Tesla Inc. plans to raise average vehicle prices by about 3% globally after it decided to shut down fewer stores than it previously announced.
March 11, 2019Tesla News Updates
Tesla to Raise Prices, Close Fewer Stores Than Announced
First Responders Work With Developers to 鈥楾each鈥 Self-Driving Cars to Pull Over
Financing Deals Put Tesla Closer to Making Model 3s in China
Tesla Inc. secured as much as $521 million in loans from Chinese banks to build a vehicle and battery factory in the country, putting the carmaker a step closer to producing Model 3 sedans at its first overseas plant.
March 8, 2019Tesla Probably Can鈥檛 Make Money in China, Morgan Stanley Says
Investors should keep their expectations about Tesla Inc.鈥檚 ability to operate profitably in China 鈥渧ery low,鈥 Morgan Stanley analyst Adam Jonas wrote in a note, adding that he鈥檚 cautious about the country鈥檚 role in the carmaker鈥檚 long-term strategy and fundamental value.
March 6, 2019Musk Blindsided Tesla Staff With Store Wind Down, Sources Say
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.
March 5, 2019Tesla鈥檚 Elon Musk Touts Model Y Event as Questions About Company Linger
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鈥檚 growth narrative.
March 4, 2019Tesla Pushes Cheaper Cars, Will Move Sales Online and Close Most Stores
Tesla said Feb. 28 it will close 鈥渕any鈥 of its stores and shift to online-only sales after announcing that its long-awaited $35,000 Model 3 is available for purchase.
March 1, 2019Musk Faces Contempt Claim for Violating Accord With SEC
Elon Musk is facing a new round of regulatory trouble for tweets about Tesla Inc., raising fresh concerns about the chief executive officer鈥檚 ability to keep his impulses in check and responsibly run a public company.
February 26, 2019Tesla鈥檚 Model 3 Dominated Global Electric-Car Market in 2018
Tesla Inc.鈥檚 Model 3 sedan took command of the global electric-car market last year, outselling the nearest competitor by about 50%.
February 25, 2019Tesla Model 3 Loses Consumer Reports Recommendation
Tesla Inc.鈥檚 Model 3 lost a coveted recommendation from Consumer Reports, dropping its brand from the top 10 of the magazine鈥檚 closely watched annual ranking. The electric-car maker鈥檚 shares dropped.
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