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Thursday, June 20, 2019

Tag: TESLA INC

Employees sour on Tesla amid cost-cutting, layoffs

Tesla Inc’s rankings at two high-profile job websites have declined.

Musk blindsided Tesla staff with store-closing plans

Sources say sales personnel found out about the decision to close many stores and to focus on online sales through a public blog post.

Musk touts March 14 Model Y event as demand questions linger

Tesla shares tumbled after the company announced in a blog post plans to move from physical to online stores.

Tesla hits 200,000 cars, meaning lower tax credit for buyers

From Jan. 1 next year, the $7,500 tax credit will drop to $3,750 around mid-year, the Tesla website said.

Tesla goes big in China with Shanghai plant

Tesla plans to produce the first cars about two years after construction begins on its Shanghai factory, ramping up to as many as 500,000 vehicles a year.

Shouting CEO, changing rules: inside Tesla’s Model 3-building sprint

Leading up to Sunday morning's production milestone, Musk paced the Model 3 line, snapping at his engineers when the around-the-clock production slowed or stopped due to problems with robots, one worker said.

Tesla’s engineering chief, Doug Field, departs company for good

He had been with the electric-car maker for almost five years, a Tesla spokesman said by email. There was no immediate word on a possible successor. Field didn’t respond to a request for comment.

Tesla’s all-nighter to hit production goal fails to convince Wall Street

Tesla met the target by running 24 hours a day for seven days, setting up a new production line inside a tent on the campus of its Fremont factory and pulling workers from other projects, according to the company and employees at the factory.

Panasonic would consider extra investment in Tesla’s Gigafactory if requested -exec

Additional investment would come on top of about $1.6 billion. Panasonic is contributing to Tesla's $5 billion so-called Gigafactory, which Panasonic jointly operates.

Tesla hits Model 3 goal and is ‘real car company,’ Musk...

The company may hit 6,000 Model 3s a week next month, he wrote. Including Model S and X production, the factory knocked out 7,000 vehicles last week, he said.

Text of Elon Musk’s email to Tesla employees after hitting goal

Tesla Inc. Chief Executive Officer Elon Musk sent an email on Sunday to employees after the automaker achieved a goal of producing 5,000 Model 3 electric cars in the final week of the quarter:

Tesla nears moment of truth in dash to make 5,000 cars...

The quarter concludes Saturday, and Tesla is expected to report its production figures for the last three months before the July 4 holiday.

Xi can make life difficult for US companies after Trump threat

Xi has room to impose penalties such as customs delays, tax audits and increased regulatory scrutiny for American companies if Trump delivers on his threat of bigger duties on Chinese trade.

Tesla says Model 3 production shut down temporarily

It is the second time since February that Tesla has temporarily shut down its production line for the Model 3 at its Fremont, California plant.

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