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☆ Chevron’s $53 Billion Oil Deal Is Backed by Hess Shareholders
▼ + stars: | 2024-05-28 | by ( Rebecca Elliott | ) www.nytimes.com time to read: +1 min

A large oil industry deal advanced on Tuesday after shareholders of Hess approved a proposed sale of the company to Chevron for $53 billion. Control over one of the most prized oil assets, off the shores of Guyana, is at stake in the deal, which still faces significant hurdles. Exxon is contesting Chevron’s acquisition of Hess by arguing that Hess can’t sell itself without allowing Exxon to buy its stake in the Guyana project. Chevron and Hess have said Exxon’s interpretation of the terms of Exxon and Hess’s partnership is incorrect. But Hess prevailed at its shareholders’ meeting on Tuesday in convincing a majority that the deal was in their best interest.

Persons: Hess Organizations: Chevron, Exxon Mobil, Exxon Locations: Guyana, sweetening

☆ Biden and Big Oil Had a Truce. Now, It’s Collapsing.
▼ + stars: | 2024-05-21 | by ( Lisa Friedman | Rebecca Elliott | ) www.nytimes.com time to read: +1 min

Early in his term, President Biden seemed to have struck an uneasy truce with the oil and gas industry. Mr. Biden had imposed restrictions on drilling as part of his ambitious climate agenda, but he also approved an enormous $8 billion oil project in Alaska. The United States had become the world’s leading exporter of natural gas, and no other country in history was pumping more crude. Then, in January, Mr. Biden paused new permits for export facilities for liquefied natural gas. That decision galvanized oil and gas companies against Mr. Biden, according to industry lobbyists, and will be an undercurrent at a fund-raising lunch set for Wednesday in Houston.

Persons: Biden, Donald J, Trump, Mr, “, ”, Thomas J, Pyle Organizations: United, Mr, American Energy Alliance Locations: Alaska, United States, Houston

☆ Elon Musk Seeks Greater Control Over Tesla Ahead of AI Advancements
▼ + stars: | 2024-01-16 | by ( Mauro Orru | Rebecca Elliott | ) www.wsj.com time to read: 1 min

U.K. Prime Minister Rishi Sunak and billionaire Elon Musk discussed a wide range of topics, from China to the implications of rogue robots, during an event at the UK’s first major summit on artificial intelligence safety. Photo: Tolga Akmen/Press PoolElon Musk said he feels uncomfortable making Tesla a leader in artificial intelligence and robotics without having about 25% voting control of the electric-car maker. Musk said late Monday in a post on X that he wants enough control at Tesla to be influential, but not so much that he couldn’t be overruled.

Persons: Rishi Sunak, Elon Musk, Tolga, Tesla, Musk, couldn’t Organizations: Elon Locations: China

☆ How Tesla’s Cybertruck Compares With Other Pickups
▼ + stars: | 2023-12-01 | by ( Nate Rattner | Rebecca Elliott | ) www.wsj.com time to read: 1 min

AUSTIN, Texas— Tesla ’s long-awaited Cybertruck has hit the road, but how does it compare with its rivals? With the unusual, stainless-steel pickup, Tesla is aiming to tap into demand from consumers who want a head-turner that is quick and capable of towing cargo or taking a beating off-road.

Persons: Tesla, Cybertruck Locations: AUSTIN, Texas

☆ Tesla’s Long-Awaited Cybertruck to Start at Roughly $61,000
▼ + stars: | 2023-11-30 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/autos/tesla-cybertruck-event-delivery-price-b613d149

Persons: Dow Jones

☆ The Tesla Cybertruck Is Almost Here. What Will It Cost?
▼ + stars: | 2023-11-30 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

The launch of Tesla’s Cybertruck is one of the most anticipated electric-vehicle releases in history. Barclays analyst Dan Levy and AlixPartners’ Mark Wakefield weigh in on how Tesla’s first pickup could shake up the market. Photo: Frederic Brown/Getty ImagesAfter a two-year delay, Tesla is finally ready to start delivering its first Cybertruck pickups to customers. The big questions now for those who have endured the wait: How much will it cost and how far can it travel on a single battery charge?

Persons: Dan Levy, AlixPartners ’ Mark Wakefield, Frederic Brown, Tesla Organizations: Barclays

☆ Behind Tesla’s Challenges in Making the Cybertruck: Ultrahard Stainless Steel
▼ + stars: | 2023-11-27 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

The Cybertruck launch is a critical one for Tesla, whose sales growth has slowed. Photo: mike blake/ReutersWith the Cybertruck, Tesla sought to break from convention by cladding its electric pickup in ultrahard stainless steel, a material that doesn’t need to be painted, resists dents and adds to the vehicle’s distinctive look. Turns out, the choice of metal has further complicated an already difficult new-model launch for the world’s most valuable automaker.

Persons: Tesla, blake Organizations: Reuters

☆ Elon Musk’s Social-Media Comments Spark Tesla Investor Backlash
▼ + stars: | 2023-11-22 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

Elon Musk has said he isn’t antisemitic and criticized media coverage of his actions. Photo: tolga akmen/pool/ShutterstockThe controversy over Elon Musk’s comments on the social-media platform X reached the board of Tesla this week. Several prominent Tesla investors are speaking out after Musk, the car maker’s chief executive, last week called an antisemitic post “the actual truth.”

Persons: Elon Musk, tolga, Elon Musk’s, ”

☆ Tesla Prevails in One of First Trials Over Autopilot’s Role in a Fatal Crash
▼ + stars: | 2023-10-31 | by ( Rebecca Elliott | Ryan Felton | ) www.wsj.com time to read: 1 min

Tesla’s Autopilot system is at the center of several lawsuits. Photo: fazry ismail/ShutterstockTesla has prevailed in one of the first U.S. trials over the involvement of its Autopilot system in a fatal crash. A Southern California jury on Tuesday found there wasn’t a manufacturing defect in the advanced driver-assistance system of a Tesla that veered off an interstate and hit a tree outside of Los Angeles in 2019. The driver ultimately died of injuries suffered in the crash.

Persons: fazry ismail, Shutterstock Tesla Locations: U.S, Southern California, Los Angeles

☆ Tesla’s Price Cuts to Weigh on Third-Quarter Earnings
▼ + stars: | 2023-10-18 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

Giant touch screens. EVs have become computers on wheels. WSJ’s Joanna Stern took three of the leading cars on a road trip and then leased the best one. Photo illustration: Annie Zhao/The Wall Street JournalChief Executive Elon Musk is under pressure to show investors that he can keep Tesla ’s profit machine humming, after a disappointing third quarter in which its sales momentum slowed despite steep price cuts. The electric-car pioneer is set to report financial results for the July-to-September period after the markets close Wednesday.

Persons: Joanna Stern, Annie Zhao, Elon Musk, Tesla Organizations: Street

☆ Tesla’s Earnings Fall as Price Cuts Weigh on Profits
▼ + stars: | 2023-10-18 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

Giant touch screens. EVs have become computers on wheels. WSJ’s Joanna Stern took three of the leading cars on a road trip and then leased the best one. Photo illustration: Annie Zhao/The Wall Street JournalTesla ’s profit tumbled 44% in the third quarter as the impact of steep price cuts across the company’s lineup continued to take a toll on the electric-car maker’s bottom line. Revenue was up 9% to $23.4 billion, lifted by higher vehicle deliveries compared to the same year-ago quarter.

Persons: Joanna Stern, Annie Zhao, Tesla Organizations: Revenue

☆ For Tesla’s Cybertruck, Another Sales Launch Date Comes and Goes
▼ + stars: | 2023-10-01 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ Tesla Is Accused of Racial Harassment at California Factory
▼ + stars: | 2023-09-28 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Tesla Is Accused of Tolerating Racial Harassment, in EEOC Suit
▼ + stars: | 2023-09-28 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/tesla-is-accused-of-tolerating-racial-harassment-in-eeoc-suit-ef72f336

Persons: Dow Jones

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/justice-department-probe-scrutinizes-elon-musk-perks-at-tesla-going-back-years-3493e321

Persons: Dow Jones, 3493e321

☆ Rebecca Elliott — Reporter at The Wall Street Journal
▼ + stars: | 2023-09-11 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

Rebecca ElliottRebecca Elliott is a reporter in The Wall Street Journal's San Francisco bureau covering autos and technology, including Tesla. She previously wrote about energy from Houston, where her work focused on the leaders of the U.S. fracking boom. Before joining the Journal, Rebecca covered local government and politics for the Houston Chronicle. She graduated from Harvard College.

Persons: Rebecca Elliott Rebecca Elliott, Rebecca Organizations: San, Houston Chronicle, Harvard College Locations: San Francisco, Houston

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/elon-musk-takeaways-book-paints-complicated-picture-of-the-worlds-richest-man-671b645a

Persons: Dow Jones

☆ DOJ, SEC Investigate Tesla Over Secret Glass House Project
▼ + stars: | 2023-08-30 | by ( Rebecca Elliott | Dave Michaels | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ Tesla’s New CFO Is Known as VT. The Rest Is a Mystery.
▼ + stars: | 2023-08-11 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/teslas-new-cfo-is-known-as-vt-the-rest-is-a-mystery-a24f3446

Persons: Dow Jones

☆ Elon Musk Calls Cybertruck Tesla’s ‘Best Product Ever.’ Here Comes the Test.
▼ + stars: | 2023-08-08 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Locations: elon

☆ The Executive Who Keeps Tesla Rolling Isn’t Elon Musk
▼ + stars: | 2023-08-07 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

Tesla had been bleeding money for more than a decade when Zach Kirkhorn became finance chief. At the end of a quarterly analysts’ call four years ago, Tesla Chief Executive Elon Musk said his new CFO would be “Zach,” without giving his last name. Some on the call had never heard of him.

Persons: Tesla, Zach Kirkhorn, Elon Musk, Zach

☆ Tesla CFO Steps Down Ahead of Cybertruck Launch
▼ + stars: | 2023-08-07 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Tesla CFO Zach Kirkhorn Steps Down Ahead of Cybertruck Launch
▼ + stars: | 2023-08-07 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ X, Formerly Known as Twitter, Reinstates Kanye West’s Account
▼ + stars: | 2023-07-30 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Organizations: kanye, wests

☆ Tesla to Report Second-Quarter Earnings Fueled by Sales Growth
▼ + stars: | 2023-07-19 | by ( Rebecca Elliott | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/tesla-tsla-q2-earnings-report-2023-9be2b571

Persons: Dow Jones

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