EghtesadOnline: Tesla Inc founder Elon Musk apologized to British caver Vern Unsworth for insulting comments he made about him following the rescue of a dozen Thai schoolboys and their football coach from a cave in northern Thailand.
EghtesadOnline: U.S. carmaker Tesla Inc has hiked prices on its Model X and S cars by about 20 percent in China, becoming the first automaker to raise prices in the world’s largest automotive market in response to a U.S.-China trade war.
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 Chief Executive Elon Musk said on Monday in an email to staff that an unnamed Tesla employee had conducted “extensive and damaging sabotage” to the company’s operations including allegedly making unspecified code changes to its manufacturing operating system and sending what the email said was sensitive Tesla data to unnamed third parties.
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 has slashed up to $14,000 off its Model X in China after Beijing announced major tariff cuts for imported automobiles, a potential sales boost for the U.S. firm as the world’s largest auto market pivots towards electric cars.
EghtesadOnline: Without a local partner, every Tesla sold in the world’s biggest EV market faces a steep import tax.
EghtesadOnline: An elated Elon Musk pulled off another seemingly impossible feat Tuesday when SpaceX launched the world’s most powerful rocket in 45 years, then flew two of its spent boosters back to the Florida coast for a spectacular, simultaneous recovery on land.
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.