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...
Can Diesel Emission-Cheating Scandal Change VW Culture?
German automakers are both famously opaque in their management and remarkably leaky about their future product plans. And in the wake of the Volkswagen diesel emission scandal, now in its sixth month, VW Group has been turned upside down, shaken, and stirred. But will the changes be enough to break...John Voelcker
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