While Musk’s last Tuesday’s tweets must have given a series of palpitations to those who were betting against Tesla’s stock, while many investors believed it to be a prank which is in line with the Tesla brand, SEC lawyers aren’t amused since these could potentially trigger non-compliance of disclosures. Elon Musk’s proposal to take Tesla…
While the automotive industry typically takes years of planning to place its assembly lines, Tesla accomplished the task in 2 weeks. According to an employee from Tesla Inc, the carmaker’s CEO Elon Musk, is doing all he can, even if it is disrupting the production of the Model S and X, in his drive…
Despite facing manufacturing hell, Elon Musk, Tesla’s CEO, stated he is confident that the company will be able to meet and surmount challenges in the production of the Model 3 and that the company will be profitable in either the third or the fourth quarter of this year. In a significant development that will have…
Tesla stated that its Chief Executive’s pay, including salary, cash bonuses is tied to the firm’s operational milestones. On Tuesday, Tesla Inc stated that the renumeration of its CEO, Elon Musk will be paid if the firm and its shareholders do extraordinarily well. Musk’s compensation will be based on a combination of market capitalization and…
While Elon Musk has traditionally managed to win over investors with his visions, winning over analysts promises to be a lot harder. Here’s why. In an interesting tun of events, Tesla Inc upstaged the debut of its own electric heavy duty truck by showcasing a brand new $200,000 red roaster sports car which Elon Musk,…
The project will compete with SpaceX and Blue Origin to launch small satellites into orbit. The market for reusable launch vehicles just got hotter. The U.S. Defense Advanced Research Projects Agency (DARPA) has stated it will be investing up to $146 million in an alliance with Boeing in order to build an experimental spaceplane that…
Although more chic, these are 10%-15% cheaper than the cost of installing a 1700 sq ft rooftop along with traditional solar panels. Tesla Inc has reported that it has begun taking order for its solar roof tiles, a cornerstone of Elon Musk’s strategy of a green, fossil-fuel free lifestyle. Tesla said these solar roof tiles…
With Elon Musk focused on ramping up production for the Model 3, he has now to deal with the prospects of increased wages at Tesla Grohmann Automation. According to source familiar with the matter at hand, Klaus Grohmann was ejected from Tesla over a clash of strategy with Tesla’s Chief Executive, Elon Musk on Grohmann,…
Elon Musk’s space startup is set to make history this Thursday. Elon Musk’s SpaceX is days away from creating history: the private company has once again conducted a static test fire of its first rocket that it landed on an ocean platform since on March 30, it will be the first time in the company’s history…
It could significantly reduce charging time through “flash-charging”. Although Tesla’s Superchargers are way faster than most public EV stations, they are however still slower than what most consumers hope for: they take 40 minutes to give you an 80% charge so you can’t really grab and go as you would in a regular gas station.…
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