After $1Billion in Govt. Subsidies ‘Green’ Tesla Fined $139K for Air Pollution
Tesla’s factory was fined $139,000 for emitting the same type of toxic NOx into the atmosphere that their electric-vehicles are supposed to eliminate.
Tesla’s factory was fined $139,000 for emitting the same type of toxic NOx into the atmosphere that their electric-vehicles are supposed to eliminate.
The first Consumer Reports review of a Tesla Model 3 found the all-electric sedan for the middle class has great handling, but that the ride quality is very poor.
With analysts slashing Tesla’s earnings estimates, and its stock diving toward an eight-month low, CEO Elon Musk took to Twitter to spin fanciful dreams of a full-size electric pick-up.
November 16 may go down in history as serial entrepreneur Elon Musk’s biggest day as he graces the cover of Rolling Stone magazine, manages SpaceX’s secret Zuma satellite launch, hosts the gala premier of the Tesla Semi heavy duty all-electric truck, all while responding to a Tesla racism lawsuit.
Tesla Inc. bought its automated machine tooling vendor after delays in its supposedly robotic Model 3 production line caused its stock to plunge by $15 billion in 6 weeks.
Car manufacturer Tesla is reportedly recalling 11,000 of their Model X SUVs due to a malfunctioning seat issue.
Tesla burned $13 million more cash per day to achieve record deliveries of just 12 more cars per day in a dismal third quarter.
Tesla reported dramatically better revenues Wednesday, and a much smaller loss for the quarter, sending its stock up by 6 percent as investors who had sold short were crushed.
Tesla’s $57-per-share stock crash this week, after the company announced good news for the launch of its Model 3, seems even more justified with the release of Tesla’s poor June U.S. sales figures.
The Tesla Model 3 sedan is on track to introduce the world’s top safety features — if the company doesn’t collapse financially before many of the cars reach the market.
Consumer Reports found that a higher percentage of Tesla owners than any other car company would buy another Tesla, while the same publication rated Tesla a dismal number 25 out 29 car makers in reliability.
Tesla Motors Inc. reported this week that revenue nearly doubled in the latest quarter. The all-electric car company reported its first quarterly profit in over three years, thanks to cashing in $139 million of California tax credits.
Tesla has unveiled the world’s fastest production car, a Model S with a “Ludicrous Mode” that allows it to accelerate from 0-to-60 miles per hour in 2.5 seconds, while also being the first electric vehicle with a range of over 300 miles.
Despite Tesla Motors Inc. never meeting any unit production targets or making a profit in the last five years, CEO Elon Musk told shareholders this week that through the magic of physics, he will revolutionize the auto industry to increase production by 1,100 percent, and profitably.
The $12.6 billion in pre-orders for the Tesla Model 3 on Mar. 31 demonstrates that Tesla Motors Inc. can produce incredible hype. But a day later, the company filed disclosure with the SEC admitting that it missed first quarter vehicle deliveries by almost 10 percent.
Tesla Motors will host a gala introduction of its sexy and mass-market affordable $35,000 Model 3 at its Hawthorne Design Center on the evening of March 31.
Tesla’s just-released annual 10-K for 2015 acknowledges that sales in China tanked by 33 percent, and the market value for environmental credits has plunged by 49 percent, since last year.
The Tesla Model X SUV was introduced earlier this week to rave reviews for its design touches, including rear “falcon-wing” doors that open upward for seven passengers.
Instead of paying the record-breaking $4.5 million for a 30-second Super Bowl XLIX ad in hopes of going viral, Tesla apparently leaked a cell phone video of its blazingly fast Model X crossover, ripping it on a California pier and dominating downloads over the weekend.