Last Wednesday, during Tesla’s earnings call, we learned that CEO Elon Musk planned to restructure the company and to cut the number of contractors used at Tesla’s factories. That day came suddenly this morning. Electrek reported this morning that it had obtained an internal memo from Musk noting that contractors’ time was up, and that… Continue reading Tesla reportedly locks out contractors in midst of Model 3 ramp up
Tag: Tesla
BRIEF-Tesla Says We Continually Evaluate Capital Expenditure Needs & May Raise Additional Capital To Fund Growth Of Business
May 7 (Reuters) – Tesla Inc: * TESLA, GIVING NO TIMEFRAME, SAYS WE CONTINUALLY EVALUATE CAPITAL EXPENDITURE NEEDS & MAY RAISE ADDITIONAL CAPITAL TO FUND GROWTH OF BUSINESS – SEC FILING Source text: [bit.ly/2FRNCLs] Further company coverage: Our Standards:The Thomson Reuters Trust Principles. Go to Source
Automobili Pininfarina Will Deliver an Electric Hypercar in 2020
The famous Italian styling house won’t just design cars for others any more—it’ll make them itself. @MAROCCIAPHOTO Pininfarina has decades of esteemed automotive design under its belt. Its current Indian ownership, Mahindra & Mahindra concluded that it was time for Pininfarina to graduate from design alone, and begin selling cars under its own name. On… Continue reading Automobili Pininfarina Will Deliver an Electric Hypercar in 2020
Top Automotive Industry News for Week of April 30 – May 6, 2018
Here is the most important news associated with the automotive industry identified by the AEA for the week April 30, 2018 – May 6, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- All new cars and SUVs sold in the US must now… Continue reading Top Automotive Industry News for Week of April 30 – May 6, 2018
Pininfarina: why the design house is making an electric supercar
At Palazzo Barberini in the heart of Rome earlier this month, a handful of billionaires, multimillionaires and, tagging along some distance behind, representatives of the world’s automotive press had their first look at a new £1.7 million hypercar. In the imposingly grand surroundings of the 17th-century palace, now repurposed as a fine art gallery, those… Continue reading Pininfarina: why the design house is making an electric supercar
Tesla teases a potential giant new record-breaking 1 GWh energy storage project to be announced soon
Tesla has recently deployed several very large energy storage projects, but a new one could apparently dwarf them all. There was an important detail that came out of Tesla’s Q1 conference call but was mostly overlooked: Elon Musk teased a potential giant 1 GWh energy storage project, which would make it the biggest in the world by… Continue reading Tesla teases a potential giant new record-breaking 1 GWh energy storage project to be announced soon
Tesla’s Musk defends comments made in conference call
Associated Press Published 11:28 a.m. ET May 4, 2018 Tesla CEO Elon Musk (Photo: Evan Vucci / AP) Tesla CEO Elon Musk is going on the defensive in a series of tweets, saying the people he shut down during a contentious conference call were “sell-side analysts who represent a short seller thesis, not investors.” Musk,… Continue reading Tesla’s Musk defends comments made in conference call
UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk acknowledged on Friday that it was “foolish” of him to snub analysts on a conference call earlier in the week, but further needled Wall Street with a series of accusatory tweets. In a post-earnings call on Wednesday, Musk refused to answer questions from analysts on… Continue reading UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior
Tesla’s Favorite Autopilot Safety Statistic Doesn’t Hold Up
For more than a year, Tesla has defended its semiautonomous Autopilot as a vital, life-saving feature. CEO Elon Musk has lambasted journalists who write about crashes involving the system. “It’s really incredibly irresponsible of any journalists with integrity to write an article that would lead people to believe that autonomy is less safe,” he said… Continue reading Tesla’s Favorite Autopilot Safety Statistic Doesn’t Hold Up
UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk acknowledged on Friday that it was “foolish” of him to snub analysts on a conference call earlier in the week, but further needled Wall Street with a series of accusatory tweets. In a post-earnings call on Wednesday, Musk refused to answer questions from analysts on… Continue reading UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior