Tesla is weeks away from hitting 7,000-Model 3’s-per-week production milestone

Tesla Inc. CEO Elon Musk is pushing his factory workers in Fremont to consistently produce 7,000 Model 3 sedans per week by the end of November, according to an internal email obtained by Electrek. Musk said he planned to walk the entire Model 3 production line on Nov. 27 and …

Robyn Denholm replaces Elon Musk as Tesla’s board chair

On Wednesday night, Tesla announced Robyn Denholm has taken Elon Musk’s place as chair of the company’s board. She will also be leaving her role as CFO and Head of Strategy at Telstra, Australia’s largest telecommunications company, after a six-month notice period there, to focus on her work as Tesla …

Tesla’s new auto-parking feature to be ready in 6 weeks, Elon Musk says

An upgrade to Tesla’s ‘Summon’ auto-parking feature will be ready within six weeks and will allow its vehicles to drive around a parking lot, find an empty spot and read parking signs, Chief Executive Elon Musk said on Thursday. The upgrade will be compatible in all Tesla cars made in …

Tesla buys new plot for its first China factory

Tesla successfully acquired an 864,885-square meter plot in Shanghai’s Lingang area for the electric car maker’s new factory, according to an announcement from Lingang Wednesday afternoon. No price was immediately disclosed. Plans for the wholly-owned factory were first announced in July. Lingang is located on the coast, about 47 miles …

Tesla ‘Uniquely Positioned To Lead In Ecosystem,’ Macquarie Says In Bullish Initiation

Macquarie analysts view Tesla, Inc. (NASDAQ: TSLA) as a disruptive growth company “with differentiated products and strong brand presence in the secularly growing and equally disruptive markets of electric vehicles, energy storage and energy generation.” The Analyst Macquarie’s Maynard Um initiated coverage of Tesla with an Outperform rating and a …

Tesla Model 3 Performance Hits 60 MPH In Record-Setting 3.13 Seconds

Lighter rims are the trick to getting Tesla Model 3 Performance zero-to-60-mph time down yet again. A few YouTubers that just happen to be new Tesla Model 3 Performance owners have been recording and sharing zero-to-60-mph times. As it turns out, it hasn’t been uncommon for the owners to beat …

Tesla says Jerome Guillen has been promoted to president of automotive

Tesla announced Friday that Jerome Guillen has been promoted to president of its automotive division. In an email to employees, CEO Elon Musk said Guillen would report directly to him and oversee all of Tesla’s automotive operations, including the coordination of its supply chain. Musk said Guillen had “played a …