Cars Keep Getting Better. That Makes Disruption Harder.

Cars Keep Getting Better. That Makes Disruption Harder.

On Wednesday, Tesla Inc. announced its second-quarter results. Those results, along with Elon Musk’s apologies to analysts for his rudeness three months earlier, pushed its stock price up and 2025 bond yields down. During the earnings call, Musk and his colleagues...
Fired Tesla Workers Still Love Elon Musk

Fired Tesla Workers Still Love Elon Musk

Tesla Inc. just started bidding farewell to more than 3,000 employees, the biggest layoffs in the company’s 15-year history. Some of those who lost their jobs have had surprisingly positive parting words to share with the chief executive who let them go.  “It is the...
Tesla Shareholder Urges Board to Name an Independent Chairman

Tesla Shareholder Urges Board to Name an Independent Chairman

Tesla Inc. shareholders will vote in June on whether to adopt a policy that the company only allow an independent director to be chairman, a role that Elon Musk has held since 2004. The proposal, submitted by Jing Zhao of Concord, California, argues Tesla shouldn’t be...
Tesla Shifts Model 3 to 24/7 Production as Musk Hikes Output

Tesla Shifts Model 3 to 24/7 Production as Musk Hikes Output

CEO aims to make 6,000 of the cars a week by the end of June Email suggests another pause in output planned for next month Tesla Inc. will begin around-the-clock production at its Fremont, California, assembly plant to boost Model 3 output, chief executive officer...