Tesla Inc. won exemption from a 10% Chinese tax on automotive sales, sidestepping trade tensions with the U.S. following CEO Elon Musk鈥檚 visit to the country.
August 30, 2019Government, Business, Technology
Tesla Gets Exemption From China鈥檚 10% Tax on Car Sales
Business, Technology, Autonomous
Tesla鈥檚 Musk and Alibaba鈥檚 Ma to Debate AI in China
From Jack Ma to Pony Ma, the leading lights of China鈥檚 internet industry gather in Shanghai this week to showcase the country鈥檚 latest advances in artificial intelligence. But the real headliner could be American entrepreneur Elon Musk.
August 28, 2019Government, Business, Technology
Musk鈥檚 Tweets About Tesla Production Raise Questions on SEC Accord
Elon Musk tweeted a Tesla Inc. production number that the company hadn鈥檛 communicated previously, presenting the first test case of whether his April settlement with securities regulators has made him more disciplined on social media.
July 30, 2019Business, Technology
Tesla Plunges on Profit Doubts, Co-Founder J.B. Straubel鈥檚 Surprise Exit
Tesla Inc. shares plummeted after a worse-than-expected loss and yet another major management change cast fresh doubts on the electric car maker鈥檚 future.
July 25, 2019Business, Technology
Tesla鈥檚 鈥楢nemic鈥 High-Margin Model Sales Extend Profit Struggle
Tesla Inc. is delivering more cars than ever because of the emergence of Model 3 customers like Mike Land. His view of the relative weakness of Elon Musk鈥檚 more expensive electric cars also helps explain why the company is still struggling to make money.
July 23, 2019Business, Technology, Logistics
Tesla Readies Production Boost, Hints of Return to Hiring Mode
Tesla Inc. is poised to increase production at its California car plant and is back in hiring mode, according to an internal e-mail sent days after the company wrapped up a record quarter of deliveries.
July 10, 2019Business, Technology, Logistics
Musk Seeking Tesla Deliveries Record Could Be a Double-Edged Sword
Analysts鈥 fear is that even if Tesla does show marked improvement in deliveries this quarter, Musk will achieve this at the expense of profitability. And with a shrinking U.S. tax credit posing a threat to demand in the second half of the year, Tesla鈥檚 efforts to hand over more Model 3s overseas could further compromise earnings because of relatively higher shipping expenses.
July 1, 2019Business, Technology
Tesla Analysts Warn on Demand, Profits as Quarter Nears End
The concerns around the demand for Tesla Inc.鈥檚 cars are resurfacing as the second quarter nears a close, with Goldman Sachs analyst David Tamberrino saying volume estimates for the second half of the year and beyond appear to be high, considering there are now fewer 鈥渓evers to pull to stoke demand going forward.鈥
June 20, 2019Business, Technology
Musk Tells Tesla Shareholders Consumer Demand Not a Problem
Tesla Inc. CEO Elon Musk dismissed concerns about demand for his company鈥檚 trademark electric vehicles, telling shareholders at the company鈥檚 annual meeting June 11 that sales this quarter could hit record levels.
June 12, 2019Business, Technology, Equipment
What to Watch for at Tesla鈥檚 Annual Shareholders Meeting
Tesla Inc. investors will be more anxious than usual to get an update from CEO Elon Musk on June 11 at the company鈥檚 annual meeting.
June 11, 2019