Tesla’s stock fell Monday after a British diver involved in the mission to save 12 Thai boys and their soccer coach said he is considering legal action against Elon Musk because the company’s boss labeled him “pedo guy.”
Author: CNBC Online news
Uber’s troubled culture persists, as sensitivity ‘blind spots’ raise new questions
Vipin Kumar | Hindustan Times | Getty Images A number of Uber employees have allegedly filed complaints against Uber’s chief operating officer, Barney Harford, for insensitive comments regarding women and minorities. On a conference call this spring with colleagues, Mr. Harford, the company’s chief operating officer, critiqued a new ad that showed a mixed-race couple,… Continue reading Uber’s troubled culture persists, as sensitivity ‘blind
spots’ raise new questions
Uber lays off 100 self-driving car operators in Pittsburgh
Uber has laid off 100 self-driving car test drivers in Pittsburgh in the wake of a high-profile crash in Arizona.
Tesla ditches reservations, opens up Model 3 car sales to all customers in North America
Tesla is taking orders for its Model 3 electric sedans throughout the U.S. and Canada, no reservations required.
Tesla shares rise as carmaker plans massive China factory
Telsa is planning to build a large new plant in China, the company confirmed on Tuesday.
Tesla has signed an agreement to build a factory in Shanghai
The pop in Tesla’s share price is striking, he said, because the already cash-strapped Tesla just essentially made another financial commitment. “Even though a Gigafactory in China has been anticipated, now they have an agreement to finance the building of it,” he said. “That will put pressure on an already stressed balance sheet.” Even prior… Continue reading Tesla has signed an agreement to build a factory in
Shanghai
‘We just became a real car company:’ Read what Elon Musk said after Tesla churned out 5000 Model 3s
On Sunday, Tesla CEO Elon Musk said the company managed to meet a self-imposed deadline to produce 5,000 Model 3 cars in a week.
Tesla hits Model 3 production target, but shares turn lower
Tesla said Monday that it met a closely watched goal for production, however it fell short on deliveries during the second quarter.
Ford’s European boss takes a jab at Tesla
Alex Kraus | Bloomberg | Getty Images Steven Armstrong, Ford Motor Co. Adding more fuel to the growing feud between Ford and Tesla, a Ford executive had a snappy rejoinder ready for Elon Musk when the Tesla CEO tweeted on Sunday that the company hit its production goals.
Trump tariffs could add $5,000 to price of new cars and trucks in US
“While we understand that the administration is working to achieve a level playing field, tariffs are not the right approach,” the Alliance said. “Tariffs on autos and auto parts raise vehicle prices for all customers, limit consumer choice and invite retaliatory action by our trading partners,” it said. “Automakers support reducing trade barriers across the… Continue reading Trump tariffs could add $5,000 to price of new cars and
trucks in US