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Tag: Tesla


Regulations

Elon Musk, Tesla settlement with SEC over tweets approved by U.S. judge

October 16, 2018

Via: Automotive News

NEW YORK — A federal judge approved a $40 million settlement by Tesla Inc. and Chief Executive Elon Musk with the U.S. Securities and Exchange Commission, resolving government claims that Musk misled the public with a flurry of tweets about […]


Industry Focus Areas, Motorized Vehicle

Tesla worried by China even as deliveries surge

October 2, 2018

Via: Reuters

The California-based electric carmaker, emerging from several months of turmoil around its Chief Executive Elon Musk, confirmed numbers leaked to an industry news site on Monday that showed it produced roughly 80,000 cars in the third quarter. Deliveries reached a […]


Industry Focus Areas, Motorized Vehicle

Tesla shares jump on Model 3 numbers, Musk settlement

October 1, 2018

Via: Reuters

Tesla shares sank last week after the U.S. Securities and Exchange Commission accused Musk of securities fraud, opening up the prospect of a long-drawn out fight that could have seen Tesla lose its leader, undermine its ability to raise capital […]


Industry Focus Areas, Logistics, Motorized Vehicle, Process

SEC lawsuit sends Tesla shares tumbling

September 28, 2018

Via: Reuters

(Reuters) – Shares of Tesla Inc (TSLA.O) dived 11 percent in early trading on Friday after U.S. regulators accused Chief Executive Elon Musk of fraud and sought to remove him from his role in charge of the electric car company. […]


Process, Production

Musk says Tesla to drop some color options for cars to simplify production

September 11, 2018

Via: Reuters

Tesla currently offers seven colors for its vehicles that include top variant Model S, mid level Model X and its most affordable sedan Model 3. The company is trying to iron out production bumps after struggling to produce Model 3 […]


Industry Focus Areas, Motorized Vehicle

Elon Musk’s lofty Tesla goals made this supplier recoil at risk

September 6, 2018

Via: Automotive News

MEXICO CITY — A little more than two years ago, Elon Musk and other Tesla Inc. executives met with a Mexican auto-parts supplier to discuss an opportunity some companies would kill for. For some time, Tesla had been evaluating Nemak […]


Industry Focus Areas, Motorized Vehicle

Mercedes announces first fully electric car to compete with Tesla

September 5, 2018

Via: Manufacturing Global

The Daimler-owned company, Mercedes, has announced its first fully electric car, the EQC, Reuters reports. At an event in Stockholm, Mercedes showcased its SUV with its 450 kilometers range, which possesses full-width rear light and clean-cut interiors which the company […]


Industry Focus Areas, Logistics, Motorized Vehicle, Process

Tesla’s German shares fall after CEO Musk drops plan to take company private

August 27, 2018

Via: Reuters

LONDON (Reuters) – Germany-listed shares in Tesla TSLA.TG fell more than 3 percent in early deals on the Tradegate exchange on Monday, after Chief Executive Elon Musk called off his bid to take the company private. Musk said late on […]


Industry Focus Areas, Motorized Vehicle

Fire at Tesla’s Calif. facility leaves car plant undamaged

August 24, 2018

Via: Automotive News

A fire broke out on the premises of Tesla’s manufacturing complex in Fremont, Calif. on Thursday, causing no injuries or damage to the factory before it was extinguished. A pile of cardboard that was being prepared for recycling along the […]


Logistics, Process

Tesla nears three-month low as JPMorgan adds to deal doubts

August 20, 2018

Via: Reuters

(Reuters) – Tesla Inc (TSLA.O) shares fell nearly 4 percent on Monday as a $113 cut in JPMorgan Chase’s (JPM.N) price target for the electric carmaker added to growing doubts among market players about a plan to take the company […]