Posts filtered by tags: TSLA[x]


 

More Tesla employees say they were fired for staying home over COVID-19 fears even though CEO Elon Musk said they could (TSLA)

Three more employees of Tesla's Fremont factory told The Washington Post they were fired for staying home for fear of catching COVID-19, despite Elon Musk's guidance telling workers they're not obligated to come to work. The recent firings come days after Tesla reportedly fired two other employees for the same reason. Musk sent an email to workers in May when the factory reopened, saying if "you feel uncomfortable coming back to work at this time, please do not feel obligated to do so." Since ...
Tags: Elon Musk, California, Trends, Tesla, TSLA, The Washington Post, Musk, FREMONT, The Post, Fremont California, Alameda County, The Washington Post Tesla, COVID, May County


Tesla celebrates its 10th year as a public company today. Here are the most important moments in its history. (TSLA)

On June 29, 2020, Tesla celebrates its 10th year anniversary of going public. In 2010, Tesla offered 13.3 million shares at $17 per share. The company has permanently changed how the public perceives electric cars. Visit Business Insider's homepage for more stories. Tesla celebrates its 10th anniversary of going public on June 29. It's been a long 10 years, full of ups and downs. But it's fair to say that in 2020, Tesla has succeeded in putting electric cars on the radar for many buyers who o...
Tags: Spacex, Elon Musk, China, Trends, Tesla, United States, New York Times, Shanghai, TSLA, SEC, Silicon Valley, Sam Altman, Epa, Nevada, Mars, Nikola Tesla


Elon Musk said in a leaked email that Tesla may break even during Q2 despite its US car factory closing for 2 months (TSLA)

Tesla may avoid a loss during the second quarter, CEO Elon Musk told employees in an email on Monday. "Breaking even is looking super tight," he said. "Really makes a difference for every car you build and deliver. Please go all out to ensure victory!" While Tesla made a surprise profit in the first quarter of this year, analysts are predicting the electric-car maker will lose money in the second quarter, according to Marketwatch. Are you a current or former Tesla employee? Do you have an opin...
Tags: Elon Musk, US, Trends, Tesla, TSLA, Hyundai, Marketwatch, Musk, Nikola, Electrek, Fred Lambert, Marketwatch Though Tesla


Tesla is doing something we haven't seen since the early 20th century — rapidly building up a new industry. Here's how. (TSLA)

The early 20th-century was a period of rapid innovation. 120 years later, innovation has given way to consolidation: the automobile, the airplane, and stuff like nuclear power and computers are valued as legacy investments. Tesla isn't. The company's value confuses everyone because they're trying to think of the firm in 2020 terms. They should be thinking of Tesla in terms of the radical innovations of the early 20th century. Visit Business Insider's homepage for more stories. One of the more...
Tags: Apple, Facebook, Elon Musk, US, Trends, General Motors, Tesla, TSLA, Silicon Valley, Mars, Boeing, Henry Ford, Wright Brothers


Tesla's autopilot confused a Burger King sign for a stop sign. The fast food chain turned it into an ad. (TSLA)

A Tesla owner posted a video online of their car mistaking a Burger King sign for a stop sign.  Burger King saw a chance to turn it into advertising. "Smart cars are smart enough to brake for a whopper," the fast-food chain's latest ad says.  Visit Business Insider's homepage for more stories. Burger King figured out a way to turn a Tesla autopilot error into marketing. The fast-food chain on Tuesday released an ad that uses part of a YouTube video in which Tesla's assisted-driving feature m...
Tags: Elon Musk, Trends, Tesla, TSLA, Burger King, Niedermeyer


The US government is investigating 63,000 Tesla Model S vehicles over possible touchscreen failures (TSLA)

The US highway safety administration is investigating some Tesla Model S vehicles that could have faulty memory chips. When the components wear out, the main media control center for the car can fail, NHTSA said.  Tesla did not respond to a request for comment about the new investigation.  There have been no accidents due to the alleged failures, NHTSA said.  Visit Business Insider's homepage for more stories. The US National Highway Traffic Safety Administration said Wednesday that it was in...
Tags: US, Trends, Tesla, TSLA, Tesla Model S, Nhtsa, Tesla Model, MCU, US National Highway Traffic Safety Administration


Elon Musk said in a mysterious leaked email that it's 'very important' for Tesla employees to 'go all out' through the end of this month (TSLA)

Tesla CEO Elon Musk told employees on Monday in an internal email that it's "very important" they "go all out" through the end of June. Musk did not provide more detail on the projects or activities he was referring to, and Tesla did not immediately respond to a request for comment. The electric-car maker has in the past asked for help with vehicle deliveries at the end of a quarter and, earlier this month, Musk said the company was dealing with production and supply-chain issues for its Model...
Tags: Elon Musk, California, China, US, Trends, Tesla, TSLA, Musk, Tesla CEO Elon Musk, Electrek, Fred Lambert, Austin Gigafactory, Tesla Apple Nvidia


Tesla reveals potential Austin Gigafactory location for the first time (TSLA)

Tesla has decided on a potential location for its newest US factory if it ends up choosing Austin, but the company has yet to officially make the purchase.  Texas and Oklahoma were widely reported to be the final contenders for Elon Musk's newest factory after the billionaire sparred with California in May.  The location, near Austin's airport, is currently a concrete plant.  Visit Business Insider's homepage for more stories. Tesla still hasn't officially confirmed the location of its forthc...
Tags: Elon Musk, Texas, California, US, Trends, Tesla, Austin, TSLA, Nevada, Oklahoma, Musk, Tulsa, Austin Texas, Austin American Statesman, Texas Nevada, G T Bynum


Tesla may be close to revealing batteries that leap ahead of their rivals in 4 big ways, experts say (TSLA)

Tesla may be close to hitting benchmarks in battery cost, energy density, and lifespan, while also unveiling a cobalt-free cell design, Jeffries said in a note on Thursday. The electric-car maker may also become less reliant on Panasonic and CATL for battery-cell production, Jeffries said. Reuters reported in June that Tesla was planning to unveil a electric-vehicle battery that could last for 1 million miles and cost less than the company's current batteries this year or in 2021. Are you a cu...
Tags: Elon Musk, China, US, Trends, Tesla, TSLA, Panasonic, Nevada, United, Jefferies, Cnbc, American Airlines, Reuters, Morgan, Jeffries, CATL


Tesla sales in California plunged amid the coronavirus — now all eyes are on China to make up the difference (TSLA)

Tesla registrations, a key indicator for sales, fell dramatically in April and May in California, according to new data.  The unexpected news did little to shake investor confidence in the high-flying stock.  It's the first look into how Tesla's second quarter is faring after a surprise first-quarter profit.  Visit Business Insider's homepage for more stories. Tesla sales dropped dramatically in California, its home state and a key market, this spring as the coronavirus forced people to stay ...
Tags: Elon Musk, California, China, US, Trends, Tesla, Beijing, TSLA, Musk, Wedbush Securities, Nikola, Dominion Enterprises, Dan Ives, Giga


Tesla stock is up over 3,000% since the company's 2010 IPO. Here's now that remarkable level was achieved, year-by-year. (TSLA)

Tesla's stock price recently peaked above $1,000, an historic high for the 16-year-old automaker. Tesla's value topped Toyota's; before that, the company was worth more than General Motors, Ford, and Fiat Chrysler Automobiles combined. Tesla is 16 years old, the youngest major US automaker. Its value far outpaces in annual sales, and the company has never posted a full-year profit. Here's how Tesla went from being worth $17 per share at its 2010 IPO to more than $1,000 — a more-than 3,000% ret...
Tags: Google, Facebook, Usa, China, US, Trends, General Motors, Tesla, TSLA, SEC, Silicon Valley, Toyota, Daimler, Fiat Chrysler, Northern California, Fiat Chrysler Automobiles


Tesla stock is up over 3,000% since the company's 2010 IPO. Here's how that remarkable level was achieved, year-by-year. (TSLA)

Tesla's stock price recently peaked above $1,000, an historic high for the 16-year-old automaker. Tesla's value topped Toyota's; before that, the company was worth more than General Motors, Ford, and Fiat Chrysler Automobiles combined. Tesla is 16 years old, the youngest major US automaker. Its value far outpaces in annual sales, and the company has never posted a full-year profit. Here's how Tesla went from being worth $17 per share at its 2010 IPO to more than $1,000 — a more-than 3,000% ret...
Tags: Google, Facebook, Usa, China, US, Trends, General Motors, Tesla, TSLA, SEC, Silicon Valley, Toyota, Daimler, Fiat Chrysler, Northern California, Fiat Chrysler Automobiles


Tesla has always been a design leader, but some vehicles are better than others. Here's a ranking, from best to worst. (TSLA)

Tesla has always stressed good design in its vehicles, but some have definitely looked better than others. These days, there's also a lot of variety with Tesla, ranging from the Model 3 sedan to the Cybertruck. Some design themes have been consistent, yielding attractive vehicles that have stood the test of time; but Tesla has missed the mark, too. I've ranked Tesla's past, current, and future designs, from best to worst. Visit Business Insider's homepage for more stories. Tesla has come a lo...
Tags: Facebook, US, Trends, Tesla, TSLA, Toyota, Lotus, Malibu, Musk, Mack, Tesla CEO Elon Musk, Ford Model T, Holzhausen, SpaceX Falcon Heavy, Franz von Holzhausen, Cybertruck


Tesla loses another vice president, this time from business development (TSLA)

Tesla's vice president of business development, Robin Ren, has left the company, according to his LinkedIn profile. Ren is the latest executive to leave after a spate of executive departures in the past two years, which most recently saw the company's head of European expansion leave as its newest factory near Berlin is under construction. Bloomberg News first reported Ren's departure. Neither Tesla nor Ren responded to requests for comments. On a call with investors in 2018, Musk laude...
Tags: Stanford, China, Berlin, Trends, Linkedin, Tesla, Asia Pacific, TSLA, Musk, Bloomberg News, Ren, Dell EMC, Robin Ren, University of Pennsylvania Before Tesla


MORGAN STANLEY: These 48 stocks could help investors who want to cash in on the electric-vehicle revolution

Electric-vehicle sales are set to accelerate in the coming decades from around 2% of the global auto market in 2019 to nearly 90% by 2050, Morgan Stanley predicts. The shift away from gas-powered vehicles will create opportunities for companies within and beyond the auto industry. In a June 5 research note, Morgan Stanley listed 48 companies across 10 industries that could benefit from increasing electric-vehicle adoption. Below are the bank's picks, as well as its price target and rating for ...
Tags: Samsung, Trends, Tesla, Cat, ROK, Cree, TSLA, Warren Buffett, Volkswagen, Siemens, Glencore, Morgan Stanley, Carl Icahn, Moss, Quanta, Glen


Morgan Stanley handpicks 48 stocks for investors who want to cash in on the electric-vehicle revolution

Electric-vehicle sales are set to accelerate in the coming decades from around 2% of the global auto market in 2019 to nearly 90% by 2050, Morgan Stanley predicts. The shift away from gas-powered vehicles will create opportunities for companies within and beyond the auto industry. In a June 5 research note, Morgan Stanley listed 48 companies across 10 industries that could benefit from increasing electric-vehicle adoption. Below are the bank's picks, as well as its price target and rating for ...
Tags: Samsung, Trends, Tesla, Cat, ROK, Cree, TSLA, Warren Buffett, Volkswagen, Siemens, Glencore, Morgan Stanley, Carl Icahn, Moss, Quanta, Glen


Several Tesla employees reportedly contracted the coronavirus after Elon Musk opened its factory despite shelter-in-place orders (TSLA)

Tesla employees tested positive for the coronavirus after Tesla resumed work at its factories, the Washington Post reports.  The company defied local shelter-in-place orders to restart manufacturing amid the pandemic in May.  There's clear evidence that lockdown efforts and social distancing helped slow the virus' spread — and that many US deaths could have been prevented. Visit Business Insider's homepage for more stories. "Several" Tesla employees tested positive for the coronavirus after ...
Tags: Elon Musk, Washington Post, US, America, Trends, Tesla, TSLA, Panasonic, Musk, Alameda, FREMONT, Upstate New York, Alameda County, Faiz Siddiqui, Washington Post Tesla


Leaked email from Elon Musk reveals the Model Y is experiencing production 'challenges' while passing the Model 3 as the top priority at Tesla's US car factory (TSLA)

Tesla's Model Y SUV is the number-one priority at the electric-car maker's Fremont, California, factory, CEO Elon Musk said in an email to employees on June 6. Tesla is dealing with manufacturing and supply chain "challenges" related to the Model Y, Musk said. He did not describe the issues in detail, but characterized them as normal for the launch of a new vehicle. Musk also made reference to "tough conditions" on one assembly line and said they would soon improve, though he did not specify w...
Tags: Elon Musk, California, China, US, Trends, Tesla, Gm, TSLA, Musk, Tesla Autopilot, FREMONT, Fremont California, Division of Occupational Safety and Health, CEO Elon Musk, Tesla Waymo, Sandy Munro


Tesla's China sales tripled from April to May as the world's largest auto market staged a surprise turnaround (TSLA)

Tesla saw a large increase in China sales in May over April, a trade group said Monday.  The uptick comes as China, the world's largest car market, also rebounded from months of declines.  Shares of Tesla surged Monday after the news.  Visit Business Insider's homepage for more stories. U.S. electric vehicle maker Tesla sold 11,095 Shanghai-made Model 3 vehicles in China in May, more than triple the volume seen in April, according to the China Passenger Car Association (CPCA). Tesla sold 3,63...
Tags: China, Trends, Tesla, Shanghai, TSLA, Wedbush, Brenda Goh, Dan Ives, Giga, CPCA, China Passenger Car Association CPCA Tesla, Yilei Sun, Jan Harvey Join


If Tesla can bring its German factory online in 2020, it really will have revolutionized the auto industry (TSLA)

Tesla built a new factory in China is about year, and is planning an even faster process for another plant in Germany. Tesla's expanding manufacturing footprint is rapidly giving it a presence in the world's three most important markets: the US, China, and Europe. The biggest innovations in the auto industry haven't involved propulsion — from Henry Ford to Toyota to Tesla, they've been about production. Visit Business Insider's homepage for more stories. A few years back, I made a cheap joke ...
Tags: Facebook, Europe, California, China, Germany, Berlin, US, Trends, Tesla, Bloomberg, Ford, Shanghai, TSLA, Toyota, Volvo, South Carolina


Tesla Autopilot's groundbreaking new feature gives it an edge over GM's Super Cruise, but Autopilot still has a big flaw compared to its major rival, an industry expert says (TSLA)

Tesla's new feature that allows Autopilot, the electric-car maker's advanced driver-assistance system, to recognize stop signs and traffic lights gives the system the ability to in some cases operate on city streets and residential roads. Advanced driver-assistance systems that can control steering and speed (while still requiring human supervision) were previously limited to highways. But the new Autopilot feature raises safety concerns because it will automatically slow down before a green l...
Tags: Amazon, Elon Musk, Trends, General Motors, Tesla, Mit, Gm, TSLA, Nissan, Morgan Stanley, Musk, Carnegie Mellon, Autopilot, Cadillac, Cummings, Duke University


Tesla could be getting closer to unveiling an EV battery that could last 1 million miles, experts say (TSLA)

Tesla may be preparing to reveal an electric-vehicle battery that could last 1 million miles, Wedbush Securities analysts Dan Ives and Strecker Backe said in a note to clients published on Monday. Reuters reported last month that Tesla planned to introduce a lower-cost electric-vehicle battery with a million-mile range this year or in 2021. Tesla may hold the first part of an event for investors and analysts focused on battery technology in June. Are you a current or former Tesla employee? Do ...
Tags: Elon Musk, Trends, Tesla, Porsche, Gm, TSLA, Reuters, Ives, Backe, Wedbush Securities, Dan Ives, Strecker Backe, Cairn Energy Research Advisors, BMW Cairn, George Floyd, Porsche Chevrolet


Tesla may have an edge over its rivals during the COVID-19 crisis, an industry watcher says (TSLA)

In the past two years, Tesla has gone from the verge of bankruptcy to earning profits (albeit, small ones) three quarters in a row. During that time, the electric-car maker has made significant improvements to its manufacturing process, suggesting Tesla may be reaching a turning point in its financial and operational stability. While the company still has to deal with the fallout from the novel coronavirus, the pandemic likely won't disrupt the company's progress in the long term, said Ed Kim,...
Tags: Elon Musk, China, US, Trends, Tesla, Bloomberg, Porsche, Ford, Shanghai, Gartner, TSLA, Kim, Munster, Musk, Fiat Chrysler, Morningstar


Tesla may be getting closer to unveiling an EV battery that could last 1 million miles, experts say (TSLA)

Tesla may be preparing to reveal an electric-vehicle battery that could last 1 million miles, Wedbush Securities analysts Dan Ives and Strecker Backe said in a note to clients published on Monday. Reuters reported last month that Tesla planned to introduce a lower-cost electric-vehicle battery with a million-mile range this year or in 2021. Tesla may hold the first part of an event for investors and analysts focused on battery technology in June. Are you a current or former Tesla employee? Do ...
Tags: Elon Musk, Trends, Tesla, Porsche, Gm, TSLA, Reuters, Ives, Backe, Wedbush Securities, Dan Ives, Strecker Backe, Cairn Energy Research Advisors, BMW Cairn, George Floyd, Porsche Chevrolet


Where Will Tesla Be in 5 Years?

Since even before its IPO, top electric-car maker Tesla (NASDAQ: TSLA) has faced tough questions about its future. After that, they were skeptical about the economics of manufacturing a mass-market electric car. Throughout it all, Tesla's reputation, its footprint, and -- for the most part, anyway -- its share price grew and grew and grew (as did its debt load; more on that later).
Tags: Business, News, Tesla, TSLA


After coming back from the brink of death, Tesla could have an edge over its rivals during the COVID-19 crisis, an industry watcher says (TSLA)

In the past two years, Tesla has gone from the verge of bankruptcy to earning profits (albeit, small ones) three quarters in a row. During that time, the electric-car maker has made significant improvements to its manufacturing process, suggesting Tesla may be reaching a turning point in its financial and operational stability. While the company still has to deal with the fallout from the novel coronavirus, the pandemic likely won't disrupt the company's progress in the long term, said Ed Kim,...
Tags: Elon Musk, China, US, Trends, Tesla, Bloomberg, Porsche, Ford, Shanghai, Gartner, TSLA, Kim, Munster, Musk, Fiat Chrysler, Morningstar


Tesla shareholders will vote on whether the company should do something it's never done before: advertise (TSLA)

A Tesla shareholder has proposed that the company spend money on advertising for the first time in its history.  Investors will vote on the matter in July at the company's annual meeting, but it's not likely to pass.  Even without ads, Tesla is worth more than most other traditional automakers and demand has largely outpaced production. Visit Business Insider's homepage for more stories. Tesla has never advertised. So far, that's worked well. Elon Musk's electric automaker is worth more than ...
Tags: Elon Musk, Trends, Tesla, TSLA, Daimler, Danforth, Ford General Motors Fiat Chrysler, James Danforth


Elon Musk has officially hit the first milestone of his $55 billion compensation package (TSLA)

Tesla CEO Elon Musk, who doesn't take a salary from the company, has officially unlocked the first part of his $55 billion compensation package, the company said Thursday.  Tesla announced in an updated regulatory filing that its board has certified the requirements — $20 billion in revenue and a sustained market cap of $100 billion — to unlock the first tranche of stock options available for Musk to purchase at a hefty discount. As of Thursday, the billionaire can buy 1,688,670 shares at $350...
Tags: Elon Musk, Trends, Tesla, Bloomberg, TSLA, Musk


Tesla Slashes Vehicle Prices: Here's What Investors Should Know

In a surprise move, electric-car maker Tesla (NASDAQ: TSLA) cut the prices of some of vehicles by as much as 6% this week. While investors can't know for sure exactly what spurred the decision for the price decrease, it almost certainly reflected an effort to increase demand for its vehicles. Further, it's possible that price cuts also reflected improved manufacturing costs.
Tags: Business, News, TSLA, Tesla Nasdaq


Mayor of Tulsa says the city will buy Cybertrucks to use as police cars if Elon Musk picks it for Tesla's new factory (TSLA)

As creative renditions of Tesla's planned Cybertruck flourish online, the city of Tulsa has a particularly strategic one. In a tweet, Tulsa, Oklahoma's mayor appeared to tell CEO Elon Musk the city would buy the eventual truck for police use.  Last week, Tesla representatives scouted Tulsa and Austin as potential locations for the company's fifth factory where it will build the truck.  Visit Business Insider's homepage for more stories. The mayor of Tulsa, OK is using anything he can to entic...
Tags: Facebook, Twitter, Elon Musk, Trends, Tesla, Austin, TSLA, Oklahoma, Musk, Tulsa Oklahoma, Tulsa, Austin Texas, Bynum, CEO Elon Musk, Stitt, Tulsa OK