The automaker said a former employee illegally transferred sensitive data to unidentified third parties.
Musk reportedly delivered the news in an email to Tesla employees.
Tesla is the most-shorted stock in the U.S.
The Tesla and Amazon CEOs are each pursuing private space technology ventures.
The commute from Chicago's business district to O'Hare Airport will be cut to 12 minutes from 30 to 45 minutes.
The updated version of the feature “nags” drivers to place their hands on the steering wheel more frequently than it did in the old version.
The electric automaker is looking to cut costs and boosts profits through a structural reorganization.
The automaker’s stock got a boost on Tuesday after one Wall Street firm raised its Model 3 production expectations for the quarter by 50%.
The flamethrowers sold out in just days, netting the tech entrepreneur’s Boring Company more than $10 million.
Officials said the Tesla vehicle’s driver, a 38-year-old man, did not have his hands on the steering wheel in the six seconds before the car slammed into a safety barrier.
The decision represented a major show of confidence in Musk, who has drawn criticism in recent months.
The $200,000 Roadster is scheduled to begin production in 2020.
The electric automaker maintains that demand for its Model 3 vehicle remains steady.
Tesla shares have fallen about 7% so far this year.
Political commentator Kristin Tate and Democratic strategist Al Mottur on Tesla CEO Elon Musk’s criticism of the media.