EghtesadOnline: A tense and short-tempered Chief Executive Elon Musk barked at engineers on the Fremont, California assembly line. Tesla Inc pulled workers from other departments to keep pumping out the Model 3 electric sedans, disrupting production of the Model S and X lines. And weekend shifts were mandatory.
EghtesadOnline: Tesla Inc has flown six planes full of robots and equipment from Europe to California in an unusual, high-stakes effort to speed up battery production for its Model 3 electric sedan, people familiar with the matter told Reuters this week.
EghtesadOnline: Tesla Inc.’s delay in getting mass production going is increasing the likelihood that Chief Executive Officer Elon Musk will need to turn to Wall Street for more capital.
EghtesadOnline: There will be no $35,000 Teslas in 2017. The electric carmaker updated its website for customer reservations on Wednesday, including a table that shows the base Model 3 won’t be available until some time next year.
EghtesadOnline: Tesla Inc on Friday lowered the base price of its Model X SUV to $79,500 and said improving margins were behind the move, which came as the automaker is ramping up production of its new lower-priced Model 3.
EghtesadOnline: Tesla Inc's (TSLA.O) shares rose 6 percent on Thursday as investors continued to bet on CEO Elon Musk's ability to successfully take the company out of "manufacturing hell" as it ramps up production of its mass-market Model 3 sedans.
EghtesadOnline: First the Model 3 electric car. Now the solar roof. In just one week, Tesla has challenged two distinct industries with radically new products.
EghtesadOnline: Tesla Inc.’s Elon Musk keeps getting the green light to do what it takes to bring electric cars to the masses, regardless of how much it’s going to cost.
EghtesadOnline: Facing a severe cash crunch, Tesla Motors Inc plans to raise additional money this year to help fund development and production of its new Model 3 sedan and build out a massive battery factory, the company said on Wednesday.