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 […]

Tesla Stock Plunged Due to Fear of Auto Tariffs from China

The re-escalation of the U.S.-China trade war is hitting Tesla Inc. shares hardest among major automakers, with investors betting it won’t be long before cars crossing the two countries’ borders are again subject to bigger tariffs. Tesla plunged as much as 6.3% to $224.50, the lowest intraday since January 2017, after China defied U.S. President […]

Data Sheet—Zuckerberg Needs a Slap, Google I/O vs. Microsoft Build, Bird Rides the Strugglebus

To start you week, three really good tech-oriented things I’ve consumed recently: * Bloomberg BusinessWeek’s cover story on Microsoft CEO Satya Nadella is a snappily written and illuminating take on the man who has presided over his company’s reinvention. This story has been told over and over. And yet, the yarn about how and why […]

Why Tesla Slashed Its Solar Panel Prices

Tesla hopes to heat up its struggling renewable energy business by slashing prices for its solar panels. The company will now charge customers $1.75 to $1.99 per watt of solar panel energy capacity. That’s 41% less than the national average of $2.98 per watt that U.S. residential customers typically pay, according to the Solar Energy […]