tesla Tesla Sues Alameda County Over Factory Reopening Restrictions Tesla takes legal action against Alameda County to overturn local health orders that block its Fremont factory from resuming operations. CEO Elon Musk threatens to move the company's headquarters out of California if the shutdown continues.
tesla Tesla Shares Drop After Musk Declares Stock Price Too High Tesla CEO Elon Musk causes a sudden drop in the company's stock price by tweeting that it is "too high," raising questions about a prior agreement with the SEC.
tesla Elon Musk Declares Tesla Stock Price Too High Amid Market Surge Tesla CEO Elon Musk tweets that his company's stock price is too high, causing an immediate drop in share value. The unusual public admission puzzles investors as Tesla's valuation continues to climb.
tesla Tesla Achieves Third Consecutive Profit Despite Pandemic Disruption Tesla earns $16 million in the first quarter by cutting operating expenses and boosting automotive margins. However, the company reports negative free cash flow amid the COVID-19 outbreak.
tesla Tesla Appoints Notable Short-Selling Critic to Board of Directors Tesla welcomes Hiromichi Mizuno, the former chief investment officer of Japan's massive pension fund, to its board of directors. Mizuno brings a strong history of opposing short selling and promoting long-term corporate value.
jack dorsey Tech Leaders Pledge Billions as Pandemic Forces Factory Closures Jack Dorsey dedicates $1 billion of his Square equity to COVID-19 relief, while Tesla furloughs workers and extends its factory shutdowns through early May.
tesla Tesla Slashes Nevada Gigafactory Workforce by 75% Amid Pandemic Tesla drastically reduces on-site staff at its Nevada Gigafactory by 75% as COVID-19 continues to spread. This decision follows a similar move by partner Panasonic to temporarily pull all of its employees from the facility.
tesla Tesla Reopens New York Factory to Produce Critical Ventilators Elon Musk announces that Tesla's Buffalo gigafactory will reopen to manufacture ventilators amid the COVID-19 pandemic. The automaker joins GM and Ford in pledging resources to address the severe shortage of life-saving medical equipment.
tesla Tesla Reopens New York Factory to Produce Critical Ventilators Tesla plans to quickly reopen Gigafactory New York to manufacture ventilators amid the COVID-19 crisis. The automaker is also partnering with Medtronic to build the medical devices at its Fremont facility.
apple Tech Stocks Plummet as Coronavirus Fears Disrupt Global Supply Chains Apple leads a widespread tech stock decline as coronavirus fears threaten to delay new iPhone production and disrupt global supply chains. Major Bay Area tech companies experience significant losses amid growing concerns about the disease's international spread.
tesla Tesla Raises $2 Billion in Surprise Stock Offering Tesla prices a $2 billion secondary stock offering at $767 per share, reversing its earlier stance against raising capital. The automaker plans to use the funds to strengthen its balance sheet amid rising capital expenditure forecasts.
tesla Tesla Experiences Record Volatility Amid Massive Short Squeeze and Virus Fears Tesla stock swings wildly as a massive short squeeze drives shares to nearly $970 before coronavirus fears trigger a sharp reversal. Unprecedented trading volume highlights the extreme investor frenzy surrounding the electric vehicle maker.
automotive Automotive Innovations and EV Growth Mark the End of the Decade As the decade closes, the auto industry shows strong momentum toward electric vehicles and emissions reduction. From Tesla's Chinese manufacturing to VW's ambitious production targets, the future of driving is rapidly changing.
tesla Tesla Nears Final Land Agreement for Massive European Gigafactory Tesla is finalizing a contract to secure 740 acres of land in Brandenburg, Germany for its upcoming European Gigafactory. The company also submits environmental impact documents as it prepares to build vehicles and batteries near Berlin.
tesla Tesla Adds Stardew Valley to In-Dash Display in Holiday Update Tesla's upcoming holiday software update brings the popular farming RPG Stardew Valley to the car's in-dash display. The game joins a growing list of parking-only entertainment options designed to occupy drivers while charging.