Tag: Tesla Motors Inc

Elon Musk Announces Tesla Factory for Berlin

BERLIN — Elon Musk announced on Tuesday night that Tesla, the electric carmaker, would open a new plant close to the German capital that would make batteries, powertrains and vehicles, starting with the company’s newest model, a compact sport utility vehicle called the Model Y. Mr. Musk, made the announcement on a Berlin stage after […]

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Elon Musk Bids Twitter Farewell — for Now

Elon Musk, who was once fined $20 million by securities regulators for a single tweet about taking Tesla private, is taking a break from Twitter. The billionaire co-founder and chief executive of the electric car company announced Friday to his 29 million Twitter followers that he was “going offline.” An hour earlier, Mr. Musk, 48, […]

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Tesla Reports Profit for Quarter, Sending Shares Soaring

Tesla surprised Wall Street on Wednesday by reporting $143 million in net income in the third quarter as cost reductions more than offset a slight decline in revenue. The electric-car maker said it had earnings of $1.86 per share on an adjusted basis. Revenue was $6.3 billion in the quarter. Analysts had expected a loss […]

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A Police Tesla Nearly Ran Out of Power During a Chase. It Wasn’t the Car’s Fault.

A California police officer driving a Tesla Model S during a high-speed chase on a Bay Area freeway radioed to his colleagues that he was running low on battery. He needed someone else to take over. “I am down to six miles of battery on the Tesla, so I may lose it here in a […]

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Cadillac’s Last Stand? Storied Brand Aims (Again) for Revival

DETROIT — Few American brand names have ever achieved the stature of Cadillac, which was once so closely identified with excellence and status that it became shorthand for anything that was top of the line. And few brands have fallen as far. Cadillac rose to prominence a century ago as the pinnacle in General Motors’ […]

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Walmart Says Tesla Solar Panels Set Fires Atop Stores

A series of rooftop blazes at Walmart stores in recent years left the retail giant with a pressing question: What was causing all the fires? In a lawsuit filed in New York State Supreme Court on Tuesday, Walmart proposed an explanation. “The answer was obvious and startling,” the complaint said. “The stores all had Tesla […]

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The Day Jeffrey Epstein Told Me He Had Dirt on Powerful People

Almost exactly a year ago, on Aug. 16, 2018, I visited Jeffrey Epstein at his cavernous Manhattan mansion. The overriding impression I took away from our roughly 90-minute conversation was that Mr. Epstein knew an astonishing number of rich, famous and powerful people, and had photos to prove it. He also claimed to know a […]

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Tesla Says Deliveries in Quarter Set a Record

Tesla delivered a record number of vehicles in the most recent quarter, the company said Tuesday. The electric-car maker said it delivered 95,200 autos, bettering the mark it had set in last year’s final quarter. Tesla’s chief executive, Elon Musk, said in an email to employees last week that the company would deliver 90,000 to […]

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L.A. to Vegas and Back by Electric Car: 8 Hours Driving; 5 More Plugged In

LOS ANGELES — You’ve heard it many times, from automakers, the energy industry and government officials: Electric vehicles are the cars of the future, essential to the fight against climate change. Yet that grand vision may founder on something most drivers take for granted: the pit stop. Most electric cars need to be plugged in […]

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Tesla, Facing Setbacks and Skeptics, Tries to Get Back on Course

Tesla’s Model 3 electric sedan was heralded this year by Consumer Reports as the most satisfying car on the market. Then owners started to complain that cars had arrived with cracked windows, leaks or unreliable video screens. In some places, Tesla turned to outside body shops to repair scratches and other paint defects before cars […]

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Can Tesla Ever Be More Than a Niche Automaker? Wall St. Increasingly Thinks No

Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them.__________ Few companies have created such strong and divergent opinions across Wall Street as Tesla. To the company’s biggest boosters, Tesla’s chief executive, Elon Musk, is a new Steve Jobs — out to revolutionize transportation and […]

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