Tesla

News

After SEC fraud charge, Tesla board is 'fully confident in Elon.'

Published: 
Fri, 09/28/2018 - 8:35pm

The Securities and Exchange Commission charged Elon Musk with fraud on Thursday, alleging that the Tesla chief executive's tweets about taking the electric-car company private at $420 a share were “false and misleading.” It asked a federal court to force Musk out of Tesla’s leadership and ban him from running any public company.

News

Elon Musk, eager to shed Wall Street, suggests a massive buyout of Tesla. Its shares soar

Published: 
Thu, 08/09/2018 - 12:12pm

Elon Musk once again sent heads spinning with a bombshell tweet Tuesday, saying he’s “considering” buying up shares of electric car maker Tesla.

News

Musk says Tesla will be self-funded, shunning Wall Street

Published: 
Mon, 08/06/2018 - 10:45am

The most eye-popping moment in Tesla’s earnings call with analysts Wednesday was not when Chief Executive Elon Musk apologized to the analysts he dissed on a previous call in May. It was not the fact that Tesla posted a $717-million loss for the quarter, or cut down on its cash burn.

News

Tesla lost $717 million but vows to make a profit next quarter

Published: 
Fri, 08/03/2018 - 6:41pm

Tesla reported another big loss for the second quarter. But it burned less cash along the way to ramping up production of its “bet the company” electric sedan, the Model 3.