Soft Demand Expected for Tesla Model 3 Until Price Drops
Demand for Tesla Inc.’s Model 3 sedan is expected to remain soft in the United States until the release of the lower-priced $35,000 model next quarter, Cowen analyst Jeffrey Osborne said.
Tesla Factory Injuries Idled Workers Three Times as Much in 2018
Tesla Inc. factory employees 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.
Tesla Unveils Model Y Crossover, but Delivery Time Reignites Cash Concerns
The Model Y crossover that Elon Musk debuted late March 14 in Hawthorne, Calif., will start being delivered to customers in the fall of next year, later than some analysts anticipated. The company immediately began taking $2,500 pre-orders, a bigger ask than the $1,000 it has charged to reserve a Model 3 sedan.
Sizable Shipment of Tesla Model 3s Set for Norway
Tesla Inc. is set to make one of the largest deliveries yet of its new Model 3 car to Norway, one of the electric vehicle producer’s biggest markets.
Tesla to Raise Prices, Close Fewer Stores Than Announced
Tesla Inc. plans to raise average vehicle prices by about 3% globally after it decided to shut down fewer stores than it previously announced.
First Responders Work With Developers to ‘Teach’ Self-Driving Cars to Pull Over
Financing Deals Put Tesla Closer to Making Model 3s in China
Tesla Inc. secured as much as $521 million in loans from Chinese banks to build a vehicle and battery factory in the country, putting the carmaker a step closer to producing Model 3 sedans at its first overseas plant.
March 8, 2019Tesla Probably Can’t Make Money in China, Morgan Stanley Says
Investors should keep their expectations about Tesla Inc.’s ability to operate profitably in China “very low,” Morgan Stanley analyst Adam Jonas wrote in a note, adding that he’s cautious about the country’s role in the carmaker’s long-term strategy and fundamental value.
Musk Blindsided Tesla Staff With Store Wind Down, Sources Say
Tesla Inc. CEO Elon Musk caught many employees by surprise with his announcement last week that the electric-car maker would close most stores and shift to online-only sales, according to three people familiar with the matter.
Tesla’s Elon Musk Touts Model Y Event as Questions About Company Linger
Elon Musk said March 3 that Tesla will unveil its Model Y crossover in less than two weeks, as questions about store closures, employee layoffs and demand in the wake of waning U.S. federal tax credits threaten the company’s growth narrative.