Tesla Motors shares fell the most since early July Monday, the first day insiders could sell shares that they bought during the electric carmaker’s initial public offering six months ago. Get the full story »
Tesla Motors
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Tesla recalls 400 Roadsters over fire risk
Tesla Motors is recalling more than 400 of its battery-powered Roadsters because of the risk that a power cable in the vehicle could short and catch fire.
Palo Alto, Calif.-based Tesla said it had received one report of a 12-volt cable in the vehicle chafing against a panel, causing the cable to short. Get the full story »
Tesla IPO gets unexpected charge
Shares of Tesla Motors Inc. climbed in their trading debut after the electric car maker’s expanded initial public offering raised more money than expected.
Tesla’s performance was a feat in a sour market that has forced many companies looking to raise funds through IPOs to accept lower prices to get deals done. Get the full story »