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Tesla’s Musk calls on workers in to help company break even in second quarter

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The rallying cry has become a familiar theme in recent quarters at Tesla, with Musk calling on employees to quickly build and deliver vehicles at the end of the quarter to achieve specific targets. Tesla shares rose 5.2% to close at $1,009.35 on the Nasdaq on Monday. Tesla in April surprised investors when it said production and delivery of its new sport utility vehicle, Model Y, was significantly ahead of schedule despite the virus outbreak.

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Tesla’s Musk calls on workers in to help company break even in second quarter originally appeared on Autoblog on Mon, 29 Jun 2020 17:15:00 EDT. Please see our terms for use of feeds.

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SpaceX rocket blasts into orbit with 2 American astronauts

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A rocket ship built by Elon Musk’s SpaceX company thundered away from Earth with two Americans on Saturday, ushering in a new era in commercial space travel and putting the United States back in the business of launching astronauts into orbit from U.S. soil for the first time in nearly a decade. NASA’s Doug Hurley and Bob Behnken rode skyward aboard a sleek, white-and-black, bullet-shaped Dragon capsule on top of a Falcon 9 rocket, lifting off at 3:22 p.m. from the same launch pad used to send

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SpaceX rocket blasts into orbit with 2 American astronauts originally appeared on Autoblog on Sat, 30 May 2020 16:23:00 EDT. Please see our terms for use of feeds.

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Tesla shareholder lawsuit stalls while trying to stop Elon Musk from tweeting

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A Delaware judge has denied a request by attorneys for Tesla shareholders to pursue a lawsuit seeking to prevent CEO Elon Musk from using his personal Twitter account to disseminate information regarding the electric vehicle and solar panel manufacturer. Vice Chancellor Joseph Slights III ruled Tuesday that shareholder attorneys had not demonstrated a sufficient reason for him to allow the state court lawsuit to proceed. The SEC sought to hold Musk in contempt of court after he tweeted in Febr

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Tesla shareholder lawsuit stalls while trying to stop Elon Musk from tweeting originally appeared on Autoblog on Wed, 20 May 2020 07:45:00 EDT. Please see our terms for use of feeds.

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Tesla, California county reach deal to reopen Fremont plant next week

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The county said the automaker could take additional steps ahead of next week after Chief Executive Elon Musk had vowed to defy authorities, saying Monday he was resuming production despite the prohibition. On Tuesday, he also won the backing of President Donald Trump. In a tweet, Alameda County said that following talks with Tesla it agreed that the electric carmaker can take steps “in preparation for possible reopening as soon as next week.”

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Tesla, California county reach deal to reopen Fremont plant next week originally appeared on Autoblog on Wed, 13 May 2020 17:44:00 EDT. Please see our terms for use of feeds.

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Elon Musk becomes champion for businesses defying coronavirus lockdowns

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At the Fit4All Gym in Lebanon, Illinois, owner David Tate considers Elon Musk a huge ally in the fight against government coronavirus orders that Tate says are driving him into the poorhouse. Tate reopened his 250-member gym in defiance of state orders on Monday, the same day Musk restarted his huge San Francisco Bay Area factory despite being told not to by the county Health Department. Like other business owners hit hard by coronavirus shutdown orders, Tate says Musk is a leader in the growi

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Elon Musk becomes champion for businesses defying coronavirus lockdowns originally appeared on Autoblog on Tue, 12 May 2020 18:30:00 EDT. Please see our terms for use of feeds.

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Tesla restarts production at California plant despite shutdown order

Tesla factory, Fremont, CaliforniaTesla restarted production at its vehicle plant in Fremont, California, on Monday despite a shutdown order over the Covid-19 coronavirus pandemic issued in late March by local authorities still being in place. Ahead of the start of production, Tesla CEO Elon Musk posted on Twitter that he would be joining workers on the line and that if anyone is…

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