Federal regulators say Musk had “not even discussed, much less confirmed, key deal terms.” The Securities and Exchange Commission sued Tesla CEO Elon Musk on Thursday, alleging that the billionaire tech entrepreneur misled the market when he tweeted last month that he had “funding secured” to take the electric carmaker private. The suit asks that […]

Tesla Inc (TSLA.O) and its Chief Executive Elon Musk are under criminal investigation by the U.S. Department of Justice over public statements about taking the electric carmaker private, Bloomberg reported on Tuesday. Tesla did not immediately respond to a request for comment, while DoJ declined to comment. Federal prosecutors opened a fraud investigation, the report […]

Elon Musk, the acclaimed founder and CEO of Tesla and SpaceX, recently reached out to Dogecoin creator and Adobe product lead Jackson Palmer to eliminate Ethereum giveaway scammers on Twitter. For many months, ETH giveaway scams have plagued Twitter by spamming messages on the feed of public figures in and outside of the crypto sector […]

Tesla Inc (TSLA.O) will eliminate some color options for its electric cars to streamline production, Chief Executive Officer Elon Musk tweeted on Tuesday, as the company intensifies its efforts to ramp up production. Tesla currently offers seven colors for its vehicles that include top variant Model S, mid level Model X and its most affordable […]

We’re obviously very interested in hybrid vehicles here at Ars Technica; our very first car review back in 2000 was on the then-new Honda Insight. But while we’ve covered the development of hybrid cars since then, we haven’t paid quite as much attention to other parts of the transportation sector. As it turns out, there’s […]

Tesla chief executive Elon Musk says he will no longer be taking the electric car maker private, just two weeks after saying he was considering a deal. The plan was cancelled after a board meeting on Thursday, he wrote in a post published on the company’s site. Since Mr Musk announced his plan to delist […]

Tesla shares fell under $300 on Monday amid growing doubts about Elon Musk’s ability to take the company private. Shares in the electric car maker are down more than a fifth since he revealed the plan in a tweet on 7 August. Some analysts predict Tesla still has further to fall: JPMorgan Chase has cut […]

After leaving in 2013 to join Tesla, Doug Field has now made his way back to Apple. As noted in a report from Daring Fireball, Field is returning to Apple to work alongside Bob Mansfield on Apple’s Project Titan car team… While Apple confirmed that Field is now back at the company, Apple did not confirm that […]

Tesla boss Elon Musk has suggested via Twitter that he is “considering” taking the electric car firm private. In his tweet, Mr Musk said he could buy outstanding shares in the firm for $420 each, around a fifth higher than the share’s current price. “Funding secured”, the tweet added, offering no further details on where […]

SHANGHAI – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk on Tuesday landed a deal with Chinese authorities to build a new auto plant in Shanghai, its first factory outside the United States, that would double the size of the electric car maker’s global manufacturing. The deal was announced as Tesla raised prices on U.S.-made […]