DOJ wants Tesla documents on automated driving

Tesla Inc. is already facing multiple investigations by the National Highway Traffic Safety Administration for problems with its two driver-assist systems, Autopilot and “Full Self-Driving.”

Tesla price cut 'puts pressure on owners,' expert says | LiveNOW from FOX

Tesla's massive price cuts are shaking up the auto industry and impacting decisions for current owners and prospective buyers. "These price cuts, as well as inventory on the ground, will win Tesla market share and help consumers overlook the brand's aging lineup," said Jessica Caldwell, Edmunds' executive director of insights. The Tesla website shows the Model Y with the largest drop in sticker price, from $65,990 to $52,990, a 20% decrease. The lowest-priced Model 3 dropped to $43,990 from $46,990, a 6.4% drop For people currently in, or considering entering, the Tesla market -- price cuts of 20% or more don't come around often, so acting now is in your best interest before any corrections in the opposite direction. For current Tesla owners, the best course of action is to keep the keys and wait for the market to shift. Eventually the value of your Tesla will normalize the longer it's in your possession. More LiveNOW from FOX streaming video

Elon Musk takes stand in Tesla tweets trial

Elon Musk took the witness stand Friday to defend 2018 tweets claiming he had lined up the financing to take Tesla private in a deal that never came close to happening. Some investors said the tweet cost them millions. At one point during Musk's testimony, he said, "I care a great deal about retail investors. They are our most loyal and steadfast investors." The trial hinges on the question of whether a pair of tweets that Musk posted on Aug. 7, 2018, damaged Tesla shareholders during a 10-day period leading up to a Musk admission that the buyout he had envisioned wasn’t going to happen. More LiveNOW from FOX streaming video

Elon Musk depicted as liar and visionary during Tesla tweet trial

The descriptions of Elon Musk emerged Wednesday in a trial focused on a Tesla buyout that didn’t occur. The case focused on two tweets indicating that Musk lined up the financing to take Tesla private at a time when the automaker’s stock was slumping.