A Tesla Model S electric car caught fire this week after hitting road debris on a Tennessee freeway, the third fire in a Model S in the past five weeks.
Electric car maker Tesla Motors has a battery problem. It doesn’t have enough of them.
Tesla Motors’ high-flying stock tumbled 12 percent in after-hours trading Tuesday after the electric car maker’s third-quarter results fell short of expectations.
Tesla Motors shares dropped Monday after reports of a second fiery crash involving the company’s Model S electric car.
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 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.
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.
Excluding one-time items and lease accounting, Tesla Motors Inc. said it had a profit of 20 cents per share. The one-time items included a $16 million charge associated with the payoff of a $465 million loan from the U.S. Department of Energy. Tesla paid off the loan in May, nine years earlier than it was due.
Tesla will be joining the Nasdaq-100 Index on Monday as software maker Oracle Corp. heads to the New York Stock Exchange.