Tesla to Close Retail Showrooms to Cut Costs
Tesla has announced it's now ready to deliver on its promise to make a $35,000 electric car, but it may be laying off sales staff and closing brick and mortar sales showrooms to make it happen.
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Tesla has announced it's now ready to deliver on its promise to make a $35,000 electric car, but it may be laying off sales staff and closing brick and mortar sales showrooms to make it happen.
Tesla is suffering one of its worst sell-offs of the year after the Bay Area car company said it would begin closing all of its stores in favor of selling its electric cars exclusively online.
Tesla says it is now taking orders for the long-awaited $35,000 Model 3, a car for the masses that is essential for the Bay Area-based electric car company to survive.
Elon Musk, CEO of Bay Area based Tesla, has until March 11 to explain to a federal judge in New York why he shouldn't be held in contempt of court.
The Securities and Exchange Commission has asked a federal judge to hold Tesla CEO Elon Musk in contempt of a settlement deal reached last year.
San Anselmo has about 377 registered electric vehicles, roughly 3% of its car population. The city has approved an ambitious strategy to have 3,000 EV's by 2030.
A Tesla Model X slammed into a tree Monday morning in Fremont then burst into flame. The driver, who works at Tesla, suffered minor injuries.
A fire broke out at the Tesla plant in Fremont.
Cold temperatures can sap electric car batteries, temporarily reducing their range by more than 40 percent when interior heaters are used, a new study found.
Bay Area electric car company Tesla is cutting $1,100 from the base price of its car designed for the mass market, the Model 3.
Bay Area electric car company Tesla eked out a small fourth-quarter profit to close 2018, but fell short of Wall Street estimates.
Fremont Police Department announced on Wednesday that it will begin a pilot program to test out a Tesla Model S that is customized for patrol operations.
Bay Area-based electric car maker Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford.
Bay Area electric car company Tesla's new manufacturing plant in China is officially under construction.
Bay Area-based Tesla made about 9,300 more vehicles than it delivered last year, raising concerns among industry analysts that inventory is growing as demand for the company's electric cars may be starting to wane.
Shares of Bay Area-based electric car and solar panel maker Tesla Inc. tumbled Wednesday morning after the company cut vehicle prices by $2,000 and announced fourth-quarter sales figures that fell short of Wall Street estimates.
Electric car buyers interested in vehicles from Bay Area-based Tesla motors can say goodbye to a $7,500 tax credit in the new year.
The day after a Tesla Model S vehicle burst into flames not once but twice, Santa Clara County fire officials on Wednesday admitted that they are still learning how to handle fires involving the electric vehicles.
Elon Musk unveiled his underground transportation tunnel on Tuesday, allowing reporters and invited guests to take some of the first rides in the revolutionary albeit bumpy subterranean tube.
Fire officials in the South Bay were keeping an eye on a Tesla Model S that caught on fire in Los Gatos Tuesday afternoon and then reignited hours later as fire crews were moving the vehicle.
Bay Area-based Tesla CEO Elon Musk told "60 Minutes" he doesn't respect the Securities and Exchange Commission, but says he's only abiding by the terms of a settlement he made with the SEC because "I respect the justice system."
In an interview airing this Sunday on "60 Minutes," Elon Musk, CEO of the Bay Area's Tesla Motors, explains why he acts the way he does.
Authorities are trying to determine if a Tesla driver who was arrested for alleged DUI in Palo Alto early Friday morning had used the vehicle's "Autopilot" feature to help him get to his destination.
Tesla CEO Elon Musk said the Bay Area-based electric car company came "within single-digit weeks" of death this year as it struggled to meet production targets for its Model 3 sedan.
Testing by AAA shows that electronic driver assist systems on the road today may not keep vehicles in their lanes or spot stationary objects in time to avoid a crash.
