Tesla Pushes Cheaper Cars, Will Move Sales Online and Close Most Stores
Tesla said Feb. 28 it will close “many” of its stores and shift to online-only sales after announcing that its long-awaited $35,000 Model 3 is available for purchase.
Musk Faces Contempt Claim for Violating Accord With SEC
Elon Musk is facing a new round of regulatory trouble for tweets about Tesla Inc., raising fresh concerns about the chief executive officer’s ability to keep his impulses in check and responsibly run a public company.
February 26, 2019Tesla’s Model 3 Dominated Global Electric-Car Market in 2018
Tesla Inc.’s Model 3 sedan took command of the global electric-car market last year, outselling the nearest competitor by about 50%.
Tesla Model 3 Loses Consumer Reports Recommendation
Tesla Inc.’s Model 3 lost a coveted recommendation from Consumer Reports, dropping its brand from the top 10 of the magazine’s closely watched annual ranking. The electric-car maker’s shares dropped.
Tesla CEO Elon Musk Sets Goal of Making 500,000 Cars in 2019
Elon Musk said Tesla Inc. will make about 500,000 cars this year, a prediction that’s difficult to gauge given the CEO’s proclivity for setting stretch goals.
Tesla Racing to Get Model 3s to China Before Potential Tariff Hike
Tesla Inc. is loading as many Model 3 sedans as it can onto vessels destined for the People’s Republic ahead of March 1, when a trade-war truce between presidents Donald Trump and Xi Jinping is scheduled to expire.
Tesla CEO Elon Musk Visits Norway to Address Service Capacity Issues
Tesla Inc. CEO Elon Musk visited Norway to accelerate a fix to service capacity in a key market for the carmaker after delays and bottlenecks angered customers in Scandinavia’s richest nation.
Automakers Recall 1.7 Million Vehicles With Potentially Lethal Air Bags
DETROIT — Subaru, Tesla, BMW, Volkswagen, Daimler Vans, Mercedes and Ferrari are recalling about 1.7 million vehicles to replace potentially deadly air bag inflators made by Takata Corp. of Japan.
Tesla to Cut 1,000 Jobs Starting March 20
Tesla’s Fremont factory will be the hardest hit in California by the global job cuts the electric vehicle maker announced last month.
Polar Vortex Exposed Range Limitations of Electric Car Batteries, AAA Says
DETROIT — Cold temperatures can sap electric car batteries, temporarily reducing their range by more than 40% when interior heaters are used, a new study found.