Tesla

Musk cashes out another $3.6 b in Tesla stock

A US securities filing showed he unloaded 22m shares in the world's most valuable carmaker over three days from Monday to Wednesday.

The sale was the second big chunk of stock he cashed out since his $44b purchase of Twitter in October.

It was not clear if the sales were related to the Twitter acquisition, but they were annoying investors upset by a perception he was diverting his focus and resources to Twitter ahead of Tesla.

Elon Musk declares end to remote working at Tesla

The new policy was shared in emails that were leaked to social media.

Tesla did not respond to a request for comment on the messages, one of which appeared to be addressed to executives.

People who are unwilling to abide by the new rules can "pretend to work somewhere else" Mr Musk said on Twitter, when asked about the policy.

"Everyone at Tesla is required to spend a minimum of 40 hours in the office per week," he wrote in one of the emails. "If you don't show up, we will assume you have resigned."

Tesla investigated over 'phantom braking' problem

The so-called "phantom braking" problem is being looked at by US regulator the National Highway Traffic Safety Administration (NHTSA).

It received 354 complaints in the past nine months and its investigation will cover approximately 416,000 Tesla Model 3 and Model Y vehicles from 2021-22.

Drivers say the issue occurs using the Autopilot driver assistance system.

The feature gives the vehicle control over some elements of braking and steering when driving, although it is not a substitute for a human driver.

Tesla fined in Norway over battery issues

The case was brought by 30 customers, reports Norwegian news platform Nettavisen.

The fine amounts to 136,000 Norwegian Krone (£11,500) for each complainant.

Tesla did not file a response, Nettavisen said, but it may now appeal.

The BBC has contacted Tesla for comment.

The change affected Tesla Model S vehicles made between 2013 and 2015. The battery involved has not been manufactured since 2016.

Tesla delivers its first 'Made in China' cars

Fifteen Model 3 sedans were handed over at the company's so-called "Gigafactory" near Shanghai.

It comes as Elon Musk's company aims to secure a significant slice of the world's biggest car market.

Tesla's move into the country comes as the trade war has forced other American companies to shift production out of China.

US technology giants Apple, Google, HP, and Dell have all reportedly started the process of moving production from China to other Asian countries.

Tesla finishes installing mega-battery in Australia

The 100-megawatt battery in South Australia is designed to provide security to the state's electricity grid.

It will store enough energy to power 30,000 homes for about an hour.

Tesla's chief executive Elon Musk had said the battery would be free if it was not installed within 100 days of signing a contract for the project.

It appears the company will meet the 1 December deadline for installation of the battery array, which will be connected to a wind farm run by French renewable energy company Neoen.

Tesla: World's biggest battery half-built

The plan to build the 100MW (129MWh) lithium battery grew out of a Twitter bet between Tesla boss Elon Musk and Australian software entrepreneur Mike Cannon-Brookes.

Mr Musk said Tesla would build the wind-charged battery in 100 days or the state would not have to pay for it.

It is designed to help prevent power cuts that regularly hit the region.

Critics have said the area's reliance on renewable energy sources has left it vulnerable.

Tesla and Panasonic are working on a new solar project

The electric automaker, which is already working with Panasonic to produce car batteries, wants to start production of photovoltaic components at the SolarCity (SCTY) factory in Buffalo as soon as next year.

Tesla ordered to dump Autopilot brand in Germany

The Federal Motor Transport Authority (KBA) confirmed it had told Tesla to scrap the "misleading" term.

It said the term gave customers "incorrect expectations" that they could stop concentrating on the road and let Autopilot take over completely.

Tesla said it had always told drivers to keep their hands on the wheel.

The Autopilot software helps cars:

Hackers take remote control of Tesla's brakes and door locks from 12 miles away

Hackers can remotely hijack your car and even control its brakes from 12 miles away.

 

Car hacking is a hot topic

Today many automobiles companies have been offering vehicles with the majority of functions electronically controlled, from instrument cluster to steering, brakes, and accelerator.

These auto-control electronic systems not only improve your driving experience but at the same time also increase the risk of getting hacked.