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Tag: Tesla


Industry Focus Areas, Motorized Vehicle, Regulations

Tesla lawyer leaves following SEC settlement

November 13, 2018

Via: Automotive News

SAN FRANCISCO — An experienced securities lawyer has left Tesla Inc. just as the company needs one under its fraud settlement with U.S. regulators. Phil Rothenberg, a vice president in Tesla’s legal department, became general counsel at Sonder, a hospitality […]


Regulations

SEC subpoenas Tesla on Model 3 production estimates

November 2, 2018

Via: Reuters

Tesla has repeatedly missed its own production deadlines for the crucial Model 3 sedan, and is being investigated by multiple government agencies for misleading investors about its business. The company said in a filing that no government agency in ongoing […]


Logistics, Process

Panasonic profit weighed by Tesla costs, but in talks for further investment

October 31, 2018

Via: Reuters

Business with Tesla has yet to contribute to profit. Yet Panasonic said it was in talks to add to its $1.6 billion investment and take capacity at the so-called Gigafactory over the 35 Gigawatt hours (GWh) it is set to […]


Industry Focus Areas, Motorized Vehicle

Tesla may post profit with Model 3 surge, but is it repeatable?

October 24, 2018

Via: Reuters

Since May, Musk has pledged to post quarterly profits in the second half of this year as it gained traction with production, and deliveries, of its new Model 3 sedan. The results end a turbulent quarter in which U.S. security […]


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 […]