Cryptocurrency Firm Aims to Build Government, 'Smart City' Near Tesla in Nevada DesertA cryptocurrency magnate hopes to turn dreams of a futuristic “smart city” into reality, building a company-run local government on land near the Tesla gigafactory east of Reno.
Tesla Buys $1.5 Billion In Bitcoin; Company Will Soon Accept Bitcoin For New Car PaymentsSan Francisco Bay Area automaker Tesla announced Monday it has acquired around $1.5 billion in Bitcoin and it plans to begin accepting the digital currency as payment for vehicles soon.
Tesla Announces Massive Recall; Large Touch Screens Can Go DarkAfter initially refusing a request from U.S. safety regulators, Fremont-based Tesla has now agreed to recall about 135,000 vehicles nationwide and in the San Francisco Bay Area because the large touch screens on the console can go dark.
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.
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.
Federal Agency Rejects Berkeley Resident’s Petition to Recall TeslasThe U.S. government's auto safety agency rejected a request Friday to investigate unintended acceleration in Tesla electric vehicles, saying the acceleration was caused by drivers pushing the wrong pedal.
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 Builds Half-Million Cars in 2020, Reaching Goal Set by Elon MuskTesla hit its goal of building a half-million cars in 2020, a first for the company. Completed deliveries to customers fell just short of that same goal as it delivered 499,550 cars.
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.
Silicon Valley 'Texit' Is Real: Here's Who's Going and WhereElon Musk, Hewlett-Packard Enterprise, Oracle -- high tech's exodus from Silicon Valley for Texas is gaining momentum.
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.
Tesla Short Sellers Lost More Than The US Airline Industry This YearThe incredible year for Tesla stock has created a bloodbath for those shorting the Bay Area-based electric carmaker's shares.
Highway Traffic Safety Administration Investigating Tesla Front Suspension FailuresThe U.S. government’s road safety agency is investigating complaints that suspensions can fail on nearly 115,000 Tesla electric vehicles.
Dow Tops 30,000 For First Time; Tesla's Elon Musk Surpasses Bill Gates On Personal Wealth List It's been quite a month for San Francisco Bay Area tech guru Elon Musk. Space X has successfully launched a crew to the International Space Station and also lifted the Sentinel-6 satellite into orbit and now Tesla has helped fuel the stock market's historic climb.