Elon Musk
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Wall Street analysts drilled Tesla about the profitability and margins of its vehicles, as the automaker posted a huge loss despite record deliveries.
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Tesla meeting: The “cyberpunk truck,” vegan cars, and mining?
CEO Elon Musk updated investors on the upcoming pickup, Full Self-Driving capability, and oddball questions over vegan interiors and aquatic cars.
Bengt Halvorson -
Big investment not enough for long term at Tesla, Musk says: report
Elon Musk told Tesla employees he will review "all expenses of any kind anywhere in the world, including parts, salary, travel expenses, rent, literally every payment that leaves our bank account" going forward
Eric C. Evarts -
Report says Fiat Chrysler emissions deal worth $2 billion to Tesla
Analysts should no longer be worried about whether Tesla has enough cash to meet its immediate needs. In addition to $2 billion it raised in stocks and convertible bonds last week, the company signed a deal with Fiat Chrysler last month to share its emissions credits in Europe with the...
Eric C. Evarts -
Tesla Model 3 for Canada, 2020 BMW 745e, LA's Green New Deal: Today's Car News
Tesla raises cash and introduces a new very short-range version of the Model 3 for Canada. The BMW 745e brings a new 6-cylinder engine, with lower fuel-economy ratings, and slightly more electric range for 2020. Los Angeles launches its own Green New Deal. All this and more on Green Car Reports...
Eric C. Evarts -
Musk reaches second settlement with SEC
Elon Musk's Twitter followers may face a new reality next week. The Tesla CEO reached a new agreement with the Securities and Exchange Commission, announced Friday, that he will no longer tweet about the company's finances or sales without preapproval from a Tesla securities lawyer. Musk's Twitter...
Eric C. Evarts -
Tesla CEO Elon Musk noted that through its data gathering it has “great knowledge of the risk profile of the customers.”
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Tesla Model Y might be made in California after all
CEO Elon Musk revealed that the company has made more space to assemble its upcoming compact crossover in Fremont, California—although Nevada remains a possibility.
Bengt Halvorson -
Tesla Model 3 updates: Leasing, Autopilot standard, base model limited
The company won't produce the long-awaited $35,000 Tesla Model 3 Standard Range, but instead will offer a software-limited version of the Standard Plus car to customers.
Eric C. Evarts -
$35,000 Tesla Model 3 deliveries still delayed
Those with orders of the Standard Range version of the 2019 Tesla Model 3 are reporting no update on delivery date, after first cars were due.
Eric C. Evarts -
Tesla Model Y: Comparing some of the details vs. Model 3
Tesla CEO Elon Musk prefaced his introduction of the company’s more affordable upcoming electric SUV, the Model Y, Thursday night, by noting how hard achieving at-scale mass production of Model X has been—and what a difficult year 2018 had been for him and Tesla. “It was pretty...
Bengt Halvorson -
2020 Tesla Model Y first details: 300-mile electric SUV, starting around $48k
Tesla’s Thursday night reveal event for the 2020 Tesla Model Y electric crossover SUV, just as previous events from the automaker, was raucous and packed with enthusiastic fans, including many who appeared to relish everything uttered by CEO Elon Musk. What made this event a bit of a...
Bengt Halvorson -
In a Tweet Sunday, Tesla CEO Elon Musk announced that the company will host an event on Thursday March 14 to reveal its long-planned Model Y SUV. The company will host a reveal event at its Hawthorne, California, design studios, as it has done with all previous models. The company said it will offer more detailed specs, as well as rides in the Model Y at the event. The long-awaited Model Y will be an SUV based on the Model 3, which Musk has promised will go into production in 2020 in China and the U.S. Model Y, being an SUV, is about 10% bigger than Model 3, so will cost about 10% more &...
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Tesla Model 3 Standard Range arrives soon at $35,000 and 220 miles. Really.
In 2016, Tesla created a fever pitch over its Model 3 promise: $35,000 with a range of 220 miles. The company claimed more than 450,000 reservations were made for the Model 3, at $1,000 each, in part because of that low price and high range. On Thursday, Tesla announced that its entry-level Model 3...
Bengt Halvorson -
Tesla aims to make service quicker, roadside assistance automatic
Soon, if your Tesla breaks down, you may not even have to call a tow truck. Your car will do it for you. That was one of the goals Tesla CEO Elon Musk laid out for 2019 in a conference call with investors last week as part of a larger push to streamline the company's service processes. Musk didn't...
Eric C. Evarts -
Commentary: Tesla races to outrun perfect storm from tax credit, production, cost hurdles
Tesla's earnings call on Wednesday showed the company making money—but struggling to keep doing so. Based Tesla's financial reports as well as its recent moves to restructure its model lineup and cut prices in response to a cut in federal tax credits for its buyers, there are a few things...
Eric C. Evarts -
More cars, fewer workers in Tesla's latest layoffs
Tesla, it seems, is not out of the woods yet, despite selling almost 250,000 electric cars last year. Even as the company continues to try to ramp up production of its most popular and affordable Model 3, Tesla CEO Elon Musk announced on Thursday evening that the company will lay off another 7...
Eric C. Evarts -
Tesla cuts prices $2,000, almost hit 250,000 vehicles in 2018
Tesla and its CEO Elon Musk made a multi-layered end-of-year push, focused on Tesla's final days and weeks of $7,500 federal EV tax credit eligibility. And with more than 90,000 vehicle deliveries in the fourth quarter of the year—a new record for the California electric-car maker—it...
Bengt Halvorson -
Tesla announced Friday that it has added two independent directors to the company's board: Kathleen Wilson-Thompson and Larry Ellison. Yes, it’s that Larry Ellison—the Oracle founder, and one of the richest men in the world, who made a cameo alongside Musk in Iron Man 2. Ellison lives a jet-setting lifestyle—including a lot of gasoline-swilling exotic-car ownership bragging rights—although he’s done much good as a philanthropist and innovation-minded investor. He’s been a longtime Tesla booster, and the announcement notes that Ellison purchased 3 million...
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Tesla owners will commute "with no driver input" soon, Musk says
Over the weekend, Tesla CEO Elon Musk tweeted that Tesla is testing new features on its Autopilot "self-driving" system, that will allow its cars to recognize stoplights and stop signs and negotiate traffic on roundabouts. "Your Tesla will soon be able to go from your garage at home to parking at...
Eric C. Evarts -
Toyota RAV4 Hybrid, Colorado cleans up, why not a Tesla Model 3 or plug-in: Today's Car News
The 2019 Toyota RAV4 Hybrid gets better fuel economy than any other SUV without a plug. We take a look at the benefits of short-range plug-in hybrids. Our readers weigh in on why they haven't yet bought a Tesla Model 3. And Colorado joins up with California emissions standards. All this and more on...
Eric C. Evarts -
Musk announces more and faster Tesla Superchargers on the way
Tesla CEO Elon Musk is tweeting again, this time about expanding and potentially upgrading the company's Supercharger network. On Monday, Musk tweeted that the company will start deploying "much faster" Version 3 Superchargers early next year. The news comes on the heels of Tesla's announcement...
Eric C. Evarts -
Robyn Denholm appointed new Tesla board chairwoman
Tesla's board has promoted from within to fill the role of chairman, replacing Elon Musk, who agreed to step down in a settlement with the Securities and Exchange Commission. Robyn Denholm, one of the two independent directors appointed to Tesla's board in 2014 will be its new chairwoman, the...
Eric C. Evarts -
Tesla receives SEC subpoena about Model 3 production numbers
Tesla acknowledged in a quarterly regulatory filing on Thursday that it has received a subpoena from the SEC asking about the company's forecasts the company made in 2017 for Model 3 production. Some investors have said they were misled by statements that the company would begin full production of...
Eric C. Evarts