Hell for Elon Musk is a midsize sedan
On July 1, Elon Musk went home to sleep. The chief executive of Tesla Inc. had been camping out at his electric car factory in Fremont, Calif., for much of the past week.
On July 1, Elon Musk went home to sleep. The chief executive of Tesla Inc. had been camping out at his electric car factory in Fremont, Calif., for much of the past week.
Just a few weeks after finally reaching its goal of building 5,000 Model 3 sedans in a week, Tesla has hit another threshold: Earlier this month, it sold its 200,000th car in the U.S.
Oil prices could top all-time highs near $150 a barrel because energy companies are investing too little money in new production, Bernstein Research said.
The highest retail gasoline prices in years are the latest development to raise concerns about one of the longest-running U.S. economic expansions on record.
A red-hot electric vehicle market has triggered a face-off between Big Oil and utilities.
Tesla’s recent announcement that it had reached its long-delayed goal of making 5,000 Model 3 electric sedans in a week seemed like a triumph for Elon Musk’s intense management style.
Last week, federal investigators reported that the battery of a Tesla Model S reignited twice after the car’s fiery crash in May. This isn’t the first time an electric vehicle battery has caught fire again after being put out.
Tesla is testing the faith of its followers right now. This of course has been true from the beginning. It has always taken a leap of faith to buy into the next Model automobile that Tesla announces it will produce.
Fourth of July gas prices will notch their highest mark since 2014 but remain sharply lower than their all-time high for the holiday.
The White House can drive Iran’s oil exports to zero, or it can have moderate U.S. gasoline prices, but it probably cannot have both.