TESLA

With the stock market well on its way to its worst year since the financial crisis, mom-and-pop investors appear to be losing interest.

Tesla adds Airbnb cofounder Joe Gebbia to board

Key West resident Dylon Estevez had to walk through floodwaters carrying his dog to safety after his apartment quickly flooded. Estevez shared the video to...

DETROIT — (AP) — U.S. Securities regulators are unlawfully muzzling Tesla CEO Elon Musk, violating his free speech rights by continually trying to enforce a 2018 securities fraud settlement, Musk's lawyer contends in a court brief. The SEC is investigating whether Musk violated the settlement with tweets last November asking Twitter followers if he should sell 10% of his Tesla stock. But in the brief, Musk attorney Alex Spiro contends that the SEC is continually investigating Musk for topics not covered by the settlement. “It forbids future lawful speech on a range of topics absent approval.”Further, Musk's speech is chilled by the threat of SEC investigations and prosecution for contempt of court, the brief said. The whole dispute stems from an October 2018 agreement with the SEC that Musk signed.

A lawyer for Tesla CEO Elon Musk says in court documents that U.S. Securities regulators are unlawfully muzzling his client.

A trial is set to begin Oct. 17 that will decide whether the Tesla CEO must follow through with his $44 billion proposal to buy Twitter.

The deposition, planned for Monday, Tuesday and a possible extension on Wednesday, will not be public. As of Sunday evening it was not clear whether Musk will appear in person or by video. The trial is set to begin October 17 in Delaware Chancery Court, where it's scheduled to last just five days. Musk, the world’s richest man, agreed in April to buy Twitter and take it private, offering $54.20 a share and vowing to loosen the company’s policing of content and to root out fake accounts. Musk indicated in July that he wanted to back away from the deal, prompting Twitter to file a lawsuit to force him to carry through with the acquisition.

Tesla CEO Elon Musk got a reprieve from answering questions from Twitter lawyers Monday, according to several press reports citing anonymous sources.

Musk will need to lean on these deputies as Tesla brings two new factories to full production, and tries to fulfill elusive goals in service and self-driving.

While sales of electric vehicles are showing encouraging signs, other sectors require more attention, the IEA said.

CATL, the world's largest electric vehicle battery maker, is a supplier to companies such as Tesla and Ford.

The US car-safety watchdog says a window glitch is affecting all four Tesla models.

Tesla has announced the recall of more than 1 million vehicles because of a problem with their automatic window reversal systems. >> Read more trending newsThe Associated Press reported that the windows may not do what they are intended to when the window hits an obstruction, violating the federal power window safety standards, according to the National Highway Traffic Safety Administration. Certain vehicles of the following models are affected by the recall:2017 to 2022 Model 3 sedans. 2021 to 2022 Model S sedans. 2021 to 2022 Model X SUVs.

More than a million Model 3, Model Y, Model S and Model X vehicles have windows that can pinch riders.

Tesla is recalling nearly 1.1 million vehicles in the U.S. because the windows can pinch a person’s fingers when being rolled up.

Elon Musk’s hopes to operate his satellite internet firm in Iran require permission from the Treasury Department, which said Tuesday it welcomes applications to support internet freedom in the country, which is largely isolated from western economies.

Xpilot and City NGP is Xpeng's answer to Tesla's Full Self Driving Beta, which the company is currently testing with customers in the U.S.

As the Mosquito Fire rages nearby, Tesla works to limit smoke exposure at Nevada Gigafactory.

BOSTON — (AP) — College photos of Tesla CEO Elon Musk and memorabilia from his girlfriend at the time sold for $165,000 at auction, a Boston auction house said Thursday. Boston-based RR Auction said it was a collection of never-before-seen photos and memorabilia from Musk's college girlfriend, Jennifer Gwynne. Musk changed his Twitter profile to one of the photos Wednesday. Musk and Gwynne dated from 1994 to 1995 when they were both at the University of Pennsylvania. The gold necklace with a small green emerald that Musk gave to Gwynne in late 1994 as a birthday present sold for $51,000.

The company is now surveilling employees' attendance, with Musk receiving detailed weekly reports on absenteeism.

MIAMI — (AP) — A 20-year-old Tesla driver who died with a passenger in a fiery, high-speed crash on a residential South Florida street last year might have been upset after learning he had lost a scholarship, federal investigators said. The driver's friends and family told investigators that he didn't seem unusually perturbed about the scholarship, according to the NTSB report. The driver lost control as he cleared the intersection and veered left onto the median, where the Tesla glanced off one large tree before before smashing its passenger's side door into a second, the NTSB said. The driver never hit the brake, a report said, citing five seconds of data recovered from the car's severely damaged event recorder. The crash damaged the Tesla's high-voltage lithium-ion battery and the car erupted into flames, killing the driver and passenger.

Federal investigators say a 20-year-old Tesla driver who died with a passenger in a fiery, high-speed crash on a South Florida street last year might have been upset after learning he had lost a scholarship.

The automaker is asking its nearly 3,000 dealers to invest upward of $1 million for upgrades to sell all-electric vehicles.

Families of victims of September 11 are outraged over reports that plea deals are in the works for five defendants accused of orchestrating the attacks nearly 21 years ago. The plea deals would take the death penalty off the table, instead allowing the defendants to remain in Guantanamo Bay indefinitely. Catherine Herridge reports.

Tesla said the plant would be focused on the development of "battery-grade lithium hydroxide" and be "the first of its kind in North America."

Leaked audio from Tesla internal meeting confirms VP of Gigafactory Operations Chris Lister has left the company

We're shouting out one company a month for outstanding business savvy

Elon Musk will be able to include new evidence from a Twitter whistleblower as he fights to get out of his $44 billion deal to buy the social media company, but Musk won’t be able to delay a high-stakes October trial over the dispute, a judge ruled Wednesday.

OPEC+ agreed to cut production targets by about 100,000 barrels per day from October.

The insurance firm Axa said it regretted that its crash test caused confusion and admitted that electric vehicles don't catch fire any more often than combustion-engine automobiles.

"People in California think Full Self-Driving is fully automated when it's not," Senate Transportation Committee Chair Lena Gonzalez said.

Nio reported a 6% rise in electric vehicle deliveries in August versus July, while rivals Xpeng and Li Auto saw a fall.

Billionaire and his legal team notify social media platform of "additional bases" for ending the purchase agreement.

Tesla CEO Elon Musk has again filed paperwork to terminate his agreement to buy Twitter, this time based on information in a whistleblower complaint filed by Twitter’s former head of security. In an SEC filing Tuesday, Musk said his legal team notified Twitter of "additional bases" for ending the deal on top of the ones given in the original termination notice issued in July. In a letter to Twitter Inc., which was included in the filing, Musk's advisors cited the whistleblower report by former executive Peiter Zatko — also known by his hacker handle “Mudge." Musk's decision to back out of the transaction sets the stage for a high-stakes legal battle in October. This material may not be published, broadcast, rewritten or redistributed without permission.

Tesla now has to rescind or revise its dress code for factory workers.

DETROIT — (AP) — The National Labor Relations Board has reversed a Trump-era decision by finding that Tesla can't stop factory employees from wearing clothing with union insignias while on the job. The board, in a 3-2 decision released Monday, overruled a 2019 NLRB decision involving Walmart and union clothing. The board said by ruling against Tesla, it reaffirmed a longstanding precedent that it is “presumptively unlawful” for employers to restrict union clothing without special circumstances that justify the ban. Messages were left Monday seeking comment from Tesla and the auto workers union. In April of 2021, Tesla appealed the NLRB ruling to a federal appeals court in New Orleans.

The National Labor Relations Board has found that Tesla can’t stop factory employees from wearing clothing with union insignia while on the job.

Rivian hopes to take on Tesla with its outdoor adventure trucks and SUVs. And its deal with Amazon could help it succeed.

The Delaware judge presiding over Twitter Inc.’s lawsuit to prevent billionaire Elon Musk from backing out of a $44 billion deal to buy the social media company has ordered both sides to turn over more information to opposing lawyers.

Software CEO Dan O'Dowd paid for an ad that purports to show Tesla's FSD system isn't safe. The company disagrees, calling it "misinformation."

NASA's new moon rocket makes its debut next week in a high-stakes test flight before astronauts get on top. The 322-foot rocket will attempt to send an empty crew capsule into a far-flung lunar orbit. (Aug. 25) (AP Video: Cody Jackson)

Xpeng President Brian Gu said one of the vehicles will launch in the first half of next year and can be considered a "strong competitor" to Tesla's Model Y.

NEW YORK — (AP) — Stocks are ticking higher Wednesday as Wall Street waits for a highly anticipated speech about interest rates scheduled for the end of the week. The S&P 500 was 0.6% higher in midday trading, with most of the stocks in the index climbing modestly. Stocks drove higher through the summer on hopes that inflation was near its peak and the Federal Reserve may hike interest rates by less aggressive margins than earlier feared. That’s why Wall Street’s focus is centered on Friday, when Fed Chair Jerome Powell is scheduled to give a speech at an annual economic symposium in Jackson Hole, Wyoming. Markets overseas were mixed, with stocks in Shanghai sinking 1.9% but South Korean stocks up 0.5%.

Even meme-stock darling GameStop has done a stock split. Tesla shares traded for more than $1,000 when the company announced its intention to split the stock in March. Some Tesla investors sold their shares, worried that Musk would be distracted from running Tesla if the deal went through. Tesla stock began to recover in July, boosted by better-than-expected second-quarter earnings and an overall upward trend in the stock market. Even GameStop, the so-called meme stock that rocketed to ridiculous levels last year before falling back to earth somewhat, decided to do a stock split.

Unlike its cars, Tesla shares are about to get less expensive. Tesla is splitting its stock 3 for 1, so after the close of trading Tuesday, investors will receive two additional Tesla shares for every one they owned as of Aug. 17. In theory, that should drop Tesla’s share price by about two-thirds before trading starts on Wednesday.

Elon Musk has spent months trying to get out of his $44 billion agreement to buy Twitter, saying the company has undercounted its fake and spam accounts.

Surveillance video obtained by KPIX 5 shows the brazen daylight attempted robbery of an older Asian woman Sunday afternoon that ended with the victim being fatally shot.

The billionaire has subpoenaed Twitter's co-founder in hope it will help him end his deal to buy the site.

Tesla CEO Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort to back out of his $44 billion agreement to acquire the company Dorsey helped found, according to court documents. Twitter and Musk are headed for an Oct. 17 trial in Delaware that should determine whether or not Twitter can force the billionaire to go through with the acquisition. Twitter has subpoenaed a host of tech investors and entrepreneurs connected to Musk, including prominent venture capitalist Marc Andreessen and David Sacks, the founding chief operating officer of PayPal. Twitter argues that Musk’s reasons for backing out are just a cover for buyer’s remorse. A lawyer representing Dorsey did not immediately respond to a message for comment on Monday.

These are the stocks posting the largest moves midday.

A Range Rover ends up on the tracks after colliding with a Tesla at Park Royal Tube station.

Elon Musk said on Sunday that Tesla plans a price increase for FSD, its premium driver assistance option.

Looka.com released a ranking of the best U.S. states for entrepreneurs, which takes into account criteria such as cost of living and business survival rates.

The tests were to determine if a slow-moving Tesla equipped with the company's latest driver assistance systems would automatically avoid pedestrians.

Atlanta teacher, Bridget Scovil, found a unique way to show her students how much they mean to her.

The Canadian factory that makes them will be converted to electric vehicles. Electric vehicles, he said, have the potential to perform better than gas muscle cars with fast acceleration. Still, he said, electric muscle cars won't have manual shifters, and he'll miss the smell of racing fuel at the track. Already, Nelson said, businesses are cropping up to put electric powertrains in classic muscle cars. “Guys like me are just going to frown on it and laugh at it,” Nelson said of electric muscle cars.

Thundering gas-powered muscle cars will be closing in on their final Saturday-night cruises in the coming years.

Thundering gas-powered muscle cars, for decades a fixture of American culture, will be closing in on their final Saturday-night cruises in the coming years as automakers begin replacing them with super-fast cars that run on batteries. Stellantis' Dodge brand, long the performance flag-bearer of the company formerly known as Fiat Chrysler, is officially moving toward electricity. On Wednesday night, Dodge unveiled a battery-powered Charger Daytona SRT concept car, which is close to one that will be produced in 2024 as the sun sets on some petroleum models.

Even the best public charging services aren't good enough, according to new survey that quizzed 11,554 drivers about charging EVs at public stations.

Most electric cars, crossovers, SUVs and trucks are not cheap.

Elon Musk said Saturday his planned $44 billion takeover of Twitter should move forward if the company can confirm some details about how it measures whether user accounts are ‘spam bots’ or real people.

Elon Musk’s wealthy high tech allies don’t seem too happy about receiving subpoenas from Twitter as part of the company’s legal battle with the Tesla CEO.

Tesla’s second-quarter profit fell 32% from record levels in the first quarter.

A jury in Florida has found Tesla just 1% negligent for disabling a speed limiter on an electric car involved in a fiery crash that killed two teens.

Elon Musk lost his fight to delay Twitter’s lawsuit against him as a Delaware judge on Tuesday set an October trial, citing the “cloud of uncertainty” over the social media company after the billionaire backed out of a deal to buy it.

Elon Musk fired back Friday at Twitter's lawsuit seeking to force him to complete his $44 billion acquisition of the platform, according to multiple news reports.

Twitter has sued Tesla CEO Elon Musk in an attempt force him to complete his $44 billion takeover of the social media company by accusing him of “outlandish” and “bad faith” actions that have caused the platform irreparable harm and “wreaked havoc” on its stock price.

Elon Musk announced Friday that he will abandon his tumultuous $44 billion offer to buy Twitter after the company failed to provide enough information about the number of fake accounts.

Tesla CEO Elon Musk has used Twitter to announce he had met with Pope Francis.

Tesla CEO Elon Musk is one step closer to taking the wheel at Twitter after Twitter’s board of directors said the Musk deal is the best one for shareholders.

The cost of gas is up again in Florida and experts say prices are getting closer to the $5 per gallon mark.

Elon Musk on Monday threatened to walk away from his $44 billion bid to buy Twitter, the latest sign that his plan to overhaul the social media platform may really be starting to fray.

Tesla shares tumbled more than 7% Friday on a report that CEO Elon Musk is considering laying off 10% of the company’s workers, as well as new questions from U.S. regulators over complaints of vehicles braking for no reason.

More than 750 Tesla owners have complained to U.S. safety regulators that cars operating on the company's partially automated driving systems have suddenly stopped on roadways for no apparent reason.

Stocks ended another bumpy week with more losses Friday as investors considered the downside of the still-strong U.S. jobs market.

The Senate has confirmed former California pollution regulator Steven Cliff to run the National Highway Traffic Safety Administration.

Twitter shareholders have filed a lawsuit against billionaire Elon Musk, accusing him of unlawfully sowing doubt about his bid to buy Twitter.

A federal judge has dismissed a securities fraud and defamation lawsuit filed by a Tesla investor against CEO Elon Musk, the company and a Musk supporter.

A judge says a driver who used a Tesla on autopilot must stand trial for a crash near Los Angeles that killed two people.

Tesla CEO Elon Musk says his deal to buy Twitter can’t “move forward” unless the company shows public proof that less than 5% of the accounts on the platform are fake or spam.

Tesla CEO Elon Musk has given the strongest hint yet that he would like to pay less for Twitter than his $44 billion offer made last month.

Elon Musk has put his plan to buy Twitter on temporary hold, raising fresh doubts about whether he’ll proceed with the $44 billion acquisition.

Shares of Tesla and Twitter have tumbled this week.

Elon Musk has strengthened the equity stake in his offer to buy Twitter with commitments of more than $7 billion from a range of investors, including Oracle co-founder and Tesla board member Larry Ellison.

A Delaware court sided with Tesla CEO Elon Musk in a bitter legal battle over whether he acted against the best interest of other shareholders when he steered the electric car maker into a $2.6 billion acquisition of a solar panel maker founded by two of his cousins.

Elon Musk’s request to scrap a settlement with securities regulators over 2018 tweets claiming he had the funding to take Tesla private is being denied by a federal judge in New York.

Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the platform where he promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers.

Ideas for reducing greenhouse gas in the atmosphere are getting a funding boost from famed entrepreneur Elon Musk.

Elon Musk says he has lined up $46.5 billion in financing to buy Twitter, and he’s trying to negotiate an agreement with the company.

Tesla has reported first-quarter net earnings over seven times greater than a year ago.

A federal judge in California has rejected a request from shareholders in a lawsuit to force Elon Musk stop talking about his 2018 tweets in which he said he had the funding to make Tesla a private company.

Twitter is trying to thwart billionaire Elon Musk’s takeover attempt with a “poison pill” — a financial device that companies have been wielding against unwelcome suitors for decades.

Twitter said Friday that its board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company for more than $43 billion and take it private.

California wants electric vehicle sales to triple in the next four years to 35% of all new car purchases.

Elon Musk’s huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the colorful billionaire illegally delayed disclosing his big stake in the social media company so he could buy more shares at lower prices.

As Twitter’s newest board member and largest shareholder, Elon Musk is already floating suggestions for changes he’d like to see on the social media platform.

As we approach the summer months, when we begin daydreaming about the places we can travel, road trips are an easy way to visit all kinds of places.

Tesla CEO Elon Musk now has a 9% stake in Twitter and a seat on its corporate board of directors, raising questions about how the billionaire business magnate could reshape the social media platform.

Twitter tweeted Tuesday that it is indeed working on a way for users to edit their 280-character messages, although it says the project has nothing to do with the fact that edit-function fan Elon Musk was just revealed as the company’s largest shareholder and now sits on its board.