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Tesla CEO Musk Facing Defamation Trial for ‘Pedo Guy’ Tweet

LOS ANGELES — Elon Musk is going on trial Tuesday for his troublesome tweets in a defamation case pitting the billionaire against a British diver he allegedly branded a pedophile. “‘Pedo guy’ was a common insult used in South Africa when I was growing up. I...

Tesla Heads Down New Road With Car Insurance in California

SAN FRANCISCO — 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 this week comes four...
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Tesla Posts Surprisingly Large 1Q Loss as Sales Slump 31%

SAN FRANCISCO — Tesla CEO Elon Musk had prepped Wall Street for a first quarter loss but analysts were still stunned by its size: $702.1 million, among the company's worst quarters in the past two years. The net loss was more than double what analysts had p...
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On the Road to Make an Affordable Car, Tesla Cuts Jobs

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. "Looking ahead at our mission of accelerating the advent of sustainable transport and ene...