Tesla

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Tesla slams ‘completely false’ safety complaint involving 500K cars

Tesla slams ‘completely false’ safety complaint involving 500K cars

Tesla accused an investor betting that its stock will fall of ginning up concerns about a safety defect that could plague about half a million of the company’s electric cars. Elon Musk’s high-tech automaker denied that its vehicles suffer from an “unintended acceleration” defect at the heart of a recent petition demanding a federal probe […]

Tesla says it plans to open China design and research center

Tesla says it plans to open China design and research center

U.S. electric car maker Tesla plans to open a design and research center in China to make “Chinese-style” vehicles, the company said in a recruitment notice on its official WeChat account. Wednesday’s notice sought to recruit designers and other staff to help fulfill the goal, and called for applications by Feb. 1, but did not […]

Elon Musk says Tesla cars will soon be able to talk

Elon Musk says Tesla cars will soon be able to talk

Tesla cars could soon have big mouths — just like their outspoken owners — thanks to an upcoming upgrade that will let the vehicles speak to pedestrians, according to Elon Musk. “Teslas will soon talk to people if you want. This is real,” the eccentric Tesla CEO said on Twitter Saturday, where he shared a […]

Tesla’s market value zooms past that of GM and Ford combined

Tesla’s market value zooms past that of GM and Ford combined

  For the first time, Tesla Inc’s (TSLA.O) stock market value has eclipsed the combined values of General Motors Co (GM.N) and Ford Motor Co (F.N). The Silicon Valley electric-car maker’s stock jumped nearly 5% on Wednesday, closing at a record $492.14 per share and elevating its market capitalization to almost $89 billion, or $2 […]

Tesla shares hit record high after deliveries beat expectations

Tesla shares hit record high after deliveries beat expectations

Elon Musk’s electric car company is starting the new year off on a high note. Tesla’s stock price hit a fresh, all-time high Friday after its most recent vehicle deliveries beat expectations. Shares jumped 5.5 percent to a record $454 on the news that it delivered 112,000 vehicles in the fourth quarter of 2019, outpacing Wall […]