KEY TAKEAWAYS Even though Tesla shares are down this year on investor worries that CEO Elon Musk is too focused on the cost-cutting department DOGE, Wedbush stuck with its $550 price target and outperform call on the EV maker.
Texas, sent a letter to the Labor Department on Feb. 19 urging OSHA to release full results of its investigation, suggesting it could raise questions about whether the agency is giving Musk preferential treatment if it fails to do so.
The plant, a 10-million square-foot facility in Austin, Texas, is a manufacturing hub for Tesla’s Model Y vehicles and Cybertrucks.
Tesla Inc. filed a motion to partially dismiss a patent infringement lawsuit filed against it by Granite Vehicle Ventures LLC concerning its autonomous-driving technology. Tesla also requested the case be moved from Texas to California.
Tesla and Honda are set to purchase all the power from Delilah I, a new 300 MW solar farm in Texas.
The Tesla CEO has said the National Highway Traffic Safety Administration is slowing progress on autonomous vehicles.
Victor J. Gomez was electrocuted at the Austin site in 2021. OSHA cited the automaker, but hasn't released a report on the incident.
The department didn't share details of Tesla's workplace safety failures or whether the Texas automaker faced penalties. The Occupational Safety and Health Administration started the ...