Police Are Investigating Whether a Tesla Involved in a Fatal Crash Was in Self-Driving Mode

A woman was arrested after running a red light in a rented Tesla in San Francisco and causing a crash that killed a tourist and left his wife critically injured, authorities said Monday. Officers were investigating whether the Tesla, which was rented through the peer-to-peer car rental service Getaround, was operating on self-driving mode, police […]

5 Things To Watch For at Tesla’s Annual Shareholders Meeting

Tesla Inc. investors will be more anxious than usual to get an update from Chief Executive Officer Elon Musk on Tuesday at the company’s annual meeting. With the stock down 35% for the year and concern about the pace of vehicle deliveries top of mind, Musk is likely to try to soothe unease about Tesla’s […]

Tesla’s Secret Source of Cash Has Finally Been Revealed

For years, Tesla Inc. has hauled in revenue by selling credits to other carmakers that needed to offset sales of polluting vehicles to U.S. consumers. These sorts of transactions have largely been shrouded in secrecy–until now. General Motors Co. and Fiat Chrysler Automobiles NV disclosed to the state of Delaware earlier this year that they […]

The Growing Signs That Tech Investors Are Getting Disillusioned: Data Sheet

A mere eight months ago I called the Chinese electric car startup Nio “a bright, shiny object masquerading as a real company.” This was in reference to its ultimately successful attempt to raise $1 billion in a U.S. initial public offering. Nio was adept at capital collection, marketing, and even automotive design. Yet it had […]

Could Ford Buy Tesla? Here’s How Likely A “Doomsday” Scenario Is

Former Tesla bulls have been bailing on the company. The stock continues to drop. Bond prices are at low levels. The auto maker is burning through $1 billion in cash a quarter, the cash from the latest $2.7 billion funding round will be gone within ten months, and demand is falling off. One of the […]

Tesla Investors and Analysts Jump Ship: It’s a “Quagmire” Says One

Tesla, once a darling of Wall Street, has pushed the envelope and not in a good way. Too many problems and issues have finally pushed some long-time supporters to shake their heads and step back. Wedbush Securities finally decided to “[throw] in the white towel” last month lowering guidance from outperform to neutral, after April’s […]

Tesla’s Problems Add Up to a ‘Code Red Situation,’ Says Once-Bullish Analyst

Tesla’s stock rout following this month’s $2.4 billion capital raise intensified after a once-bullish analyst called the range of issues facing the electric-car maker a “code red situation.” The shares have dropped in nine of the last 10 trading days, a stretch that started the day Tesla closed offerings of new stock and convertible bonds […]

Tesla Shares Drop 7.6%, the Stock’s Lowest Level Since December 2016

Tesla shares closed at the lowest level in almost 2 1/2 years after Elon Musk called for a “hardcore” review of all the electric-car maker’s expenses and an analyst warned of potentially severe fallout from a fatal crash involving Autopilot. Musk, Tesla’s chief executive officer, wrote in an email to staff late Thursday that he […]

Latest Fatal Tesla Crash Involves Autopilot System

A Tesla Inc. Model 3 involved in a March 1 fatal crash in Florida was being driven by the vehicle’s semi-autonomous Autopilot system, and the driver’s hands weren’t on the steering wheel, according to the National Transportation Safety Board. The driver was killed when the car slammed into the side of a semi-truck that was […]