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Elon Musk spent nearly nine hours on the witness stand in the trial

Musk found not liable in trial over 2018 tweet

A US jury has found Tesla CEO Elon Musk and his company were not liable for misleading investors when Mr Musk tweeted in 2018 that he had "funding secured" to take the electric car company private.

US • 04 Feb 23

Before the price cut, Tesla inventory in the United States had been trending higher

Tesla slashes prices in US, Europe to drive demand

Tesla has slashed prices on its electric vehicles in the United States and Europe by as much as 20%, extending a strategy of aggressive discounting after missing Wall Street estimates for 2022 deliveries.

Business • 13 Jan 23

Tesla delivered 405,278 vehicles in the fourth quarter ended December 31

Tesla deliveries miss estimates due to demand concerns

Tesla said quarterly deliveries fell short of market estimates, held back by ongoing logistical issues and growing demand concerns that rounded off a tumultuous 2022 for the Elon Musk-led firm.

Business • 03 Jan 23

Under Zhu, Tesla's Shanghai plant rebounded strongly from Covid lockdowns in China.

Tesla makes Zhu highest-profile executive after Musk

Tesla's China chief Tom Zhu has been promoted to take direct oversight of the electric carmaker's US assembly plants as well as sales operations in North America and Europe, according to an internal posting of reporting lines reviewed by Reuters.

Business • 03 Jan 23

Elon Musk disclosed another $3.6 billion in sales of Tesla shares last week

Musk says he will not sell more Tesla stock for 2 years

Tesla chief executive Elon Musk has said he will "probably" not sell any more Tesla stock for about two years.

Business • 23 Dec 22

Elon Musk now has a 13.4% stake in Tesla, down from about 17% a year ago

Musk cashes out another $3.6 billion in Tesla stock

Tesla boss Elon Musk has disclosed another $3.6 billion in stock sales, taking his total near $40 billion this year and frustrating investors as the company's shares wallow at two-year lows.

Business • 15 Dec 22

One focus of the redesign codenamed "Highland" is to reduce the number of components and complexity in the interior of the Model 3

Tesla readies revamped Model 3 with project 'Highland'

Tesla is developing a revamped version of Model 3, according to four people with knowledge of the effort, as the top EV maker aims to cut production costs and boost the appeal of the five-year-old electric sedan.

Business • 28 Nov 22

Tesla investors have been increasingly concerned about the time that Elon Musk is devoting to turning around Twitter

Elon Musk says he will find a new leader for Twitter

Elon Musk said he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that he hoped to complete an organisational restructuring this week.

Business • 17 Nov 22

Elon Musk's move reflects policies at his other companies SpaceX and Tesla

Musk to Twitter staff: Bankruptcy not out of question

Twitter owner Elon Musk has told employees that he is not sure how much run rate the company has and that bankruptcy is not out of the question.

Business • 11 Nov 22

The changes to the verification system have been a central part of Elon Musk's plans since the billionaire completed his takeover of the site

Musk 'kills' new Twitter 'Official' verification label

Twitter owner Elon Musk has said he axed offering grey ticks and an "Official" label to high-profile accounts within hours of rolling them out because it was "an aesthetic nightmare".

Business • 09 Nov 22

The Texas-based electric vehicle manufacturer has released an over-the-air software update to recalibrate the system

Tesla recalls 40,000 US vehicles

Tesla is recalling just over 40,000 2017-2021 Model S and Model X vehicles that may experience a loss of power steering assist when driving on rough roads or after hitting a pothole.

Business • 08 Nov 22

Tesla CEO Elon Musk said the company was seeing 'excellent' demand in the fourth quarter

Tesla sees 2022 delivery miss, Q3 revenue below targets

Tesla said today it expected to miss its vehicle delivery target this year, but downplayed concerns about softening demand after its revenue missed Wall Street estimates.

Business • 20 Oct 22

Musk agreed in April to buy Twitter for $44bn, but within weeks said the number of bot accounts was much higher than Twitter's estimate of less than 5% of users

Twitter confirms Musk to go ahead with $44bn deal

Elon Musk has offered to push through with his buyout of Twitter at the original agreed price of $44 billion (€44.1bn), just weeks before the scheduled start of a bitter court case over his efforts to withdraw from the deal.

Business • 05 Oct 22

Tesla delivered a total of 343,830 vehicles, compared to market expectation of 359,162 in the third quarter of 2022

Tesla logistic issues widen deliveries & production gap

Tesla shares fell about 5% today after the world's most valuable automaker sold fewer-than-expected vehicles in the third quarter as deliveries lagged way behind production due to logistic hurdles.

Business • 03 Oct 22

Elon Musk said there is still work to be done to refine the robot

Musk previews Tesla's humanoid robot

Tesla Chief Executive Elon Musk has showed off a prototype of humanoid robot 'Optimus', predicting the electric vehicle maker would be able to produce millions of them and sell them for under $20,000 each.

World • 01 Oct 22

Tesla's production forecast, if achieved, would put the EV maker on track to meet Elon Musk's goal for production in the coming quarter

Tesla output forecast shows jump in Q4 - sources

Tesla plans to push global production of its top-selling Model Y and Model 3 electric vehicles sharply higher in the fourth quarter and build on that growth in 2023 as newer factories in Austin and Berlin ramp production, internal plans reviewed by Reuters show.

Business • 30 Sep 22

Elon Musk addresses guests at the Offshore Northern Seas 2022 (ONS) meeting in Stavanger, Norway today

Musk focused on getting self-driving Teslas by year end

Tesla chief Elon Musk said today he aimed to get the electric automaker's self-driving technology ready by the end of the year and hopes it could be in wide release in the US and possibly in Europe, depending on regulatory approval.

Business • 29 Aug 22

Shares of the electric-car maker, led by Elon Musk, opened at $302 and dipped to $293 in early trading.

Tesla shares slip as 3-1 stock split kicks in

Tesla's shares slipped today as a three-for-one stock split announced by the world's most valuable automaker to woo retail investors took effect.

Business • 25 Aug 22

Going forward, Farley has mapped out a strategy for Ford to develop a broad lineup of electric vehicles.

Ford cuts 3,000 jobs as it pivots to EVs

Ford Motor said it will cut a total of 3,000 salaried and contract jobs, mostly in North America and India, as it restructures to catch up with Tesla in the race to develop software-driven electric vehicles.

Business • 22 Aug 22

Musk has a history of being unconventional and posting irreverent tweets, making it difficult sometimes to tell when he is joking.

Elon Musk was 'joking' about buying Manchester United

Elon Musk, the world's richest person, has said he was joking when he tweeted that he was going to buy currently struggling English football club Manchester United.

Business • 17 Aug 22

Elon Musk has sold $6.9 billion worth of shares in Tesla

Musk sells Tesla shares worth $6.9 billion

Tesla chief executive Elon Musk has sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform.

Elon Musk • 10 Aug 22

In November last year, the US regulator had issued a subpoena related to a settlement that required Musk's tweets on material information to be vetted

Tesla gets subpoena over Musk's 2018 go-private tweets

Tesla has received a second subpoena from the US Securities and Exchange Commission over its Chief Executive Elon Musk's tweets in 2018 about taking the company private, the electric automaker disclosed in a regulatory filing.

Business • 25 Jul 22

Tesla does not have a demand problem, but a production problem, Musk told a conference call.

Tesla profit tops target, Musk sees no demand problem

Tesla has reported a smaller-than-expected drop in quarterly profit as a string of price increases on its electric vehicles (EVs) helped offset production challenges caused by Covid-19 lockdowns in China.

Business • 21 Jul 22

The company has planned to sue Musk to force him to complete the deal

Twitter hits back at Musk, plans to sue Tesla boss

Twitter has fired back at Elon Musk, accusing the world's richest person of "knowingly" breaching an agreement to buy the social media firm, days after the Tesla chief sought to back out of the $44 billion deal.

Business • 12 Jul 22

Twitter is planning to file a law suit early this week in Delaware, people familiar with the matter said

Twitter slides after Musk's $44bn deal falls apart

Elon Musk has mocked Twitter's threat to sue him following his move to abandon the $44 billion takeover deal, tweeting the social media firm would need to disclose more information on bots and spam accounts.

Business • 11 Jul 22