Tesla

Elon Musk sells nearly $7 billion worth of Tesla stock to fund his Twitter deal.

Elon Musk sells nearly $7 billion worth of Tesla stock to fund his Twitter deal.

Elon Musk, the chief executive of electric vehicle maker Tesla, has sold about $7 billion worth of company stock, a move he said on Twitter was an effort to raise cash in case he was forced to complete its $44 billion deal to acquire Twitter. The sale of 7.92 million Tesla shares began on Friday, …

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California DMV accuses Tesla of making false claims about Autopilot and fully autonomous driving

California DMV accuses Tesla of making false claims about Autopilot and fully autonomous driving

The California Department of Motor Vehicles (DMV) has accused Tesla of falsely advertising its Autopilot and Full Self-Driving (FSD) features, as reported earlier by the Los Angeles Times (via CNBC). The agency filed two separate complaints with the state’s Office of Administrative Hearings on July 28, alleging that Tesla made “false or misleading” statements about …

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California DMV accuses Tesla of falsely advertising Autopilot and full self-driving features

California DMV accuses Tesla of falsely advertising Autopilot and full self-driving features

The California Department of Motor Vehicles has accused Tesla of false advertising in its promotion of the company’s Autopilot and fully autonomous driving technologies. The agency alleges the electric car maker misled customers with advertising language on its website portraying Autopilot and full self-driving technologies as more capable than they actually are. The company “has …

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Futures: Soft Landing Rally Faces Big Test;  Tesla Split OK

Futures: Soft Landing Rally Faces Big Test; Tesla Split OK

Dow Jones futures were little changed overnight, along with S&P 500 and Nasdaq futures, with Friday’s July jobs report looming. You’re here (TSLA) shareholders approved a 3-for-1 stock split Thursday night. X The stock market rally ended mixed on a relatively quiet Thursday for the major indices, but there were a few big profit drivers. …

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Forget Those Tesla Crashes: GM Says You Can Trust Its Self-Driving Vehicles

Forget Those Tesla Crashes: GM Says You Can Trust Its Self-Driving Vehicles

General Motors is racing to electrify its vast lineup of vehicles in a concerted bid to overtake Tesla as the world’s top seller of electric vehicles. But it also competes with Tesla on a whole other front: self-driving vehicles. On that front, GM feels like it has an advantage. Its hands-free advanced driver assistance system, …

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