Consumer Reports said Thursday night that it cannot recommend the Tesla Model 3 after customers complained about some of the vehicle’s poorly manufactured parts. “[Consumer Reports] members say they’ve identified a number of problems with their cars, including issues with its body hardware, as well as paint and trim,” Consumers Reports noted in its report. The report comes after Tesla ...
Read More »Elon Musk Makes Another Prediction About The Future Of One Of His Companies
Tesla CEO Elon Musk predicted Tuesday that the electric vehicle automaker will begin producing purely self-driving cars by the end of 2019. The mercurial tech guru has made similar predictions in the past. Musk argued in 2015 that his company would complete a self-driving feature within two years — it never happened. He’s now doubling down on that forecast. The ...
Read More »Tesla Loses Yet Another Top Executive
Tesla’s general counsel Dane Butswinkas is leaving his post in the electric car company after just two months on the job, Reuters reported. The former general counsel is one of dozens of top Tesla executives to leave the company in the past two years, according to Reuters Wednesday. Butswinkas is leaving the company to take up his former role as Tesla’s ...
Read More »Tesla’s Stock Takes A Big Hit As The Company Deals With Losing Federal Tax Credits
Tesla’s vehicle deliveries fall well short of Wall Street analysts’ expectations as the Silicon Valley automaker wrestles with the realization that its federal tax credits are quickly running out. Tesla disappointed investors Wednesday after announcing that it delivered 90,700 vehicles during the fourth quarter, more than 2,000 vehicles short of what Wall Street analysts expected. The company cut prices on ...
Read More »Buddies No More? Enviros At Sierra Club Could Sabotage Their Relationship With Musk
Tesla employees seek to unionize the company’s Buffalo plant as the automaker attempts to meet crucial hiring promises at the facility. Sierra Club’s decision to support an effort to unionize a Tesla plant in New York could put a crimp in the group’s relationship with CEO Elon Musk. Tesla CEO Elon Musk’s past successful staving off unions might come to ...
Read More »IRS Will Stop Handing Out Subsidies Tesla Buyers In 2020
The Treasury Department announced it would phase out electric vehicle subsidies for Tesla buyers at the beginning of next year. By 2020, those tax subsidies would completely disappear. It’s an announcement that Treasury’s Internal Revenue Service (IRS) will be making more of in the coming years as automakers produce enough electric cars to trigger a phase out of tax subsidies. ...
Read More »DOJ Ramps Up Criminal Probe Into Tesla’s Model 3 Production Problems
Federal investigators are examining whether Tesla misstated information related to the Silicon Valley company’s production of the Model 3, a car some believe could revolutionize the auto industry.
Read More »Video Emerges Of Hackers Entering Tesla Vehicle With Hacked Key Fob
A British Tesla owner posted a home security video to YouTube of his Tesla Model S being stolen from his driveway with only a tablet and a smartphone on Sunday.
Read More »James Murdoch Reportedly In The Running To Replace Musk As Tesla Chairman
James Murdoch may soon replace Elon Musk as Chairman of Tesla, after he leaves his post as CEO of 21st Century Fox.
Read More »Dems Toss Lifeline to Tesla as Musk Melts Down
Democrats are working to rescue Tesla as the company struggles to cope with the possibility of losing a lucrative tax credit many analysts argue is the only thing keeping the electric vehicle industry afloat.
Read More »Tesla Bull Turns Bearish As Clouds Over Elon Musk Continue To Darken
by Chris White One of Tesla’s chief supporters on Wall Street has taken a more bearish approach to the electric automaker as the company embarks on a major managerial shakeup following poor production numbers. Morgan Stanley analyst Adam Jonas is tossing up warning flags concerning the business and production aspects of the Silicon Valley company. He slashed his price target due ...
Read More »Tesla’s Shares Free Fall As Analysts Claim The Automaker Is Nearly Insolvent
by Chris White Tesla has less than six months to go before the electric automaker enters complete insolvency due to chronic business problems, according to one Chicago-based investment group founder. Analysts are blasting Tesla as the Silicon Valley company’s shares and bonds continue to flounder amid concerns about the safety of electric car technology. Tesla is not in financial condition ...
Read More »Watch: Elon Musk sends his car to Mars … sort of
Video of the launch and current live stream available at the bottom of the post SpaceX has scheduled the first Falcon Heavy launch for Tuesday the goal of which is to put CEO Elon Musk‘s midnight-cherry red Tesla Roadster in an orbit going between Earth and Mars repeatedly. The Falcon Heavy launch would place the Roadster into a heliocentric orbit, meaning that ...
Read More »Is Elon Musk’s story about sending a car to Mars fake news?
update: He really did it. Elon Musk’s midnight-cherry Tesla Roadster is in outer space – see the video HERE. SpaceX and Tesla chief Elon Musk announced Friday evening that the first payload for the Falcon Heavy rocket would be his personal Tesla Roadster – “if it doesn’t blow up.” Just 24 hours later, it’s no longer clear if Musk was ...
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