Tesla 3Q profit more than doubles from a year ago to $3.29B
The Austin, Texas, electric vehicle and solar panel maker posted net income of $3.29 billion from July through September.
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The Austin, Texas, electric vehicle and solar panel maker posted net income of $3.29 billion from July through September.
In the order, the judge wrote that the lawsuit had failed to make plausible legal claims.
Tesla held a "Cyber Rodeo at Giga Texas," event for thousands of guests at it's new billion-dollar-plus "Gigafactory."
The shares of Tesla are up sharply after the electric car maker announced its second stock split.
Tesla is recalling nearly 579,000 vehicles because a "boombox" function can play sounds over an external speaker and obscure audible warnings for pedestrians.
Tesla is recalling some 54,000 cars and SUVs because their "full self-driving" software lets them roll through stop signs without coming to a complete halt.
Tesla is recalling nearly 500,000 cars in the U.S. due to technical troubles that could heighten the risk of a crash.
Tesla says it has officially moved its corporate headquarters from Silicon Valley to a large factory under construction outside of Austin.
A driver was behind the wheel when a Tesla crashed and burned last April in Texas, killing two men, neither of whom was found in the driver's seat.
CEO Elon Musk gave no timeline for the move late Thursday when he addressed the company's shareholders at Tesla's annual meeting.
Automobile safety regulators in the U.S. have denied a petition seeking an investigation into Tesla software updates, after a number of car battery fires.
The U.S. government has opened a formal investigation into Tesla's autopilot Partially Automated Driving System, saying it has trouble spotting parked emergency vehicles.
The preliminary report on the crash that killed two men doesn't explain why police found no one behind the wheel of the car, which burst into flames after crashing about 550 feet from the owner's home.
Contrary to past claims, Tesla said Monday that one of its autopilot features was active during the April 17 crash that killed two men in Spring, Texas.
The National Highway Traffic Safety Administration and the National Transportation Safety Board said Monday they will send investigators to Spring to look into the fiery Saturday night crash.
Two people were killed in the fiery crash of a Tesla in Texas and authorities say there was no one in the driver's seat, although it is not clear whether the car's driver-assist system was being used.
Tesla delivered nearly 185,000 electric vehicles in the first quarter despite a shortage of computer chips that has hit the global auto industry.
Silicon Valley also has notoriously high real estate prices. And California has a high personal income tax rate, while Florida and Texas have none.
Tesla chose Texas in July as the site for its largest auto assembly plant that will employ at least 5,000 workers.
Even after SpaceX began to prove its engineering chops and was awarded multibillion-dollar NASA contracts, cultural divisions kept tensions brewing behind the scenes.
Electric car maker Tesla has chosen Texas as the site for its largest auto assembly plant that will employ at least 5,000 workers.
Some labor activists and workers at Tesla's California factory say the company is threatening to fire employees who haven't returned to work since the plant reopened because they're afraid of catching the coronavirus.
Just over six months ago, Tesla only had one factory turning out cars. It could soon have as many as five -- with one of those possibly in Texas.
Texas is reportedly among the finalists for a new Tesla assembly plant.
The mayors of Dallas and Fort Worth have taken notice of CEO Elon Musk's frustration with orders that shut down production at Tesla's factory in California.
