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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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 ...
Photo of Elon Musk

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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Tesla Without Musk at the Wheel? That’s What the SEC Wants

DETROIT — Tesla without Elon Musk at the wheel? To many of the electric car maker's customers and investors that would be unthinkable. But that's what government securities regulators now want to see. The Securities and Exchange Commission has asked a feder...