Tesla

Musk said the factory is operating at a huge loss after Shanghai, home to one of Tesla's largest battery producers, instituted a near-total lockdown in the spring.

Musk says he will review and directly approve any requests for employees who wish to be exempt from the company's return-to-work policy, according to leaked emails reported by Electrek.

The sale caps a dizzying saga for Twitter and Elon Musk, the world's richest man and a prolific user of the social media platform.

Thousands are expected to attend the official opening of the $1 billion factory for electric vehicles.

As many as 15,000 people are expected to attend the opening of the electric carmaker's factory on Thursday. The event starts at 4 p.m.

Unfair labor practice charges have previously been filed against Tesla, Musk and other company executives for allegedly blocking union organizing attempts at the company.

California's Department of Fair Employment and Housing said in a lawsuit filed Wednesday that Black employees at Tesla's Fremont plant in the state have faced racism and harassment.

Tesla shares surged after Hertz announced a deal to buy Model 3s for rental at airports across the world. Analysts say it could boost sales of electric vehicles.

CEO Elon Musk made the announcement that the electric car company will relocate from California during a shareholders meeting Thursday in Southeastern Travis County.

Tesla’s new $1 billion electric vehicle factory will be built just east of Austin, the company’s CEO Elon Musk announced Wednesday.The factory will be…