Tesla stock has its worst day in two years after Elon Musk’s off-kilter interview with the NYT (CNBC)
Shares of Tesla had their worst day in two years Friday after a New York Times feature outlined some serious struggles for CEO Elon Musk.
The electric car maker’s stock closed 8.9 percent lower, its poorest performance since June of 2016 when it fell 10.45 percent. Read More
Tesla CEO Elon Musk Offers a Rare Glimpse into his Personal and Professional Trials
It must be hard being Elon Musk, the CEO of one of the most controversial companies of our time. But Musk is controversial by his own right, and in an interview with the New York Times, the highly-regarded-yet-widely-criticized entrepreneur reveals his true exasperation at the events surrounding his initiatives. Read More
Bollinger Motors asks Elon Musk if they can use Tesla Supercharger Stations
In what can be termed as an unusual move or simply called as a marketing move, Bollinger Motors, a four year old New York based auto company asked Elon Musk if they can use Tesla Superchargers.
May be Bollinger Motors is serious because getting access to thousands of Tesla superchargers spread across the country will change the company’s value proposition in an instant. Read More
UBS Analyst says $35,000 Model 3 will Lose $6,000
We say that it makes the $35,000 Standard Battery Version a Reality. A very close reality.
I hope he is correct. Because if what the UBS analyst is saying is true then it puts a clear marker on the $35,000 standard battery Model to compensate the loss through multiple avenues at Tesla’s disposal to make the high-volume model a reality. Read More
Elon Musk tells Tech Blogger MKHBD that Tesla may build $25,000 Cars in three years
Did Tesla Really Renege on its Solar Panel Deal with Panasonic?
A WSJ article earlier this week cited Panasonic as saying that “Tesla has backed away from an agreement to buy all of the output from a solar-panel factory it operates with Panasonic Corp.” While this sounds like Tesla violated an agreement, Tesla says otherwise.
According to a Tesla spokesperson: “We continue to use cells and solar modules produced in Buffalo by Panasonic…in line with our contract, which contains no requirement of exclusivity. We anticipate using the full production capacity of Gigafactory 2 over time as we reach higher output and installation volumes.”Read More
Tesla Sues Canada and Germany as Subsidy Cuts Affects Model S and Model 3 Buyers
Even as Tesla buyers struggle with the tax credit phase-out in the United States, countries like Canada and Germany appear to be doing their best to kill green energy initiatives where Tesla is involved.
In Canada, Premier Doug Ford’s government is being sued by Tesla Motors Canada after it canceled EV rebates by a maximum of $14,000. Tesla says its sales are being affected, and the perception now among potential Canadian buyers is that Tesla may be “singled out for future arbitrary treatment under the law.” Read More
Tesla Whistleblower Martin Tripp Exits Twitter on Lawyer’s Advice
Martin Tripp has been in the spotlight over the past several weeks for reportedly maligning Tesla Inc. with accusations of misleading investors and putting its Model 3 buyers at risk. Today, his exit from Twitter was cause for much speculation, but his lawyer has posted via the microblogging social media site that Tripp’s account being taken down was Tripp’s own choice rather than Twitter’s decision. Read More
Tesla Draws Attention to Product Line: The “SX3Semi-Family”
With much of the focus on Tesla’s business and Musk’s actions of late, it’s easy to forget why the company exists: to make sustainable road transportation on a mass scale a reality. And that reality was reinvoked by Tesla with this “SX3Semi-Family” photo in its recent press package:
If you look at the photo, you’ll notice that there’s a significant member of the family that’s missing: the grand-daddy that started the whole thing – the Roadster. Not to mention the refreshed Roadster that Tesla is planning to release after Tesla Semi goes into production. Read More