[unable to retrieve full-text content] Filed under: Earnings/Financials,Government/Legal,Green,Tesla,Electric Musk later said he’d take a break for Twitter “for a few days.” Continue reading Tesla’s Elon Musk says tweet that led to $ 20 million fine was ‘Worth It’ Tesla’s Elon Musk says tweet that led to $ 20 million fine was ‘Worth It’ originally appeared […]
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Meet Tesla's new bondholder: Billionaire George Soros
NEW YORK — The investment firm founded and chaired by billionaire George Soros took a stake in Tesla bonds during the first three months of the year, giving the electric carmaker run by Elon Musk a prominent supporter. Soros Fund Management LLC took a $ 35 million stake in the convertible bonds of Tesla, which […]
Tesla's giant battery farm is now live in South Australia
With a little lot of help from Tesla, Australia is now home to the world’s largest lithium-ion battery. Back in March, Elon Musk told Atlassian CEO Mike Cannon-Brookes that he could create a 100MWh battery storage farm within 100 days — otherwise, his company would do the job for free. The Twitter pledge was in […]
Tesla's new Semi Truck drives 400 miles on a 30 minute charge
Elon Musk’s ‘Master Plan’ continues to unfold. On November 17, 2017 Elon Musk took the stage to unveil Tesla’s new electric semi truck. The truck can go 0-60MPH in only 5 seconds with an attached trailer, has 500 miles of electric range, and is able to be charged up to 400 miles within 30 minutes […]
Tesla's ambition will further strain finances — but investors are unfazed
Investors shrugged off any concern about Tesla over-stretching its production and financial resources with the unveiling of futuristic semi-trucks and a pricey sports car, pushing its stock price up almost 4 percent on Friday. Chief Executive Elon Musk shocked industry-watchers by launching a $ 200,000 sports car on Thursday, along with two electric trucks, possibly […]
Tesla's head of battery engineering exits
Tesla Inc’s director of battery engineering, Jon Wagner has left the electric car manufacturer, according to his LinkedIn profile. According to Wagner’s LinkedIn page, he is launching a battery and powertrain startup in California. The timeline of his departure is not known. Wagner, who joined the company in January 2013, was involved in developing technology […]
Tesla's Elon Musk details Mars plans — and intercontinental rocket travel
ADELAIDE, Australia — Silicon Valley billionaire Elon Musk on Friday outlined ambitious plans for a manned mission to Mars and a rocket capable of carrying passengers from one continent to another on Earth. SpaceX plans its first trip to the Red Planet in 2022, carrying only cargo, to be followed by a manned mission in […]
Tesla's quarterly revenue beats estimates but losses widen
Aug 2 (Reuters) – Electric-car maker Tesla Inc reported better-than-expected quarterly revenue and backed its delivery guidance for the second half of the year. Shares of the company, which said it was averaging over 1,800 net reservations per day for its mass-market Model 3 since the handover of the launch vehicles last week, rose as […]
Tesla's revenue more than doubles helped by record deliveries
Electric-car maker Tesla Inc reported quarterly revenue that more than doubled and also trumped analysts’ expectations, driven by record deliveries of its Model X sports utility vehicles and Model S sedans. Tesla, led by billionaire entrepreneur Elon Musk, delivered 25,000 vehicles in the first quarter ended March 31, its highest since the carmaker went public […]
Musk just teased an image of Tesla's electric semi truck at a TED talk
Last September, Tesla poached some employees from Daimler’s SuperTruck semi truck program. Unsurprisingly, they were hired on to work on a Tesla EV semi, something that generally has taken a back seat to Model 3 development but hasn’t been dormant. With Model 3 progress further along, it seems Tesla is ready to start spilling more […]