Some serious cost cutting appears to be underway at Tesla. Days after the company’s CEO Elon Musk confirmed that the customer referral program was ending, he announced that the company is firing 7 percent of its entire workforce. Musk announced in a company-wide email that seven percent of Tesla’s full-time employee headcount is being reduced. […]
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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 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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Tesla has been running a referral program for quite some time now. When owners give their friends a referral code and they purchase a vehicle, the company gives them six months of free access to Tesla’s Supercharger network. Tesla CEO Elon Musk has confirmed via Twitter today that the company will be ending its referral […]
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Tesla has launched a new Wall Connector charger for its electric vehicles that’s portable which means you can take it with you. It’s non-hardwired and has a NEMA 14-50 plug for charging EVs. Tesla says that this home charger can power up a Model S, Model X or Model 3 25 percent faster than its […]
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Pwn2Own is a serious hacking competition that takes place every year. Security researchers from across the globe compete to crack browsers, enterprise applications, virtualization software, server-side software, and now automobiles in exchange for rewards. Tesla has entered the Model 3 into the contest to ensure that it remains safe from a cybersecurity point of view. […]
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Sitting in a press Q&A with Jensen Huang, the CEO of Nvidia, is like listening to a comedy routine. I appreciate that because so few tech CEOs are willing to engage in a dialogue and crack jokes with the media. Huang’s sessions are unique because he’s one of those billionaires who doesn’t muzzle himself in […]
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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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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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Tesla CEO Elon Musk announced back in November last year that the company was working on an advanced version of its Summon feature. The feature will allow the car to drive to the owner’s phone location and follow them “like a pet” if they hold down the Summon button in the Tesla app. He has […]
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If you’re looking to buy a new Model S or Model X from Tesla, your cost just went up. CEO Elon Musk has confirmed that the company is ditching the 75kWh battery pack for both vehicles. This means that the base price for the cars has just gone up significantly. Tesla uses this battery pack […]
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During my wayward youth in the Aughts/early this decade, a friend of mine decided it would be funny if he got me involved in a weird little bar game called “icing.” The idea of this game was to order your friend a Smirnoff Ice surreptitiously and/or hide it somewhere, and when he received the drink […]
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The calendar reads 2019, meaning new Tesla customers can’t hope to wrangle more than $3,750 in EV tax credits from the feds — a figure that’s half as much as the incentive enjoyed by buyers up until New Year’s Eve. Of course, you may find yourself living in a state that’s happy to hand out […]
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The problem with electric cars is that the chargers required to charge them aren’t quite as ubiquitous compared to a gas station. This might be made worse in more rural areas where there is a lower chance of a charging station being available. However Elon Musk is hoping that he will be able to solve […]
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A little over a month ago, we ran the results of our best/worst cars of 2018 poll. At the end of each post, I reflected a bit on the results, but I wanted to dig a bit deeper. While I had hoped to do this a bit sooner, other work got in the way. So […]
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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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The Supercharger network is key to enabling Tesla owners to take substantial road trips with their electric cars. That’s what enables owners to drive from coast to coast in the United States. The company is working to further expand the network’s coverage in Europe. Tesla CEO Elon Musk has said that Europe will get 100 […]
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It’s that special holiday time of year again. For a few short weeks, people go out of their way to be nice to others, and to wish one another the best in the upcoming new year. While the niceness still abounds, we want to know which car manufacturer receives your well-wishes for the future. It’s […]
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The $7,500 federal tax credit for purchasing an electric vehicle from Tesla will be halved on January 1st, 2019. Those who do not receive their vehicle before the year ends despite being told by Tesla that they will need not worry. Company CEO Elon Musk has confirmed that Tesla will cover the tax credit difference […]
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Having rung the bell on 200,000 electric vehicle deliveries in the U.S., Tesla will enter 2019 without the ability to offer a full $7,500 federal tax credit to would-be buyers. While not nearly as attractive an incentive as the same amount applied to a lower-priced EV, it’s still free public dollars. And it’s better than […]
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