Tesla

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Tesla to Disable Gaming While Vehicle Is Moving

NHTSA has launched an investigation of 'Passenger Play' feature

(Newser) - Tesla has released a software update that will block drivers from playing video games on the front touch screen while their vehicle is in motion. Tesla announced the move after the National Highway Traffic Safety Administration opened an investigation of the "Passenger Play" feature, the Wall Street Journal reports....

This Year's Stock Market Rise Has a Potential Hitch

It hinges on 5 big stocks, which makes investors worried

(Newser) - If your 401(k) has done well in 2021, a Goldman Sachs analysis points to five key reasons:
  • Apple
  • Microsoft
  • Nvidia
  • Alphabet (Google)
  • Tesla

Birth of Baby Takes Tesla Owners for Ride

Mom delivered in Tesla on autopilot

(Newser) - A Pennsylvania woman and her husband knew their new baby was coming soon when she went into labor in September, but they didn't know how soon. Nor did Keating and Yiran Sherry know that they wouldn't even make it to the hospital before little Maeve was born. Per...

Tesla Is Courting Kids With an Electric ATV

$1.9K miniature Cyberquad modeled after Cybertruck released ahead of adult version

(Newser) - Tesla previewed an electric ATV, the Cyberquad, with the presentation of its Cybertruck two years ago. What the company was keeping hushed up was its plans to first release a miniature $1,900 version for kids, which has arrived just in time for the holiday shopping season. The Cyberquad for...

Yet Another Major Stock Dump for Elon Musk

CEO sells off an additional $1.05B worth of Tesla shares, inching closer to his 10% goal

(Newser) - Elon Musk asked the internet, and it looks like he's going to acquiesce to the internet. Earlier this month, the Tesla CEO put up a Twitter poll asking if followers thought he should sell 10% of his Tesla stock, promising to "abide by the results" either way. The...

Tesla Users Find Out What Happens When App Doesn't Work

Drivers worldwide were stranded when apparent outage made them unable to unlock, start their cars

(Newser) - There's something to be said for a physical key to unlock and start your car. Tesla drivers around the globe found that out last week when the app they use to perform such functions was apparently affected by an outage, leaving them stranded. The BBC reports that just after...

Tesla's 'Tumultuous Year' Just Got Worse

Automaker ranked almost last for reliability in new Consumer Reports ranking

(Newser) - Lexus will be pleased with the latest Consumer Reports new-car reliability rankings , but one big name won't be. After surveying owners of more than 300,000 vehicles that were 2020 or 2021 models, the consumer group placed Tesla second to last (ahead of only the Lincoln brand owned by...

Elon Musk Unloads $5B in Tesla Stock

$1.1B of it will go toward taxes

(Newser) - Since Twitter voted that he should sell 10% of his Tesla stock, Elon Musk has sold off about $5 billion worth of shares. The Tesla CEO on Monday sold $1.1 billion worth—in a plan that was set in motion in September, long before the poll, MarketWatch notes—and...

Markets' Longest Winning Streak Since 2019 Is Over

Tesla drops another 12%

(Newser) - US stocks closed lower Tuesday, ending the market’s longest winning streak in more than two years. The S&P 500 fell 0.4%. The Dow Jones Industrial Average lost 0.3% and the Nasdaq fell 0.6%. Tesla slumped again, losing 12% after its CEO Elon Musk said over...

Elon Musk Asks Twitter Users to Decide His Stock Move
Twitter
Makes a
Big Decision
for Elon Musk
UPDATED
Nov 8, 2021 12:02 AM CST

Twitter Makes a Big Decision for Elon Musk

Nearly 58% vote in favor of him selling 10% of his Tesla stock

(Newser) - Update: Twitter has spoken. Of the more than 3.5 million users who took part in Elon Musk's poll, 57.9% of them voted that, yes, he should sell 10% of his Tesla stock, the Verge reports. In proposing the poll, the Tesla CEO had pointed out, "Note,...

Elon Musk, Hertz Seem to Disagree on Their Deal

Musk says there's no contract, while Hertz says the first of 100K Teslas are being delivered

(Newser) - Last month, Hertz made big headlines by announcing it had a huge deal with Tesla to buy 100,000 electric cars. The news sent shares of Tesla soaring. Now comes this twist courtesy of Elon Musk: "I’d like to emphasize that no contract has been signed yet,"...

Elon Musk Answers UN Challenge on Hunger Donation

Tesla founder questions whether $6B will solve the problem

(Newser) - Challenged by a United Nations official to donate enough money to help solve world hunger, Elon Musk responded with a challenge of his own. David Beasley, director of the World Food Program, had called on Musk, Jeff Bezos, and others among the world's wealthiest people to make a one-time...

The Hertz-Tesla Deal Has Big News for Uber

Hertz will rent up to half of its new Teslas to Uber drivers

(Newser) - Hertz is adding 100,000 Teslas to its US and European fleets, and on Wednesday it announced that up to half of those will be rented out to Uber drivers. "Today's partnership with Uber is another major step forward in Hertz becoming an essential component of the modern...

Elon Musk&#39;s Wealth Grew by $36B in One Day
Elon Musk
Got $36B
Richer in
One Day
Oct 26, 2021 12:40 AM CDT

Elon Musk Got $36B Richer in One Day

Thanks to Tesla's stock surge

(Newser) - Elon Musk's net worth increased by $36.2 billion Monday, thanks to Tesla's stock surge . That's the largest single-day jump in the history of the Bloomberg Billionaires Index. Musk is now worth $288.6 billion after Tesla saw a 12.7% stock increase due to its deal...

S&amp;P 500, Dow Hit New Highs Amid Strong Profit Reports
Tesla Jumps 12.7% After
Hertz Deal Announced
MARKETS
Oct 25, 2021 3:56 PM CDT

Tesla Jumps 12.7% After Hertz Deal Announced

Dow, S&P 500 hit record highs

(Newser) - Wall Street notched some more record highs on Monday as a better-than-expected profit reporting season gets into higher gear. The S&P 500 rose 0.5%, surpassing the peak it set on Thursday. Tesla jumped 12.7% to the biggest gain in the S&P 500 after Hertz said it...

For Tesla, Good News From Hertz, Bad News on Bugs

Rental company to buy 100K sedans, while self-driving software has a hiccup

(Newser) - Car rental company Hertz is ordering 100,000 electric vehicles from Tesla. The company says it's buying the Tesla Model 3 small cars by the end of 2022, and it also will buy electric vehicle chargers, per the AP . No price was given for the order, but it is...

Musk Widens Richie-Rich Gap, Trolls Bezos

SpaceX CEO tweets a silver medal at space race rival

(Newser) - Elon Musk is pulling further ahead of Jeff Bezos as the world's richest man, and trolling all the way. Privately-held SpaceX saw its valuation rise to $100.3 billion this week as insiders agreed to sell up to $755 million in stock to new and existing investors at $560...

Musk to Move Tesla From California to Texas

'There's a limit to how big you can scale in the Bay Area,' CEO says

(Newser) - There were signs: Elon Musk moved from Los Angeles to Texas, and he held Tesla's shareholders meeting in Austin—the first time it's been held outside California. Musk used the occasion to announce Thursday that Tesla's headquarters will be moving to Austin, as well. At the moment,...

Guy Who Alleged Swastikas at Tesla Wins $137M

Owen Diaz said company created a hostile work environment

(Newser) - Tesla has been ordered to pay a whopping $137 million to a former contract employee who sued over racist abuse he endured at the company's factory in Fremont, Calif. Elevator operator Owen Diaz said he worked at the factory for about a year up to 2016, during which fellow...

Cops' Suit: Tesla on Autopilot Slammed Into Us

5 police officers were injured in February by Model X during Texas traffic stop

(Newser) - Tesla calls its Autopilot feature the "future of driving," but it's a future that at least five Texas cops aren't keen on, unless Tesla remedies "known defects." KPRC 2 reports that those five police officers have now filed suit against the automaker, after they...

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