Tag Archives: TESLA

SpaceX launches biggest US ‘rideshare’ mission with 64 satellit...

12 December, 2018 10:54 pm 10:54 pm

CALIFORNIA (Reuters) – Elon Musk’s SpaceX launched a Falcon 9 rocket from California  carrying 64 small satellites into low orbit around the Earth, which the company called the largest-ever “rideshare” mission by a US-based rocket. The mission, dubbed SSO-A, also Read More

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Tesla achieves Model 3 production of 1,000 cars per day

12 December, 2018 9:49 am 9:49 am

CALIFORNIA (Reuters) – Tesla Inc met its production target of 1,000 Model 3 cars per day, automotive news website Electrek reported , citing Chief Executive Officer Elon Musk’s email to employees. The car was introduced to the public in early Read More

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Tesla starts taking Model 3 orders in China

11 November, 2018 9:39 am 9:39 am

CALIFORNIA (Reuters) – Tesla Inc has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153.60), according to the electric carmaker’s China website. Chief Executive Officer Elon Musk said, “Probably some deliveries in Read More

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Shareholder firm ‘Baillie Gifford’ willing to invest more in T...

10 October, 2018 11:34 am 11:34 am

LONDON (Reuters) – Baillie Gifford & Co, one of the top shareholders of Tesla Inc, has said it would be willing to inject more cash into the electric carmaker, the Times reported on Monday. “If he (Tesla CEO Elon Musk) Read More

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Tesla’s Elon Musk says tweet that led to $20 million fine ‘Wort...

10 October, 2018 9:11 am 9:11 am

CALIFORNIA (Reuters) – Tesla Inc Chief Executive Elon Musk said the tweet that cost him and the company $20 million in fines each by the US Securities and Exchange Commision was “Worth It”. The tweet, sent less than an hour Read More

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Tesla shares jump as Musk delivers quarterly profit, cash

10 October, 2018 8:50 am 8:50 am

SAN FRANCISCO (Reuters) – Tesla Inc reported a net profit, positive cash flow and wider-than-expected margins for the latest quarter , delivering on Chief Executive Elon Musk’s promise to turn the electric carmaker profitable as higher production volumes of its Read More

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Tesla secures Shanghai site for $2 billion China Gigafactory

10 October, 2018 9:45 am 9:45 am

BEIJING (Reuters) – Tesla Inc  has signed an agreement with the Shanghai government for an 860,000 square metre plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social media post. The land agreement Read More

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Tesla makes 7,400 Model 3s so far in October: Electrek

10 October, 2018 9:40 am 9:40 am

CALIFORNIA  (Reuters) – Tesla Inc has produced more than 11,500 cars, including about 7,400 Model 3s, so far this month, automotive news website Electrek reported , citing a source familiar with the matter. Tesla managed to maintain a Model 3 Read More

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Tesla shares jump on Model 3 numbers, Musk deal

10 October, 2018 9:22 am 9:22 am

CALIFORNIA (Reuters) – Shares of Tesla Inc jumped by almost 18 percent  as Chief Executive Elon Musk settled a lawsuit that had threatened to force him out and said a surge in third-quarter production had driven it to the verge Read More

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Musk to resign as Tesla chairman, remain as CEO in SEC settlement

09 September, 2018 8:41 am 8:41 am

WASHINGTON (Reuters) – Tesla Inc and Elon Musk have agreed to pay $20 million each to financial regulators and the billionaire will step down as the company’s chairman but remain as chief executive, under a settlement that caps a tumultuous Read More

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Tesla’s Musk may settle SEC lawsuit but ready for fight

09 September, 2018 9:08 am 9:08 am

NEW YORK (Reuters) – Tesla Inc’s  Elon Musk could settle with US regulators who have sued to remove him from the electric carmaker’s leadership, but he is prepared to fight the securities fraud lawsuit against him in court, sources said  Read More

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Tesla is making its own car carriers

09 September, 2018 9:23 am 9:23 am

CALIFORNIA (Reuters) – Tesla Inc  is building its own car carriers, as the electric carmaker faces vehicle distribution problems. The company is upgrading its logistics system but running into an “extreme” shortage of car carrier trailers, Chief Executive Elon Musk Read More

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Audi launches electric SUV in Tesla’s backyard, with assist from Amaz...

09 September, 2018 10:27 am 10:27 am

SAN FRANCISCO (Reuters) – German luxury car brand Audi  staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc , and highlighted a deal with Amazon.com Inc  to make recharging its Read More

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Tesla to bring most collision repairs in-house: Musk

09 September, 2018 9:26 am 9:26 am

CALIFORNIA (Reuters) – Tesla Inc is bringing most collision repairs in-house, Chief Executive Officer Elon Musk said in a tweet on Sunday, saying owners of the vehicles were experiencing excessive wait times at body shops. “Exciting to see some Tesla Read More

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Musk says Tesla has gone from ‘production hell’ to ‘deliv...

09 September, 2018 9:19 am 9:19 am

CALIFORNIA (Reuters) – Tesla Inc’s Chief Executive Officer Elon Musk acknowledged that the company was facing more logistical problems now than production delays, in response to a customer complaint on delivery delay. “Sorry, we’ve gone from production hell to delivery Read More

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