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BlackRock voted to replace Tesla's Musk with independent chairman
BlackRock-managed funds voted for a measure requiring the chairman be an independent director, according to BlackRock’s filing with the US Securities and Exchange Commission on Thursday.
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Tesla CEO Musk drops pursuit of $72 billion take-private deal
The decision leaves Tesla as a publicly listed company but raises new questions about its future.
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Musk's Tesla buyout plan could test Wall Street's nerves
CEO Elon Musk’s suggestion on Tuesday that he wanted to take Tesla private at $420 a share, putting a value of $72 billion on the carmaker.
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Tyler Perry buys Tiffany Haddish a Tesla
The 'Girls Trip' star took to Instagram on Friday to reveal her pal and 'Nobody's Fool' co-star Perry had splashed the cash on a brand new car for the star after she revealed earlier this year that the model was her dream vehicle.
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CEO Musk emails staff alleging employee 'sabotage'
Company spokeswoman Gina Antonini declined to comment on the email.
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Tesla cutting 9% of jobs – Elon Musk
The billionaire Chief Executive said that the cuts were part of a simplification of Tesla’s management structure promised last month.
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Tesla Model 3 fails to get Consumer Reports nod due to 'big flaws'
The car is seen as crucial to Tesla’s profitability at a time when it is battling to reverse production shortfalls.
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US safety agency reviewing fatal Tesla crash in Florida
NHTSA said in a statement it was “gathering information on the tragic crash in Fort Lauderdale, Florida to understand all of the facts.
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Musk insists Tesla does not need more capital, predicts profit soon
Tesla has already sought this month to play down widespread Wall Street speculation that it would need to return to capital markets this year to raise more funds.
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Tesla says crashed vehicle had been on autopilot prior to accident
The statement did not say why the Autopilot system apparently did not detect the concrete divider.
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Tesla sets massive stock awards for Musk based on boosting market value
The unexpected compensation arrangement involves no salary or cash bonus but sets up rewards for Elon Musk multiplying Tesla’s market value as much as ten-fold to $650 billion over the next 10 years.
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Tesla switches on giant battery to shore up Australia's grid
Tesla won a bid in July to build the 129-megawatt hour battery for South Australia, which expanded in wind power far quicker than the rest of the country, but has suffered a string of blackouts over the past 18 months.
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Tesla reaffirms effort to build cars in China; mum on deal report
Tesla would still have to pay a 25% duty on cars built in a free trade zone, but it could lower its production costs.
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Tesla fired hundreds of employees in past week
The dismissals were a result of a company-wide annual review, Tesla said in an emailed statement.
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Tesla developing self-driving tech for semi-truck, wants to test in Nevada
Tesla Inc is developing a long-haul, electric semi-truck that can drive itself and move in "platoons" that automatically follow a lead vehicle.
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[LISTEN] How quickly are electric cars catching up?
Nicol Louw, Technical editor for Car Magazine talks about the fast growing market for electronic cars and how this can transform the local market.
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Tesla's Musk hands over first Model 3 electric cars to early buyers
Musk showed off the $35,000 base vehicle with a range of 350 km on a charge that marks a departure from the company's earlier luxury electric cars.
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Elon Musk on mission to link human brains with computers in four years: report
Neuralink is aiming to bring to the market a product that helps with certain severe brain injuries due to stroke, cancer lesion etc.