Electric cars

News

Tesla deliveries fall sharply in the first quarter, especially for its highest-margin cars

Published: 
Tue, 04/09/2019 - 1:04pm

Electric-car maker Tesla Inc. delivered sharply fewer vehicles to customers in the first three months of the year, raising questions about the strength of demand for its product lines as it ramps up assembly of the newest sedan.

News

Tesla plans to raise prices and backpedals on closing most stores

Published: 
Tue, 03/12/2019 - 1:04pm

Elon Musk is backtracking from a jarring change in Tesla Inc.’s retail strategy, keeping many of the automaker’s stores open and raising the prices of its electric cars as a result.

News

Can any new Tesla chairman stand up to Elon Musk?

Published: 
Tue, 10/02/2018 - 5:54pm

In a deal struck Saturday with the U.S. Securities and Exchange Commission to settle fraud charges, Tesla Inc. agreed to bring in two new independent directors to its nine-member board and name an independent chairman to replace Elon Musk. Musk keeps a seat on the board and remains the company’s chief executive.

News

Musk declares Tesla 'just became a real car company.' But can it keep building Model 3 vehicles at this pace?

Published: 
Mon, 07/02/2018 - 2:48pm

Tesla Inc. reached a milestone crucial to Elon Musk’s goal to bring electric cars to the masses — and earn some profit in the process — by finally exceeding a long-sought production target with the Model 3. By building more than 5,000 of the sedans in the last week of the second quarter, Tesla “just became a real car company,” the chief executive said in an internal email Sunday obtained by Bloomberg News.