Tesla

Elon Musk told Tesla staff Tuesday that the company's high-flying stock could crash if profits didn't continue to grow.  He said shares could fall "like a soufflé under a sledgehammer." Tesla reported its fourth consecutive quarterly profit in October and is expected to report its first annual profit this year.…

By Sasha Lekach2020-12-01 22:33:57 UTC "Space Karen" confirmed he had COVID-19 Tuesday while receiving an award (at a mostly mask-less in-person event) for a lifetime of accomplishments.  Elon Musk, CEO of Tesla and SpaceX, was in Berlin as the recipient for this year's Axel Springer Award from the German publisher.…

Francois Austin leads the Global Energy Practice at Oliver Wyman and is an expert on the Mobility and Climate & Sustainability Platforms with the Oliver Wyman Forum. Austin reflects on how the pandemic and the resultant price drops in oil have impacted the global focus on renewable energy. Because of…

What Einstein said was nearly as scathing as any contemporary critique of religion you might hear from Richard Dawkins, Sam Harris, or Christopher Hitchens.Photograph by spatuletail / ShutterstockNot long ago, I heard an echo of Albert Einstein’s religious views in the words of Elon Musk. Asked, at the close of…

Tesla is finally joining the S&P 500. S&P Dow Jones Indices announced on Monday that the carmaker will be added to the benchmark index prior to trading on Monday, Dec. 21. Based on Monday's closing prices, Tesla would be one of the 10 most valuable companies in the index. Tesla…

Welcome to the $10k club United States. The price of Tesla’s Full Self Driving software upgrade has just been increased by US$2k to now be a 5 figure purchase. The price increase reflects the new functionality of the FSD beta (software version 2020.40.8.11) as shown by a rapidly increasing number…

Photo: Greg Baker, Getty Images Tesla’s issues with faulty production and inconsistent quality extend outside the U.S. market: As first reported by Bloomberg, the automaker is set to recall close to 30,000 of its imported Model S and Model X cars from China, citing problems surrounding the vehicle’s suspension systems.…

Tesla struck a cautious tone during the beta release of Full Self-Driving (FSD) mode this week, warning it "may do the wrong thing at the worst time."Echoing CEO Elon Musk's Twitter post yesterday which said FSD beta rollout would be "extremely slow and cautious," release notes posted online have shown…

“I have to choose my words carefully,” says Joe Castelino of Stevens Creek Volkswagen in San Jose, California, when asked about the management software on which most car dealerships rely for inventory information, marketing, customer relationships and more. Castelino, the dealership’s service director, laughs as he says this. But the…

Tesla has quietly made it less appealing to buy one of its cars used. As Electrek points out, just days ago, Tesla offered a two- to four-year warranty on used Model S and Model X vehicles. However, visit the company’s website today and you’ll see that it instead offers one-year…