Executives
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Tesla says it will put its mass-priced Model 3 electric car into production by July, and ramp up production extremely quickly from there. CEO Elon Musk hopes to be building 5,000 cars each week by the end of the year; he previously set a goal of producing 500,000 cars across all model lines by the end of 2018. The Model 3 is the vital linchpin of Musk's plans for growing Tesla from a relatively low-volume manufacturer into a more mainstream automaker. DON'T MISS: Tesla Model 3 timing confirmed: first cars in July, 5K a week by next year But the pressure to achieve those ambitious goals may be...
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Toyota CEO Akio Toyoda to run electric-car divisionToyota CEO Akio Toyoda will lead the company's new electric-car division.
Stephen Edelstein -
How Elon Musk Controls Tesla Motors While Owning Only 27 Percent
Tesla Motors commands outsize attention within the world of electric cars--and the auto industry in general. Its CEO, Elon Musk, has a huge personal following that eagerly hangs on his every word. Or perhaps "his every tweet" would be more appropriate, Twitter often being his preferred mode for...
John Voelcker -
Nissan Replaces Electric-Car Unit Executive To Boost Sales
It's no secret that Nissan hasn't sold as many battery electric cars over the last two years as it had planned. The company just sold its 50,000th Nissan Leaf last month, but it had hoped to sell up to twice that number between the start of production in late 2010 and the end of last year. Now the...
John Voelcker -
Volt Executive Tony Posawatz Is New CEO Of Fisker Automotive
In an unexpected announcement, struggling startup electric-car maker Fisker Automotive this morning named Tony Posawatz its new CEO and President. He replaces Tom LaSorda, himself appointed CEO only in late February. LaSorda will leave the company but remain available as an advisor. Posawatz spent...
John Voelcker
