Apple Continues to Stockpile Former Tesla Engineers
Apple Inc. has hired Steve MacManus, at least the third Tesla Inc. engineering executive to join the Cupertino, Calif.-based technology giant in the past year.
Tesla Readies Production Boost, Hints of Return to Hiring Mode
Tesla Inc. is poised to increase production at its California car plant and is back in hiring mode, according to an internal e-mail sent days after the company wrapped up a record quarter of deliveries.
Tesla Shares Surge as Model 3 Paces Record Quarter of Deliveries
Tesla Inc. soared in late trading after the electric-car maker set a record for quarterly vehicle deliveries, helped by U.S. consumers rushing to buy Model 3 sedans before a federal tax credit shrank in half.
Tesla Loses More Executives in Midst of Musk’s Deliveries Push
Tesla Inc. executive departures are apparently picking up speed again, with reports saying the electric car maker has lost its head of Europe and a top engineering manager.
Sunshine State Now Autonomous Car State Too
The future of Florida’s highways seems to be hands-free after Gov. Ron DeSantis signed the Autonomous Vehicles bill that took effect July 1. It removes what the state calls “unnecessary obstacles that hinder the development of autonomous vehicle technology and solidifies Florida’s position as a leading state for transportation innovation.”
Musk Seeking Tesla Deliveries Record Could Be a Double-Edged Sword
Analysts’ fear is that even if Tesla does show marked improvement in deliveries this quarter, Musk will achieve this at the expense of profitability. And with a shrinking U.S. tax credit posing a threat to demand in the second half of the year, Tesla’s efforts to hand over more Model 3s overseas could further compromise earnings because of relatively higher shipping expenses.
Tesla Must Go ‘All Out’ to Set Deliveries Record, CEO Elon Musk Says
Tesla Inc. could be on the verge of a quarterly record for vehicle deliveries, though the electric carmaker will need to go “all out” in the last few days of the month, CEO Elon Musk wrote in an internal memo.
Car-Parts Plant for Ford, Tesla Resuming Work After Brief Strike
Workers at a major auto parts plant in Michigan are poised to return to work after a brief strike June 21, alleviating the threat of a supply disruption for carmakers Ford Motor Co., Tesla Inc. and Fiat Chrysler Automobiles NV.
Tesla Analysts Warn on Demand, Profits as Quarter Nears End
The concerns around the demand for Tesla Inc.’s cars are resurfacing as the second quarter nears a close, with Goldman Sachs analyst David Tamberrino saying volume estimates for the second half of the year and beyond appear to be high, considering there are now fewer “levers to pull to stoke demand going forward.”
Tesla Downplays Defense Company’s Hack Into Model 3 GPS System
An autonomous systems defense company contends it has successfully spoofed the GPS mechanism of a Tesla Model 3 using the automaker’s latest Autopilot technology, sending the vehicle off its intended route.