Elon Musk

  • Al Gore at United Nations conference

    As part of an SEC settlement, Tesla needs to find a new chairman to replace Elon Musk, as he steps aside from that post but stays on as chief executive officer. That new chairman is to be an independent board member and not someone tied to Musk. When Musk was asked, in yesterday's financial call, about what attributes he thinks would be best for Tesla in a new chairperson, he dodged an answer, saying that he was restricted to “operational topics.” DON’T MISS: Tesla reports profit, explains $46k Model 3 Mid Range model, hints about leasing In recent weeks, speculation has...

  • 2018 Tesla Model 3
    Tesla reports profit, explains $46k Model 3 Mid Range model, hints about leasing

    Tesla’s quarterly earnings call today was shaping up to be, at long last, an earnings call. Tesla reported a net income of $312 million for the third quarter of 2018. The all-electric vehicle maker made money. It also claimed that, given its financial results—and some creative...

  • Tesla Motors production line for Tesla Model S, Fremont, California
    Tesla Model 3 teardown underscores missed opportunities

    Last year employee parking lots overflowed at Tesla’s Fremont, California, plant. By comparing the headcount of Tesla's factory at present versus historically, it’s easy to grasp why the facility has seemed so crowded. At its heyday, Toyota and GM needed 4,400 people at Fremont. Tesla...

  • Elon Musk in his McLaren F1, 1999
    Judge approves Tesla SEC settlement

    A federal judge in New York gave final approval Tuesday to the $40 million settlement between Tesla, its chief executive officer Elon Musk, and the SEC over Musk's tweets about plans to take the company private. The approval comes following Musk's tentative settlement on Sept. 29, in which he...

  • Elon Musk at Tesla Model 3 reveal
    Who should lead Tesla's board after Musk steps down? Take our Twitter poll

    As Elon Musk prepares to step aside from Tesla's board in an expected settlement with the SEC, speculation has erupted over who might replace him. According to the SEC settlement, the new chairman must be an independent board member—not one tied to Musk. Tesla's board currently has two...

  • Elon Musk at Tesla Model 3 reveal
    Volkswagen electrics, Musk sued, BMW i3 range increase, California incentives: The Week in Reverse

    Which electric car will get access to a fast charger network much like Teslas? What was the result of the SEC's investigation into Tesla chief Elon Musk? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending Sept. 28, 2018. Friday, Volkswagen...

  • Elon Musk at Tesla Model 3 reveal

    The U.S. Department of Justice may be investigating Tesla and its CEO Elon Musk for criminal wrongdoing related to a series of tweets its founder sent this year, Bloomberg reported Tuesday. A spokeswoman for the Justice Department declined to comment on the report. At issue are a series of tweets in August in which Musk said that the automaker had “funding secured” for taking the company private. The initial tweet sent off a flurry of activity, and momentarily halted trading of Tesla’s stock, as regulators and investors scrambled to learn more. Am considering taking Tesla...

  • Tesla Model 3 all-wheel drive Performance rolls off a new assembly line in a temporary structure
    Tesla opens its first in-house body shops to reduce repair times

    Facing reports of long wait times at Tesla-authorized collision repair centers, Tesla is bringing collision repairs in-house. The company has been opening in-house body shops at a Tesla service centers in the past month, and Tesla chief executive Elon Musk tweeted on Sunday that the company plans...

  • Elon Musk at Tesla Model 3 reveal
    Judge dismisses lawsuit against Tesla over Model 3 production delays

    Amid a topsy-turvy month of mostly bad news for Tesla, the company got one major reprieve on Monday. According to a Reuters report, a federal court in San Francisco has dismissed a lawsuit from shareholders over delays in Model 3 production. The suit against Tesla and its CEO, Elon Musk, claimed...

  • Tesla Motors CEO Elon Musk at Tesla Store opening in Westfield Mall, London, Oct 2013
    Tesla had VW funding lined up to go private, report says

    After Tesla CEO Elon Musk announced earlier this month that he planned to take the company private, investment advisors hooked a big fish to provide the funding, according to a report in The Wall Street Journal on Monday. In a long report about the Tesla board's deliberations over taking the...

  • Tesla Model 3 all-wheel drive Performance rolls off a new assembly line in a temporary structure
    New report inside Tesla factory says Model 3 production improving

    A new independent report from inside Tesla's Fremont factory shows production of the Model 3 is becoming sustainable. The report, from automotive analysts Eversource ISI Research in London and first carried in FT Alphaville, shows Model 3 production improving, and that the new General Assembly line...

  • Lucid Air
    Saudi investment fund reportedly wants stake in Lucid Motors

    The Saudi Arabian sovereign wealth fund may be planning to buy a stake in potential Tesla rival Lucid Motors, according to a Reuters report. Tesla CEO Elon Musk suggested last week that he had held talks with the same Saudi investment fund. The report says that the fund has drawn up a term sheet to...

  • 2017 Tesla Model 3, in photo tweeted by Elon Musk on July 9, 2017

    Who disputed EPA findings that less fuel-efficient cars will be safer? What did a second whistleblower at Tesla's Gigafactory allege? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending August 17, 2018. Friday, another whistleblower came forward at Tesla's Gigafactory with allegations that the company failed to investigate drug trafficking tied to a Mexican drug cartel. He also alleged that the company failed to investigate thefts of as much as $37 million in copper and other materials that were not disclosed. CEO Elon Musk also granted...

  • 'Revenge of the Electric Car' premiere: Elon Musk arrives in a Tesla Roadster
    Opinion: Tesla's CEO needs help, but will he take it?

    Just as Tesla is beginning to straighten out manufacturing problems with its Model 3, the executive suite seems in the midst of a nuclear meltdown. In a wide-ranging interview with The New York Times on Thursday, CEO Elon Musk admitted to being spread thin, having the most difficult and painful...

  • Microlino electric car
    Tesla whistle-blowers, fuel-cells, and Musk interview, time for relief? Today's Car News

    The news Friday was almost all Tesla, all the time. CEO Elon Musk granted an exclusive interview to The New York Times in which he said his tweet about taking the company private was not vetted by others. Meanwhile, one whistleblower came forward with drug-dealing allegations at the Gigafactory and...

  • Elon Musk at Tesla Model 3 reveal
    Tesla board reportedly seeking No. 2 executive to assist Elon Musk

    On Thursday, The New York Times published an interview with Tesla CEO Elon Musk that revealed that the company's board may looking for a new operational leader for the company. In the wide-ranging interview, Musk acknowledged that his tweet last week about having "funding secured" to take Tesla...

  • Teaser for Pininfarina Battista debuting at 2019 Geneva auto show
    Best deals on green cars, Tesla scrutiny, Swiss stop diesels, EPA pushback: Today's Car News

    The SEC issues subpoenas to Tesla over CEO Elon Musk's plan to take the company private. Switzerland halts registrations of some diesels from Mercedes-Benz and Porsche. New records show internal pushback at the EPA over freezing fuel-economy regulations. And we run down the best deals on green cars...

  • Tesla factory, Fremont, California
    Tesla privatization bid, quality control face increasing scrutiny

    Tesla CEO Elon Musk is facing mounting pressure from regulators and critics since his tweet last week to take the company private and the fallout that has followed. The Wall Street Journal reported Wednesday (subscription required) that Tesla's board has received subpoenas from the Securities and...

  • Tesla factory, Fremont, California

    In a public letter to investors Monday morning, Tesla CEO Elon Musk expanded on details of his plan to take the company private. Musk announced Aug. 4 on Twitter that he was considering a privatization plan and had funding "secured." In the letter Monday, he revealed that he has been in discussions for almost two years with the sovereign wealth fund of Saudi Arabia about taking the company private. He said he last spoke with the managing director of the nation's private investment fund July 31, when the director "expressed regret that I had not moved forward previously on a going private...

  • Tesla Model S Autopilot testing with IIHS [CREDIT: IIHS]
    Taking Tesla private, Autopilot testing, Mazda CX-5 diesel, Nissan Leaf batteries: The Week in Reverse

    Which company got a new diesel approved for U.S. sale? What new feature did the IIHS test? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending Aug. 10, 2018. Friday, we reported on the IIHS tests of self-driving systems, including two...

  • 2017 Tesla Model 3, in photo tweeted by Elon Musk on July 9, 2017
    Tesla updates, EPA plans, Porsche specs, and Faraday Future progress: The Week in Reverse

    What cars were Tesla Model 3 buyers most likely to trade in? Which company just announced the largest diesel emissions recall in history? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending Aug. 3, 2018. Friday, we learned that Teslas will...

  • 'Revenge of the Electric Car' premiere: Tesla Motors CEO Elon Musk on red carpet
    Nissan Leaf battery tech, hydrogen shortages, and Tesla Twitter wars get real: Today's Car News

    We take a deep look into two phenomenon: new technology in the Nissan Leaf's 30-kwh battery, and the war of words online surrounding Tesla and its CEO. A hydrogen shortage strands fuel-cell drivers in Los Angeles, and a new study shows sales of electric cars surge when more models are available...

  • Tesla Model 3 bought [Photo by reader AH]
    Tesla sales, rebates ending, oil studies, and dirty tricks: The Week in Reverse

    Which brand's electric cars won't get a tax credit after next year? Which electric car is in extremely short supply? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending July 13, 2018. Friday, we listed the best deals on green cars for July...

  • Tesla Gigafactory in Sparks, Nevada [CREDIT - YouTube user California Phantom]
    Tesla sues saboteur who claims he is a whistleblower

    On Thursday, Tesla sued former employee Martin Tripp for stealing trade secrets and transferring several gigabytes of data to third parties, including pictures of the company's battery assembly line at the Gigafactory in Nevada, where he worked. The details of the suit point to a testy...

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