Elon Musk

CEO Elon Musk says while it is still better to buy solar panels, the rental option ‘makes the economics obvious’

The CEO and Founder said Tesla owners would be able to send their car out to do taxi work while they are doing other tasks

The firm boasted adjusted profits of $516m

Mr Musk and Tesla, which has also been fined $20m, have agreed to settle the charges against them without admitting or denying the allegations

The Securities and Exchange Commission claims the CEO broke the law by tweeting “misleading” information

  Tesla and SpaceX plan to send one of Elon Musk’s electric sports cars to Mars on the back of their new rocket in a launch scheduled for later today. The CEO’s old Tesla Roadster will be strapped to the Falcon Heavy, which is able to lift nearly 64 metric tonnes into space, making it the […]

Tesla’s recently installed backup battery unit in South Australia has already prevented an outage by providing 100MW of power to the grid in just 140 milliseconds. It restored power following an outage caused by a failure at the coal-fired Loy Yang power plant in Victoria. The lithium-ion battery, said to be the world’s largest, draws […]

Elon Musk has unveiled the prototype of Tesla’s first electric truck. The Tesla Semi, which the car manufacturer will start producing in 2019, will be equipped with a semi-autonomous driving system. It will have a range of 500 miles on a single charge and is expected to challenge trucks that run on diesel. It is […]

Tesla is considering rebuilding Puerto Rico’s storm-damaged power grid with its battery storage and solar energy equipment. The technology firm’s CEO Elon Musk has started to provide the nation with Powerwall battery storage units after two hurricanes in just a few weeks left thousands of homes and businesses without electricity. The devices provide a short term […]

Tesla is now accepting orders for its glass solar roof tiles. CEO Elon Musk made the announcement on Twitter yesterday. The energy generated by the tiles would be stored in its home battery ‘Powerwall’. Mr Musk said the solar tiles would cost less than a normal one with PV panels and they could be manufactured […]