A Tesla analyst who just toured the electric-car maker’s California and Nevada factories reveals what he saw (TSLA)

Marques Browne/YouTube Tesla has faced a host of challenges in recent months. But one optimistic analyst who toured Tesla’s Fremont, California, plant and its Nevada Gigafactory in recent days is doubling down on his bull thesis. Wedbush analyst Dan Ives described his time at the factories to Markets Insider, and explained why he walked away feeling… Continue reading A Tesla analyst who just toured the electric-car maker’s California and Nevada factories reveals what he saw (TSLA)

Tesla factory workers took twice as many days off last year than in 2017 because of injury or sickness (TSLA)

Workers at Tesla’s auto plant spent twice as many days away from their jobs due to work-related injuries and illnesses, after adjusting for workforce growth, in 2018 than in 2017, Bloomberg reports, citing a report Tesla filed with the Occupational Safety and Health Administration (OSHA). Employees at Tesla’s Fremont, California, factory spent 22,454 days away… Continue reading Tesla factory workers took twice as many days off last year than in 2017 because of injury or sickness (TSLA)

Tesla is delaying a 3% price increase until Wednesday (TSLA)

Tesla is delaying a 3% price increase on its vehicles until Wednesday, the automaker said on Tuesday. The delay resulted from “unusually high volume,” Tesla said. The price increase will take place at midnight on Wednesday. Read more: SEC rebukes Elon Musk, says his tweet about Tesla vehicle production was a ‘blatant violation’ of court… Continue reading Tesla is delaying a 3% price increase until Wednesday (TSLA)

Tesla is asking employees to volunteer and help deliver 30,000 cars before the end of the quarter (TSLA)

Hours after unveiling its newest car, the Model Y, Tesla was once again asking employees to help deliver cars ahead of the end of the first quarter. According to an internal email sent on Friday from senior vice president Sanjay Shah to department heads at the company, a copy of which was seen by Business… Continue reading Tesla is asking employees to volunteer and help deliver 30,000 cars before the end of the quarter (TSLA)

An Uber Eats executive reveals the company’s surprising strategy for moving beyond taxi rides

When it comes to delivery, Chinese food and pizza are about all that many Americans are used to ordering. Outside of New York City and other metro areas, that’s often still the case, especially in the suburbs. That’s the exact market Uber wants to corner with its food delivery business as the ride-hailing giant continues… Continue reading An Uber Eats executive reveals the company’s surprising strategy for moving beyond taxi rides

Leaked email reveals Elon Musk must approve all new Tesla hires (TSLA)

All hires made by Tesla must receive CEO Elon Musk’s approval, according to an email sent to Tesla recruiting employees in February. “All headcount requests from the business must get Elon approval,” the email said. “Evidence of this sign off is required.” The email also suggests that Tesla has introduced higher standards for hiring. “We… Continue reading Leaked email reveals Elon Musk must approve all new Tesla hires (TSLA)

‘It feels like a morgue’: Tesla employees say morale has fallen drastically as stores close and workers are let go (TSLA)

Tesla shocked employees last week when it announced it will shift all of its sales online and close “many” of its retail stores. One salesperson, away from his assigned store in California at the time, found out later that evening only after reading news reports about the plan. “Every time there are layoffs, we are… Continue reading ‘It feels like a morgue’: Tesla employees say morale has fallen drastically as stores close and workers are let go (TSLA)

Waymo is selling its sensors — but not to autos (GOOGL, GM, MS)

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Transportation & Logistics Briefing subscribers. To receive the full story plus other insights each morning, click here. Waymo, Alphabet’s autonomous vehicle (AV) technology spinoff, revealed that it’ll begin selling one of its 3D LiDAR sensors — known as Laser Bear Honeycomb —… Continue reading Waymo is selling its sensors — but not to autos (GOOGL, GM, MS)

Porsche is ramping up production of its sleek-looking Tesla rival because of high demand (TSLA)

Porsche is increasing production of its upcoming Taycan electric vehicle due to high demand, the automaker said on Friday. Over 20,000 people have made a reservation of around $2,800 for the vehicle, Porsche said, which will arrive by the end of 2019. Porsche had previously planned to make 20,000 Taycan vehicles per year. A Porsche… Continue reading Porsche is ramping up production of its sleek-looking Tesla rival because of high demand (TSLA)

Tesla made a drastic change to its bonus structure before deciding to cut costs by closing stores, salespeople say (TSLA)

Ahead of Elon Musk’s surprise announcement that Tesla will close most of its 378 retail stores, the company shifted the roles of its salespeople and changed bonus structures in a way that employees say was a bid to cut costs. In the third quarter of 2018 — the first of two consecutive quarterly profits reported… Continue reading Tesla made a drastic change to its bonus structure before deciding to cut costs by closing stores, salespeople say (TSLA)