Latest Tesla Inc News

FILE - In this Feb. 2, 2020 file photograph, the company logo sits on an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Shares of Tesla Inc. fell 4% in early trading Thursday, Feb. 13, after the electric vehicle and solar panel maker said it would sell more than $2 billion worth of additional shares. The move comes just two weeks after CEO Elon Musk said the company had enough cash to fund its capital programs and it didn't need to raise any more money. (AP Photo/David Zalubowski, File)

German court halts site preparation for Tesla factory

Feb. 16, 2020 4:28 PM EST

A German court has temporarily halted the site preparation for Tesla Inc.'s first electric car factory in Europe. The Higher Administrative Court for Berlin-Brandenburg ordered Tesla to stop clearing trees on the wooded site near Berlin until it considers an environmental group's appeal. In a statement Sunday,...

FILE - In this Feb. 2, 2020 file photograph, the company logo sits on an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Shares of Tesla Inc. fell 4% in early trading Thursday, Feb. 13, after the electric vehicle and solar panel maker said it would sell more than $2 billion worth of additional shares. The move comes just two weeks after CEO Elon Musk said the company had enough cash to fund its capital programs and it didn't need to raise any more money. (AP Photo/David Zalubowski, File)

Tesla prices its second offering of stock at $767 apiece

Feb. 14, 2020 7:41 AM EST

PALO ALTO, Calif. (AP) — Tesla priced its second offering of stock at $767 apiece Friday. An announcement Thursday that Tesla would put an additional $2 billion worth of stock on the market surprised almost everyone. Just two weeks ago, CEO Elon Musk said the company had enough cash to fund its capital...

Tempur Sealy, Redfin rise; Nu Skin, MGM Resorts fall

Feb. 13, 2020 4:15 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday: Applied Materials Inc., up $2 to $67.37 The chipmaking equipment company gave investors a surprisingly good profit and revenue forecast, along with solid earnings. Nu Skin Enterprises Inc., down $5.82 to $29.97 The seller of...

FILE - In this Feb. 2, 2020 file photograph, the company logo sits on an unsold 2020 Model X at a Tesla dealership in Littleton, Colo. Shares of Tesla Inc. fell 4% in early trading Thursday, Feb. 13, after the electric vehicle and solar panel maker said it would sell more than $2 billion worth of additional shares. The move comes just two weeks after CEO Elon Musk said the company had enough cash to fund its capital programs and it didn't need to raise any more money. (AP Photo/David Zalubowski, File)

Tesla offers $2B in added shares, discloses SEC subpoena

Feb. 13, 2020 12:49 PM EST

DETROIT (AP) — Tesla said that is selling $2 billion worth of additional stock, that its U.S. revenue fell last year and that securities regulators are scrutinizing its finances. All of the developments Thursday were disclosed in filings with U.S. Securities and Exchange Commission, which in December...

This undated combination of photos shows clockwise from top left the logos for Nissan, Honda, Mazda and Subaru. Sixty-four cars and SUVs sold in the U.S. earned Top Safety Pick awards from the Insurance Institute for Highway Safety. Those with a Top Safety Pick Plus rating are the Honda Insight, Mazda 3 sedan and hatchback, Subaru Crosstrek Hybrid, Mazda 6, Nissan Maxima, Subaru Legacy, the Subaru Outback built after October of last year, and the Toyota Camry. (AP Photos)

64 US vehicles get insurance group's top safety rating

Feb. 13, 2020 12:01 AM EST

DETROIT (AP) — Sixty-four cars and SUVs sold in the U.S. earned Top Safety Pick awards from the Insurance Institute for Highway Safety. The 2020 model year vehicles perform well in crash tests and have headlights available that are rated “good” or “acceptable.” They also have...

FILE - In this March 23, 2018, file photo provided by KTVU, emergency personnel work a the scene where a Tesla electric SUV crashed into a barrier on U.S. Highway 101 in Mountain View, Calif. The Apple engineer who died when his Tesla Model X crashed into the concrete barrier complained before his death that the SUV’s Autopilot system would malfunction in the area where the crash happened. The complaints were detailed in a trove of documents released Tuesday, Feb. 11, 2020, by the U.S. National Transportation Safety Board, which is investigating the March, 2018 crash that killed engineer Walter Huang.  (KTVU-TV via AP, File)

NTSB releases details in 2 crashes involving Tesla Autopilot

Feb. 11, 2020 9:02 PM EST

SAN FRANCISCO (AP) — An Apple engineer who died when his Tesla Model X slammed into a concrete barrier had previously complained about the SUV malfunctioning on that same stretch of Silicon Valley freeway. His complaints were detailed in a trove of documents released Tuesday by federal investigators in two...

FILE - In this Nov. 28, 2018, file photo, snow covers the perimeter of the General Motors' Lordstown plant, in Lordstown, Ohio. The Trump administration’s budget proposal scraps a loan program that could help an upstart electric vehicle company’s plans to reuse the now-closed General Motors factory in Lordstown, Ohio. (AP Photo/John Minchillo, File)

Trump budget targets loan program that could help Lordstown

Feb. 10, 2020 7:22 PM EST

DETROIT (AP) — The Trump administration’s budget proposal scraps a loan program that could help an upstart electric vehicle company’s plans to reuse the now-closed General Motors factory in Lordstown, Ohio. In a summary of the budget for the coming fiscal year, the administration said Monday...

Specialist Jay Woods works at his post on the floor of the New York Stock Exchange, Thursday, Feb. 6, 2020. U.S. stocks rose in midday trading Thursday as investors continued focusing on the latest round of corporate earnings and China cut tariffs on key imports as part of a trade war truce. (AP Photo/Richard Drew)

Asian stock markets retreat after surge on China tariff cut

Feb. 6, 2020 11:38 PM EST

Asian stock markets retreated Friday following a surge after China announced a tariff cut on U.S. imports. Market benchmarks in Shanghai, Hong Kong, Seoul and Sydney all declined. Tokyo was flat. Major Asian markets jumped more than 2% on Thursday after Beijing said it will cut duties on $75 billion of U.S. goods...

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Feb. 6, 2020. Asian stock markets have surged after President Donald Trump was acquitted in an impeachment trial and China promised tax cuts and other help to businesses reeling from a virus outbreak. (AP Photo/Ahn Young-joon)

Global stocks surge after Trump acquitted, China virus aid

Feb. 6, 2020 7:57 AM EST

Global stocks rose Thursday after U.S. President Donald Trump was acquitted in an impeachment trial and China cut tariffs on U.S. imports and provided aid to businesses reeling from a virus outbreak. European markets were up modestly, while Tokyo, Hong Kong and Seoul rose more than 2%. Wall Street futures pointed...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Feb. 5, 2020. Asian shares rose Wednesday on optimism that China's latest actions may help curtail some of the expected economic damage from the virus outbreak. (AP Photo/Ahn Young-joon)

Stocks rise on hopes China virus damage can be curbed

Feb. 5, 2020 7:33 AM EST

TOKYO (AP) — Stock markets rose Wednesday on optimism that China's latest actions may help curtail some of the expected economic damage from the virus outbreak. Investors welcomed a decision by China’s central bank to inject $57 billion into its markets. The move is the latest step by Beijing to...