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
Tesla Motors Inc. is promising investors it will start making money this year and will no longer be burning cash. Chief executive Elon Musk told a conference call the company is determined to cut cost ...More
EJ Insight2016-02-11
Tesla Motors chief executive Elon Musk will invest US$20 million in the company's US$500 million stock offering in a show of confidence at a time when the electric carmaker is burning through cash, Re ...More
EJ Insight2015-08-14
