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The car company run by Elon Musk asked a federal court Friday to dismiss massive damages awarded to victims of a deadly crash, arguing that their lawyers had misled the jury by improperly bringing up the billionaire during the trial. The filing in Miami federal court seeks to overturn the $243 million award after a 22-year old […]
Billionaire Elon Musk’s electric vehicle company Tesla rejected a $60 million settlement proposal in a lawsuit over the 2019 fatal crash of an Autopilot-equipped Model S before a jury this month awarded a $243 million verdict in the case. Lawyers for the plaintiffs disclosed the settlement proposal in a filing on Monday in the federal court in Miami, as part of a request […]
The Tesla Motors Inc. logo. Michael Short | Bloomberg | Getty Images Tesla is now training a new Full Self-Driving model boasting “big” video improvements and size upgrades, CEO Elon Musk said Wednesday on social media. “Tesla is training a new FSD model with ~10X params and a big improvement to video compression loss. Probably […]
A jury in Miami has determined that Tesla should be held partly liable for a fatal 2019 Autopilot crash, and must compensate the family of the deceased and an injured survivor a portion of $329 million in damages. Tesla’s payout is based on $129 million in compensatory damages, and $200 million in punitive damages against the […]
A vehicle Tesla is using for robotaxi testing purposes on Oltorf Street in Austin, Texas, US, on Sunday, June 22, 2025. Tim Goessman | Bloomberg | Getty Images In an earnings call this week, Tesla CEO Elon Musk teased an expansion of his company’s fledgling robotaxi service to the San Francisco Bay Area and other […]
Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images At Tesla, vehicle sales are slumping, profits are thinning and revenue from regulatory credit sales are poised to dry up due to Republican-led […]
White House Senior Advisor Elon Musk walks to the White House after landing in Marine One on the South Lawn with U.S. President Donald Trump (not pictured) on March 9, 2025 in Washington, DC. Samuel Corum | Getty Images News | Getty Images Tesla shares fell in premarket trade on Monday after CEO Elon Musk […]
Elon Musk, chief executive officer of Tesla Inc., during a meeting between US President Donald Trump and Cyril Ramaphosa, South Africa’s president, not pictured, in the Oval Office of the White House in Washington, DC, US, on Wednesday, May 21, 2025. Jim Lo Scalzo | Bloomberg | Getty Images Tesla shares have dropped 7% from […]
Tesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing and Washington. The U.S. company posted on the Chinese social media service Weibo that the project would be the largest of its kind in China when completed. Utility-scale battery energy storage systems help […]
Blythe Christopher attends a demonstration to protest Tesla robotaxis on June 12, 2025 in Austin, Texas. Todd Wiseman With Elon Musk looking to June 22 as his tentative start date for Tesla’s pilot robotaxi service in Austin, Texas, protesters are voicing their opposition. Public safety advocates and political protesters, upset with Musk’s work with the […]
