Tesla News

Tesla’s Release of New ‘Self-Driving’ Software Closely Watched by U.S. Regulator

The U.S. auto safety regulator on Thursday said it was closely watching Tesla Inc’s release of a software version intended to allow its cars to drive themselves, saying it stood ready to protect the public against safety risks. Tesla on …

CEO of Top Battery Maker LG Chem Discloses JV Talks, Defends Split-Off

SEOUL — LG Chem, the world’s top electric vehicle (EV) battery maker, is in talks with a “couple” of automakers to create joint ventures to produce automotive batteries, Chief Executive Officer Hak Cheol Shin told Reuters on Friday. LG Chem …

An Activist Investor Crusades Against Forced Arbitration at Tesla

When Tesla Inc.’s shareholders gather September 22 for their annual meeting, Kristin Hull will have roughly three minutes to make the case against the company’s use of mandatory arbitration for employee sexual harassment and racial discrimination claims. Hull is the …

How Tesla Defined a New Era For the Global Auto Industry

FRANKFURT/BEIJING/DETROIT — Tesla Inc’s rapid rise to become the world’s most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how. …

German Court Bans Tesla Ad Statements Related to Autonomous Driving

FRANKFURT — Germany has banned Tesla from repeating what a court says are misleading advertising statements relating to the capabilities of the firm’s driver assistance systems and to autonomous driving, a Munich judge ruled on Tuesday. Tesla can appeal the …

Rising Claims, Feared Covid-19 Surge, Push Firms to Seek D&O Insurance Alternatives

When Elon Musk said in April he was dropping the insurance policy that protects Tesla Inc.’s board from shareholder lawsuits, it got Skip McBride’s attention. To McBride, who used to manage law firm Bracewell LLP’s malpractice exposure, Musk’s decision to …

Tesla, California County Reach Deal to Reopen U.S. Plant Next Week

Tesla Inc. and officials in California have resolved their acrimonious clash over safety procedures at the automaker’s sole U.S. assembly plant with a deal that allows production to resume as early as Monday, county officials said. The county said the …

Trump Wants California to Let Automaker Tesla Reopen Assembly Plant

FREMONT, California — President Donald Trump on Tuesday urged that Tesla Inc be allowed to reopen its electric vehicle assembly plant in California, joining CEO Elon Musk’s bid to defy county officials who have ordered it to remain closed. “California …

Tesla Sues California County in Virus Factory Closure Fight, Threatens to Leave

Tesla Inc. sued local authorities in California on Saturday as the electric carmaker pushed to re-open its factory there and Chief Executive Elon Musk threatened to move Tesla’s headquarters and future programs from the state to Texas or Nevada. Musk …

Tesla Sent Incomplete Injury Reports, California Regulator Says

For years, Tesla Inc. has refuted concerns about worker safety at its main assembly plant by describing reviews from a California regulator as vindication. But new documents and statements from the agency contradict those claims. Tesla omitted hundreds of injuries …