Dana Hull

Business, Technology, Logistics

Musk Blindsided Tesla Staff With Store Wind Down, Sources Say

Tesla Patrick T. Fallon/Bloomberg News

Tesla Inc. CEO Elon Musk caught many employees by surprise with his announcement last week that the electric-car maker would close most stores and shift to online-only sales, according to three people familiar with the matter.

Dana Hull | Bloomberg News
March 5, 2019
Business, Technology, Logistics

Tesla’s Elon Musk Touts Model Y Event as Questions About Company Linger

Tesla Stefan Wermuth/Bloomberg News

Elon Musk said March 3 that Tesla will unveil its Model Y crossover in less than two weeks, as questions about store closures, employee layoffs and demand in the wake of waning U.S. federal tax credits threaten the company’s growth narrative.

Dana Hull | Bloomberg News
March 4, 2019
Government, Business, Technology, Logistics

Tesla Racing to Get Model 3s to China Before Potential Tariff Hike

Tesla Thousands of Teslas are getting loaded on ships heading to China. (David Paul Morris/Bloomberg News)

Tesla Inc. is loading as many Model 3 sedans as it can onto vessels destined for the People’s Republic ahead of March 1, when a trade-war truce between presidents Donald Trump and Xi Jinping is scheduled to expire.

Dana Hull | Bloomberg News
February 13, 2019
Business, Technology

Tesla Cuts Model 3 Price for Second Time This Year

Tesla model 3 sedan Tesla Model 3 Sedan (Patrick T. Fallon/Bloomberg News)

Tesla Inc. is cutting the price of its Model 3 sedan for the second time this year, citing the end of a customer-referral program that was a more costly incentive than the company realized.

Dana Hull | Bloomberg News
February 6, 2019
Business, Technology

Tesla CFO Steps Down for Second Time

Tesla's Elon Musk Elon Musk by Robyn Beck/Pool via Bloomberg News

Tesla CEO Elon Musk revealed Chief Financial Officer Deepak Ahuja will retire a second time, reinforcing Tesla’s reputation for having an active revolving door of top executives.

Dana Hull | Bloomberg News
January 31, 2019
Government, Business, Technology, Autonomous

Tesla Sinks After Cutting Model 3 Price as Deliveries Disappoint

Tesla Alex Kraus/Bloomberg News

Tesla Inc. plunged in early trading Jan. 2 after delivering fewer Model 3 sedans than analysts expected in the fourth quarter and cutting prices to partially make up for the federal tax credit that’s been halved in the U.S.

Dana Hull | Bloomberg News
January 2, 2019
Business, Technology

Tesla Adds Larry Ellison, Kathleen Wilson-Thompson to Board in SEC Deal

Ellison Larry Ellison (David Paul Morris/Bloomberg News)

Tesla Inc. added Larry Ellison and Kathleen Wilson-Thompson to its board, fulfilling the terms of the settlement reached with U.S. securities regulators over its CEO’s problematic posts about taking the company private.

Dana Hull | Bloomberg News
December 28, 2018
Business, Technology, Logistics

Tesla Has Bought Trucking Companies to Boost Deliveries, Elon Musk Says

Tesla cars on trailer Patrick T. Fallon/Bloomberg News

Elon Musk apparently is charting his way out of what he’s referred to as “delivery logistics hell” by making acquisitions and lining up contracts with trucking haulers.

Dana Hull | Bloomberg News
November 15, 2018
Business, Technology, Equipment, Autonomous

Tesla Fills Elon Musk’s Chairman Role With Board Member Robyn Denholm

Robyn Denholm Denholm, 55, will assume the chairman’s role immediately. She replaces Elon Musk, who exits as chairman as part of a deal with the U.S. Securities and Exchange Commission. (Tesla Inc.)

Tesla Inc. appointed a director who’s been on its board for years to replace Elon Musk as chairman, stirring suspicion as to whether the mercurial CEO will be restrained after costly run-ins with securities regulators.

Dana Hull | Bloomberg News
November 8, 2018
Business, Technology, Autonomous

Tesla Profit Blowout Reverses Much of Elon Musk’s Damage to Stock

Tesla sedan at a dealership Patrick T. Fallon/Bloomberg News

Tesla Inc. blew away expectations with just the third quarter of positive earnings in its history, bolstering Elon Musk’s bid to make selling electric cars a financially sustainable business.

Dana Hull | Bloomberg News
October 25, 2018