Tag: Tesla

May 30, 2019

Reuters reported on May 15 that Panasonic planned to ship most cells from the plant overseas, instead of selling them to Tesla for its trademark Solar Roof as initially intended, because of low demand from Tesla and a trade loophole […]

May 15, 2019

The exporting underscores the depth of Tesla’s troubles in the U.S. solar business, which the electric car maker entered in 2016 with its controversial $2.6 billion purchase of SolarCity. Tesla has only sporadically purchased solar cells produced by its partner […]

May 8, 2019

(Reuters) – Tesla Inc said on Wednesday it closed its $2.7 billion offering of stock and convertible notes and that it was over-subscribed, giving the electric carmaker much needed cash as it ramps up production. Tesla sold about $860 million […]

April 29, 2019

SHANGHAI — Three months after groundbreaking, Tesla Inc. is rushing to complete its multibillion-dollar factory on the outskirts of Shanghai to capitalize on growing demand in the world’s largest electric-car market. Foundations for the plant have been laid, and construction […]

April 25, 2019

Elon Musk’s declarations that Tesla Inc. had entered an era of sustainable profits turned out to be premature, as the electric-car maker began the year with a $494 million loss and rekindled concerns about its cash. Tesla posted an adjusted […]

April 22, 2019

The video, time stamped Sunday evening and widely shared on China’s Twitter-like Weibo, shows the parked EV emit smoke and burst into flames seconds later. A video purportedly of the aftermath showed a line of three cars completely destroyed. Reuters […]

April 4, 2019

Tesla Inc. (IW 500/99) slumped in early trading after reporting a record decline in deliveries during the first quarter, stoking concern demand is slackening for the cheaper Model 3 it introduced less than two years ago. The company delivered 63,000 […]

March 29, 2019

SEOUL — A South Korean supplier of Tesla has agreed to buy a shuttered factory from General Motors’ local unit to start contract manufacturing of electric vehicles, possibly for the U.S. and Europe. The deal comes after GM closed its […]

March 14, 2019

BEIJING (Reuters) – China’s customs authority has lifted its suspension on imports of Tesla’s Model 3, an official in the authority’s news department told Reuters on Thursday. “We can confirm that the warning notice on Tesla has been canceled,” said […]

March 7, 2019

Tesla Inc. sait it plans to update its charging network to halve typical wait times as the Model 3 fleet grows larger and rivals like Porsche ready their own powerful infrastructure. After doubling power at Tesla’s stations and vehicles preheating […]