Tesla News Updates

Business, Fuel, Autonomous

Laid-Off Workers Claim Tesla Violated WARN Act in Suit

Tesla Inc. was sued by some former employees who claim the company’s decision to lay off about 10% of its workforce violated federal law by failing to provide the required advance notice for the job cuts.

June 20, 2022
Government, Business, Technology, Safety, Autonomous

NHTSA Says 273 Teslas With Automated Driving Systems Have Crashed

DETROIT — Tesla reported 273 crashes involving partially automated driver-assist systems, according to statistics about the industry released by U.S. safety regulators on June 15.

June 14, 2022
Business, Fuel, Autonomous

Musk Warns of Tesla’s ‘Very Tough Quarter’ in Staff Email

Tesla Inc. has had a “very tough quarter†as it struggles with supply chain snags, Chief Executive Officer Elon Musk warned in an internal memo, imploring workers to help get the electric vehicle maker back on track.

June 13, 2022
Government, Business, Technology, Safety, Autonomous

NHTSA Upgrades Probe of Teslas Running Into Emergency Vehicles

DETROIT — A U.S. investigation into Teslas operating on partially automated driving systems that have crashed into parked emergency vehicles has moved a step closer to a recall.

June 9, 2022
Business, Technology, Safety, Autonomous

Tesla Faces Increase in Complaints Over ‘Phantom Braking’

Tesla Inc. is facing stepped-up scrutiny from U.S. regulators who have received 758 complaints of cars made by the company that suddenly brake at high speeds, more than double the number of reported incidents earlier this year.

June 3, 2022
Business, Technology, Equipment, Safety, Autonomous

Tesla Pauses Hiring, Musk Says Need to Cut Staff by 10%

Electric carmaker Tesla Inc. needs to cut staff by around 10%, CEO Elon Musk said, noting he had a “super bad feeling†about the economy, according to an internal email seen by Reuters.

June 3, 2022
Business, Technology, Autonomous

Hacker Finds Way to Unlock Tesla Models, Start Cars

Tesla Inc. customers might love the carmakers’ nifty keyless entry system, but one cybersecurity researcher has demonstrated how the same technology could allow thieves to drive off with certain models of the electric vehicles.

May 18, 2022
Government, Business, Fuel

Musk’s Go-Private Tweets About Tesla Were Reckless, Judge Found

“No reasonable jury could find that Mr. Musk did not act recklessly.†That’s the upshot of a federal judge’s review of Tesla Inc. CEO Elon Musk’s 2018 tweets about taking the company private, as revealed in an order that was made public May 10.

May 10, 2022
Business, Technology, Fuel

Wall Street, Tech Investors Back Musk Twitter Bid With $7 Billion

Elon Musk has strengthened the equity stake of his $44 billion offer to buy Twitter with commitments of more than $7 billion from a diverse group of investors, including Silicon Valley heavy hitters such as Oracle co-founder Larry Ellison.

May 5, 2022
Business, Technology, Fuel, Autonomous

Tesla Q1 Earnings 7 Times More Than Year Ago

DETROIT — Tesla reported April 20 that its first-quarter net earnings were more than seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.

April 20, 2022