Tag: Elon Musk
Tesla marks record deliveries in Q3, ninth straight profitable quarter
Tesla’s earnings were reported to investors on October 20, and the financial results paint the last quarter as bright despite the ongoing pandemic and...
Cost of chip shortage expected to double, but Musk sees an...
In May 2021, AlixPartners predicted that the chip shortage plaguing the auto industry since the middle of the pandemic would end up costing the...
Tesla Cybertruck production delayed by another year
At the initial model unveiling, the Tesla Cybertruck was positioned as a frontrunner among electrified pickup trucks. The launch event had its own hiccups...
VADA Pres. Don Hall discusses outcome of latest Tesla battle and...
Today on CBT News, Don Hall, President and CEO of the Virginia Automobile Dealers Association (VADA), discusses recent headlines from EVs to F&I. Hall...
Auto industry leaders ruffle feathers with recent tweets
Elon Musk hasn’t particularly cared about tradition and has often upset those who have enjoyed the control they had on their business environment. Recently,...
Ford CEO Jim Farley jabs Tesla for FSD testing
Tesla might have led the way with battery electric technology, but Ford isn't going to take the fight lying down. With the release of...
Elon Musk’s brother sells $25.6 million in Tesla stock
Kimbal Musk, younger brother of Tesla CEO Elon Musk sold $25.56 million in shares of Tesla (TSLA). Kimbal Musk, who serves as a board...
Tesla buys $1.5 billion in Bitcoin, will sell cars for cryptocurrency
On Monday, Tesla announced a purchase of around $1.5 billion USD in Bitcoin, the world’s most well-known cryptocurrency. A filing with the Securities and...
Tesla adds collision repair to its service department
Tesla service centers have been limited in repair capabilities to this point. However, that’s about to change. In an alert sent out to customers,...
Tesla inches near annual sales goal on record-setting Q3
On Friday, Tesla issued their Q3 report on production and sales for 2020. Overall, the EV automaker announced in a news release that they...
