Tesla shares dropped about 7% Tuesday morning following a report that the U.S. Justice Department was investigating comments by CEO Elon Musk related to taking the company private.
Paul Ausick Audi on Monday introduced its luxury midsize all-electric SUV, the e-tron. The vehicle is aimed squarely at the Tesla Model X and the new Jaguar I-pace. The Audi even has a hook…
Paul Ausick Saudi Arabia to invest in a rival to Tesla, Apple will avoid some tariffs, SpaceX announces its first passenger to the moon, and other important business headlines.
Tesla has admitted it has more problems that will affect its car buyers and owners. One is the logistics of car delivery and service. The other is the slowness of repairs.
Douglas A. McIntyre Time magazine is being sold, Walmart begins to do business in New York City, BMW announces plans for self-driving vehicles, and other important business headlines.
Luxury car sales rely on product appeal and the outstanding customer service buyers expect in exchange for high purchase prices. Tesla admitted shortcomings in the second category, a threat to its efforts…
Douglas A. McIntyre The United States may rekindle trade negotiations with China, the global oil supply hits an all-time high, Tesla loses another senior manager, and other important business headlines.
Twitter to bring "hundreds of hours" video to the site, car sales in the world's largest market are falling, and other important business headlines.
The top analyst upgrades, downgrades and initiations seen on Tuesday include Baker Hughes, CBS, Generac, Halliburton, Nike, PG&E, Snap, Tesla, Weatherford and Western Digital.
Sanctions against Iran could cause a spike in oil prices, Boeing expects sales to China to rise, Snap shares fall as senior executive departs, and other important business headlines.
Auto production is not Musk's specialty. Among the most important decisions he has made was to appoint a production specialist as Tesla's auto division chief.
Douglas A. McIntyre Tesla founder Elon Musk could lose his job soon if his behavior worsens. And he does not have the shares to hold on if the board decides it has had enough.
Tesla shares tumbled on Friday after a couple of developments calling into question the company's executive leadership.
Chris Lange Mercedes-Benz introduced Tuesday the first in its line of all-electric EQ cars at a Swiss auto show. This is the fourth luxury carmaker to take aim at Tesla's high-end Model S and…
Paul Ausick The Model 3 is widely viewed as the most important building block for Tesla's future. But CEO Elon Musk says production of a lower priced version of that model would cause losses…
Douglas A. McIntyre 