Tesla Posts $408M Loss In 2Q, Causing Stock To PlummetTesla suffered a loss of $408 million during its latest quarter as the company continues to struggle to prove it can make money while producing electric cars at prices that a mass market can afford.
GM Unveils 2020 Chevrolet Corvette With Mid-Mounted Engine, Supercar LooksThe 8th-generation Corvette, dubbed C8, is radically different from its predecessors.
Tesla Sets Quarterly Record For DeliveriesBay Area-based electric car company Tesla overcame logistics problems to set a quarterly record for deliveries from April through June.
Elon Musk Claims Tesla Pickup To Cost Under $50,000, Be Better Than The F-150"This will be a better truck than an F-150 in terms of truck-like functionality," Tesla CEO Elon Musk said.
Tesla's Bad News Accelerates As Wall Street Loses FaithFor the year, the share price is down around 40%, largely on concerns Tesla is running out of buyers for its vehicles.
Elon Musk Highest Paid CEO In California Last YearMedian pay for S&P 500 CEOs was $12 million last year.
Tesla Shares Bounce On Leaked Elon Musk Memo About Rising SalesShares of Bay Area electric carmaker Tesla, suffering one of the worst stretches in company history, rebounded Thursday after CEO Elon Musk told employees that orders are up.
Bay Area Clean Vehicle Program Will Pay Low-Income Residents To Swap Out Their Old CarsLow-income residents of certain Bay Area neighborhoods can get help to replace their old cars with clean air vehicles thanks to a new grant program administered by the region’s air district.
Tesla Investigates After Car Appears To Explode In ChinaBay Area electric car maker Tesla is investigating after one of its vehicles appeared to explode in China.
Analyst: Gas Prices Soaring At Pump; Likely To Top $4 A GallonLingering refinery problems and the annual shift to cleaner burning summer gasoline will likely send gas prices to $4 a gallon or more in California for the first time since July 2014.
AAA: Subfreezing Temps Drop Electric Car Range 40%; Tesla Disputes ResultsCold temperatures can sap electric car batteries, temporarily reducing their range by more than 40 percent when interior heaters are used, a new study found.
Tesla Knocks $1,100 Off Price Of The Model 3Bay Area electric car company Tesla is cutting $1,100 from the base price of its car designed for the mass market, the Model 3.
Tesla Posts Small 4Q Profit, Misses Wall Street EstimatesBay Area electric car company Tesla eked out a small fourth-quarter profit to close 2018, but fell short of Wall Street estimates.
Google Self-Driving Spinoff Waymo To Put Factory In MichiganMountain View-based Google's self-driving car spinoff Waymo said Tuesday it will bring a factory to Michigan.
Tesla Plans 7 Percent Staff Cut, Says Road Ahead 'Extremely Difficult'Bay Area-based electric car maker Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford.