Record Sales Push Tesla To 2nd Straight Quarterly ProfitTesla shares have more than tripled in value since May of last year, pushing the company’s market value above giant German automaker Volkswagen as well as the combined values of General Motors and Ford.
Tesla 2019 Sales Rise Over 50% From Previous YearThe electric car maker delivered a record of about 112,000 vehicles in the fourth quarter and about 367,500 for the full year.
Tesla's Car Deliveries Rebound, But Challenges Still AboundDespite the heartening news, Tesla still hasn't proven it can consistently make money despite repeated promises from CEO Elon Musk to reverse the company's long history of losses.
Tesla Posts Surprisingly Large 1Q Loss As Sales Slump 31%Tesla has lost more than $6 billion since setting out to revolutionize the auto industry 15 years ago, but Musk foresees a profitable future fueled in part by a ride-hailing service made up of electric cars driven by robots.
Tesla CEO Plans To Hand The Car Keys To Robots Next YearSelf-driving car experts fear Musk is shirking public safety in an effort to boost Tesla's stock and sell more of the company's electric cars. This amid lingering questions about whether the 15-year-old automaker can consistently make money.
Elon Musk, SEC Told To Meet For At Least 1 Hour About Tweets"We have always felt that we should be able to work through any disagreements directly with the SEC, rather than prematurely rushing to court."
SEC: Musk's Contempt Defense 'Borders On The Ridiculous'Legal experts say it's unlikely that Musk will be punished severely, but the commission wants to get on the record that Musk violated the terms, to prepare for any future violations.
Tesla Defies Convention And Pays For It As Shares SlideThe base price for the Model 3, Tesla's cheapest car, is now $44,000. Musk believes the mid-$30,000 range is the sweet spot.
Automakers Recall 1.7 Million Cars With Fatal AirbagsThe inflators can hurl shrapnel into drivers and passengers. At least 23 people have died from the problem worldwide and hundreds more were injured.
Elon Musk's First Tunnel Is finished. Here's What It's Like To Ride In ItIn Chicago, the Boring Company was selected in June to tunnel a route from downtown to O'Hare Airport. But a contract hasn't been finalized yet, according to a spokesman for Chicago Mayor Rahm Emanuel. Key details like the exact route and pricing remain unclear.
Musk Suggests Tesla's New Chairwoman Won't Rein Him InAmid its CEO's erratic behavior, Tesla delivered on promises to accelerate production of its pivotal Model 3 sedan, progress seen as essential to the company's ability to repay $1.3 billion in debt due within the next six months.
Elon Musk To Pay $20M And Quit As Tesla Chairman In SEC DealMusk will be allowed to say as CEO but must leave his role as chairman of the board within 45 days.
What The Smart Money Is Saying About TeslaTesla's stock fell 12% to $270 a share on Friday.
SEC Sues Elon Musk"This is serious. This is what you go after insider traders and market manipulators on."
More Tesla Turmoil: VP Of Worldwide Finance Is OutHe cited the work pace at Tesla and the "level of public attention placed on the company" as his reasons for leaving.