The luxury carmaker shut down production in early September to contain the breach. It announced on Tuesday that it would take more time to resume operations. Go to Source
Author: New York Times Online News
Tesla’s 2021 Model Y Doors Could Trap Riders, US Safety Agency Says
The agency is investigating reports that electronic doors on one model couldn’t be opened from outside, trapping children or others inside. Go to Source
Ford to Cut 1,000 Jobs in Germany as E.V. Sales Slow
The automaker said the reductions at its factory in Cologne come on top of 4,000 job cuts across Europe that were announced last year. Go to Source
Elon Musk Buys $1 Billion in Tesla Stock as Board Defends His Pay
Tesla’s chief executive bought the stock after the company’s board proposed paying him nearly $1 trillion if he achieves certain performance goals. Go to Source
Shawn Fain, Who Pledged to Reform U.A.W., Faces Internal Dissent
Dissidents are seeking to oust Mr. Fain as president of the United Automobile Workers union as he prepares to run for re-election next year. Go to Source
John Penton, ‘Godfather’ of Off-Road Racing, Dies at 100
He set a transcontinental motorcycling speed record, and then helped to revolutionize off-road riding with his own brand of nimble bikes. Go to Source
Used E.V. Sales Take Off as Prices Plummet
Electric vehicles on the used market often cost less than comparable gasoline models, making the technology affordable to many more buyers. Go to Source
Tesla Board Chair Defend’s Elon Musk’s Humongous Pay Proposal
Robyn Denholm, normally media shy, is campaigning to get shareholders to back the chief executive’s trillion-dollar compensation package. Go to Source
Elon Musk Could Become First Trillionaire Under New Tesla Pay Package
Tesla’s board unveiled a compensation package for the chief executive that could be worth $900 billion if he meets ambitious targets. Go to Source
Porsche Is No Longer a Blue-Chip Company in Germany
The carmaker will soon be delisted from the leading DAX stock index three years after its blockbuster debut, amid losses in China and the threat of U.S. tariffs. Go to Source