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Tesla CEO Elon Musk’s Next Big Bet Rides on Better Batteries

SAN RAMON — Tesla is working on new battery technology that CEO Elon Musk says will enable the company within the next three years to make sleeker, more affordable cars that can travel dramatically longer distances on a single charge. Musk reiterated that t...

Tesla Picks Texas Site for Second US Vehicle Assembly Plant

Electric car maker Tesla Inc. has picked the Austin, Texas, area as the site for its largest auto assembly plant employing at least 5,000 workers. The new factory will build Tesla’s upcoming Cybertruck pickup and will be a second U.S. manufacturing site for...
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NTSB Blames Drivers, Tesla, Lax Regulations in Florida Crash

DETROIT — The National Transportation Safety Board says two drivers, Tesla and lax regulation of new partially automated driving systems are to blame for a fatal 2019 crash in Florida involving a Tesla on Autopilot. The NTSB, in a report issued Thursday, sa...
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Tesla Offers $2B in Added Shares, Stock up Despite Dilution

DETROIT — Shares of Tesla rose a bout 1.5% in trading Thursday morning after the electric vehicle and solar panel maker said it would sell over $2 billion worth of additional shares. In its statement, Tesla says Musk will buy $10 million worth of the stock ...