China will open its door wider rather than closing it since opening-up will bring advancement, Chinese President Xi Jinping said in his speech delivered during the 19th Party Congress. Does Xi really ...More
EJ Insight2017-10-27
Tesla Inc. chief executive Elon Musk on Friday pushed back the unveiling of the company’s big rig truck until mid-November, tweeting that the electric vehicle maker was diverting resources to fix prod ...More
EJ Insight2017-10-09
Luxury electric vehicle maker Tesla Inc. said its deliveries rose 4.5 percent in the third quarter from the prior-year period, but said “production bottlenecks” had left the company behind its planned ...More
EJ Insight2017-10-03
Tesla Inc. lowered the base price of its Model X SUV to US$79,500 and said improving margins were behind the move, which came as the automaker is ramping up production of its new lower-priced Model 3, ...More
EJ Insight2017-08-07
Tesla Inc. reported quarterly revenue that doubled and a loss that was the electric car maker's largest ever, but its shares rose after revealing more than 1,800 daily reservations for the Model 3 and ...More
EJ Insight2017-08-03
Tesla Inc. rolled out the first Model 3 unit from the assembly line, and it's for chief executive Elon Musk, who tweeted pictures of the US$35,000 sedan. Tesla board member Ira Ehrenpreis was the firs ...More
EJ Insight2017-07-11
Tesla Inc. said it delivered about 47,100 electric sedans and SUVs in the first half of 2017, at the lower end of its own forecasts, shortly after chief executive Elon Musk announced that production o ...More
EJ Insight2017-07-04
Tesla Inc. took a step closer toward establishing an electric vehicle manufacturing plant in China with its announcement that it is in exploratory talks with the Shanghai municipal government, Reuters ...More
EJ Insight2017-06-23
Tesla Inc. assured investors its highly anticipated Model 3 sedan is on track to begin production, mitigating concerns that the carmaker led by Elon Musk is burning through more cash to bring the vehi ...More
EJ Insight2017-05-04
Tesla Inc., the US luxury electric car maker, said first-quarter vehicle deliveries jumped 69 percent from a year ago to a quarterly record of 25,000 vehicles, recovering from delays in the previous q ...More
EJ Insight2017-04-03
Tesla Inc. says its mass-market Model 3 sedan is on track for volume production by September, relieving investors who see the electric vehicle as the avenue to profitability for the young company. But ...More
EJ Insight2017-02-23
Tesla Motors Inc. is planning to raise money to help fund development and production of its new Model 3 sedan and build out a massive battery factory amid a severe cash crunch. Reuters is reporting th ...More
EJ Insight2016-09-01
Hong Kong's electric car market, currently dominated by Tesla Motors, is likely to see intense competition going forward as several luxury car makers will join the game, an analyst says. Steve Man, Di ...More
EJ Insight2016-07-18
Electric vehicle maker Tesla Motors Inc. has ended a program that guaranteed the resale value of its cars, and lowered the starting price of its Model X crossover, Reuters reports. The discontinuation ...More
EJ Insight2016-07-14
Tesla Motors Inc. will charge buyers of its lower-cost Model 3 electric car for use of its fast-charging Supercharger system, the Wall Street Journal reports. Chief executive Elon Musk told shareholde ...More
EJ Insight2016-06-02
Electric carmaker Tesla Motors Inc. said it would accelerate production to meet strong demand for its upcoming Model 3 mass-market sedan, but higher spending will make it harder to reach promises of p ...More
EJ Insight2016-05-05
Tesla Motors Inc.'s market capitalization has reached US$31 billion, equivalent to US$620,000 for every car it delivered last year, or US$63,000 for every car it hopes to produce in 2020, Reuters said ...More
EJ Insight2016-05-04
Two entrepreneurs at a startup company in Hong Kong have raised nearly HK$200 million (US$25.8 million) from crowdfunding website Kickstarter and venture capital funds to produce smart coffee machines ...More
EJ Insight2016-04-13
Tesla Motors Inc. is recalling 2,700 Model X sport utility vehicles to repair the third-row seats after strength tests found a potential problem. It's the first such action for the SUV "out of an abun ...More
EJ Insight2016-04-12
Electric car maker Tesla Inc. said it had received more than 325,000 orders for its new Model 3 sedan in the first week of bookings, Reuters reported. The reservations, which can be made by paying a r ...More
EJ Insight2016-04-08