It is unusual for the National Highway Traffic Safety Administration to formally demand a recall. Automakers typically voluntarily agree to a recall if sought in discussions by regulators.
Price of bitcoin reaches $41,130 after having jumped 9.75 percent during the trading session.
CNBC has estimated Tesla chief's wealth at $185 billion. Musk has gained more wealth over the past 12 months than Bill Gates' entire net worth of $132 billion.
SpaceX founder Tesla's Elon Musk blames fast landing for the crash but recounts the successful parts of the rocket's short late afternoon trip.
Tesla CEO Elon Musk says the company is working on new battery technology that will enable it within the next three years to make sleeker, more affordable cars that can travel dramatically longer distances on a single charge.
US President Donald Trump's post contained a video clip, from an interview with Fox & Friends earlier in the day, in which Trump claimed that children are "almost immune" to Covid-19.
Tesla shares continue to rise in 2020 as the company meets key targets, in spite of issue with production and delivery in previous quarters.
Tesla's shares rose about 8.9 percent to hit $1,025 making the Silicon Valley company the second-most valuable automaker in the world, behind Japan's Toyota Motor Corp.
The RideFlux start-up brings together engineers who have given up well-paid jobs with some of South Korea's most prestigious firms to try to build a ride-sharing company for the tech-savvy nation.
Tesla CEO Elon Musk threatened to pull the company’s factory and headquarters out of California in an escalating spat with local officials who have stopped the company from reopening its electric vehicle factory.
Two NASA astronauts gearing up to ride SpaceX's new space taxi will now be on a mission planned to last more than a month, instead of a week, to help the short-handed crew aboard the ISS, the US space agency said.
Islamic finance – an amalgamation of Sharia law and modern banking – has become a $2 trillion business over the past two decades, covering everything from bonds to buying cars.
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