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Tesla warns about fourth-quarter profits, cuts jobs to drive down model 3 price

Electric car manufacturer Tesla Inc. will cut about 7% of its full-time workforce and warned that fourth-quarter profits will not match those of the third quarter, CEO Elon Musk said on Friday. Musk says Tesla TSLA, -12.97% "We need to… Continue Reading →

Tesla cuts 3,000 jobs to sell Model 3 to the mass market

Tesla will reduce its full-time workforce by 7% to reduce the production costs of its Model 3 sedan and make it a mainstream vehicle, said Friday Elon Musk, general manager of the electric car manufacturer. The cheapest version of Model… Continue Reading →

Model 3 free for anyone hacking a computer

So, you would really like to get your hands on a Tesla Model 3. The only problem is that you do not have about $ 50,000 of spare to provide for the version of the electric car that you want… Continue Reading →

Cadillac Introduces First 100% Electric Model at Detroit Auto Show 2019

Luxury automakers are developing electric cars in response to Tesla, and it looks like Cadillac will be the last to join the fray. At a media event prior to the Detroit Auto Show's 2019 media days, the luxury brand of… Continue Reading →

Tesla streamlines and abandons the cheapest Model S and X cars – East Bay Times

If you want to get a "cheap" Tesla, your options are about to decrease a little. In a tweet sent Thursday, Elon Musk, president and CEO of Tesla, said the electric car maker would stop accepting orders for the 75D… Continue Reading →

The starting price of a Tesla Model S will soon be higher than $ 18,000

Tesla drops 75 kWh battery pack for Model X and Model S, CEO Elon Musk announced Wednesday. Customers have until Sunday, January 13 to place orders if they want cars with the lowest battery (and cheapest) of the company. The… Continue Reading →

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