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The electric-car company is releasing a midrange version of its Model 3 sedan that will cost $35,000 after federal and state tax rebates.
"In Q3, we were able to significantly increase Model S and X deliveries notwithstanding the headwinds we have been facing from the ongoing trade tensions between the US and China," the company said in a press release.
Kimbal Musk said in an interview with CNBC that his brother Elon is doing a 'great job' as CEO of Tesla. Kimbal, a Tesla board member, backed his brother after a series of scandals, including being sued by a Thai cave rescue diver Vernon Unsworth, whom Elon called a 'pedo.'
Tesla’s board is terrible at its job — it’s shown it has no interest in controlling Elon Musk or sticking up for investors
Elon Musk's erratic behavior has hurt Tesla's stock and put him and the company in legal jeopardy. But Tesla's board has done nothing about it.
CEO Elon Musk has repeatedly said Tesla will be profitable this year and thus won’t need to tap debt or equity markets for new financing. But Wall Street analysts aren’t quite convinced.
Tesla's stock price has whipsawed in the two weeks since Musk first tweeted his plan to take Tesla private at $420 a share. After initially skyrocketing to $389 —near record highs — shares briefly fell back below $300 on Monday following a slew of securities fraud lawsuits and an SEC investigation.
‘All night — no friends, nothing’: Elon Musk reveals the lonely 24 hours he spent working at Tesla on his 47th birthday
The growing production pressures and increased scrutiny on Tesla seem to be taking an emotional toll on the company's CEO, Elon Musk.
Employees assembling Model 3 sedans at Tesla's Fremont factory were sent home early on Wednesday, without pushing out the expected number of cars for the shift.
Tesla's Model 3 is an attractive option for anyone considering a new car. This month, though, Tesla released a high-performance version of the Model 3, called the "Model 3 Performance."
Tesla has reset expectations with the interior of the Model 3, the company's long-awaited mass-market vehicle. And the touchscreen that controls nearly everything is just the beginning. We took a deeper dive into the Model 3's insides.