Tesla’s car production is an intensive environment, only the very tough who can meet demanding deadlines can thrive. According to news website, Electrek, Peter Hochholdinger, Tesla Inc’s vice president of production at its Fremont factory, has left the company. The… Read More ›
Model 3
Tesla unveils ‘Sentry Mode’ for its vehicles manufactured after Aug. 2017
Given that 773,139 motor vehicles had been reported as stolen in the United States in 2017, Tesla’s ‘Sentry Mode’ feature makes its offering more attractive to potential buyers. In a development that makes Tesla’s cars more attractive to consumers, Tesla’s… Read More ›
Saudi Arabia’s PIF hedged its 4.9% stake in Tesla Inc: FT
Saudi Arabia’s PIF used an equity collar to reduce its exposure to price movements of Tesla’s shares. As per a report by the Financial Times, Saudi Arabia’s Public Investment Fund (PIF) has reduced its exposure to Tesla Inc. Saudi Arabia’s… Read More ›
Tesla’s shares rise following launch of new Model 3 for $45,000
With U.S. tax breaks on Tesla cars set to diminish, it would be smart for potential buyers to snag one at cost-effective prices. Following the launch of a new Tesla Model 3 version for $45,000, shares of the U.S. electric… Read More ›
Tesla shifts gear from ‘production hell’ to ‘delivery logistics hell’
Irrespective of which hell it is trying to get out of, luxury carmaker Tesla is moving ahead and streamlining issues surrounding its electric car lineup. Shareholders would be particularly thrilled if it latches on to profitability. In a development that… Read More ›
Panasonic willing to increase investment in Gigafactory
Panasonic, the sole supplier of automotive batteries for Tesla’s current production models, has stated it is willing to increase its investment beyond its current $1.6 billion. On Monday, Panasonic Corp, which is already partnering with Tesla Inc in its Gigafactory,… Read More ›
Two senior executives leave Tesla
In recent times there has been a flurry of senior executives leaving Tesla. These departures come at a time when the company is looking to ramp up the production of its Model 3 sedan. Tesla Inc lost two major executives,… Read More ›
Tesla’s pickup truck to begin production in mid-2019
Its tentative schedule of production is mid-2019. Tesla’s CEO, Elon Musk stated it will soon build a pickup truck after producing the Model Y, an electric crossover vehicle. “I promise that we will make a pickup truck right after Model… Read More ›
Tesla Motors’ Model 3 delayed by production bottlenecks
Tesla is expecting to ramp up its production to 1,500 Model 3 a week. After Tesla Motors’ announcement that its mass market Model 3 sedan was facing production bottlenecks, its shares slipped by 2% before the closing of the bell… Read More ›
Tesla Motors ramps up production of Model 3, boosts incentive to its global sales & service to $700,000 if he meets targets
The success of Tesla as a company is now contingent on the success of the Model 3. Electric luxury carmaker Tesla Inc has disclosed that it would pay Jon McNeill, its global sales and service president $700,000 if he met… Read More ›