Less than two days ago, Elon Musk’s SpaceX ‘s Falcon Heavy Rocket launched into space with a Tesla Roadster strapped to its back. The waves following this impressive feat were felt around the world. Unfortunately, that’s where the good news ends. Yesterday, Tesla announced that the company lost an eye-watering $675.4 million in the final quarter of 2017. By comparison, ...
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Tesla’s founder and CEO, Elon Musk, will not receive a salary for the next 10 years under a new compensation plan that should be approved by shareholders in March. That said, he could still end up being the richest man on the planet at the end of those 10 years. That will depend on whether or not Tesla is profitable. ...
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A week after the unveiling of its electric semi-truck in California, Tesla offered more information on how it plans to price its latest project. Three versions of the new electric Tesla truck will be available. The entry-level model with a range of 480 kilometers will be available starting from US $ 150,000 while the model with 800 kilometers of range ...
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Less than 24 hours after Tesla once again grabbed the world’s attention with the unveiling of the awesome Roadster and its semi-trailer electric truck, GM’s former vice president Bob Lutz threw some shade on the groundbreaking automaker. “The company, folks, is going out of business. At this rate they’ll never get to 2019”, Lutz said in an interview with CNBC. ...
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