Why Are “Thousands” of Teslas Sitting In a Field in California?

“There’s so much inventory here, it’s crazy.” When Tesla finally met its Model 3 production run rate target, astute investors and analysts pointed out the use of the word “factory gated” in the company’s press release: “Not only did we factory gate 5000 Model 3’s,…

Hundreds Of Tesla Customers Must Repay German Government Subsidy

Tesla CEO Elon Musk is about to be bitterly disappointed – as are hundreds of his customers. As Musk struggles to convince buyers to be patient as production finally ramps up at Tesla’s Fremont Factory (albeit with one or two minor snags), German newspaper Handlesblatt…

Tesla Shares Slide After Musk Twitter Meltdown, Rising Demand And Liquidation Worries

Are the wheels, so to speak, finally coming off the Tesla investment case? After a dramatic Sunday, in which Elon Musk unleashed a bitter tirade at the Thai rescue chief Vern Unsworth, calling him a pedophile more than once in now deleted tweets… … after…

Tesla Whistleblower Attorney Says “I Would Short Tesla Based On What I Know”

On Wednesday we reported that Martin Tripp – the former Tesla engineer who on June 20 was sued by Tesla for allegedly  trying to “sabotage” the company – accused Tesla of several egregious violations that, if proven, could crush the credibility of the automaker, and…

Tesla Now Taking Model 3 Configurations (And Deposits) Without Reservations

Tesla has officially opened up its Model 3 “configurator” to everybody who can thrown down $1,000. Well, everybody except those searching for the coveted “cheap”, entry-level $35,000 Model 3.  Just as questions about the production quality of the Model 3 have started to resonate not only…

Tesla Tumbles Back Below $300 As Musk Attacks Analysts’ “Poor Track Records”

It seems Tesla bonds were on to something after all… After trading higher in the pre-open, bouncing after Tuesday’s tumble, investors have resumed aggressively selling Tesla stock this morning (not helped by news of a new probe into the carmaker), sending it back below the…

Tesla Facing New Probe From California Regulator As It Builds Car In A Tent

Investigations into (and concerns bout) workplace safety standards (and OSHA compliance) at Tesla continue to multiply, with Jalopnik reporting that Tesla is now facing a third investigation by California State Safety and Health regulators after a complaint was submitted by an unnamed employee of the…

Here Are At Least 6 Reasons Why Tesla’s Stock Is Tanking Since “Hitting” Its Production Goal

Update: Tesla shares are extending their losses this morning… now down $50 from the post-production-goal spike highs at yesterday’s open. Is it time for Tesla’s stock price to catch down to its bond price once again? Time for Musk to start buying again. *  * …

Musk Accuses Mystery Employee Of “Extensive And Damaging Sabotage”

It wasn’t the first time there was a fire reported at a Tesla facility: as we noted at the time, there was another one just two months ago… FIRE AT TESLA PLANT TEMPORARILY SUSPENDED PRODUCTION TUES: CNBC Any excuse at all — zerohedge (@zerohedge) April…

Musk Admits “Radical Change Still Needed” As Self-Imposed Production Deadline Looms

Elon Musk’s promise to ramp up Tesla Model 3 production to 5,000 cars a week by the end of June – a promise he made at Tesla shareholders at the company’s annual meeting earlier this month – is clearly weighing on the CEO. A few…