Tesla Burns $739.5 Million in Cash on Way to Record 2Q Loss
Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars.
Israeli Entrepreneur Races Tesla to Get Electric Trucks on Road
Tevva Motors Ltd., headed by a former Israeli submariner who’s vying with Elon Musk’s Tesla Inc. to develop electric-powered trucks, secured a major investment that will enable it to put the vehicles on the road this year.
With Promised Semi on the Horizon, Tesla Cuts 9% of Workforce
Electric car maker Tesla Inc. is laying off about 3,600 workers mainly from its salaried ranks as it slashes costs in an effort to deliver on CEO Elon Musk’s promise to turn a profit in the second half of the year.
June 12, 2018German Electric Carmakers Pose Threat to Tesla
Major German carmakers are rolling out stylish, sporty electric vehicles in the mold of Tesla's Models S, X and 3. Unlike Tesla, they have roughly a century of experience launching models every few months and can spread development costs across a broad portfolio.
City Furniture Orders Five Tesla Semis
City Furniture preordered five Tesla Semis, the electric-powered Class 8 truck that has received orders from such firms as DHL Supply Chain, FedEx Corp., J.B. Hunt Transport Services, UPS Inc. and Walmart Inc.
April 30, 2018Tesla Autopilot Chief Jim Keller Latest Executive to Leave Company
Tesla Inc.’s Autopilot chief, Jim Keller, has left the company, the latest in a rash of executive departures at the electric-car maker led by CEO Elon Musk.
FedEx Orders 20 Tesla Semis
FedEx Corp has ordered 20 of the Tesla Semi electric trucks for its FedEx Freight less-than-truckload unit.
March 27, 2018XPO, DHL Back Tesla Semi
Logistics firms are joining trucking companies in checking out the potential for the Tesla Semi, with at least two testing prototypes of the electric truck.
This Electric Truck Will Probably Beat Tesla’s to Market
On the evening of Nov. 16, Elon Musk unveiled the latest prop in his Tony Stark cosplay. Tesla Inc.’s all-electric semi rig met all the classic Musk product launch criteria: It looked stunning, had unprecedented performance numbers, included features straight out of science fiction, and would arrive at some unknown date at a too-good-to-be-true price from a still-to-be-built assembly line.
Tesla Reveals Price Range for Electric Semi
Tesla Inc. said the expected price for its all-electric Class 8 truck will range from $150,000 to $200,000.
November 28, 2017