Stocks

Elon Musk: Tesla’s new orders last week comprised over 2,000 S/X and 5,000 Model 3

Elon Musk: Tesla’s new orders last week comprised over 2,000 S/X and 5,000 Model 3

According to a recent disclosure by Tesla Motors CEO Elon Musk, the automaker received new orders for more than 7,000 electric vehicles last week.

Tesla restructuring will have substantial impact on its energy division

Tesla restructuring will have substantial impact on its energy division

According to a Reuters report, Tesla CEO Elon Musk’s announcement about the company’s restructuring plans in May 2018 will have a substantial impact on the Tesla Energy division.

Porsche takes minority 10% stake in hypercar startup Rimac

Porsche takes minority 10% stake in hypercar startup Rimac

In a recent announcement, German automaker Porsche has confirmed that it has taken a minority yet significant 10% stake in electric hypercar startup called Rimac.

Tesla is reportedly producing nearly 4,000 Model 3 units per week

Tesla is reportedly producing nearly 4,000 Model 3 units per week

According to a report by a Tesla Motors Club member, Tesla has ramped up the production of Model 3 to approximately 4,000 vehicles per week, after the production shutdown in April 2018.

Car industry is “obviously” moving towards “shared electrical autonomy model”: Musk

Car industry is “obviously” moving towards “shared electrical autonomy model”: Musk

On Wednesday, during Tesla’s first-quarter 2018 earnings call, CEO Elon Musk said that sharing of electric, self-driving vehicles is the “obvious” future for the auto industry.

Elon Musk: Tesla Model Y will bring ‘a manufacturing revolution’ in 2020

Elon Musk: Tesla Model Y will bring ‘a manufacturing revolution’ in 2020

Tesla CEO Elon Musk informed during the company’s first-quarter 2018 conference call that the automaker’s upcoming Model Y all-electric CUV will underscore ‘a manufacturing revolution’ in 2020.

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