electric car

The now-famed 16 year old helped fill Spring Street in downtown LA to march for action on climate change. Patrick Healy reports for the NBC4 News at 4 p.m. Friday, Nov. 1, 2019.

Folks in Antioch are not happy after learning their city has been named the most miserable city in the Bay Area.

A government investigation has found that a design flaw in Palo Alto-based Tesla’s Autopilot semi-autonomous driving system and driver inattention combined to cause a Model S electric car to slam into a firetruck parked along a California freeway.

Tesla owners in California can now buy insurance from the electric car company in what may be the first step toward the unconventional automaker providing coverage for a fleet of driverless taxis. The expansion announced Wednesday comes four months after Tesla CEO Elon Musk told analysts the company would branch into insuring its own cars for people who buy or...

Walmart sued Tesla for “gross negligence” on Tuesday, saying that the electric car company’s energy division installed solar panels that went up in flames on its store rooftops. The retailer said fires broke out at seven store rooftops between 2012 and 2018, causing millions of dollars in damage. One location in Ohio had to be closed for eight days, Walmart...

The New York State Senate passed a bill earlier this month that would make the possession of a flamethrower for recreational activities a felony, with an eye toward outlawing the one made by Elon Musk’s Boring Co. Musk’s company sold all 20,000 units of its $500 flamethrowers in less than a week last year, drawing the ire of lawmakers in...

Elon Musk’s space company, SpaceX, is now worth more than his electric car company, Tesla — at least on paper. SpaceX is valued at $33.3 billion, investors familiar with the company’s latest round told CNBC on Friday. Tesla’s market cap was $32.8 billion at the end of trading Friday. Musk is the largest shareholder and CEO of both companies, with...

With Tesla’s stock sinking to around $200 this week, Craig Irwin, an analyst at Roth Capital Partners, told CNBC on Tuesday that the electric car company could have sold to Apple six years ago for a significantly higher price per share.

Tesla is increasing the amount of money it will attempt to raise to as much as $2.7 billion.

The family of the Apple engineer who died in a crash on U.S. Highway 101 in Mountain View last year while driving his Tesla has sued the automaker, alleging wrongful death and negligence stemming from false advertising of what they claim is a defective Autopilot driver-assistance system. Scott Budman reports.

Tesla’s assembly lines slowed down during a rocky start to the new year, which will likely magnify nagging doubts about whether the electric car pioneer will be able to make the mass-market leap.

Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford. Tesla’s cheapest model right now is the $44,000 Model 3, and it needs to broaden its customer base to survive.

Tesla’s top lawyer is leaving the company after only two months on the job.

Tesla is cutting $1,100 from the base price of its car designed for the mass market, the Model 3. The electric car company now says on its website that the car starts at $42,900, still a ways from its goal of lowering the base price to $35,000.

Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford. Tesla’s cheapest model right now is the $44,000 Model 3, and it needs to broaden its customer base to survive.

Saying the road ahead was “very difficult,” Tesla’s CEO Elon Musk said Friday that the company would be cutting its staff by about 7 percent. Scott McGrew reports.

Anyone thinking about buying an electric car has just hours left to take advantage of a big federal tax credit, and Tesla said it was keeping some of its Bay Area dealerships open until midnight for those last-minute shoppers.

Tesla CEO Elon Musk dismissed the idea that the company’s new chairwoman can exert control over his behavior. Robyn Denholm, an Australian telecommunications executive, was appointed chairwoman of Tesla’s board last month, replacing Musk as part of as part of a securities fraud settlement with U.S. government regulators. But Musk said “it’s not realistic” to expect Denholm to watch over...

Tesla Motors delivered on CEO Elon Musk’s promise to make money during its latest quarter after fulfilling his pledge to boost production of its first electric car designed for the mass market.