Posts filtered by tags: Tesla[x]


Elon Musk Is Still Fighting the SEC in Court Over His Bad Tweets

Tesla CEO Elon Musk really, really wants to keep tweeting without any other adults looking over his shoulder, despite a settlement with the Securities and Exchange Commission last year ordering him not to send out tweets that could affect Tesla’s stock without getting pre-approval from company officials.Read more...
Tags: Elon Must, Elon Musk, Tesla, Twitter, Social Media, Securities And Exchange Commission, Sec, Technology

Tesla Plant Sees 195% Surge in Time Off Due to Injuries

Staff at the automaker’s lone assembly plant in Fremont, California, spent almost three times as many days off the job because of work-related injuries and illness in 2018 as the year before, an indication of just how much strain they were under as they manufactured electric cars at scale for the first time. When taking headcount growth into account, the amount of time away per worker doubled last year, according to Tesla’s report to the Occupational Safety and Health Administration, while the ...
Tags: Science, Tesla, Occupational Safety and Health Administration, Fremont California

The SEC Says Elon Musk's Rationale for Continuing to Send Out Bad Tweets 'Borders on the Ridiculous'

Last year, Tesla CEO Elon Musk sent out a baffling tweet saying that he had “funding secured” to take the company private at a share price of $420 (which some readers may recognize as the weed number). It turned out no such deal had been finalized, the Securities and Exchange Commission slapped Musk with fraud…Read more...
Tags: Twitter, Elon Musk, Science, Technology, Social Media, Tesla, Courts, SEC, Securities And Exchange Commission, Musk, Tesla CEO Elon Musk, SEC Says Elon Musk

Musk's Model Y Debut Leads to Tesla’s Worst Post-Party Rout

(Bloomberg) -- Tesla Inc. shares plunged 5 percent Friday, the worst rout for the stock following one of Chief Executive Officer Elon Musk’s parties to hype a new product or service.
Tags: Elon Musk, Science, Tesla, Bloomberg Tesla Inc, Worst Post Party Rout

Elon Musk's Later-Landing Model Y Reignites Concerns About Tesla Cash

“More expensive customer deposits for Model Y are likely to reinforce bear concerns about Tesla’s cash,” Toni Sacconaghi, an analyst with Sanford C. Bernstein Co., said in a report Friday. Tesla fell as much as 5 percent Friday to $275.40, which would be the lowest close since Oct. 22. At Tesla’s design studio, Musk showed off a blue prototype of the mid-sized Model Y, which is roughly 10 percent bigger than its best-selling Model 3.
Tags: Science, Tesla, Sanford C Bernstein Co, Toni Sacconaghi

The Tesla Model Y Came With No Surprises and That’s the Point

No Falcon Doors. No crazy gimmicks like Bioweapon Defense Mode. No pickup truck. No zany new features to spread to other cars. Tonight’s reveal of the Tesla Model Y crossover was, compared to many of the automaker’s previous dazzling Apple-like presentations, pretty boring. It felt normal—as does the car. Read more...
Tags: Elon Musk, Science, Tesla, Tesla Model Y

71 Percent of Americans Still Don't Trust Autonomous Cars According to New Survey

Most Americans are terrified of riding in autonomous vehicles, according to a new survey released by AAA. And rather than getting more comfortable with the futuristic technology, people are becoming more afraid.Read more...
Tags: Uber, Science, Tesla, Automation, Autonomous Vehicles, Driverless Cars, AAA, Driverless Car, Self Driving Cars, Waymo, Don t Trust Autonomous Cars According

New Report Gives Us Clearest Picture Yet of Whistleblower Allegations Against Tesla

This week, a third whistleblower came forward with damning allegations against Tesla. A former member of the Tesla security team, he is now corroborating claims by previous whistleblowers that Tesla hid information about the theft of raw materials from shareholders and conducted unauthorized surveillance on employees…Read more...
Tags: Science, Tesla, Whistleblowers

Tesla Employees Call 'Bullshit' On Online Sales Claims Amid Retail Closure Chaos

Derek was working at home from his sales job at a Tesla store on February 28. He wanted to have a leg up on some leads in anticipation of the big announcement to come at 5 p.m.. He surmised it would be the triumphant declaration that the Tesla Model 3 sedan would finally be available for the long-promised price of…Read more...
Tags: Elon Musk, Science, Tesla, Model 3, Derek, Model Y, Tesla Store

Tesla Is Keeping Its Stores Open, But Increasing Prices To Do It

The electric disruptor can't quite quit brick-and-motor.
Tags: Science, Tesla

Tesla Raises Prices as Musk Backtracks on Closing Stores

Tesla will increase the cost of its vehicles by an average of about 3 percent after rethinking a plan announced just 10 days earlier to wind down all but a small number of its stores. The blog post doesn’t give a rationale for why Tesla is backpedaling. Musk blindsided many sales personnel at the company with the store closings, and some investors and analysts feared the cost-cutting measures sent troubling signals about the state of the company’s sales and cash position.
Tags: Science, Tesla

Tesla to Raise Prices, Backtracks on Closing Most Stores

The move comes days after Tesla’s announcement to sell cars on an online-only platform to help save costs. The abrupt move earlier this month by Chief Executive Officer Elon Musk, contrasting with an expanding network of retail spaces, sparked concern about Tesla’s finances. Musk described the winding down of many stores as a cost-cutting move that enables Tesla to offer a long-promised $35,000 version of the Model 3 sedan, the automaker’s first mass-market vehicle.
Tags: Elon Musk, Science, Tesla, Musk

Tesla to Raise Prices, Close Fewer Stores Than Flagged

The move comes days after Tesla said it would be winding down most of its physical stores and move to an online-only platform. Potential Tesla car buyers will have a week to place orders before prices rise for the Model S and X, the company said. Tesla first published a public blog post late February, triggering a chorus of concerns raised by some investors and analysts also caught off guard by the move.
Tags: Science, Tesla, Model S

Tesla Investors Are Suing Over Elon Musk's Bad Tweets

At what point is it time to just log the hell off?Read more...
Tags: Twitter, Elon Musk, Science, Tesla, SEC, Never Tweet, Log Off

Elon Musk's security clearance under review by the Pentagon over pot use

The SpaceX founder and Tesla chief executive smoked marijuana on a comedian’s podcast last September, a US official saidSpaceX chief executive and Tesla boss Elon Musk’s security clearance is being reviewed by the Pentagon after the billionaire smoked marijuana on a California comedian’s podcast last September, a US official said on Thursday.An incident report was started by the Pentagon some time after the marijuana event, according to the official, who spoke on condition of anonymity. The revi...
Tags: Spacex, Elon Musk, Science, Technology, California, US, Tesla, Pentagon, Bloomberg Continue

Tesla's China Profit Potential Doubted by Morgan Stanley

Jonas cited Chinese authorities’ decision to suspend customs clearance for Model 3 sedans, an issue that’s been the subject of ongoing local media reports this week. Flawed labels have held up the cars at ports and highlighted “the risks inherent in U.S. auto/tech firms conducting business in the PRC,” Jonas wrote, noting the sensitivity of data privacy, cybersecurity, robotics and artificial intelligence. A total of 4,678 Model 3s that have arrived at Chinese ports may have issues, including ...
Tags: Science, China, Tesla, Morgan Stanley, Jonas, PRC, China Central Television

Tesla Says New Technology Can Recharge a Car in 15 Minutes

(Bloomberg) -- Tesla Inc. said it’s rolling out new technology that will cut typical recharging times for its electric vehicles to about 15 minutes.
Tags: Science, Tesla, Bloomberg Tesla Inc

Tesla Sell-Off Worsens After Elon Musk's Surprise Store Closings

Many sales personnel first found out about the decision when Tesla published a public blog post Thursday afternoon, said three people familiar with the matter, who asked not to be identified discussing sensitive matters. Tesla declined to comment on the sales shift beyond Thursday’s blog post and an email Musk sent employees later that day. The stock has dropped as much as 16 percent since Thursday, shaving more than $8 billion from Tesla’s market capitalization.
Tags: Science, Tesla, Musk, Tesla Sell Off Worsens

Elon Musk Blindsided Tesla Staff With Store-Closing Plans

Many sales personnel found out about the decision when Tesla published a public blog post Thursday afternoon, said the people, who asked not to be identified discussing sensitive matters. Tesla declined to comment on the sales shift beyond Thursday’s blog post and a Musk email to employees later that day. The abrupt move by Musk, 47, also shocked some investors, including Alex Chalekian, the founder and CEO of Lake Avenue Financial in Pasadena, California.
Tags: Science, Tesla, Musk, Elon Musk Blindsided Tesla, Alex Chalekian, Lake Avenue Financial

Fatal Tesla Model 3 Crash in Florida Prompts Investigations by Federal Agencies

A man driving a Tesla Model 3 in Delray, Florida was killed in a collision with another vehicle early Friday that has prompted investigations by the National Transportation Safety Board and the National Highway Traffic Safety Administration.Read more...
Tags: Florida, Science, Tesla, Autonomous Vehicles, Tesla Model 3, Self Driving Cars, National Transportation Safety Board, Federal Agencies, Delray Florida

Tesla's store-shuttering strategy may pull the rug out of solar

Tesla Inc's sudden decision to shutter the bulk of its stores around the world raises a red flag over the future of its solar branch, a declining business it paid $2.6 billion for in a controversial 2016 deal. Chief Executive Elon Musk's announcement on Thursday that the electric vehicle maker would close "many" of its stores around the world to sell cars online-only removes the only retail outlet for solar sales since Musk pulled the plug on a partnership with Home Depot last June. "Solar is ...
Tags: Home Depot, Elon Musk, Science, Tesla, Musk, Tesla Inc

Elon Musk's SpaceX plans NASA test launch Saturday

The Washington Post's Christian Davenport is among journalists who are gathering at Kennedy Space Center's launchpad 39A in Florida to witness a planned SpaceX test launch that is destined for the International Space Station. The launch of an unmanned craft brings NASA closer to having astronauts depart U.S. soil for space, for the first time in almost eight years. A lot is riding on this launch, particularly as the long-held fraternal relationship between America and Russia on space matters...
Tags: Post, Space, Spacex, Elon Musk, Florida, Science, News, Washington Post, Russia, America, Tesla, Nasa, United States, SEC, Iss, Spaceflight

The $35,000 Tesla Model 3 Is Here At Last

The Tesla Model 3 first entered “production,” if that’s what you wanted to call it back then, almost two years ago in 2017. But it’s been impossible to actually buy the long-promised $35,000 base model of the car that so many were hoping would to help them enter the electric future. Until now.Read more...
Tags: Science, Tesla, Tesla Model 3

Elon Musk-SEC ‘Boxing Match’ Is the Last Thing Tesla Investors Need

The stock is falling about 3 percent, as analysts say that regulators might come down hard on Musk, given the settlement is less than five months old, and in light of Musk’s disparaging comments about the SEC. With concerns mounting about the strength of Tesla’s demand and profit margins,and a debt payment milestone also hanging over the stock, the latest regulatory tussle comes at an inopportune time for Tesla investors. Here’s what analysts had to say on the latest SEC action.
Tags: Science, Tesla, SEC, Musk, Elon Musk SEC

Musk Lays Into SEC With More Tweets After U.S. Contempt Claim

“Something is broken with SEC oversight,” Musk wrote, in response to a user’s tweet sympathizing with this position. Musk was taking issue with the SEC alleging he breached that deal with a Feb. 19 tweet that said Tesla would make about half a million cars in 2019. The exchanges come less than five months after Musk settled claims that he misled the public with tweets about taking the electric-car maker private.
Tags: Science, Tesla, SEC, Musk

Elon Musk's Tweets Keep Landing Him in Trouble With the SEC

The U.S. Securities and Exchange Commission asked a judge Monday to hold Musk in contempt for violating last year’s settlement with the agency, raising a fresh round of regulatory issues for the electric-car maker’s chief executive officer. Musk tweets that he’s considering taking Tesla private, with funding secured, prompting the SEC to begin making inquiries into the truthfulness of his posting. Reports say Tesla received a subpoena from the SEC over Musk’s Aug. 7 tweet, showing intensifying...
Tags: Science, Tesla, SEC, Musk, U S Securities and Exchange Commission

Elon Musk’s Lawyers Defended Tweet to SEC as Rehash of Vetted Statement

The tweet “was intended to recapitulate” a statement from an earnings call 20 days earlier -- and pre-approved by Tesla’s general counsel -- in which Musk predicted Model 3 output “should allow us to get to the 10,000 vehicles a week rate or very close to it by the end of the year,” according to the attorneys’ Feb. 22 letter to the SEC included in court filings Monday. The company’s attorneys stressed that Tesla and Musk take seriously their responsibility under the settlement reached with the ...
Tags: Elon Musk, Science, Tesla, SEC, Musk

Porsche's First Electric Car: What To Know About the 2020 Taycan

~~~~Porsche's Tesla competitor, previously called Mission E, is now the Porsche Taycan. It's coming in 2020.
Tags: Science, Tesla, Porsche

Elon Musk Dials Back Tesla Production Forecast, Hours After Making It

The electric-car pioneer, who has a track record of snafus on Twitter, said he intended to tweet that Tesla expects to be making cars at an annual rate of about 500,000 by the end of 2019. Musk’s earlier tweet that Tesla would make about 500,000 cars in 2019 was difficult to gauge -- given his proclivity for setting stretch goals -- and was greeted with some skepticism on the social media platform.
Tags: Science, Tesla

Musk Hits Send Too Soon on Tesla Forecast, Revising Hours Later

The electric-car pioneer, who has a track record of snafus on Twitter, said he intended to say Tesla expects to be making cars at an annual rate of about 500,000 by the end of 2019, according to a tweet from the executive. Musk’s earlier tweet that Tesla would make about 500,000 cars in 2019 was difficult to gauge -- given his proclivity for setting stretch goals -- and was greeted with some skepticism on the social media platform.
Tags: Science, Tesla

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