Latest Tesla Inc News

FILE - In this Jan. 15, 2020, file photo specialist Scott Vasilisin, right works with trader Michael Milano on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 22. (AP Photo/Richard Drew, File)

US stocks flat as health authorities focus on China virus

Jan. 22, 2020 5:01 PM EST

Major U.S. stock indexes ended little changed Wednesday after an early rebound rally faded in the final minutes of trading. The S&P 500 and Nasdaq composite eked out tiny gains, while the Dow Jones Industrial Average finished slightly lower. Gains in technology, financial and health care stocks outweighed...

FILE - In this Jan. 19, 2020, file photo Elon Musk, founder, CEO, and chief engineer/designer of SpaceX speaks during a news conference at the Kennedy Space Center in Cape Canaveral, Fla. The meteoric rise of Tesla shares that pushed the company's value over $100 billion could turn into a supercharged payday for CEO Elon Musk. (AP Photo/John Raoux, File)

Tesla passes $100 billion, teeing up big payout for Musk

Jan. 22, 2020 4:55 PM EST

DETROIT (AP) — The meteoric rise of Tesla shares that recently pushed the company's value over $100 billion could turn into a supercharged payday for CEO Elon Musk. Stock in Tesla Inc. rose another 4.1% Wednesday, pushing the market value of the electric vehicle and solar panel maker past a critical...

FILE - In this Nov. 10, 2019, file photo the company logo shines off the grille of an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Tesla will be able to sell and service its vehicles in the back yard of Detroit’s three automakers under a lawsuit settlement, a person briefed on the matter says. The settlement between the office of Michigan Attorney General Dana Nessel and Tesla is likely to be announced Wednesday, Jan. 22, 2020, says the person who asked not to be identified because terms of the deal haven’t been made public. (AP Photo/David Zalubowski, File)

Michigan lifts barriers to Tesla sales, settling lawsuit

Jan. 22, 2020 12:39 PM EST

DETROIT (AP) — Michigan has cleared the way for Tesla to sell more electric vehicles in the state and get them serviced under a deal filed Wednesday that settles a lawsuit by the automaker. It won't be as simple as Tesla opening a dealership on a corner lot. But consumers at least won't have to leave...

In this Wednesday, Jan. 8, 2020 photo members of a bomb disposal team search for World War II munition at the site of the planned new Tesla Gigafactory in Gruenheide near Berlin, Germany. Tesla CEO Elon Musk said during an awards ceremony in Berlin in November 2019 that 'we have decided to put the Tesla Gigafactory Europe in the Berlin area.' The company will also set up an engineering and design center in Berlin, Musk said. He wrote on Twitter that the new plant 'will build batteries, powertrains & vehicles, starting with Model Y.' (AP Photo/Michael Sohn)

WWII-era ammunition found at Tesla factory site near Berlin

Jan. 22, 2020 9:32 AM EST

BERLIN (AP) — Authorities in Germany say 85 kilograms (187 pounds) of World War II ammunition have been found on the site where Tesla plans to build its first European factory. Local newspaper Maerkische Oderzeitung quoted officials in Brandenburg on Wednesday as saying they estimate about 25 unexploded...

This undated image provided by Cruise shows a rendering of an unorthodox electric vehicle called

GM's Cruise heads down new road with new robotaxi concept

Jan. 22, 2020 12:54 AM EST

SAN FRANCISCO (AP) — General Motors' self-driving car company will attempt to deliver on its long-running promise to provide a more environmentally friendly ride-hailing service in an unorthodox vehicle designed to eliminate the need for human operators to transport people around crowded cities. The...

FILE - In this Nov. 10, 2019, file photo the company logo shines off the grille of an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Tesla will be able to sell and service its vehicles in the back yard of Detroit’s three automakers under a lawsuit settlement, a person briefed on the matter says. The settlement between the office of Michigan Attorney General Dana Nessel and Tesla is likely to be announced Wednesday, Jan. 22, 2020, says the person who asked not to be identified because terms of the deal haven’t been made public. (AP Photo/David Zalubowski, File)

Tesla can sell vehicles in Michigan under legal settlement

Jan. 21, 2020 5:33 PM EST

DETROIT (AP) — Tesla will be able to sell and service its vehicles in the backyard of Detroit’s three automakers under a lawsuit settlement, a person briefed on the matter says. The deal between the state of Michigan and Tesla is likely to be announced Wednesday, said the person, who asked not to be...

Tesla disputes claims its cars can accelerate on their own

Jan. 20, 2020 4:50 PM EST

Tesla is disputing claims by a California man that all three models of the company's cars can suddenly speed up on their own without the driver touching the accelerator pedal. Tesla said Monday it checks when drivers report that their car accelerated on its own, and in every case where the company has the car's...

In this Friday, Jan. 17, 2020, photo provided by NASA, astronauts Doug Hurley, left, and Robert Behnken pose in front of a Tesla Model X at a SpaceX launch dress rehearsal, at Kennedy Space Center, in Florida. The NASA astronauts rode to the pad in the Tesla. (Kim Shiflett/NASA via AP)

No astrovans for SpaceX, crews riding to rockets in Teslas

Jan. 19, 2020 6:43 PM EST

CAPE CANAVERAL, Fla. (AP) — Astronauts launched by SpaceX in coming months will ride to their rockets in high fashion. Instead of using a retro-style astrovan, SpaceX crews will travel to the launch pad in Tesla sports cars. Elon Musk, who also runs both SpaceX and the electric car company, used Teslas to...

A Falcon 9 SpaceX rocket lifts off from pad 39A during a test flight to demonstrate the capsule's emergency escape system at the Kennedy Space Center in Cape Canaveral, Fla., Sunday, Jan. 19, 2020. (AP Photo/John Raoux)

SpaceX launches, destroys rocket in astronaut escape test

Jan. 19, 2020 6:33 PM EST

CAPE CANAVERAL, Fla. (AP) — SpaceX completed the last big test of its crew capsule before launching astronauts in the next few months, mimicking an emergency escape shortly after liftoff Sunday. No one was aboard for the wild ride in the skies above Cape Canaveral, just two mannequins. The nine-minute...

FILE- This Sept. 30, 2016, file photo shows the logo of the Tesla model S at the Paris Auto Show in Paris, France.  The U.S. government's auto safety agency is looking into allegations that all three of Tesla's electric vehicles can suddenly accelerate on their own. An unidentified person petitioned the National Highway Traffic Safety Administration asking for an investigation into the problem. The agency says the allegations include about 500,000 Tesla Model 3, Model S and Model X vehicles from the 2013 through 2019 model years. (AP Photo/Christophe Ena, File)

US agency examining Tesla unintended acceleration complaint

Jan. 17, 2020 6:24 PM EST

DETROIT (AP) — The U.S. government's auto safety agency is looking into allegations that all three of Tesla's electric vehicle models can suddenly accelerate on their own. Brian Sparks of Berkeley, California, petitioned the National Highway Traffic Safety Administration asking for an investigation. An...