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Page 67 - Tesla

Elon Musk owes $507 million to banks helping Tesla raise capital

The lending was disclosed in Tesla's prospectus on Thursday to raise up to $2.3 billion with new shares and convertible debt

Elon Musk owes $507 million to banks helping Tesla raise capital
Updated On : 03 May 2019 | 8:57 PM IST

Tesla's Elon Musk makes $500 billion self-driving car pitch to investors

Tesla filed to raise at least $2 billion through debt and stock offerings

Tesla's Elon Musk makes $500 billion self-driving car pitch to investors
Updated On : 03 May 2019 | 8:54 PM IST

Tesla plans to raise $2 billion from boosted stock, bond offerings

Tesla tapped the markets again after Elon Musk overestimated the ability of the Model 3 sedan to generate enough cash for the company to be self-sustaining.

Tesla plans to raise $2 billion from boosted stock, bond offerings
Updated On : 03 May 2019 | 7:14 PM IST

Tesla's Elon Musk promises driverless 'robo taxis' by the end of next year

Musk also said Tesla is developing "neural networks" of computers that can mimic the human brain and will enable driverless cars to operate safely using only cameras and radar sensors

Tesla's Elon Musk promises driverless 'robo taxis' by the end of next year
Updated On : 24 Apr 2019 | 2:09 AM IST

With eye on robotic taxis, Musk plans to hand car keys to bots next year

Self-driving car experts fear Musk is shirking public safety in an effort to boost Tesla's stock and sell more of the company's electric cars

With eye on robotic taxis, Musk plans to hand car keys to bots next year
Updated On : 23 Apr 2019 | 8:03 AM IST

Tesla to shrink board from 11 to 7 directors for more efficient operations

Tesla said the decision did not result from any disagreement between the company and the directors

Tesla to shrink board from 11 to 7 directors for more efficient operations
Updated On : 20 Apr 2019 | 12:08 PM IST

Tesla just made it harder to buy its cheapest $35,000 electric car

The Model 3 with the so-called Standard Plus battery range used to cost $37,500, plus $3,000 for Autopilot. It now costs $39,500 with Autopilot included

Tesla just made it harder to buy its cheapest $35,000 electric car
Updated On : 12 Apr 2019 | 2:26 PM IST

Fiat Chrysler pools fleet with Tesla to circumvent EU emissions fines

The step will let the Italian carmaker offset carbon dioxide emissions from its cars against Tesla's, by bringing down its average figure to a permissible level

Fiat Chrysler pools fleet with Tesla to circumvent EU emissions fines
Updated On : 08 Apr 2019 | 12:38 AM IST

How Tesla CEO Elon Musk lost $1 billion in just 2 minutes

. The electric-car maker had reported a record decline in deliveries during the first quarter, down to 63,000 vehicles in the three months that ended in March

How Tesla CEO Elon Musk lost $1 billion in just 2 minutes
Updated On : 05 Apr 2019 | 11:10 AM IST

Elon Musk says Tesla 'would love to be' in India this year or next

The Narendra Modi-led government has been wooing Tesla to set up a factory but Musk, in a May 2018 Twitter post, had pointed to 'some challenging government regulations' as a hurdle

Elon Musk says Tesla 'would love to be' in India this year or next
Updated On : 16 Mar 2019 | 8:29 AM IST

Tesla investors sue Musk, say his 'unchecked' tweets hurting co: Report

The development came in response to Musk's tweet on February 19 that 'Tesla made 0 cars in 2011, but will make around 500K in 2019'

Tesla investors sue Musk, say his 'unchecked' tweets hurting co: Report
Updated On : 09 Mar 2019 | 1:33 PM IST

Tesla gets $520 mn funding to build first Chinese plant near Shanghai

Elon Musk is betting on China's growing market for electric cars as Beijing pushes the industry away from fossil fuel vehicles.

Tesla gets $520 mn funding to build first Chinese plant near Shanghai
Updated On : 08 Mar 2019 | 12:06 PM IST

Tesla shifts to online sales model to cut costs; move to rile US carmakers

Some Tesla stores will be closed, resulting in staff cuts, CEO Elon Musk said, without detailing how many

Tesla shifts to online sales model to cut costs; move to rile US carmakers
Updated On : 02 Mar 2019 | 1:49 AM IST

Tesla's $35000 Model 3 is finally here, so why is there no excitement?

Here's why all the noise and vibration is killing the thrill

Tesla's $35000 Model 3 is finally here, so why is there no excitement?
Updated On : 01 Mar 2019 | 9:44 AM IST

Tesla's crucial delivery team gutted in second round of job cuts

The Model 3 is crucial to Tesla's plans for long-term profitability

Tesla's crucial delivery team gutted in second round of job cuts
Updated On : 09 Feb 2019 | 8:35 PM IST

Tesla acquires battery tech group Maxwell for $218 mn, move to lower costs

According to the report, the offer will value each of Maxwell's 45.9 million shares at $4.75. The merger is expected to close in the second quarter of 2019

Tesla acquires battery tech group Maxwell for $218 mn, move to lower costs
Updated On : 05 Feb 2019 | 10:56 AM IST

Tesla's bombshell CFO exit spoils pivot to more sober Elon Musk

There were plenty of reasons to suspect Musk would be more reined-in from now on

Tesla's bombshell CFO exit spoils pivot to more sober Elon Musk
Updated On : 01 Feb 2019 | 12:51 AM IST

Tesla shares drop after Musk announces CFO Ahuja's departure from the firm

Zach Kirkhorn, Tesla's vice president of finance, will replace Ahuja

Tesla shares drop after Musk announces CFO Ahuja's departure from the firm
Updated On : 31 Jan 2019 | 8:18 AM IST

Tesla to break ground on Shanghai Gigafactory; Elon Musk to do the honours

Tesla plans to produce its Model 3 and Model Y cars in the initial phase of production at the Shanghai plant

Tesla to break ground on Shanghai Gigafactory; Elon Musk to do the honours
Updated On : 07 Jan 2019 | 10:48 AM IST

Tesla names Elon Musk's friend and Oracle co-founder Larry Ellison to board

The inclusion of Ellison puts one of the world's richest people with experience building a startup into a successful company on Tesla's board

Tesla names Elon Musk's friend and Oracle co-founder Larry Ellison to board
Updated On : 29 Dec 2018 | 8:36 AM IST