Tesla

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Judge Says Musk Made Knowingly False Statements

Next, a jury will need to decide how much damage he caused

(Newser) - In a pre-trial ruling, a federal judge in California has determined that Elon Musk was "inaccurate and reckless" when—out of the blue one summer morning in 2018—he tweeted, "Am considering taking Tesla private at $420. Funding secured.” Musk had indeed talked to Saudi investors about...

New Ford Ad Doesn't Mention Musk, but It Doesn't Have To

Spot mocks loudmouths who want to 'fly away on their personal spaceships'

(Newser) - Ford is out with a new TV spot that Advertising Age says "appears to be a subtle shot" at Elon Musk in the auto wars. That might be understating things. While the ad does not mention Musk by name, the implication is clear and full of snark. “Right...

Musk Loses Bid to End Restrictions on His Tweets

Judge says Tesla CEO can't back out of 2018 agreement with regulators

(Newser) - Elon Musk has vowed to make Twitter "an inclusive arena for free speech" if his deal to buy the company goes through—but his own tweets will remain restricted. A federal judge in New York has rejected Musk's bid to end an agreement with the Securities and Exchange...

Tesla Shares Sank Tuesday, and the Questions Began

The big one: If share value keeps dropping, how does that impact the Twitter deal?

(Newser) - Tuesday wasn't a good day for the markets in general, but it was particularly unkind to Tesla, whose shares closed down 12.2%. That erased more than $125 billion from the electric vehicle maker's market value, and it has some analysts wondering whether that could turn into an...

Tesla Shares Surge on News of Another Stock Split

Meanwhile, CEO Elon Musk has COVID

(Newser) - Shares of Tesla rose sharply Monday after the electric car maker announced its second stock split in less than two years. The company said in a regulatory filing, and also in a tweet , that it plans to make a request at its upcoming annual shareholders meeting to increase its number...

'People Should Not Drive Teslas Over My House'
'People Should 
Not Drive
Teslas Over
My House'
IN CASE YOU MISSED IT

'People Should Not Drive Teslas Over My House'

Tesla police name TikTok star as person of interest in car stunt

(Newser) - Update: The LAPD may have their man. Police have named TikTok star Dominykas Zeglaitis as a "person of interest" in a Tesla stunt that resulted in what they consider to be a hit-and-run crash, reports USA Today . One big reason: Zeglaitis (@dominykas) has been claiming credit for the airborne...

Student Who Vanished on 'Erratic' Road Trip Found Dead

Chris Liang's body was found in crashed Tesla

(Newser) - A missing University of San Francisco student has been found dead in the wreckage of the Tesla he rented for what his brother calls an impulsive and "erratic" road trip. In an Instagram post late last week, Jerry Liang said family members were extremely worried about 21-year-old Chris Liang,...

Ford Is Breaking Up
Ford Is Breaking Up

Ford Is Breaking Up

CEO says restructuring will help company beat the competition in electric vehicles

(Newser) - Ford will split its electric vehicle and internal combustion operations into two distinct but strategically interdependent businesses as part of a major restructuring to accelerate its adaptation of new technology, the Detroit automaker said Wednesday, adding its transformation into an EV company is accelerating. Ford Model e—to be led...

Biden's SOTU Triggers More Bashing From Elon Musk

Tesla CEO, who's long had a beef with president, was apparently torqued Tesla wasn't mentioned

(Newser) - Iowa's governor wasn't the only one to take aim at President Biden's State of the Union speech on Tuesday night. Elon Musk, who's long irked Biden's team for his constant criticism of the White House, didn't seem happy that during the annual address Biden...

Report: SEC Has Its Eye on Elon Musk's Brother

Kimbal Musk sold $108M in shares the day before Elon Musk posted Twitter poll

(Newser) - In November, Elon Musk sold Tesla shares worth billions of dollars after polling Twitter users about the move. The Securities and Exchange Commission is now taking a close look at stock sales made by his brother, Kimbal Musk, a day before the poll was posted, the Wall Street Journal reports,...

Yoke Steering Wheel Blamed for Tesla's Rankings Tumble

Electric vehicle maker dropped 7 places in the 'Consumer Reports' list of 32

(Newser) - Tesla has tumbled down the rankings in the latest Consumer Reports list of car brands—and its Model 3 is no longer the top electric vehicle in the magazine's list of top picks. Tesla dropped seven places in the brand rankings to No. 23 out of 32 because of...

Tesla Tells Judge the SEC Scrutiny of Musk Is Harassment

Company says agency is picking on the CEO because he's critical of government

(Newser) - The latest tit-for-tat involving Elon Musk, his company, and the Securities and Exchange Commission could again test the patience of the federal judge who oversaw the 2018 settlement limiting Musk's tweets. When the SEC complained the next year that new tweets from Musk had broken the rules, US District...

SEC: Elon Musk Gave $5.7B in Tesla Shares
From Elon Musk,
a $5.7B Gift

From Elon Musk, a $5.7B Gift

SEC filing indicates Musk donated 5M Tesla shares to unidentified charity or charities in November

(Newser) - Elon Musk kicked off the holiday season at the end of last year with a rather large gift: about $5.7 billion in Tesla shares, donated to an unidentified charity or charities. CNN Business reports that the comped 5,044,000 shares, presented between Nov. 19 and Nov. 29, were...

Recall Affects a Goofy Feature of Tesla Horns

No more fart sounds or animal noises while the car is in motion

(Newser) - No longer will Teslas be allowed to emit fart noises or animal sounds while in motion. They can, however, still do so while parked. That, as the Miami Herald reports, is the upshot of an unusual recall involving the vehicles made by Elon Musk's company. A Tesla "Boombox"...

California Regulators Are Taking Tesla to Court

Agency says there was a 'hostile environment' for Black workers at main plant

(Newser) - Regulators in California are taking Tesla to court for allegedly operating a "racially segregated workplace." In a complaint filed in state court Wednesday, the California Department of Fair Employment and Housing said there are major workplace issues at the firm's main US car plant, the Wall Street ...

Tesla Issues Recall Over 'Rolling Stops'

54K cars, SUVs recalled due to Full Self-Driving feature that critics say is unsafe

(Newser) - Tesla is recalling nearly 54,000 cars and SUVs because its "Full Self-Driving" software lets them roll through stop signs without coming to a complete halt. Documents posted Tuesday by US safety regulators say Tesla will disable the feature with an over-the-internet software update, per the AP . The "...

Charges Against Tesla Owner Appear to Be a First

Kevin George Aziz Riad faces two counts of vehicular manslaughter in 2019 crash

(Newser) - California prosecutors have filed two counts of vehicular manslaughter against the driver of a Tesla on Autopilot who ran a red light, slammed into another car, and killed two people in 2019. The defendant appears to be the first Tesla owner to be charged with a felony in the United...

Tesla Finds Way Around China for Battery Ingredient

Automaker finds a source of graphite in Mozambique

(Newser) - Tesla is turning to Mozambique for a key component in its electric car batteries in what analysts believe is a first-of-its-kind deal designed to reduce its dependence on China for graphite. Elon Musk's company signed an agreement last month with Australia's Syrah Resources, which operates one of the...

Tesla Self-Driving Feature Puts Car in 'Assertive' Mode

It allows vehicle to shorten follow distance, come to 'rolling stops'

(Newser) - A Tesla self-driving feature is drawing backlash for what some are saying could lead to too-aggressive driving. The Verge reports that the company's Full Self-Driving (FSD) beta allows vehicle operators to choose from one of three driving modes that control how the car reacts to road conditions: "Chill,...

Tesla's New Showroom Is Subject of Much Consternation

American activists want the Xinjiang location closed immediately

(Newser) - American activists are appealing to Tesla to close a new showroom in China’s northwestern region of Xinjiang, where officials are accused of abuses against mostly Muslim ethnic minorities. China is one of Tesla's biggest markets, and the company on Friday announced the opening of its showroom in Urumqi,...

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