign as Tesla chairman

By Todd Bishop and Alan Boyle Elon Musk has agreed to step down as Tesla’s chairman for three years but will remain CEO of the electric car maker, under the terms of documents filed today to settle a securities fraud … Continue reading

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Elon Musk calls SEC charges ‘unjustified’

Update: Elon Musk and Tesla settle with SEC. Tesla’s billionaire CEO and chairman, Elon Musk, is calling the Securities and Exchange Commission’s fraud claims against him “unjustified” after reportedly passing up a settlement deal that would have temporarily forced him from … Continue reading

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