Electric car maker Tesla Motors has hired Apple Inc.’s chief Mac engineer to lead new vehicle development.
The CEO of electric car company Tesla says a battery in a Model S that caught fire this week was apparently impaled by a metal object.
Shares of Tesla Motors fell another 5 percent Thursday as investors in the high-flying company assessed the fallout from a fire in one of its $70,000 electric cars.
Shares of Bay Area electric car company Tesla sank more than 6 percent Wednesday after an Internet video showed flames spewing from one of the company’s vehicles near Seattle.
The Palo Alto city council voted unanimously Tuesday to require new homes to come pre-wired for electric car charging systems.
Ecotality, which makes charging systems for electric vehicles, has filed for Chapter 11 bankruptcy protection and wants to sell its assets in an auction.
Tesla’s Model S electric car has often been seen as a novelty, a cutting-edge toy for the rich, but America’s youngest car company is enjoying a run of good news that has nothing to do with being the new kid on the assembly line.
Tesla will be joining the Nasdaq-100 Index on Monday as software maker Oracle Corp. heads to the New York Stock Exchange.
More 100,000 people have signed an online petition urging President Barack Obama to oppose efforts by states to block Palo Alto-based Tesla Motors from selling its electric cars directly to consumers, a company spokeswoman said Tuesday.
Mayors from San Jose, Los Gatos, Campbell and Mill Valley on Thursday announced an agreement to add some all-electric, light-duty compact cars to their municipal fleets to reduce fuel costs and air pollution.