Elon Musk is under a lot of pressure right now – Model 3 production over at the Tesla factory isn’t exactly going according to plan. First, Q1 numbers looked grim: less than 10,000 Model 3s rolled off the assembly line — a far shot from his promise of producing 5,000 Model 3s a week. And then there’s… Continue reading Musk Admits Automation At Tesla Factory Was a Bad Idea
Tag: Tesla
UPDATE 4-Musk insists Tesla does not need more capital, predicts profit soon
(Reuters) – Tesla Inc (TSLA.O) will be profitable in the third and fourth quarters of this year and will not have to raise any money from investors, billionaire Chief Executive Elon Musk said on Friday, driving shares in the electric carmaker higher. FILE PHOTO: Elon Musk, founder, CEO and lead designer at SpaceX and co-founder… Continue reading UPDATE 4-Musk insists Tesla does not need more capital, predicts profit soon
BRIEF-Elon Musk in response to CBS report tweets – “Yes, excessive automation at Tesla was a mistake”
* “YES, EXCESSIVE AUTOMATION AT TESLA WAS A MISTAKE. TO BE PRECISE, MY MISTAKE. HUMANS ARE UNDERRATED” Further company coverage: Go to Source
UPDATE 2-Musk says Tesla will be profitable in Q3, Q4
(Reuters) – Tesla Inc (TSLA.O) will be profitable in the third and fourth quarters of this year and will not have to raise any money from investors, billionaire Chief Executive Elon Musk said on Friday, driving shares in the electric carmaker higher. FILE PHOTO: A Tesla dealership is seen in West Drayton, just outside London,… Continue reading UPDATE 2-Musk says Tesla will be profitable in Q3, Q4
Tesla Autopilot will never be perfect but could be 10x safer than humans, says Elon Musk
Following the fallout between Tesla and NTSB over the investigation of the fatal Model X accident on Autopilot last month, Elon Musk commented on the accident emphasizing that the Autopilot is not perfect and that owners need to keep paying attention. Home Solar Power That’s something that Tesla has been hammering about the Autopilot for… Continue reading Tesla Autopilot will never be perfect but could be 10x safer than humans, says Elon Musk
Musk tweets that Tesla will not need to raise money
Says company will be profitable in third and fourth quarters
Tencent, Changan Automobile Launch Connected Vehicle Platform Joint Venture
Chinese Internet giant Tencent Holdings Ltd. has set up a joint venture with Chinese automobile manufacturer Changan Automobile Co., Ltd. to co-develop autonomous driving technologies and connected vehicle platforms. It marks Tencent’s latest move in the automotive sector to rival Alibaba and Baidu. Last November, Tencent partnered with five automakers including Changan, GAC Group, Geely, BYD… Continue reading Tencent, Changan Automobile Launch Connected Vehicle Platform Joint Venture
UPDATE 1-Musk says Tesla will be profitable in Q3, Q4
(Reuters) – Tesla Inc (TSLA.O) will be profitable in the third and fourth quarters of this year and will not have to raise any money from investors, billionaire Chief Executive Elon Musk said on Friday, driving shares in the electric carmaker up to 3 percent higher. FILE PHOTO: A Tesla dealership is seen in West… Continue reading UPDATE 1-Musk says Tesla will be profitable in Q3, Q4
Tesla to be profitable in third-quarter, fourth-quarter: Musk tweets
(Reuters) – Silicon valley billionaire Elon Musk said on Friday his Tesla Inc (TSLA.O) company will not need to raise any money this year because the electric car maker will have positive cash flow and be profitable in the third and fourth quarter. FILE PHOTO: A Tesla dealership is seen in West Drayton, just outside… Continue reading Tesla to be profitable in third-quarter, fourth-quarter: Musk tweets
BRIEF-Elon Musk Says Tesla Will Be Profitable & Cash Flow Positive In Q3 & Q4 – Tweet
* ELON MUSK SAYS TESLA WILL BE PROFITABLE & CASH FLOW POSITIVE IN Q3 & Q4 – TWEET Further company coverage: Go to Source