Mercedes maps out push to lift profits during electric-car shift – BNN

Mercedes-Benz, which has fixated for years on leading the auto industry in luxury-vehicle sales, will put less emphasis on volume and restructure its operations to be more profitable in the midst of a costly shift to electric cars. Daimler AG’s main division will aim for a return on sales in the mid to high single-digit… Continue reading Mercedes maps out push to lift profits during electric-car shift – BNN

Tesla says it caught ‘malicious sabotage’ at Fremont factory

Tesla reportedly caught an employee engaging in “malicious sabotage” at its Fremont factory, according to an internal email to employees. Al Prescott, Tesla’s vice president of legal and acting general counsel, wrote in an email to Fremont factory employees obtained by Bloomberg: “Two weeks ago, our IT and InfoSec teams determined than [sic] an employee… Continue reading Tesla says it caught ‘malicious sabotage’ at Fremont factory

Judge rules Tesla owner can keep ‘FKGAS’ license plate after state DMV threatened to revoke it (TSLA)

A Rhode Island judge sided with a Tesla owner and the ACLU in a spat over a vanity licence plate.  Sean Carroll said he got the ‘FKGAS’ tags after his daughter said charging the car at home was like fake gas. He’s not opposed to other, more profane, interpretations of the plate either.  His attorneys… Continue reading Judge rules Tesla owner can keep ‘FKGAS’ license plate after state DMV threatened to revoke it (TSLA)

Tesla finally launches two-factor authentication to better protect customers

Tesla has finally launched its two-factor authentication feature to better secure customer accounts. The increasing connectivity in vehicles has made them more subject to hacking in recent years, and there’s not a more connected vehicle on the road today than Tesla’s. The CEO has been saying that along with vehicle safety and security, cybersecurity is… Continue reading Tesla finally launches two-factor authentication to better protect customers

Tesla Solar Roof buyer left without roof and tarps over his house after 2-month-long nightmare

A Tesla Solar Roof customer was left without a roof and tarps covering his house after new solar roof installation turned into a 2-month-long nightmare. Tesla is still trying to ramp its solar roof tile deployment, which has been delayed several times already. It’s why we like to follow new solar roof projects and share… Continue reading Tesla Solar Roof buyer left without roof and tarps over his house after 2-month-long nightmare

Tesla alleges act of employee sabotage in new internal email

Tesla Inc. is warning workers at its auto plant in Fremont, California, that an employee allegedly “maliciously sabotaged” part of a factory last month and was fired after an internal investigation, according to a memo seen by Bloomberg News. The electric-car manufacturer responded to the incident rapidly, and operations at the facility were disrupted for… Continue reading Tesla alleges act of employee sabotage in new internal email

Tesla in talks with BHP over nickel supply pact – Bloomberg News

By Reuters Staff 1 Min Read FILE PHOTO: A view of a new nickel sulphate plant that global miner BHP Group is building to service the battery industry at its Nickel West operations, south of Perth, Australia August 2, 2019. REUTERS/Melanie Burton (Reuters) – Tesla Inc TSLA.O is in talks with BHP Group BHP.AX about… Continue reading Tesla in talks with BHP over nickel supply pact – Bloomberg News

Billionaire Chamath Palihapitiya says Tesla is still undervalued as people continue to misunderstand its ‘fundamentally disruptive’ technology

FILE PHOTO: Chamath Palihapitiya, Founder and CEO of Social Capital, presents during the 2018 Sohn Investment Conference in New York Brendan McDermid/Reuters Billionaire investor Chamath Palihapitiya said Tesla is “generally misvalued” as people misunderstand its business model and “fundamentally disruptive” technology.  The Social Capital CEO said Tesla is “no longer about the car business” but… Continue reading Billionaire Chamath Palihapitiya says Tesla is still undervalued as people continue to misunderstand its ‘fundamentally disruptive’ technology