United States

Alexandria Sage

U.S. securities regulator subpoenas Tesla on Model 3 production estimates

Nov 05 2018

(This version of the story has been refiled to correct spelling of partner in paragraph 10 and 11)

Tesla discloses more regulatory credits helped profit in third quarter

Nov 02 2018

SAN FRANCISCO Tesla booked $189.5 million in automotive regulatory credits in its third quarter which helped contribute to profitability, the company said in a quarterly filing on Friday.

At Telematics crossroads, TomTom CEO plots next move

Nov 02 2018

SAN FRANCISCO Digital mapmaking company TomTom will consider whether to go it alone or pursue partnerships if it sells a fleet management business which may account for more than half its current value, its chief executive told Reuters.

Waymo gets first California OK for driverless testing without backup driver

Oct 30 2018

WASHINGTON/SAN FRANCISCO Alphabet Inc's Waymo unit on Tuesday became the first company to receive a permit from the state of California to test driverless vehicles without a backup driver in the front seat, the state's Department of Motor Vehicles said.

Tesla says has not received subpoena on Model 3 production

Oct 27 2018

SAN FRANCISCO Tesla Inc has not received a U.S. subpoena related to its Model 3 production forecasts, the electric carmaker said on Friday, following a report that it faced a deepening criminal probe about the projections. | Video

Tesla shares jump as Musk delivers quarterly profit, cash

Oct 24 2018

SAN FRANCISCO Tesla Inc reported a net profit, positive cash flow and wider-than-expected margins for the latest quarter on Wednesday, delivering on Chief Executive Elon Musk's promise to turn the electric carmaker profitable as higher production volumes of its new Model 3 began to pay off. | Video

Tesla may post profit with Model 3 surge, investors look for more

Oct 24 2018

SAN FRANCISCO Chief Executive Elon Musk may post a long-promised profit when Tesla Inc reports third-quarter results later on Wednesday, as production of the Model 3 electric sedan takes off, but investors will want to know if such results are sustainable.

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