Tesla News

Tesla CEO Elon Musk announced late Friday via a statement on Tesla's website the automaker would give up plans to take the company private, just 17 days after the embattled executive announced on Twitter he was considering one of the largest leveraged buyouts in corporate history. Staying Public...

At the end of June, Tesla pushed hard to finish 5,000 Model 3s a week. It may have pushed too hard. New internal documents acquired and reported by Business Insider show that of the 5,031 cars produced in the last week of June, 4,300 had some problem that required rework. In auto industry...

Watching Tesla—and Teslas—has become practically a spectator sport, especially for those who live near the factory. As production of the company's most popular car, the Model 3, has ramped up that sport has become easier—at least for people in the San Francisco Bay Area. It seems...

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...

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...

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...

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...

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...

A second employee at Tesla's Gigafactory in Nevada has filed for whistleblower protection, alleging that the company covered up an investigation into drug trafficking at the factory. The latest report was first carried by Jalopnik. The latest whistleblower, Karl Hansen, worked in the automaker's...

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...

The VW TDI settlement nears completion. Elon Musk reveals more details about his privatization plan for Tesla. And Electrify America rolls out the "Jetstones" to promote electric cars. All this and more on Green Car Reports. Owners of 2.0-liter VW TDI models have until Sept. 1 to file for...

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...

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...

The Wall Street Journal reported Wednesday that federal financial regulators may be investigating a series of tweets sent by Tesla CEO Elon Musk suggesting that the automaker was considering a large-scale stock buyback to take the company private. SEC investigators may be considering a range of...

Six of Tesla's board members issued a statement Wednesday morning confirming that they have been in discussions with CEO Elon Musk about taking the company private. On Tuesday, Musk revealed on Twitter that he was considering privatizing the company after taking it public in 2010. He set a target...

Investors Wednesday heard enough good news from Tesla to ignore worries about the company's appetite for cash and hurried production pace to rally the stock to its biggest one-day gain in roughly 5 years. By Friday morning the stock had surged above $350 from $300 on Wednesday afternoon. That led...

Apparently the problem with the Tesla Model S and Model X was that they're too normal. They have a separate instrument cluster—a digital one—behind the steering wheel and a few solid controls. Tesla must think that's too much. The company is designing a new interior for them that looks...

Tesla announced Wednesday that it would release a complete update to its Autopilot system later this month, including new self-driving capabilities. The new version, which Tesla owners and fans have long-awaited, will update the system with faster hardware as well as new optical software that CEO...

Buyers driving home Tesla Model 3s are moving up. In its second-quarter earnings call Wednesday, Tesla executives revealed the top five cars they have taken in on trade for new Model 3s and the results were unexpected. Rather than other entry-level luxury sedans that form the Model 3s competition...

As it ramps up production of the Tesla Model 3, Tesla announced Wednesday that it reduced its financial losses in the second quarter—barely. The result is significant, because Tesla is racing against the clock to keep from running out of money before it can build enough of its new, more...