Tesla - Page 20

Ford and VW Teaming Up on Electric Vehicles

Auto manufacturers Ford and the Volkswagen Group have announced plans to strengthen their global alliance and release an electric vehicle by 2023. Much to Elon Musk and Tesla’s dismay, VW CEO Herbert Diess explained their goal is to “turn the electric car from a niche product into a mass phenomenon.”

Ford and VW team up on Electric Vehicles

Tesla Continues to Lose Key Executives

Elon Musk’s Tesla is losing two key executives, with one joining rival startup Lucid Motors. The troubled car company has lost its VP of production to a competitor and is now losing its VP of engineering as well.

Elon Musk

Elon Musk Hypes Tesla Insurance and Batteries, Backs Off Robotaxi Claims

Elon Musk took to the stage at Tesla’s annual shareholder meeting to hype the company’s future in everything from selling insurance to mining rare elements for battery production, while admitting that “profitability is challenging” and also backing away from recent claims about a Tesla robotaxi fleet running by 2020.

Elon Musk CEO of Tesla

Elon Musk Launches ‘Hardcore’ Cost-Cutting Measures at Tesla

Tesla CEO Elon Musk is reportedly implementing new “hardcore” cost-cutting efforts at Tesla. The Company’s new CFO will review every outgoing payment, and Musk himself will review every tenth payment. Musk reportedly told employees that the company’s recent cash raise only gives it enough money to last ten months.

Elon Musk Boring Company

Report: Tesla Is in Deep Trouble with Solar Power

Tesla’s solar ambitions are in deep trouble according to reports. Solar cells designed to replace roofing shingles are reportedly not working out well for the company, with the majority of solar cells being exported overseas. The company is facing fresh scrutiny about its factory in Buffalo, New York, and the promises it made to the state to employ a certain number of workers at the facility.

Elon Musk shrugs

Tesla Slashes Prices for Floundering Solar Panel Business

Tesla has reportedly cut its solar panel prices in an attempt to slow the decline of the companies solar business. In some locations, Tesla’s prices are now 38 percent below the national average. If the solar business continues to flounder, it could have major implications for Tesla’s taxpayer-supported operations in Buffalo, New York.

Tesla to show self-driving car progress to investors

Tesla Misses Big on First Quarter Earnings

Elon Musk’s electric car company Tesla failed to meet expectations on first-quarter earnings as the demand for Tesla vehicles appeared to sharply drop. The company lost more than $700 million in the first three months of 2019.

Elon Musk

Tesla Model S Explodes in Viral Video

Elon Musk’s electric vehicle manufacturer Tesla is reportedly investigating a recent video showing a Tesla Model S parked in a Chinese parking garage exploding into a fireball.

Elon Musk at Model Y announcement