Elon Musk’s electric-car maker has outmaneuvered the competition at every turn, revving up a massive market capitalization (nearly $60 billion) despite having built relatively few cars and annual sales that are a fraction of the revenues of old-line automakers GM and Ford. Tesla’s innovations to date have included new ways of selling (no dealerships), groundbreaking technology (autopilot self-driving capabilities), and even financing (persuading customers to make deposits far in advance of delivery). Auto giants from Detroit and beyond are beefing up their electric and autonomous muscles—a clear sign that they are trying to play catch-up to Tesla’s outsize innovation.
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News about Tesla
Police said the threat was not credible.
Autopilot Buddy allowed drivers to use self-driving features without leaving their hands on the wheel.
The Tesla CEO said that an employee sabotaged the software code for manufacturing operations.
A move to improve Autopilot safety.