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Michael Sohn / Associated Press Volkswagen CEO Herbert Diess said last week that by 2020 the automaker will make electric vehicles that are as capable as Tesla‘s for half the price, Electrek reports. “We will come in 2020 with vehicles that can do anything like Tesla and are cheaper by half,” Diess reportedly said on the […]
Francois Mori / Associated Press Tesla CEO Elon Musk said on Wednesday that Tesla stopped selling self-driving hardware on its website because customers were confused. Last week, Musk said via Twitter that the option would be available “off menu” for a week, but on Wednesday suggested the feature would remain available to those who asked for it. […]
Matthew DeBord/BI Tesla is introducing a lower-priced version of its Model 3 vehicle. The base price of the car will cost $ 45,000; it will cost about $ 35,000 in California after federal and state tax rebates. The company has long promised the Model 3 will be its vehicle for the masses, but it originally […]
Benjamin Zhang/Business Insider Tesla hit the headlines again last week following the SEC’s lawsuit and subsequent settlement with its CEO Elon Musk. One Wall Street analyst who recently toured Tesla’s Fremont, California factory says that the regulatory news is overshadowing significant upgrades at the facility. Now all focus is on the company’s ability to deliver cars […]
Aaron Bernstein / Reuters On Friday Elon Musk emailed Tesla employees and told them to “ignore all distractions” as the third quarter comes to a close. Tesla’s stock started crashing after hours on Thursday when the SEC filed a lawsuit against Musk for making false statements about the company, including his claim that he would […]
Mark Brake/Getty Wall Street’s convinced Tesla will need to raise more cash, and has some theories about how and when that may happen Morgan Stanley says that in addition to a capital raise in 2018, Elon Musk may also need an outside partner for more financing. Wall Street remains doubtful that Tesla will go through the […]
Alphr Researchers from KU Leuven university in Belgium demonstrated that hackers can secretly clone the key fob of a Tesla Model S and steal the car within seconds — and with only $ 600 worth of simple computing and radio equipment, WIRED reports. The researchers brought their findings to Tesla — which rewarded them for exposing […]
REUTERS/Aaron P. Bernstein Tesla will remain publicly traded, CEO Elon Musk announced over the weekend. Shares slid as much as 5% ahead of Monday’s opening bell, and are set to open down about 2.7%. The decision will allow the company to focus on Model 3 production and profitability, Musk said. Follow Tesla’s stock price in […]
Tesla Tesla’s Model 3 beat out its electric competition from Chevrolet and BMW when it came to powertrain and electronics. But when it comes to fit and finish, UBS analysts said the car had significant manufacturing issues. The teardown engineers found missing bolts, loose tolerances, misaligned welds, and more. Follow Tesla’s stock price in real […]
Morgan Stanley has joined Goldman Sachs in restricting its research coverage of Tesla. Elon Musk is attempting to take the electric-car maker private and has begun tapping banks for services. Follow Tesla’s stock price in real-time here. Morgan Stanley has dropped research overage of Tesla in what could be another sign of Elon Musk’s electric-car […]
