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Alibaba, Foxconn lead $350 million funding in electric car startup
Mon, Jan 29, 2018
Xiaopeng, which debuted its electric car at CES in Las Vegas this month, is one of several Chinese start-ups looking to speed up development of battery-powered technology and compete with global leaders including Tesla Inc.
Plug wars: the battle for electric car supremacy
Wed, Jan 24, 2018
German carmakers hope a network of high-power charging stations they are rolling out with Ford will set an industry standard for plugs and protocols that will give them an edge over electric car rivals.
Tesla pushes back Model 3 production target again, despite progress
Thu, Jan 04, 2018
The Model 3 - which starts at $35,000, or about half the price of its flagship Model S - was met with great enthusiasm when its prototype was first unveiled in early 2016. Tesla said in August it had about 500,000 reservations for the car and demand was not a constraint.
Uber selling failed auto-leasing business to startup
Wed, Dec 27, 2017
Earlier, in September, Uber shut down its money-losing "Xchange Leasing" business and has been seeking a buyer.
Tesla to make pickup truck after Model Y crossover
Wed, Dec 27, 2017
The Model Y, to be built on the same platform as the Model 3 sedan, was tentatively scheduled to begin production in mid-2019, Reuters reported in June.
PepsiCo to use Tesla electric trucks to cut emission
Wed, Dec 13, 2017
PepsiCo has so far made the biggest order of Semi since its debut on November 16, during which Tesla`s chief executive Elon Musk promised the battery-powered truck would hit the road in 2019.
Has Tesla's Model X electric SUV arrived in India?
Fri, Dec 08, 2017
Tesla models are being manufactured at its production facility at Freemont in the United States.
Build fast, fix later: speed hurts quality at Tesla, say some workers
Wed, Nov 29, 2017
The luxury cars regularly require fixes before they can leave the factory, according to the workers. Quality checks have routinely revealed defects in more than 90 percent of Model S and Model X vehicles inspected after assembly, these individuals said, citing figures from Tesla`s internal tracking system as recently as October. Some of these people told Reuters of seeing problems as far back as 2012.
Tesla Truck gets DHL order as shippers test Semi
Wed, Nov 29, 2017
Deutsche Post AG`s DHL and Fortigo Freight Services Inc, one of Canada`s largest fleet management companies, said on Tuesday they had pre-ordered Tesla Inc`s electric truck unveiled earlier this month to test on limited routes.
Tesla's unfettered ambition to strain finances but investors unfazed
Fri, Nov 17, 2017
Chief Executive Elon Musk shocked industry-watchers by launching a $200,000 sports car on Thursday, along with two electric trucks, possibly adding more logistical nightmares even as it wrestles with production issues related to its Model 3 sedan.
Tesla unveils electric big-rig truck, sporty Roadster
Fri, Nov 17, 2017
Tesla Inc on Thursday unveiled a prototype electric big-rig truck that it will start producing in 2019, throwing itself into a new market even as it struggles to roll out an affordable sedan on which the company`s future depends.
New kids on the block: Tech giants turning Sydney's CBD into ''Silicon Place''
Sun, Nov 12, 2017
The tech invasion - with locals now dubbing Martin Place, once the heartland of the finance sector, `Silicon Place` - has tightened the office rental market and helped drive down the city`s vacancy rate to a near-decade low, according to property manager Jones Lang Lasalle (JLL).
China beats India in race to get Tesla to set up first manufacturing plant outside the US
Mon, Oct 23, 2017
Tesla's operations would be located inside a free-trade zone. This would mean that Tesla could still be subject to China's steep tariffs as it would be treated as though they were still being shipped from outside China, unless it can negotiate a special exemption.
Tesla fired hundreds of employees in past week
Sat, Oct 14, 2017
Luxury electric vehicle maker Tesla Inc fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told Reuters on Friday.
Already behind schedule, Tesla's India entry marred by Govt inaction?
Wed, Sep 27, 2017
Tesla was supposed to be launched in India this summer, however it has been long past the timeline and it looks like the electric car maker is once again in the process of starting a dialogue with the government.
U.S. labour board files complaint against Tesla over worker rights
Fri, Sep 01, 2017
According to the National Labor Relations Board complaint, Tesla violated workers` rights by requiring them to sign a confidentiality agreement that could bar them from talking about their working conditions and safety issues at the company`s facility in Fremont, California.
Tesla's sales head to get $700,000 payout on meeting targets
Thu, Aug 24, 2017
Elon Musk-run Tesla has been counting on its least pricey electric sedan, Model 3, to become a profitable and high-volume manufacturer of electric cars.
Hyundai Motor to launch electric vehicle with 500 km range after 2021
Thu, Aug 17, 2017
Battery-powered cars offered by the likes of Tesla are gaining traction faster than fuel cell vehicles backed by Hyundai Motor and Toyota Motor Corp.
Tesla announces $1.5 bn bonds issue to fund Model 3
Tue, Aug 08, 2017
Shares of Tesla have risen 67% this year and ticked down 0.49% to close at $355.17 on Monday after the announcement, Xinhua reported.
Tesla's Musk hands over first Model 3 electric cars to early buyers
Sat, Jul 29, 2017
Outside Tesla`s Fremont, California factory, Musk showed off the $35,000 base vehicle with a range of 220 miles (350 km) on a charge that marks a departure from the company`s earlier luxury electric cars.