Tesla News Updates

BusinessTechnologyLogistics

Tesla Quarterly Sales Announcement Could Come With a Surprise

Tesla Inc. will announce this week how many cars it built and sold for the quarter. It鈥檚 always a day of suspense for investors, especially after a tumultuous 2018 in which production tripled while managing to fall short of dramatic targets set by Tesla CEO Elon Musk. This time around, there could be another surprise.

April 1, 2019
BusinessTechnologyLogistics

Tesla鈥檚 Model 3 Shatters Record in Electric Car-Crazy Norway

Just weeks after Tesla Inc. started rolling out its Model 3 in Europe, the electric-car manufacturer has beaten the monthly sales record in its key Norwegian market by a wide margin.

March 26, 2019
BusinessTechnology

Soft Demand Expected for Tesla Model 3 Until Price Drops

Demand for Tesla Inc.鈥檚 Model 3 sedan is expected to remain soft in the United States until the release of the lower-priced $35,000 model next quarter, Cowen analyst Jeffrey Osborne said.

March 22, 2019
GovernmentBusinessSafety

Tesla Factory Injuries Idled Workers Three Times as Much in 2018

Tesla Inc. factory employees spent almost three times as many days off the job because of work-related injuries and illness in 2018 as the year before, an indication of just how much strain they were under as they manufactured electric cars at scale for the first time.

March 19, 2019
BusinessTechnologyEquipment

Tesla Unveils Model Y Crossover, but Delivery Time Reignites Cash Concerns

The Model Y crossover that Elon Musk debuted late March 14 in Hawthorne, Calif., will start being delivered to customers in the fall of next year, later than some analysts anticipated. The company immediately began taking $2,500 pre-orders, a bigger ask than the $1,000 it has charged to reserve a Model 3 sedan.

March 15, 2019
BusinessTechnology

Sizable Shipment of Tesla Model 3s Set for Norway

Tesla Inc. is set to make one of the largest deliveries yet of its new Model 3 car to Norway, one of the electric vehicle producer鈥檚 biggest markets.

March 13, 2019
BusinessTechnologyLogistics

Tesla to Raise Prices, Close Fewer Stores Than Announced

Tesla Inc. plans to raise average vehicle prices by about 3% globally after it decided to shut down fewer stores than it previously announced.

March 11, 2019
BusinessTechnologyLogistics

Financing Deals Put Tesla Closer to Making Model 3s in China

Tesla Inc. secured as much as $521 million in loans from Chinese banks to build a vehicle and battery factory in the country, putting the carmaker a step closer to producing Model 3 sedans at its first overseas plant.

March 8, 2019
GovernmentBusinessTechnologyLogistics

Tesla Probably Can鈥檛 Make Money in China, Morgan Stanley Says

Investors should keep their expectations about Tesla Inc.鈥檚 ability to operate profitably in China 鈥渧ery low,鈥 Morgan Stanley analyst Adam Jonas wrote in a note, adding that he鈥檚 cautious about the country鈥檚 role in the carmaker鈥檚 long-term strategy and fundamental value.

March 6, 2019