The Latest Breaking News from Zachary Kirkhorn

The billionaire put an end to rumors about his possible departure as CEO of the electric-vehicle leader.

Since 2019, scaling EV production from a financial standpoint has been the work of Tesla’s CFO Kirkhorn. He's helped Tesla's value grow from $50 to $500 billion.

Tesla Inc. shares slid the most in more than three months after Elon Musk indicated his company will keep cutting prices to stoke demand even after markdowns early this year took a significant toll on profitability.

The electric vehicle maker cut U.S. prices for the sixth time this year, prompting analysts to question its strategy.

SAN FRANCISCO: Elon Musk said on Wednesday that electric vehicle (EV) giant Tesla likely will launch full self-drive technology this year and generate significant profits that offset some of the margin pressure it's facing due to aggressive price cuts.

Tesla says it will use innovative manufacturing techniques and smaller factories to cut the cost of its next generation of vehicles by as much as half of the ones it now builds

The EV maker is trying to stimulate demand in one of the most important automotive markets.

The electric vehicle manufacturer seems to be trying to address a demand problem in the United States and China.

The electric vehicle manufacturer is having its worst year since going public.

Many tech groups, anticipating a recession, have begun to implement austerity.