Panasonic could update Japan plant for upgraded Tesla battery production: source

Panasonic Corp, Tesla’s exclusive battery partner for its existing lineup of vehicles, is reportedly looking to upgrade one of its Japan-based facilities to enable the production of advanced-format battery cells for the electric car maker. The update was recently related to Reuters on Thursday by a source reportedly familiar with the matter. Tesla and Panasonic […]

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Tesla’s $35k Model 3 lives on, even if $39.5k Standard Plus hits ‘sweet spot’ for buyers

Tesla CEO Elon Musk has stated that while the $35,000 Standard Model 3 is currently an off-menu item, the vehicle will continue to be offered as an option for electric car buyers. Addressing the vehicle during the Q1 2019 earnings call, Elon Musk noted that the $35,000 version “is there and will remain there,” though […]

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Tesla Model Y production site narrowed down to Fremont, CA and Nevada

Tesla shed some light on its Model Y production plans during the recently-held first-quarter earnings call, with the company stating that it will likely establish the upcoming all-electric SUV’s production lines either in California or Nevada. The update on the company’s plans for Model Y production was related by Elon Musk, who noted that a […]

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Tesla reports loss in Q1, many deliveries to shift into Q2

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The Tesla earnings call is out only this time it is a loss for the first time in two quarters. The electric car company reports a net loss of $702M, including $188M of non-recurring charges but also cash of $2.2 billion. The loss had been expected with Tesla saying they focussed the “attention on growth […]

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Tesla (TSLA) Q1 2019 earnings call updates: Live Blog

Tesla’s (NASDAQ:TSLA) first-quarter earnings call comes at a pivotal point for the electric car maker. Following a record-setting Q4 2018 that saw new highs for production and deliveries, Q1 2018 saw a drop in the company’s vehicle production and deliveries. Since then, the stock has been weighed down as reservations emerged about the company’s capability […]

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Tesla reports Q1 earnings: Wide loss during logistical challenges

Tesla’s (NASDAQ:TSLA) first-quarter earnings for 2019 saw the California-based electric car maker fall short of Wall Street’s revenue estimates after posting $4.5 billion in revenue. Additionally, the company missed analysts on the bottom line by a wide margin with a GAAP loss of $702 million. In the fourth quarter of last year, the company posted […]

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Tesla gets vote of confidence over FSD tech, board updates in run-up to Q1 earnings

Tesla (NASDAQ:TSLA) might be attracting a notable degree of skepticism as it heads towards its first-quarter earnings call, but the company is still receiving support from one of its biggest bulls. In a note following Tesla’s Autonomy Day, Canaccord analyst Jed Dorsheimer highlighted the electric car maker’s lead in the EV market, as well as […]

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