Tesla Inc offered pay increases and job guarantees to pacify labor stress at a key German provider, whose founder and chief executive left company last month, German labor officials stated. Klaus Grohmann, former head of Grohmann Engineering, a maker of automated production systems, has left the company, Tesla and German trade union IG Metall informed
Tesla Inc CEO Elon Musk took numerous risks with the technology in his company’s automobiles en route to going beyond Ford Motor’s market price. Now Musk is pushing borders in the factory that makes them. The majority of automakers test a new design’s production line by developing vehicles with fairly low-cost, model tools designed to
Tesla is dropping the base cost for most of its Model S and Model X automobiles ahead of the entry-level Model 3’s unveiling in July. The base 75 and 75D versions have observed price decreases of $5,000 and $3,000 for Model S and X respectively, while the 90D’s cost drops by $2,000 for both vehicles.
A dangerous material spill at Tesla’s Gigafactory battery plant in Nevada on Monday was being examined by emergency workers however there were no major injuries, the company informed. Tesla representative Dave Arnold said a drum of “standard construction cleaning solvent” was spilled at a loading dock and a small location of the structure was evacuated.
We are aware about details of Tesla’s vehicle model range. The company’s CEO, Elon Musk, wrote on Twitter Thursday to announce that its upcoming semi-truck will be unveiled in September and relative dates for other future Tesla vehicles. “Tesla Semi truck unveil set for September,” stated Musk. “Team has done an incredible job. Seriously next
A group of Tesla investors has prompted the automaker to add 2 new independent directors to its board, without ties to CEO Elon Musk, to give a “critical check on possible dysfunctional group dynamics.” Musk took to to Twitter on Wednesday to recommend the investors buy stock in Ford Motor instead. The Ford family controls
It’s the first time in the modern era, that the most valuable U.S. automaker is not based in Detroit. Silicon Valley’s Tesla Inc surpassed General Motors on Monday to become the United States automaker with the largest market capitalization as the century-old car industry increases its dependence on software and advanced energy technology. Assisted by
Following months of radio silence, the production Tesla Model 3 seems to be taking shape. An apparently production-spec Model 3 was spied out for testing publicly with a BMW 3 Series before its market availability next year. Not a surprises here the Model 3 looks right on par with the design previewed by the Model
Market capitalization of Tesla Inc passed that of Ford Motor on Monday, still trails General Motors as the most valuable U.S. car company in mid-day trade on Tuesday. Tesla traded at $301.74 at mid-day and had a market capitalization of $49.1 billion, as per Thomson Reuters, compared with $51.1 billion for General Motors. Tesla on
In a record quarter, Tesla delivered simply more than 25,000 cars in the first 3 months of the year. The electric automaker stated that was a 70% increase on the exact same period of 2016. It is a rebound for the United States company after production issues in 2016 resulted in a 9% drop in
New Autopilot features arrived this week with the release of Tesla version 8.1 software. Features consist of: * High-speed Autosteer * Lane Departure Warning * Summon your car remotely * Parallel Autopark * Auto Lane Change Opting for a test drive at your Tesla store to experience these thrilling Autopilot features, as well as the
China’s Tencent Holdings Ltd has purchased a 5 percent stake in U.S. automaker Tesla for $1.78 billion, the most recent investment by a Chinese internet business in the potentially lucrative market for self-driving vehicles and associated services. Tencent’s investment, shown in a U.S. regulatory filing, offers Tesla with a deep-pocketed ally as it prepares to
Tesla CEO Elon Musk described on Twitter Friday that the upcoming Model 3 is not meant to be a next-generation Tesla, however rather, will successfully be a less expensive, less high-tech version of its flagship Model S sedan. Musk obviously saw there was confusion concerning how the Model 3 would slot into Tesla’s vehicle lineup,
Tesla Inc will begin taking orders for its solar roof tiles this year in April, CEO Elon Musk stated in a Tweet on Friday. The solar-powered roof shingles were revealed in October last year to inform the advantages of combining his electric vehicle maker with solar installer SolarCity Corp. @HolsMichael Start taking orders in April