Latest Tesla Inc News

FILE - In this Wednesday Nov. 6, 2013, file photo, the Twitter logo appears on an updated phone post on the floor of the New York Stock Exchange. Twitter says the hackers responsible for a recent high-profile breach used the phone to fool the social media company's employees into giving them access. The company revealed a few more details late Thursday, July 30, 2020 about the hack earlier this month, which it said targeted “a small number of employees through a phone spear phishing attack.”  (AP Photo/Richard Drew, File)

Florida teen arrested as mastermind of Twitter hack

Aug. 1, 2020 1:14 AM EDT

MIAMI (AP) — A Florida teen was identified Friday as the mastermind of a scheme earlier this month that commandeered Twitter accounts of prominent politicians, celebrities and technology moguls and scammed people around the globe out of more than $100,000 in Bitcoin. Two other men were also charged in the...

FILE - This Oct. 17, 2018 photo shows a Chevrolet Volt hybrid car charging at a ChargePoint charging station at a parking garage in Los Angeles.  The country, and the world, will need thousands more for drivers to accept vehicles that are powered by batteries alone. But automakers and charging companies are struggling to raise the numbers now because they’re investing before demand arrives. With more than 40 fully electric vehicles on the market in the U.S. or coming within the next three years, however, auto and charging company executives say the demand is on the way.(AP Photo/Richard Vogel, File)

Plug it in: Electric car charging station numbers are rising

Jul. 31, 2020 4:27 PM EDT

DETROIT (AP) — When the electric car revolution arrives, will there be enough places to plug in? There are now 26,000 electric vehicle charging stations open to the public in the U.S., with more than 84,000 plugs. But the country, and the world, will need thousands more if drivers are going to adopt...

FILE - The Amazon DTW1 fulfillment center is shown in Romulus, Mich.  Amazon is heading to space. The online shopping giant received government approval to put more than 3,200 satellites into orbit that would beam down internet service to earth. Amazon said the satellites could provide internet to parts of the world that don’t have it.   (AP Photo/Paul Sancya, File)

Amazon closer to launching satellites, upping internet reach

Jul. 31, 2020 10:37 AM EDT

NEW YORK (AP) — Amazon.com is one step closer to space. The company received government approval to put more than 3,200 satellites into orbit with the goal of beaming internet service to earth. Amazon said the satellites could provide internet to parts of the world that don't have it. It could also become...

FILE - In this  Oct. 20, 2019 file photograph, the company logo shines off the grille of an unsold 2019 F-250 pickup truck at a Ford dealership in Littleton, Colo. Ford Motor Co. reports quarterly financial results after the market close, Thursday, July 30 2020. (AP Photo/David Zalubowski, File)

Ford's results not as grim as expected for virus-marred 2Q

Jul. 30, 2020 6:39 PM EDT

DETROIT (AP) — Ford Motor Co. posted results on Thursday that were not as grim as expected for its second quarter that saw its U.S. factories shuttered for half the period to combat the spread of the coronavirus and car buyers sheltering in place. Ford reported a $1.12 billion second-quarter net profit,...

FILE- In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange.  Even though General Motors was able to reopen its U.S. factories for the last half of the second quarter, the company still lost $806 million from April 2020 through June. The Detroit automaker had to close its plants from March 18 to May 18 due to the coronavirus, but production didn’t resume fast enough to hold off a net loss. (AP Photo/Richard Drew, File)

Plant closings send GM to 2Q loss, but signs of improvement

Jul. 29, 2020 3:21 PM EDT

DETROIT (AP) — Even though General Motors was able to reopen its U.S. factories for the last half of the second quarter, the company still lost $806 million from April through June. The Detroit automaker closed its plants on March 18 and they remained idle for two months due to the coronavirus. Production...

A currency trader watches computer monitors near screens showing the Korean Securities Dealers Automated Quotations (KOSDAQ) and the foreign exchange rate at the foreign exchange dealing room in Seoul, South Korea, Friday, July 24, 2020. Worsening China-U.S. friction, worries over aid to Americans and U.S. businesses and a stumble on Wall Street combined to push shares in Asia lower on Friday. (AP Photo/Lee Jin-man)

Asia shares slip after worst S&P 500 loss in nearly 4 weeks

Jul. 24, 2020 12:28 AM EDT

MITO, Japan (AP) — Worsening China-U.S. friction, worries over aid to Americans and U.S. businesses and a stumble on Wall Street combined to push shares in Asia lower on Friday. Shares fell in Hong Kong, Sydney and Shanghai. Tokyo’s markets were closed for a national holiday. Trump administration...

Apple co-founder Steve Wozniak, right, gestures beside his wife Janet Hill during a media conference on Thursday, July 23, 2020, in Burlingame, Calif. Wozniak is launching a legal attack against Google's YouTube video site for allowing con artists to use him as a pawn in a Bitcoin scam believed to have heisted millions of dollars from people around the world. (AP Photo/Ben Margot)

Apple co-founder Steve Wozniak slams YouTube for scam videos

Jul. 23, 2020 5:51 PM EDT

SAN RAMON, Calif. (AP) — Apple co-founder Steve Wozniak is launching a legal attack against Google's YouTube video site for allowing con artists to use him as a pawn in a Bitcoin scam believed to have heisted millions of dollars from people around the world. The personal computer pioneer vented his...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, July 23, 2020. Shares were mixed in Asia on Thursday, with the region’s biggest market in Tokyo closed for a four-day weekend. (AP Photo/Ahn Young-joon)

Shares mixed in Asia after Wall Street advance

Jul. 22, 2020 11:00 PM EDT

MITO, Japan (AP) — Shares were mixed in Asia on Thursday, with the region’s biggest market in Tokyo closed for a four-day weekend. Benchmarks rose in Hong Kong, Sydney and Shanghai but fell in Seoul and Taiwan. The Kospi in Seoul lost 0.5% to 2,217.01 after South Korea reported that its economy...

FILE - In this Sunday, June 28, 2020 file photo, 2020 Model Y electric sports-utility vehicles sit in the parking lot of a Tesla store in Littleton, Colo. Tesla overcame a seven-week pandemic-related shutdown at its U.S. assembly plant to post a $104 million net profit for the second quarter. (AP Photo/David Zalubowski)

Tesla makes $104M profit in 2Q despite factory shutdown

Jul. 22, 2020 8:06 PM EDT

DETROIT (AP) — Tesla overcame a seven-week pandemic-related shutdown at its California assembly plant to post a surprising $104 million net profit for the second quarter. It was the electric car and solar panel maker’s fourth-straight profitable quarter, qualifying it to be included in the S&P...

FILE - In this Monday, May 11, 2020 file photo, a man wearing a mask walks through the Tesla plant parking lot in Fremont, Calif. On Wednesday, July 22, 2020, the electric car maker announced it has picked the Austin, Texas, area as the site for its largest auto assembly plant employing at least 5,000 workers. (AP Photo/Ben Margot)

Tesla picks Texas site for second US vehicle assembly plant

Jul. 22, 2020 6:36 PM EDT

Electric car maker Tesla Inc. has picked the Austin, Texas, area as the site for its largest auto assembly plant employing at least 5,000 workers. The new factory will build Tesla’s upcoming Cybertruck pickup and will be a second U.S. manufacturing site for the Model Y small SUV, largely for distribution...