Tesla will channel the fund to ramp up the production of the Model 3 by nearly 6 times their current levels. Tesla’s Balance sheet got a boost when yield-hungry investors snapped up Tesla’s $1.8 billion junk bond, as they raced… Read More ›
Model 3
Tesla adds James Murdoch and Linda Johnson Rice to its Board of Directors
With these latest additions, all eyes are on the success of its mass-market sedan, the Model 3. There is no looking back if the Model 3 is a hit. Tesla Inc has appointed James Murdoch, the Chief Executive of Twenty-First… Read More ›
Tesla works to resolve legacy clients related issues with Grohmann Engineering
Tesla’s needs Grohmann Engineering’s expertise to ramp up its production to 500,000 cars by 2018. Tesla Inc has stated it is determined to resolve the outstanding disputes with the legacy customers of its Grohmann engineering unit. Issues had flared up after… Read More ›
As first quarter results for 2017 roll in, Tesla reports doubling of Profits
Although Musk’s bold moves have taken investor’s fancy, sceptics and investors alike are holding their breath as to whether Musk will be able to deliver his promise on the Model 3. Tesla Inc has reported a doubling of its profits… Read More ›
Musk pushing the envelope in the Model 3’s production strategy
Earlier Musk had spoken about his vision to investors with the production line working like an “alien dreadnought” factory in which robots and artificial intelligence are predominantly used to build cars. The vision will however take a while to materialise… Read More ›
Panasonic deepens its strategic partnership with Tesla
It will be investing $256 million in Tesla’s plant in Buffalo, NY which will manufacture solar photovoltaic cells and modules. Panasonic Corp is set to invest $256 million (30 billion yen) in Tesla New York facility which will make photovoltaic… Read More ›
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