Apr 15 Tesla reportedly to lay off a tenth of its workforce after dismal first-quarter sales By Associated Press The layoffs could affect about 14,000 of the 140,473 workers employed by the Austin, Texas, company at the end of last year. Shares of Tesla fell nearly 3% in Monday morning trading after the news broke. Continue reading
Feb 02 Tesla to recall more than 2 million vehicles to fix warning lights that are too small By Tom Krisher, Associated Press Tesla is recalling nearly all of the vehicles it has sold in the U.S. because some warning lights on the instrument panel are too small. Continue reading
Jan 30 Elon Musk cannot keep Tesla compensation package worth more than $55 billion, judge rules By Associated Press A judge says Elon Musk must give up a compensation package awarded by Tesla's board of directors that is potentially worth more than $55 billion. Continue reading
Dec 21 More U.S. auto buyers are turning to hybrids as sales of electric vehicles slow By Tom Krisher, Associated Press America's automakers have staked their futures on the notion that electric vehicles will dominate sales in the coming years. But so far, while EV sales are growing, their pace is falling well short of the industry's ambitious timetable. Continue reading
Dec 13 Watch 5:21 The self-driving safety concerns that led to Tesla's recall of 2 million cars By William Brangham, Dorothy Hastings Tesla has recalled 2 million cars, nearly all of its vehicles sold in the U.S. since 2012, because of issues with its self-driving features. Safety regulators have investigated nearly a thousand crashes involving Tesla's autopilot system, which can fully take… Continue watching
Dec 13 Tesla recalls nearly all U.S. vehicles to fix system that monitors drivers using Autopilot after investigation into deadly crashes By Tom Krisher, Associated Press The recall comes after a two-year investigation by U.S. auto safety regulators into a series of crashes that happened while the Autopilot partially automated driving system was in use. Continue reading
Jul 17 Ford substantially cuts cost of F-150 Lightning electric pickup By Michelle Chapman, Associated Press The sticker price on Ford’s F-150 Lightning electric pickup is being lowered by thousands of dollars due to increased plant capacity, falling costs for battery raw materials and internal efforts to scale production by the Detroit automaker. Continue reading
Jul 16 Tesla announces its 1st electric pickup truck has rolled off the assembly line By Associated Press Tesla says its first production Cybertruck electric pickup has rolled off the assembly line, nearly two years behind the original schedule. Continue reading
May 17 Musk tells Tesla shareholders he's not stepping down as CEO, considering advertising By Associated Press Elon Musk has dismissed speculation that he might step down as Tesla's CEO. "Say it ain't so," a shareholder asked Musk during Tesla's annual meeting Tuesday about stepping down as the electric car and solar panel company's leader. "It ain't… Continue reading
May 15 Federal appeals court rules Elon Musk must abide by SEC settlement over Tesla tweets By Larry Neumeister, Associated Press Elon Musk cannot back out of a settlement with securities regulators that was reached after his 2018 tweets claiming he had secured funding to take Tesla private caused the electric vehicle maker's share price to jump and led to a… Continue reading