Tesla News Updates

Government, Business, Technology, TCA

New Mexico State Senate Panel Passes Tesla-Backed Bill

A state Senate bill that would allow electric vehicle manufacturer Tesla and others to open stores and service centers in New Mexico was approved by the Public Affairs Committee on Jan. 31.

February 1, 2019
Business, Technology

Teslas Sales Top Expectations, but Earnings Disappoint

Tesla on Jan. 30 reported fourth-quarter results that included better-than-expected sales but its earnings supported CEO Elon Musks assertion from earlier this month that the electric-car maker has a very difficult road ahead in 2019.

January 31, 2019
Business, Technology

Tesla CFO Steps Down for Second Time

Tesla CEO Elon Musk revealed Chief Financial Officer Deepak Ahuja will retire a second time, reinforcing Teslas reputation for having an active revolving door of top executives.

January 31, 2019
Business, Technology

Ford CEO Jim Hackett, Teslas Elon Musk Urge Workers to Help Boost Profits

Ford Motor Co.s Jim Hackett and Tesla Inc.s Elon Musk are rallying the troops with similar appeals to make more money.

January 25, 2019
Business, Technology

Tesla Gets Green Light to Start Delivering Model 3 in Europe

Tesla Inc. received permission to start selling its Model 3 in Europe, clearing the final hurdle in bringing the electric-car makers top seller to the home turf of Audi, BMW and Mercedes-Benz.

January 22, 2019
Government, Business, Technology, Fuel

Tesla Cuts Jobs on the Road to Making an Affordable Electric Car

Tesla, recognizing as imperative its ability to produce a cheaper electric car, told employees Jan. 18 that it must cut 7% of its workforce.

January 18, 2019
Business, Technology, Logistics

Elon Musk, Tesla Break Ground on China Plant, First Outside US

After four years of planning, Tesla Inc. finally broke ground on its planned $5 billion factory in the worlds biggest auto market, China. But the timing couldnt be more inauspicious.

January 7, 2019
Business, Technology

Tesla Said to Be Close to Model 3 Approval for Europe Sales

Tesla Inc. has yet to obtain approval from authorities in Europe to begin selling the Model 3 in the region, though this isnt expected to impede the carmaker from starting deliveries next month, according to a person familiar with the matter.

January 4, 2019
Government, Business, Technology, Autonomous

Tesla Sinks After Cutting Model 3 Price as Deliveries Disappoint

Tesla Inc. plunged in early trading Jan. 2 after delivering fewer Model 3 sedans than analysts expected in the fourth quarter and cutting prices to partially make up for the federal tax credit thats been halved in the U.S.

January 2, 2019
Business, Technology, Autonomous

Tesla Year-End Push May Drive Cash Flow Higher, Expert Says

Tesla Inc.s extraordinary efforts to deliver Model 3s before the end of the year could drive a substantially higher cash flow in the fourth quarter, Morgan Stanley analyst Adam Jonas said.

December 18, 2018