Tesla board reportedly seeking No. 2 executive to assist Elon Musk

Elon Musk at Tesla Model 3 revealOn Thursday, The New York Times published an interview with Tesla CEO Elon Musk that revealed that the company's board may looking for a new operational leader for the company. In the wide-ranging interview, Musk acknowledged that his tweet last week about having "funding secured" to take Tesla private was not cleared by anyone else, including...

Tesla privatization bid, quality control face increasing scrutiny

Tesla factory, Fremont, CaliforniaTesla CEO Elon Musk is facing mounting pressure from regulators and critics since his tweet last week to take the company private and the fallout that has followed. The Wall Street Journal reported Wednesday (subscription required) that Tesla's board has received subpoenas from the Securities and Exchange Commission regarding Musk's Tweet about...

Tesla sues saboteur who claims he is a whistleblower

Tesla Gigafactory in Sparks, Nevada [CREDIT - YouTube user California Phantom]On Thursday, Tesla sued former employee Martin Tripp for stealing trade secrets and transferring several gigabytes of data to third parties, including pictures of the company's battery assembly line at the Gigafactory in Nevada, where he worked. The details of the suit point to a testy, high-pressure work environment, where workers put in long...

Elon Musk announces Tesla Model 3 AWD, performance Model 3 specs

2018 Tesla Model 3It wasn't quite a message in a bottle, but Tesla boss Elon Musk tweeted Saturday night some specifications and a ballpark price for his company's long-awaited all-wheel-drive and performance versions of the Model 3. The all-wheel-drive Model 3 will add $5,000 to the base Model 3's price and offer the same 310-mile range as the Long Range Battery...

Tesla Model 3 production crossed 2,000 last week; is it sustainable?

2017 Tesla Model 3 Tesla reported Tuesday that it built 34,494 electric cars in the first quarter of 2018, by far its largest quarterly production total ever. But all eyes were on one number: the production of Model 3 sedans, which was 9,766 vehicles out of that total. Of the rest, 11,730 were Model S hatchback sedans and 10,070 were Model X crossover utility...

Tesla Model 3 variants delayed; will some buyers lose $7,500 tax credit?

2017 Tesla Model 3 "Overall, I think, while there were challenges associated with Model 3 ramp, we were in a deeper level of hell than we expected, so a few levels deeper than we'd like to be, but swiftly exiting, I think." Those chastened but seemingly optimistic words came from the CEO of Tesla, Elon Musk, during a conference call discussing the company's...

Tesla Semi, new Roadster distract from Model 3 production problems

Tesla SemiNever let it be said that Tesla CEO Elon Musk and his event producers are not masters of showmanship. Last night's launch of the Tesla Semi heavy-duty commercial truck tractor came with a surprise: a new Tesla Roadster emerged from the back of the trailer. The wow factor was ... high. DON'T MISS: Tesla Semi: 500-mile range, lower running costs...

Odds for auto startups are incredibly high; can Tesla beat them?

Tesla Motors, Palo Alto, CaliforniaMuch of the energy and growth in the U.S. economy comes not from large corporations but from small startup companies, as economic data shows. By now, the model of a young, energetic entrepreneur with a bright idea who turns it into a world-changing business is well established. Think Facebook or Google, or before them Microsoft or IBM or Kodak, or...