Tesla Posts 1st Annual Profit But Misses Analysts' EstimatesBay Area electric carmaker Tesla Inc. on Wednesday reported that it posted its first annual net profit in 2020.
Berkeley Council Considers Banning Most Gas, Diesel Car Sales By 2027Looking to cut greenhouse gas emissions, leaders in Berkeley are seeking to sharply reduce the number of gas and diesel vehicles sold in the city.
Tesla Balks At Recalling 159,000 Vehicles Over Touchscreen Issues; NHTSA Takes ActionTesla Inc. is balking at recalling about 159,000 vehicles with potentially defective touch screens, so U.S. safety regulators are moving to force the Bay Area-based electric car company to take action.
Tesla CEO Elon Musk Overtakes Amazon's Jeff Bezos To Become World's Richest Person, $191B Net WorthElon Musk, CEO of Bay Area electric carmaker Tesla, edged past Amazon founder Jeff Bezos to grab the title of world's richest person.
Tesla Shares Slide On 1st Day On S&P 500Shares of the Bay Area-based electric carmaker fell more than 5% in early trading Monday, dipping along with the broader market because of concerns about a new variant of Covid-19 and some disappointment over the relatively small stimulus deal reached in Washington.
Wall Street Braces For Trading Surge As Tesla Enters S&P 500The market value of the electric car maker, led by Elon Musk, has soared to around $600 billion, making it the largest company ever to be added to the S&P 500.
Honda Recalls 1.4 Million Cars Over Faulty Drive Shafts, Window Switches, Software FlawHonda is recalling over 1.4 million vehicles in the U.S. to repair drive shafts that can break, window switches that can overheat and a software flaw.
Morrison Canyon Road: Fremont Permanently Closes Narrow Path Turned Dangerous Commuter ShortcutAfter two years of temporary car closure, last week the City Council voted to permanently close most of Morrison Canyon Road to vehicle traffic. Neighbors uphill from the narrow 1800s street feel the closure is unsafe.
COVID: Tesla's Elon Musk Joins Exodus From Bay Area; Moves From Silicon Valley To TexasTesla said Tuesday it is looking to raise up to $5 billion in capital through a stock offering. The announcement came on the same day CEO Elon Musk said he has moved his home to Texas from California.
Fremont Police Say Tesla Patrol Car Pilot Program A Success, Plans To Add To Energy Efficient FleetPolice in Fremont have released the results of a pilot program involving a Tesla added to its fleet, saying the electric vehicle can withstand the rigors of police use, while requiring less maintenance.
Tesla Set To Join S&P 500 Index In DecemberBay Area electric car manufacturer Tesla will join the S&P 500 Index, effective December 21, according to a Monday announcement from S&P Global.