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Thousands are expected to attend the official open of the $1 billion factory for electric vehicles in Del Valle.
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A driver was behind the wheel when a Tesla electric car crashed and burned last April near Houston, killing two men, neither of whom was found in the driver’s seat.
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CEO Elon Musk made the announcement that the electric car company will relocate from California during a shareholders meeting Thursday in Southeastern Travis County.
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The cops were struck when a Tesla Model X traveling 70 mph rammed their SUVs. They say the company has “irresponsibly” promoted its “autopilot” function as more advanced than it is.
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Tesla 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.
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Tesla’s new $1 billion electric vehicle factory will be built just east of Austin, the company’s CEO Elon Musk announced Wednesday.
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Three crashes involving Teslas that killed three people have increased scrutiny of the company’s Autopilot driving system just months before CEO Elon Musk…
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The Tesla CEO reached a deal with the Securities and Exchange Commission to resolve a securities fraud case. As part of the deal, Tesla and Musk agreed to pay $40 million in penalties.
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"Musk's false and misleading public statements and omissions caused significant confusion and disruption in the market for Tesla's stock and resulting harm to investors," the lawsuit says.
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The vehicles are comparatively affordable at $35,000. Tesla says it can't build them fast enough to meet the demand.
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The first of Tesla's significantly more affordable Model 3 cars should finish production by next weekend, CEO Elon Musk announced late Sunday.
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From Texas Standard: Ever sat at the gas pump, and just wondered when enough is enough? Constantly fluctuating gas prices, the wasted time spent sitting...