Tesla reveals Model 3 Performance “Dual Motor” badge and new pricing

Tesla has given the Model 3 Performance and Dual Motor AWD a considerable price cut. Now, a fully-loaded Model 3 Performance costs $72,000 without Autopilot and Full Self-Driving, $6,000 less than its initial price of $78,000. Buyers opting for the non-performance variant Model 3 with dual motors and a Long Range battery pack can expect […]

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Tesla stock (TSLA) battles to keep its progress in Q2 2018 home stretch

Tesla stock (NASDAQ:TSLA) has experienced a roller coaster of a month this June, at one point almost coming within reach of its all-time high before plunging back 6.9% last week and settling at $333.63. As of June 22, Tesla had risen 25.4% quarter-to-date, making it one of the best-performing stock among automakers. Since then, however, […]

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Tesla to end Home Depot partnership as it closes 12 solar facilities: report

Tesla is closing around a dozen of its solar facilities across nine states in the United States. The closures of the solar sites are reportedly part of the company’s ongoing restructuring, which is set to lay off 9% of Tesla’s workforce. According to Reuters, the information comes from three internal company documents and statements from […]

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Tesla opens job posting for Intrusion Detection Security Engineer amid reports of sabotage

On the heels of a recently-filed lawsuit against a former process technician over allegations of data theft, hacking, and misreporting to the media, Tesla has posted a job opening for an Intrusion Detection Security Engineer. The new job posting, which could be viewed in full here, was initially shared by journalist Bozi Tatarevic on Twitter. […]

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Former Tesla employee fires back at lawsuit, claims he’s a whistleblower

Martin Tripp, a former process technician for Tesla, is fighting back after receiving a lawsuit from the Elon Musk-led company. Speaking to the media, Tripp alleged that he only shared data with outside parties because he was trying to warn investors and the public about questionable activities of the company. In a statement to CNN […]

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Tesla’s ‘leading choice’ for its Europe Gigafactory site is Germany

In a series of tweets on Monday, Elon Musk casually stated that Tesla’s “leading choice” for the site of its Europe Gigafactory is Germany. According to Musk, the facility would probably be built somewhere on the German-French border, near the Benelux (Belgium, Netherlands, Luxembourg) countries. Germany is a leading choice for Europe. Perhaps on the […]

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Elon Musk explains why Tesla built a tent for its new Model 3 assembly line

Tesla CEO Elon Musk has taken to Twitter to discuss why the company decided to set up its newest assembly line for the Model 3 inside a massive tent on the grounds on the Fremont factory. According to Musk, the tent was the result of time constraints, as the company is attempting to hit a pace […]

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Tesla employee allegedly ‘sabotaged’ manufacturing operations after failed promotion, says Musk

Tesla CEO Elon Musk sent an email to employees Sunday night, alleging that a disgruntled employee has committed sabotage against the company. Musk’s email, which was sent on Sunday night, stated that the employee conducted a rather “extensive and damaging sabotage” to Tesla’s operations, including changing codes to the Tesla Manufacturing Operating System and exporting […]

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Tesla pushes higher as investors see confidence in ability to scale Model 3 production

Tesla shares (NASDAQ:TSLA) have continued to rise in the stock market, rallying as high as 3.96% and trading at $372.68 per share on Monday’s intraday amid investors’ improved sentiment on the Elon Musk-led company’s capability to scale Model 3 production and a new, optimistic outlook from Wall Street analysts. Tesla stock has seen a meteoric […]

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Elon Musk’s Boring Company could be worth $16B after Chicago-O’Hare tunnel

The Boring Company might have started as a lighthearted jest from Elon Musk’s Twitter sessions, but the tunneling startup is now tackling a very serious project. Just last week, it was selected as Chicago’s contractor for its upcoming high-speed downtown-O’Hare transport line. In a call to clients on Friday, a Berenberg analyst has stated that […]

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