Tag: Elon Musk

Musk-SEC Battle Rages On; Regulator Claims Tesla CEO’s Twitter Account Is Still the Wild West

<img data-attachment-id="1217129" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2015/11/Elon-Musk-Tesla-Model-S-Circa-2011-e1527713383365.jpg" data-orig-size="610,406" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Elon Musk + Tesla Model S Circa 2011" data-image-description=" Elon Musk + Tesla Model S Circa 2011 ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2015/11/Elon-Musk-Tesla-Model-S-Circa-2011-450×299.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2015/11/Elon-Musk-Tesla-Model-S-Circa-2011-610×406.jpg” class=”aligncenter wp-image-1217129 size-large” src=”https://www.thetruthaboutcars.com/wp-content/uploads/2015/11/Elon-Musk-Tesla-Model-S-Circa-2011-610×406.jpg” alt=”Elon Musk + Tesla Model S Circa 2011″ width=”610″ height=”406″> There’s no shortage of distractions coming out of Tesla to take the focus away […]

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elon musk unveils tesla model Y – the SUV that rides like a sports car

elon musk has unveiled tesla‘s highly-anticipated model Y, describing it as the ‘safest mid-size SUV in the world by far‘. the entrepreneur debuted the vehicle during event at the company’s design studio in hawthorne, california, last night, 14 march 2019.  ‘it has the functionality of an SUV, but it will ride like a sports car,’ musk […]

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Sex, Drugs, and Electric Cars: Report Claims Elon Musk Tried to ‘Destroy’ Whistleblower, Spied on Union Meetings

<img data-attachment-id="1652870" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/12/tesla-1724773_1920-e1544814318794.jpg" data-orig-size="1670,1190" data-comments-opened="1" data-image-meta="{"aperture":"4.5","credit":"","camera":"Canon EOS 5D Mark III","caption":"","created_timestamp":"0","copyright":"","focal_length":"85","iso":"10000","shutter_speed":"0.008","title":"","orientation":"0"}" data-image-title="Tesla charger" data-image-description=" tesla ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/12/tesla-1724773_1920-e1544814318794-450×321.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/12/tesla-1724773_1920-e1544814318794-610×435.jpg” class=”aligncenter size-large wp-image-1652870″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/12/tesla-1724773_1920-e1544814318794-610×435.jpg” alt width=”610″ height=”435″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/12/tesla-1724773_1920-e1544814318794-610×435.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/12/tesla-1724773_1920-e1544814318794-75×53.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/12/tesla-1724773_1920-e1544814318794-450×321.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/12/tesla-1724773_1920-e1544814318794-768×547.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/12/tesla-1724773_1920-e1544814318794-120×86.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> A recent report from Bloomberg frames Tesla CEO Elon Musk as quite the jerk in relation to […]

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Tesla Announced Layoffs to Public Before Telling Employees: Report

On Thursday, Tesla announced it will finally begin delivering the Model 3’s long-awaited base trim to the public through direct online sales. By eliminating storefronts, the automaker believes it can reduce costs — helping to get that pesky profit situation under control. Unfortunately, reports have emerged that claim those employees had no idea their jobs […]

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Tesla to unveil Model Y SUV on March 14

(Reuters) — Tesla will unveil its Model Y on March 14 at an event in LA Design Studio, Chief Executive Elon Musk said on Sunday. “Model Y, being an SUV, is about 10 percent bigger than Model 3, so will cost about 10 percent more & have slightly less range for same battery,” Musk said […]

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With $35k Model 3 Finally Available, Tesla’s Musk Warns of a Financial Rough Patch

Is the long-awaited, stripped-down $35,000 Tesla Model 3 profitable? Company CEO Elon Musk won’t say, brushing off the question during a late Thursday conference call. “Yeah, we’re not going to talk about that. Next question,” said Musk, who last fall warned that releasing the lower-priced car prematurely could sink the company. The nearly three-year wait […]

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Tesla Turns Another Profit As CFO Heads Out the Door

Tesla CEO Elon Musk waded through his company’s entire fourth-quarter earnings call before springing the news that two-time chief financial officer Deepak Ahuja is headed for retirement. It seems likely that Ahuja’s second retirement will be permanent. Ahuja presided over a year Musk called the most challenging in Tesla’s history. Previous statements from the CEO […]

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Tesla Slashes Workforce, Kills Referral Program in Ongoing Search for Cash

The automaker may have worked out production bugs and finally turned a profit late last year, but 2019 is off to a rocky start for Tesla. In an email to employees Friday, CEO Elon Musk said he’ll thin the company’s full-time ranks by 7 percent, warning of a “very difficult” road ahead. The news comes […]

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Tesla will cut 7% of employees while ramping up Model 3 production

Tesla founder Elon Musk today announced that the company will cut 7 percent of full-time employees even as it comes under pressure to dramatically increase production of its Model 3. In a letter to employees, Musk said that despite progress over the past year, Tesla’s cars remain too expensive for many potential customers. “We face […]

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Elon as Rescuer? Not for GM Workers, Barra Says

Shortly after General Motors announced its decision to end assembly work at two car-producing U.S. plants, Tesla CEO Elon Musk floated the possibility of a Silicon Valley rescue of either Detroit-Hamtramck or Lordstown Assembly. Talks between GM and Tesla did occur, it turns out, but GM CEO Mary Barra doesn’t seem to think much of […]

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Carrot & Stick: Days After Cutting Prices, Tesla Chops Base Models

There will be no Ace of Base prizes for the Tesla Model X or Model S in 2019. Just days after promising to cut prices of all its cars by $2,000 in response to the company blowing through its federal tax credits faster than a record producer with a bag of high-test cocaine, the company’s […]

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Grimes And Azaelia Banks Might Get Involved In The Lawsuit Over Elon Musk’s Joke ‘420’ Tweet

Getty Image Last August, Elon Musk made a joke on Twitter, writing, “Am considering taking Tesla private at $420. Funding secured.” 420, of course, is a number that has significance in cannabis culture, and while Musk presumably thought his tweet was just silly and inconsequential, that hasn’t turned out to be true. Musk is being […]

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Tesla Board Gains Two Watchdogs As Musk Seeks a Way Out of His Cave Mess

Tesla’s nine-member board now numbers eleven, with many shareholders hoping that the addition of two independent directors — a key directive of Tesla’s SEC settlement — helps keep a lid on CEO Elon Musk’s stock-rocking shenanigans. Whether or not the two new members can actually do this remains to be seen. Musk continued antagonizing the […]

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