New York City officials held preliminary talks with Elon Musk about a Boring Company tunnel to connect Manhattan to JFK airport, Bloomberg News reported Thursday. The plan was eventually scrapped, the Boring Company confirmed to Bloomberg. A "one-seat" ride t…

Cindy Nicola, Tesla 's vice president of global recruiting, is leaving the company, according to a source familiar with the matter. A Tesla representative confirmed Nicola's departure and said this week is her last at the automaker. "I’ve loved every minute o…

This story was delivered to Business Insider Intelligence Transportation & Logistics Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. E-commerce giant Amazon invested in Aurora, a California-based …

Tesla has made its semi-autonomous driver-assistance system, Autopilot, a standard feature on Model 3 sedans ordered in China, Electrek first reported. "We periodically adjust available options, packages, and pricing to maximize value and make our vehicles ev…

Tesla and Mercedes-Benz are in talks about a potential collaboration on an electric version of Mercedes-Benz's Sprinter van, Bloomberg reports. Tesla CEO Elon Musk said in November via Twitter that he would reach out to Mercedes-Benz to discuss the possibilit…

This story was delivered to Business Insider Intelligence Transportation & Logistics Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. Tesla announced earlier this week that it agreed to acquire Max…

Tesla has launched an Amazon store where it is selling branded merchandise, Electrek first reported. Tesla rolling out a store on Amazon's platform shows the company is looking for new ways to get its products in front of more people. The items for sale range…

Tesla last week reported another profitable quarter and said it would achieve a profit for " all quarters going forward." The electric-car maker also said it has sufficient cash on hand make its biggest debt payment in March 2019, the largest in its history. …

Tesla said Friday that it had began delivering Model 3's in China. The company also announced a cheaper version of the sedan, which will start at roughly $64,000. Elon Musk told investors Wednesday he expects Tesla's Shanghai factory to be producing Model 3's…

Elon Musk flew 150,000 miles in 2018 on a $70-million private jet. SpaceX reportedly billed Tesla $700,000 for Musk's use of the aircraft. Neither SpaceX nor Tesla has expressed any reservations about Musk's travel. Musk can fly his place anywhere he wants, a…

Elon Musk’s Surprise Pick for Tesla CFO Is a Relative Unknown The Wall Street Journal Tesla shares fall after company posts fourth-quarter profit that misses expectations, replaces CFO CNBC Tesla misses on earnings, says it will produce the Model 3 at 'maximu…

Tesla CEO Elon Musk expects the automaker to deliver around 50% more vehicles in 2019 than it did in 2018, even if there's a global recession, he said on Wednesday. "Even if there's a global recession, we're expecting deliveries this year to be about 50% high…

Tesla reported its second profitable quarter in a row on Wednesday. On the earnings conference call, CEO Elon Musk said that profitability should continue going forward. "I am optimistic about being profitable in Q1 and all quarters going forward," he said. A…

Tesla broke through the $7 billion barrier in revenue for the fourth quarter of 2018. Tesla's revenue has been surging since mid-2018. Tesla's firehose of money has showed up at exactly the right time for the company to fund future expansion. Tesla reported f…

Tesla told investors that it " purchased and are continuing to purchase our own car-hauling truck capacity" in Q4 2018. Upping its trucking capacity allows Tesla to deliver autos more quickly. The car company has struggled with deliveries in the past. Tesla C…

Tesla will end its owner referral program on February 1. The referral program has allowed Tesla owners to receive rewards based on the number of customers who use their referral code when buying a Tesla vehicle. Some Twitter users and members of Tesla's onlin…

Tesla is scheduled to report fourth-quarter earnings after Wednesday's closing bell. Elon Musk, the electric-car maker's CEO, warned investors and employees two weeks ago that pressure to achieve a profit and make the Model 3 more affordable led to more than …

Tesla is scheduled to report fourth-quarter earnings after Wednesday's closing bell. Elon Musk, the electric-car maker's CEO, warned investors and employees two weeks ago that pressure to achieve a profit and make the Model 3 more affordable led to more than …

Tesla has introduced a new price tier for its Model S sedan and Model X SUV weeks after eliminating each vehicle's lowest-priced trim. The Model S now starts at $85,000 before federal and state incentives, while the Model X starts at $88,000. Customers can pa…

Tesla is set to report fourth-quarter earnings after Wednesday's closing bell. "We believe Model 3 demand, production, and margin are the primary drivers of stock performance in 2019," said Oppenheimer analyst Colin Rusch. Capital expenditure for Tesla's over…

Saudi Arabia has reportedly slashed its exposure to Tesla. Part of the SEC’s complaint against Tesla and Elon Musk last year was related to Musk’s claims that Saudi Arabia was backing him in taking the company private. The SEC fined Tesla and Musk separately …

Last year, Tesla CEO Elon Musk accused Wall Street analysts of asking boring and bonehead questions. He later apologized — but he was actually right. Wall Street's inability to understand the Tesla's and the traditional auto industry business for the past fiv…

California's Division of Occupational Safety and Health inspected GA4, an assembly line Tesla constructed in an open-air structure outside its main vehicle factory, and issued penalties for six violations of California's labor regulations. The citations resul…

Tesla CEO Elon Musk on Friday sent a letter to employees, saying the company would lay off approximately 7% of its workforce due specifically to pressure on profits and the Model 3's production challenges. Shares have plunged 17% following the announcement, b…

Tesla laid off 7% of its employees on Friday. Tesla employees who were let go on Friday described to Business Insider an abrupt, impersonal process that left them wondering why they had been chosen. One former employee expressed both sadness at having to leav…

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RT @Openskies13: $TSLA: Citigroup PT $278 from $215 - Reuters News https://t.co/DXmkbZVluD

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Green-Wednesday, $TSLA opened at $276.33 and closed at $271.99. Up $2.20 or 0.82% from previous close of $269.79. This is the 2nd consecutive green-day for $TSLA. Weekly, $TSLA stock is down -$2.44 or -0.89% since last Friday's closing price of $274.43. https://t.co/oCICdNI3gU

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