Tesla

Elon Musk says Tesla could build $25,000 EV in about 'three years'
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When Elon Musk unveiled Tesla's second master plan, the $35,000 Model 3 represented the price floor. It wasn't set in stone, but you couldn't realistically expect more. However, the dream of a truly affordable Tesla EV just got a little more tangib…

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The Weird Mistakes Killing Tesla
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Tesla is trending to fail spectacularly. It has been burning cash at an unsustainable rate, and it keeps making avoidable mistakes that weaken it. Here’s what is weird: You’d think the firm’s biggest problem would be that every large car maker was working behind the scenes to kill it. However, with the exception of the […]

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Elon Musk’s mystery Tesla buyout funder is Saudi Arabia
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Enlarge / Crown Prince Mohammed bin Salman of the Kingdom of Saudi Arabia. (credit: Kevin Dietsch/Getty Images) Saudi Arabia’s sovereign wealth fund is the mystery funder that has offered to finance a deal to take Tesla private, Elon Musk wrote in a Monday morning blog post. The post lays to rest a mystery that has […]

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Saudi Fund in Talks to Invest in Tesla Buyout Deal, Report Says
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Saudi Arabia’s sovereign wealth fund is in talks that could see it becoming a significant investor in Tesla as part of Elon Musk’s plan to take the electric car maker private, Bloomberg reported Sunday, citing a person with direct knowledge of the fund’s plans. From the report: The Public Investment Fund, which has built up […]

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Employee email explains Elon Musk’s plan to take Tesla private
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Enlarge / Elon Musk in 2015. (credit: Lee Hutchinson) Tesla CEO Elon Musk has sent out an email to employees explaining his plan—first disclosed in a cryptic tweet—to turn Tesla into a privately held company. “As a public company, we are subject to wild swings in our stock price that can be a major distraction […]

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Tesla posts bigger-than-expected loss, bigger-than-expected revenue
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Tesla’s Model 3 page in July 2018. Tesla expects to be “cashflow positive every quarter from here on out, absent paying down a big loan,” said Elon Musk during a Wednesday financial call. The CEO was contrite when he came to the call. He apologized to the analysts the had snapped at on last quarter’s […]

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Tesla whistleblower’s lawyer: my client may have been effectively swatted
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Enlarge / A Tesla Motor Inc. Modelcle is displayed outside the company’s Gigafactory in Sparks, Nevada, U.S., on Tuesday, July 26, 2016. (credit: Troy Harvey/Bloomberg via Getty Images) A lawyer representing Martin Tripp has released a 10-page police report that he says raises new questions concerning a purported June 20 shooting threat to the Tesla […]

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Data breach  exposes trade secrets of carmakers GM, Ford, Tesla, Toyota
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Security researcher UpGuard Cyber Risk disclosed Friday that sensitive documents from more than 100 manufacturing companies, including GM, Fiat Chrysler, Ford, Tesla, Toyota, ThyssenKrupp, and VW were exposed on a publicly accessible server belonging to Level One Robotics. The exposure via Level One Robotics, which provides industrial automation services, came through rsync, a common file transfer protocol […]

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Tesla whistleblower tells SEC of alleged wrongdoing at Gigafactory
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Enlarge / Tesla’s new Model 3 car on display is seen on Friday, January 26, 2018, at the Tesla store in Washington, DC. (credit: Getty Images) Martin Tripp, the ex-Tesla technician who has been sued by his former employer, has now filed a formal whistleblower tip to the Securities and Exchange Commission. Tripp’s lawyer, Stuart […]

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