Photo of Tesla Model Y

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...
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New Tesla Chair Must Rein in CEO Musk at Key Moment

WASHINGTON — It won't be an easy job. Whoever becomes the new chairman of Tesla Motors will face the formidable task of reining in Elon Musk, the charismatic, visionary chief executive with an impulsive streak, while also helping Musk achieve his dream of t...
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Musk Says He’s Cracking Under Stress of Tesla Job

What do you do when your CEO confesses that he's cracking under the stress of his job? That's the question that the nine board members of electric car and solar panel maker Tesla Inc. must answer after Elon Musk, the company's impulsive leader, admitted to ...