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1-10 results from 515 for query «tesla»

November 7, 2017 1:10 PM Tesla buys automation equipment maker Perbix

Electric car maker Tesla Inc said on Tuesday it agreed to buy privately held Perbix Machine Co Inc, which designs automated manufacturing equipment. "With the acquisition of Perbix, Tesla further advances its efforts to turn the factory itself into a product – to build the machine that makes the machine," Tesla said on its website. Tesla Chief Executive 355

November 1, 2017 8:34 PM US stocks end mostly higher as Fed keeps rates unchanged

NEW YORK: Wall Street stocks finished mostly higher on Wednesday (Nov 1) following another round of solid US data and an upbeat appraisal on economic conditions by the Federal Reserve. The Fed, as expected, kept interest rates unchanged as it reported the US was growing at a "solid pace" and was not significantly dented by Hurricanes Harvey and Irma. That statement 132

November 1, 2017 8:30 PM Tesla reports biggest-ever quarterly loss

Tesla Inc reported its biggest-ever quarterly loss on Wednesday as the electric-car maker spent more to speed up production of its more affordable Model 3 sedan. Led by Silicon Valley entrepreneur Elon Musk, Tesla is struggling to overcome production bottlenecks as it builds the Model 3, seen as key to the company's long-term profitability. The company 120

October 14, 2017 5:16 AM Tesla Has Fired About 400 Employees In The Past Week

Tesla hasn't confirmed the number of employees fired from the company but says that the dismissals were a result of a company-wide annual review. Luxury electric vehicle maker Tesla Inc fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told Reuters on Friday. The dismissals were a result of a company-wide 110

October 2, 2017 5:25 PM GM promises more electric vehicles, paid for by SUVs

DETROIT - Detroit automaker General Motors Co outlined plans on Monday to add 20 new battery electric and fuel cell vehicles to its global product lineup by 2023, financed by robust profits from sales of gasoline-fueled trucks and sport utility vehicles in the United States and China. "General Motors believes in an all-electric future," GM global product 37

September 20, 2017 9:55 PM Tesla working with AMD to develop chip for self-driving car: CNBC

Electric carmaker Tesla Inc is working with Advanced Micro Devices Inc to develop its own artificial intelligence chip for self-driving cars, CNBC reported on Wednesday, citing a source familiar with the matter. AMD spin-off GlobalFoundries Inc Chief Executive Sanjay Jha said his company is working directly with Tesla, according to the CNBC report 27

September 7, 2017 6:55 AM All new Jaguar Land Rover cars to have electric option from 2020

LONDON - All new Jaguar Land Rover cars will be available in an electric or hybrid version from 2020, Britain's biggest carmaker said on Thursday, as it speeds up plans to electrify its model range. Last year, the company, owned by India's Tata Motors , said it would offer greener versions of half of its new line-up by 2020, but it has now ramped up its plans 26

September 1, 2017 1:20 AM U.S. labor board files complaint against Tesla over worker rights

The U.S. agency in charge of enforcing labor law on Thursday filed a complaint against electric carmaker Tesla Inc, saying it found merit to workers' complaints about unfair labor practices. According to the National Labor Relations Board complaint, Tesla violated workers' rights by requiring them to sign a confidentiality agreement that could bar them from talking 29

September 1, 2017 12:40 AM Volkswagen brand chief vows to boost SUVs sales, U.S. market share

CHATTANOOGA, Tennessee - A top executive of German automaker Volkswagen AG said Thursday the company expects to boost its sport-utility vehicle sales sharply by 2020 and will move to add electric vehicle offerings in the wake of its diesel emissions cheating scandal. Herbert Diess, who heads the mass market Volkswagen brand, said the world's largest 32

August 23, 2017 10:55 PM Tesla's sales head to get $700,000 payout on meeting targets

Electric carmaker Tesla Inc said on Wednesday it would pay $700,000 to its global sales and service president, Jon McNeill, if he met certain targets for 2017. Elon Musk-run Tesla has been counting on its least pricey electric sedan, Model 3, to become a profitable and high-volume manufacturer of electric cars. Under his incentive compensation plan, McNeill 23