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Tag Archives: Tesla

As Tesla reaches for the stars, it bleeds money

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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No salary for Elon Musk for the next 10 years

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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Follow the first Tesla Model 3 cross-country road trip

I don’t know about you but we’re beginning to wonder about what is really going on at Tesla. In a matter of weeks, Elon Musk’s announced or revealed plans for a Semi truck, the return of the Roadster, the Model Y (compact Model X) and now a pickup. Meanwhile, the long-ago promised and overly hyped Model 3 still seems like ...

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Several companies will test the Tesla truck

tesla truck

According to various sources, there are currently more than 1,000 pre-orders for the Tesla truck unveiled a few weeks ago. Big names are on the list of companies interested in the electric semitrailer including Wal-Mart, Anheuser-Busch, DHL and now Pepsi who has apparently placed an order for 100 Tesla trucks. The majority of these companies claim that the reduced cost ...

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CAR NEWS: Tesla nearing bankruptcy according to Bob Lutz

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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