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US Agency Examining Tesla Unintended Acceleration Complaint

DETROIT — The U.S. government's auto safety agency is looking into allegations that all three of Tesla's electric vehicles can suddenly accelerate on their own. The agency said it will look into allegations that cover about 500,000 Tesla vehicles including ...
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Vegas Tourism Board Backs $49 Million Elon Musk Transit System

A company backed by tech billionaire Elon Musk has been granted a nearly $49 million contract to build a transit system using self-driving vehicles underneath the Las Vegas Convention Center. The system will use self-driving electric vehicles capable of tra...
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Tesla Walks Back Its Plan to Close Most Showrooms

DETROIT — Tesla is walking back plans to close most of its showrooms worldwide and announced price hikes for most of its electric vehicles. "As a result of keeping significantly more stores open, Tesla will ...
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Tesla Burns $739.5 Million in Cash on Way to Record Loss

Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars. But CEO Elon Musk pledged to post net profits in future quarters, and on a con...