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leaningleft

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Is Tesla going private? Elon Musk claims 'investor support is confirmed' after tweeting plans to privatize at $420 per share, in shock announcement that HALTED the stock for almost two hours

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Billionaire tech mogul and Tesla boss Elon Musk said Tuesday that he's considering taking the electric car company private at $420 a share. Tesla shares were later halted in afternoon trading.

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Tamster

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Tesla reports the biggest loss in its history after burning through more than $800 MILLION in three months

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NEW Tesla has reported record losses after boosting production of its Model 3s at its factory in Fremont, California. Elon Musk also took the apologise to two analysts he berated earlier this year


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"Stand with anybody that stands RIGHT. Stand with him while he is right and PART with him when he goes wrong." --Abraham Lincoln
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Any people anywhere, being inclined and having the power, have the right to rise up, and shake off the existing government, and form a new one that suits them better. This is a most valuable - a most sacred right - a right, which we hope and believe, is to liberate the world.

Abraham Lincoln
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EdMenti

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It's not a car I'm going to buy!
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BobBarney

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Former Tesla employee being sued for 'sabotage' claims he is a whistleblower drawing attention to 'really scary things' at the firm

Ex-Tesla employee being sued for 'sabotage' claims he is a whistleblower

Martin Tripp, a process engineer from Nevada, was hit with a $1 million suit alleging he hacked into Tesla's system, transferred data to third parties and gave false leaks to the media.

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BillB

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'Thank God our girls weren't in the car': The West Wing star Mary McCormack reveals her husband's Tesla Model S 'spontaneously' burst into flames while he was driving in Los Angeles

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BobBarney

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Charred aftermath of Tesla crash scene is released as investigators reveal the autopilot car SPED up seconds before crashing into a barrier killing an Apple engineer 

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Shocking crash photos reveal the aftermath of a devastating multi-car crash caused by a Tesla autopilot speeding up to 71mph, with charred wreckage strewn across a California freeway.

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ChrisB

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Tesla in Autopilot mode crashes into a parked police car as Elon Musk's firm faces continued scrutiny over collisions 

This photo provided by the Laguna Beach Police Department shows a Tesla sedan, left, in autopilot mode that crashed into a parked police cruiser Tuesday, May 29, 2018, in Laguna Beach, Calif. Police Sgt. Jim Cota says the officer was not in the cruiser at the time of the crash and that the Tesla driver suffered minor injuries. (Laguna Beach Police Department via AP)

Authorities say a Tesla sedan in Autopilot mode has crashed into a parked police cruiser in Laguna Beach, Southern California.

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FrankR

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Musk is little more than a spin machine attempting to cover his own shortcomings and the fact that Tesla is on life support financially. Good luck to anyone who bought a Tesla. Let's see what your resale value looks like as you near the end of the battery pack's useful life.


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BobBarney

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Data from wrecked Tesla vehicle confirms car ACCELERATED moments before plowing into the back of firetruck leaving two injured

Tesla on autopilot sped up seconds before Utah crash

The system of a Tesla car involved in a headline-making crash in Utah this month increased the speed of the vehicle by almost 10 kph just seconds before it smashed into a firetruck stopped at a red light. A police report of the incident says the electric Tesla Model S was on semi-autonomous Autopilot mode when it sped up from 55 mph (89 kph) to 60 mph (97 kph) in just 3.5 seconds before it hit the truck. Tesla CEO Elon Musk, who issued a scathing attack on media credibility yesterday, has been vocal against those who criticize Tesla cars, despite growing concern about their safety.

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Tamster

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Tesla driver, 48, dies as his car smashes into a motorway central reservation and explodes into flames 'when its battery went into meltdown'

Tesla driver dies when car smashes into a motorway central reservation

The 48-year-German driver died when his car hit the barrier in the central reservation of a motorway in the southern Swiss canton of Ticino, turned over and burst into flames. In a statement, the locakl fire brigade said the violent impact of the accident caused a phenomenon known as 'thermal runaway' which caused the battery to explode. It is unclear whether the Tesla's autopilot system was engaged at the time. The crash comes as police in Utah are looking into a collision involving a Tesla electric car on autopilot that hit a fire department vehicle over the weekend. Pictured inset is a Tesla Model S saloon car.


__________________
"Stand with anybody that stands RIGHT. Stand with him while he is right and PART with him when he goes wrong." --Abraham Lincoln
-------------------------------------------------------------------
Any people anywhere, being inclined and having the power, have the right to rise up, and shake off the existing government, and form a new one that suits them better. This is a most valuable - a most sacred right - a right, which we hope and believe, is to liberate the world.

Abraham Lincoln
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