A surge in production and sales of the Model 3 sedan helped lift the company’s performance.
A surge in sales of the Model 3 helped lift the company’s performance, but big financial and production challenges remain.
The improvement is welcome news for a company that has been rocked by upheaval since Elon Musk, its chief executive, unveiled an abortive buyout plan.
The improvement is welcome news for a company that has been rocked by upheaval since Elon Musk, its chief executive, unveiled an abortive buyout plan.
The improvement is welcome news for a company that has been rocked by upheaval since Elon Musk, its chief executive, unveiled an abortive buyout plan.
Groups of new vehicles are being detected in unexplained locations across the country. Evidence being posted online has raised questions about production, logistics, quality and even demand.
Elon Musk says short-sellers are conspiring to bring his company down. Some seasoned investors say it’s just a matter of fundamentals.
Elon Musk says short-sellers are conspiring to bring his company down. Some seasoned investors say it’s just a matter of fundamentals.
Tesla’s chief executive announced that the electric car company would remain public, despite tweeting earlier this month that he was considering taking it private.
The chief executive cited stock-market pressures as having an adverse effect. The announcement followed a report that a Saudi fund had taken a stake.
Tesla’s chief executive suggested that being a public company, beholden to shareholders, created perverse incentives for people to try to harm what they were trying to achieve.
The automaker wants to reopen pricing agreements with some suppliers for work already underway. It called the practice routine, but its shares fell.
The wholly owned operation, based in Shanghai, would be the first overseas factory for the automaker’s electric vehicles.
The wholly owned operation, based in Shanghai, would be the first overseas factory for the automaker’s electric vehicles.
The automaker said it turned out 5,000 of the mass-market sedans last week, a threshold it has said is crucial to reaching profitability.
Tesla’s stock price rose after the automaker said it turned out 5,000 of the mass-market sedans last week, a threshold it has said is crucial to reaching profitability.
Scrambling to turn out its first mass-market electric car, the automaker set up multiple assembly lines and is changing production processes on the fly.
Scrambling to turn out its first mass-market electric car, the automaker set up multiple assembly lines and is changing production processes on the fly.
In an email to workers, he said the operation was “quite extensive and damaging” at a time when the automaker was scrambling to ramp up production.
By renovating a symbol of the city’s decline, the company hopes to create a magnet for the talent needed to prevail in the next automotive era.