by Federal investigators are examining whether Tesla misstated information related to the Silicon Valley company’s production of the Model 3, a car some believe could revolutionize the auto industry. (Article Continues Below Advertisement) FBI agents are also trying to determine if the company misled investors about the company’s business model going back to 2017,
by Gavin Hanson A British Tesla owner posted a home security video to YouTube of his Tesla Model S being stolen from his driveway with only a tablet and a smartphone on Sunday. (Article Continues Below Advertisement) YouTube user and (former) Tesla owner Antony Kennedy edited together and annotated this video of two thieves stealing
by Nick Givas James Murdoch may soon replace Elon Musk as Chairman of Tesla, after he leaves his post as CEO of 21st Century Fox. Murdoch is set to step aside after Fox completes its deal with Disney. The new Fox will be about one third it’s current size and will sell it’s film, television
by Chris White Democrats are working to rescue Tesla as the company struggles to cope with the possibility of losing a lucrative tax credit many analysts argue is the only thing keeping the electric vehicle industry afloat. Democrats are pushing to extend the breaks, while Republicans paint the subsidy and attempts to solidify
by Chris White One of Tesla’s chief supporters on Wall Street has taken a more bearish approach to the electric automaker as the company embarks on a major managerial shakeup following poor production numbers. Morgan Stanley analyst Adam Jonas is tossing up warning flags concerning the business and production aspects of the Silicon Valley company.
Paul Sakuma/AP by Chriss W. Street28 Apr 2018Newport Beach, CA0 28 Apr, 201828 Apr, 2018 Elon Musk faces a shareholder proposal that could take away his Chairman title as conflict of interest concerns and litigation compound Tesla’s lack of profitability challenges. Tesla, Inc. was founded by Martin Eberhard and Marc Tarpenning in 2003 after General
KTVU via Associated Press by Nate Church12 Apr 20180 12 Apr, 201812 Apr, 2018 The National Transportation Safety Board reportedly ejected Tesla from their probe into circumstances of the autopilot accident that claimed the life of Walter Huang. Elon Musk’s smart car manufacturing company has been officially removed from the investigation into the fatal crash. In
Tesla and SpaceX CEO Elon Musk has called for greater regulation of Silicon Valley companies and particularly artificial intelligence, to stop the spread of “fake news.” The Daily Mail reports that Tesla CEO Elon Musk said in a recent interview that social media requires regulation in the near future despite its impact on “the public good.” In
KTVU via Associated Press by Nate Church11 Apr 20180 11 Apr, 201811 Apr, 2018 A Tesla spokesperson said the company was “very sorry for the family’s loss” but maintained that Walter Huang himself was at fault in his death. In a statement provided to Business Insider, Tesla says: According to the family, Mr. Huang was well aware
A group calling itself a “worldwide leader in Virtual Private Network research and statistics” organized protests on Capitol Hill, at Facebook’s headquarters in California, and at its campus in Austin, Texas, “to advocate for consumer privacy rights and online security.” “Zuckerberg is absurd,” anti-Facebook protesters dressed as Spiderman and the Easter Bunny chanted on the
by Chris White Tesla has less than six months to go before the electric automaker enters complete insolvency due to chronic business problems, according to one Chicago-based investment group founder. Analysts are blasting Tesla as the Silicon Valley company’s shares and bonds continue to flounder amid concerns about the safety of electric car technology.
Jerry Lampen/AFP/Getty Images by Nate Church26 Mar 20180 26 Mar, 201826 Mar, 2018 As Tesla faces major delays in shipping its Model 3 design, share values have plummeted into “bear market” territory — and investors are putting money on it. At more than 20 percent below their record high in September 2017, Tesla is struggling
Tesla employees are claiming that as much as 40 percent of the parts manufactured by the company are flawed, causing expensive rework and hurting employee morale. CNBC reports that multiple former and current employees at electric car manufacturer Tesla have alleged that the company is producing a high ratio of flawed parts which has led to
Tesla’s factory was fined $139,000 for emitting the same type of toxic NOx into the atmosphere that their electric-vehicles are supposed to eliminate. Tesla has been fined $139,500 by Bay Area Air Quality Management District (BAAQMD) for emitting nitrogen oxides (NOx) air pollution inside its factory. Although Tesla told the San Francisco Chronicle that the
The Associated Press by Lucas Nolan8 Feb 20180 8 Feb, 20188 Feb, 2018 As the world marvels at Elon Musk’s latest SpaceX publicity stunt, Tesla’s Model 3 has been delayed — again. Bloomberg reports that shortly after Elon Musk’s latest publicity stunt, which featured a Tesla Roadster sports car being launched into space by the SpaceX Falcon Heavy
SpaceX has scheduled the first Falcon Heavy, aka the BFR, launch for Tuesday the goal of which is to put CEO Elon Musk‘s cherry red Tesla Roadster in an orbit going between Earth and Mars repeatedly. The Falcon Heavy launch would place the Roadster into a heliocentric orbit, meaning that like the planets and comets