Tesla CEO Elon Musk pledged to pay to secure clean water for homes in Flint, Mich., the city that fell into economic depression amid the decades-long decline of Detroit's auto industry and is still recovering from a major public health emergency.
A former Tesla employee portrayed by CEO Elon Musk as a saboteur has filed a whistle-blower tip to the Securities and Exchange Commission alleging the company made misstatements and omissions to investors.
A Shanghai official responded to a question on whether Tesla will transfer technology to a Chinese partner after signing a preliminary agreement with the Shanghai government to build an assembly plant in the city.
Tesla reached a preliminary agreement with the Shanghai government to build a factory that'll rival production from its lone U.S. assembly plant, as Elon Musk takes his biggest step yet to expand overseas. Planned capacity is 500,000 vehicles a year.
What are we to make of reports that Tesla scrambled to reassemble mothballed factory equipment, overworked its staff, took out 300 welds and stopped a standard brake test as it raced to meet its goal?