Tesla Inc. is making a one-time payment of almost $1 million to Chief Executive Officer Elon Musk related to a controversial insurance arrangement he agreed to with the carmaker’s board earlier this year. The company is backtracking from plans to …
Tesla Inc. was sued over a Maryland highway crash last year in which a Model 3’s airbags failed to deploy, leaving a college professor with brain damage. Elon Musk, the company’s co-founder, has touted the Model 3 as the “safest …
Tesla founder and CEO Elon Musk is getting into the insurance business again, sort of. Musk has cancelled his company’s directors and officers insurance (D&O), replacing it with a promise to personally provide his board members with “equivalent” coverage to …
A federal judge said Tesla Inc. and Chief Executive Elon Musk must face a lawsuit claiming they misled shareholders when Musk tweeted that he had secured funding to take his electric car company private in a $72 billion transaction. U.S. …
Tesla Inc. said on Monday there was no unintended acceleration in its vehicles, as it responded to a petition to a U.S. safety regulator to investigate and recall around 500,000 of the company’s electric cars over the alleged defect. On …
The National Highway Traffic Safety Administration is investigating the crash of a speeding Tesla that killed two people in a Los Angeles suburb, the agency announced Tuesday. Agency spokesman Sean Rushton wouldn’t say whether the Tesla Model S was on …
The driver of a Tesla says the car was on autopilot when it struck a police cruiser and a disabled vehicle on Saturday in Connecticut, according to State Police. State Police said troopers responded to Interstate 95 northbound early Saturday …
Walmart Inc. has settled its lawsuit against Tesla Inc. over fires at more than a half-dozen of the retail giant’s stores. Walmart sued the electric-car maker and solar company in New York State Supreme Court in August, alleging that its …
Insurance giant American International Group Inc. may get wrapped up in a defamation case involving billionaire Elon Musk, who has told lawyers representing the British cave diver suing him that he’s financially illiquid, according to a legal filing. An attorney …
U.S. regulators are looking into parking lot crashes involving Tesla Inc. cars driving themselves to their owners using the company’s Smart Summon feature, the National Highway Traffic Safety Administration (NHTSA) said on Wednesday. Several users have posted videos on social …
