AUSTIN, Texas—Shares of Tesla rose slightly Thursday despite news that CEO Elon Musk sold another $3.58 billion worth of the electric vehicle maker’s stock this week. The stock closed at $157.67, up less than 1 percent but still close to its two-year lows. Tesla did fare better than the broader U.S. stock market, where concerns…
Tesla Shares Fall as Investors Bash Musk’s Twitter Focus
SAN FRANCISCO—Tesla shares extended declines to hit their lowest level in more than two years on Wednesday, as investors including a “fanboy” of CEO Elon Musk lashed out at Musk’s distraction from the electric car company following his buy of Twitter. Shares of Tesla, the world’s most valuable carmaker, is one of the worst performing…
‘If I Commit Suicide, It’s Not Real’: Elon Musk Addresses Speculations About His Mental Health
December 3, 2022
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Elon Musk said during a live Q&A session following the first batch release relating to the “Twitter Files” that he is not having suicidal thoughts, as some have been suggesting. The comment was a response to a question about whether the new Twitter CEO was “suicidal” because there had been lots of talk about Musk’s mental…
Tesla to Issue Software Updates for 435,000 Cars in China Over Marker Light Issue
SHANGHAI—Tesla Inc. will issue software updates for more than 435,000 vehicles in China to fix an issue with side marker lights that could in extreme circumstances lead to a collision, a regulatory body said. The fix, which counts as a recall, will be issued by an over-the-air update. It covers 142,277 Model 3 cars and…
Musk Delivers First Tesla Truck, but No Update on Output, Pricing
Tesla Inc. Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo without offering updated forecasts for the truck’s pricing, production plans or how much cargo it could haul. Musk, who appeared onstage at an event at Tesla’s Nevada plant, said the battery-powered, long-haul truck would reduce highway emissions, outperform existing…
Tesla Canada Asks for More Federal Subsidies
Tesla Motors Canada is asking for more federal subsidies in order to install charging stations “within a reasonable distance” for its electric car customers, says the company’s submission to a parliamentary committee. The proposal, however, means Canadian taxpayers will have to subsidize the installations. “Approximately 10 million Canadians or about one quarter of all Canadian…
Tesla’s Full Self-Driving Beta Now Available to All in North America, Musk Says
Tesla Inc.’s Full Self-Driving Beta software is now available to everyone in North America, Elon Musk said early on Thursday, as the automaker awaits regulatory approval for its cars to be driven without human oversight. “Tesla Full Self-Driving Beta is now available to anyone in North America who requests it from the car screen, assuming…
China Regulator Says Tesla Recalls More Than 80,000 Cars
BEIJING—Tesla Inc. is recalling more than 80,000 China-made and imported cars produced from as early as 2013, for software and seat belt issues, a statement by the Chinese market regulator revealed on Friday. The U.S.-based electric car maker has recalled 67,698 Model S and Model X cars imported to China between Sept. 25, 2013 and…
Elon Musk Names South Korea Among Top Candidates for EV Investment: Yoon’s Office
SEOUL—Tesla chief executive Elon Musk said on Wednesday that South Korea was among its top candidate locations for a factory it plans to build in Asia for making electric vehicles (EVs), according to South Korea’s presidential office. Musk had made the remark in a video call with President Yoon Suk-yeol, adding that the company planned…
Tesla Safety at Center of South Korean Trial Over Fiery, Fatal Crash
SEOUL—In an upscale Seoul neighborhood two years ago, a white Tesla Model X smashed into a parking lot wall. The fiery crash killed a prominent lawyer—a close friend of South Korea’s president. Prosecutors have charged the driver with involuntary manslaughter. He blames Tesla. Choi Woan-jong, who had eked out a living by driving drunk people…
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