Tesla Motors
Tesla comes out with seven-seater mid-size SUV Model Y
18 Mar 2019
The Model Y has an estimated range of 300 miles (480 km) and a top speed of 130 miles (210 km) per hour and can accelerate from 0 to 60 miles (0-100 km) in 5.5 seconds
Tesla launches more affordable $35,000 Model 3
04 Mar 2019
Elon Musk ousted as Tesla chairman, asked to pay $20 m fine
01 Oct 2018
As part of the settlement of an SEC lawsuit, Musk will neither admit nor deny the allegations, but will resign as Tesla chairman and pay $20-mn fine with Tesla also paying a similar fine
SEC sues Elon Musk for fraud, seeks his ouster as Tesla chief
28 Sep 2018
In its lawsuit, the US regulator said Musk calculated the $420 price per share, at a 20 per cent premium over that day’s closing share price and that the number’s slang reference to marijuana and hints in emails and text messages pointed that it was only intended to impress his girlfriend
Tesla downsizing solar business, shuttering several offices
22 Jun 2018
Tesla had controversially acquired SolarCity, run by two of Elon Musk’s cousins, in what critics had termed a bailout at the expense of Tesla shareholders. Now, it is closing several solar installation offices and downsizing staff
Truck startup Nikola sues Tesla for ‘infringing’ several patents
03 May 2018
Nikola Motor Company has filed a $2-billion lawsuit against Tesla claiming several patent infringements after Tesla sought to poach Nikola’s chief engineer
‘Automated Tesla cars can save 900,000 lives a year,’ says carmaker
02 Apr 2018
One automotive fatality takes place every 86 million miles across all vehicles from all manufacturers, while for vehicles fitted with autopilot hardware, it is one fatality, every 320 million miles