Tesla Replaces Top Lawyer After Two Months in Latest Major Departure
The Wall Street Journal · Tim Higgins · 2 hours ago
Tesla Inc. is losing its general counsel after just two months on the job, replacing the veteran trial lawyer with a longtime insider who helped the electric-car company navigate some of its biggest legal issues. Dane Butswinkas is leaving the auto maker to rejoin Williams & Connolly, the Washington, D.C., law firm where he had spent almost 30 years before being hired by Tesla in December, the company said Wednesday. Mr.......
Elon Musk: Full Self-Driving Teslas This Year, “Unequivocal” Tesla Autopilot Improves Safety
CleanTechnica · Steve Hanley · 5 hours ago
Elon Musk sat down with Tasha Keeney and Cathi Wood of ARK Invest for a conversation about Autopilot and autonomous cars. He said Teslas will be capable of Level 4 self driving by the end of this year....
2109 Chevy Bolt EV Test Drive & Review: Video
Inside EVs · ERIC LOVEDAY · 4 hours ago
It’s the EV that’s painless to switch to. The Chevy Bolt is not a T esla Model 3 and here that’s an advantage. Basically, you step into a Bolt EV and you’re right at home. No learning curve here. Unlike in a Model 3 where there’s a learning curve, the Chevy Bolt is more like a step-in-and-go type of electric car. The car itself will feel familiar. There’s very little to indicate it’s electric or different and that’s definitely a plus. Get behind the wheel for a second and you’ll notice the electric drive and its seamless acceleration. Outside of...
Tesla adds Model 3 snow chains for 20″ Performance wheels to online store
Teslarati · Dacia J. Ferris · 5 hours ago
Tesla Model 3 snow chains for 20″ Performance wheels have been added to the company’s online store. The Maggi Trak Sport 214 snow chain is a unique type of self-adjusting and easy-to-install chain that utilizes four clamps and one fixing point for installation. Rather than wrapping the chains around the inner portion of the tire, the outer wheel side of the drive wheels is used as the single fixing point over complex inner side attachments. Excellent traction and durability in snowy conditions are to be expected from the aftermarket addition. Previously, snow chains were only available for Model 3 with...
Tesla Model 3: Ceramic Coating Versus Clear Bra: Video
Inside EVs · ERIC LOVEDAY · 5 hours ago
So many choices these days… Which one is right for you? Or, rather, which should you apply to your car? There’s nothing unique on the paint side when it comes to the Tesla Model 3 , so this would apply to any car then. However, Tesla enthusiasts seem particularly interested in protection. Paint protection, that is. So, what does one of the top detailers think about the ceramic coating versus clear paint film argument? Watch the short clip and you’ll soon find out. Hint…a bit of both makes for the best all-around protection for your Tesla , or any other...
Tesla Model X Hits Autobahn For High-Speed Run: Video
Inside EVs · ERIC LOVEDAY · 5 hours ago
Let’s go super fast in an SUV. Said nobody…ever. Well, we’re still gonna give it a shot, even though it makes almost no sense at all. The Tesla Model X electric SUV is known for its amazing quickness, but what’s it like at very high speeds? Like at 150 MPH? Find out here in this video featuring the Tesla Model X out on the Autobahn . It comes to us courtesy of AutoTopNL, a YouTube channel that prefers screaming exhaust. You won’t find that here. Instead, it’s serene and quiet in the Model X even at this super high rate...
Here Are The Quickest Selling Used Electric Cars
Inside EVs · Jim Gorzelany · 7 hours ago
An electric SUV tops the list. With Tesla’s upscale line of vehicles already taking the top three slots in terms of new electric-vehicle sales, they’re also among the quickest-selling used battery-powered rides in the U.S. That’s according to days-on-sale information compiled and provided to us by the automotive data and research company iSeeCars.com, based on a survey of used-car transactions from January through July 2018. More EV Basics Electric Cars & Crossovers: Charting The Changes For 2019 Here Are The Cheapest Electric Cars Available In The U.S. Nissan LEAF Is World's # 1 Selling EV, But #2 Might Surprise You...
SpaceX’s Crew Dragon spacecraft as few as ten days away from orbital launch debut
Teslarati · Eric Ralph · 8 hours ago
Although the chances of additional delays are high, the orbital launch debut of SpaceX’s Crew Dragon spacecraft remains stoically targeted for 2:47 am EDT (07:47 UTC) on March 2nd, less than ten days from today. Known as DM-1, the unproven SpaceX vehicle’s autonomous demonstration mission is a critical milestone along the road to assured US access to the International Space Station (ISS), without which NASA will be forced to continue procuring seats on Russian Soyuz missions with aggressively inflated price tags. If everything goes exactly as planned, a successful DM-1 could translate into the company’s first crewed launch as early...
Tesla Semi Acceleration Blows Away Chevy Volt: Video
Inside EVs · ERIC LOVEDAY · 8 hours ago
Now that’s one quick semi. Typically, when one pulls on an on-ramp behind a semi, you slow your roll. That’s because a normal semi is rather slow to accelerate. That’s apparently not the case when it comes to the Tesla Semi . A massive Tesla Semi is just too much for the Chevy Volt . The Semi quickly out accelerates the Volt on the on-ramp and even a Model X barely can keep pace. This video clip, taken from within a Tesla Model X, shows the near insane level of acceleration of the Tesla Semi. In a flash, it pulls...
Tesla is bleeding executives and it could create problems for the company, experts say (TSLA)
Business Insider · mmatousek@businessinsider.com (Mark Matousek) · 8 hours ago
Evan Vucci/AP Images Tesla is known for its high rate of turnover among executive and senior-level employees. As Tesla expands its product line and presence in foreign markets, it will become a more complicated business to run and require a more stable management team, Maryann Keller, the principal at the automotive consulting firm Maryann Keller & Associates, told Business Insider. The level of turnover Tesla has experienced in its senior ranks is unusual in the auto industry and could make recruiting more difficult, Keller said. Tesla did not immediately respond to a request for comment. The Wall Street Journal reported...
SpaceX is about to launch an Israeli mission to the moon. If successful, it would be the world's first private lunar landing.
INSIDER · Dave Mosher and Graham Flanagan · 8 hours ago
SpaceX is about to launch a Falcon 9 rocket that will carry the first-ever private moon mission. SpaceIL, a nonprofit organization based in Israel, designed and built the 1,300-pound lunar lander called "Beresheet," which means "in the beginning" (the first words in the Bible). SpaceIL started as a Google Lunar XPrize team and is backed by South African billionaire Morris Kahn. If the Beresheet lunar mission works, it'd make Israel the fourth country ever to pull off a moon landing. SpaceX, the rocket company founded by Elon Musk, is about to launch the first private lunar lander. Whether or not...
A worker was killed by an exploding tire at John Wayne Airport in Southern California
Business Insider · bzhang@businessinsider.com (Benjamin Zhang) · 8 hours ago
Shutterstock/Jason Maehl A worker at John Wayne Airport in Orange County, California, was killed on Tuesday when a tire on which he was doing maintenance work exploded, the Associated Press reported. The explosion occurred while two workers were performing maintenance on a tire used for a jet bridge, a structure that connects the terminal building with an aircraft. The unidentified workers were not employees of John Wayne Airport. Instead, they worked for a contractor called JBT. Neither the airport nor JBT was immediately available for comment on the matter. A worker at John Wayne Airport in Orange County, California, was...
Nissan LEAF Is World’s # 1 Selling EV, But #2 Might Surprise You
Inside EVs · Mark Kane · 9 hours ago
Nissan LEAF needs to double or triple sales to prolong its leadership The Nissan LEAF is (and will remain for quite some time) the best-selling plug-in electric car with more than 360,000 units worldwide, according to data released by Centre for Solar Energy and Hydrogen Research Baden-Württemberg. The second best-selling model globally is Tesla Model S with more than 240,000, followed by another BEV – the BAIC EC-Series – with over 170,000 sales. The results are similar, although the numbers are slightly different, compared to EV Sales Blog report. See Also Top 5 Electric Cars Of All-Time: Cumulative Sales Global...
Tesla is bleeding executives and it could create problems for the company, experts say
INSIDER · Mark Matousek · 9 hours ago
Tesla is known for its high rate of turnover among executive and senior-level employees. As Tesla expands its product line and presence in foreign markets, it will become a more complicated business to run and require a more stable management team, Maryann Keller, the principal at the automotive consulting firm Maryann Keller & Associates, told Business Insider. The level of turnover Tesla has experienced in its senior ranks is unusual in the auto industry and could make recruiting more difficult, Keller said. Tesla did not immediately respond to a request for comment. The Wall Street Journal reported on Wednesday that...
Tesla Model 3 impresses former rally champion after high-speed testing
Teslarati · Simon Alvarez · 12 hours ago
The Tesla Model Performance has impressed former champion rally driver Wyatt Knox, who recently drove the electric sedan in a high-speed driving test on a challenging icy course. The session, which was conducted on the training grounds of the Team O’Neil Rally School in New Hampshire, saw the veteran driver evaluate the Model 3 Performance as a potential vehicle for rally events. By the end of his session with the electric sedan, Knox observed that the Model 3 Performance handled very well, describing the car’s handling as “fantastic” in a conversation with Teslarati . The rally veteran noted that the...
Electric Car Range, Price & More Compared For U.S.
Inside EVs · Mark Kane · 10 hours ago
Looking for an electric car? The new year 2019 started slowly in the case of plug-in electric car sales in the U.S. – compared to record, late months of 2018 – although growth year-over-year remains strong at over 40%. It’s a good time to compare what we have on the market now – separately for all-electric and plug-in hybrid models. All the data/charts will be available on our Compare EVs card here. We counted 15 BEVs on the market (sadly, not all of them are available nationwide), which exists sometimes in various battery/drivetrain versions. In total, we get 24 listing...
It seems impossible that Tesla will have full self-driving car tech ready in a year, says analyst
CNBC · Robert Ferris · 11 hours ago
At least one auto industry analyst is skeptical about Tesla CEO Elon Musk's bold claim that the electric car maker will have all the features necessary for full autonomy by the end of the year. In fact Musk may be misleading the public over how capable Tesla's cars are, said Karl Brauer, executive publisher at Cox Automotive, on CNBC's "The Exchange" on Wednesday. "I think the term 'misled' works here. I mean, there are so many variables out there," he said. "There are so many different ways that a car has to be able to deal with driving: weather, lighting,...
Would-be Tesla customers grouse as deposit refunds take months
Automotive News · ALEXANDRA SEMENOVA · 11 hours ago
Tamara Tanney got tired of waiting for a new Tesla, so she asked for a refund of her $1,000 deposit. It's been a year since the Toronto digital strategist canceled her fully refundable order, and the money still hasn't shown up in the financial statements she regularly checks. "If this is the service you get as a new client, I can't imagine the kind of service you would get as a current customer," said Tanney, 23, who is no longer interested in owning a Tesla. Seventeen people interviewed for this report described months of effort to get Tesla Inc. to...
Amazon's investment in an electric truck company could spell doom for Tesla's dominance, a widely followed Wall Street analyst says
INSIDER · Graham Rapier · 11 hours ago
Rivian , an electric truck startup, announced last week that Amazon was leading a $700 million fundraising round Morgan Stanley says its the most significant event for electric vehicles since Tesla's 2010 IPO What's more, the bank's widely followed autos analyst, says it could be the most important event for the industry this year. It's only February, but Morgan Stanley thinks we've already seen the most important milestone to hit the automotive industry all year. Adam Jonas , the Wall Street bank's widely followed autos analyst says it's the biggest thing to happen for electric vehicles since Tesla went public...
Chinese Media Reports Reveal Info On Tesla Model Y Debut
Inside EVs · Steven Loveday · 12 hours ago
It appears the Tesla Model Y may be unveiled at the 2019 Shanghai Auto Show. According to various informed sources in China, the Tesla Model Y could be revealed to the world as soon as April 16, 2019. A Chinese media outlet first reported the news, which it claims to have gleaned from people “in the know.” Of course, we can’t be sure that this information is accurate, but it would make perfect sense since Tesla is building a Gigafactory in China and plans to manufacture the Model Y there, as well as at its primary Gigafactory in Sparks, Nevada....
Could Honda Motor Stock Go Up 25%? 1 Analyst Thinks So
The Motley Fool · Rich Smith · 11 hours ago
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope... When it comes to automakers, Tesla ( NASDAQ:TSLA ) may get all the ink -- but Honda ( NYSE:HMC ) is the stock to buy if you want to earn profits. At least, that seems to be the view at investment bank Nomura , which announced yesterday that it is upgrading shares of Honda to buy and assigning a...
Watch These BMW i3s Self-Drive In Netherlands
Inside EVs · DOMENICK YONEY · 12 hours ago
Goes far beyond “no hands.” Elon Musk may have just predicted Tesla will have full self-driving capability by the end of 2020, but other cars are already operating while driverless. At least, in a limited fashion. As you can see in the video above, a Dutch outfit called Amber , using the BMW i3 as a platform, is driving cars without drivers. Technically, these are not autonomous vehicles since they are platooning — following a single lead vehicle. Still, it is interesting and impressive to watch. Amber operates an electric car-sharing service. In order to make sure its customers have...
Tesla General Counsel Quits After 2 Months in Latest Upheaval
NYTimes · By NEAL E. BOUDETTE · 16 hours ago
Dane Butswinkas, a Washington trial lawyer, represented Elon Musk, the chief executive, when he was sued by the Securities and Exchange Commission....
Tesla has lost more than 40 execs since 2016 — here's an updated list
CNBC · 12 hours ago
Following is a list of executive departures from Tesla since 2016: 2019 Feb. 20: General counsel Dane Butswinkas will be replaced by Jonathan Chang, the company announced on Wednesday . Jan. 30: Chief Financial Officer Deepak Ahuja to leave for the second time , but to continue as a senior adviser. 2018 Nov. 27: Jeff Jones, head of global security, is no longer working with Tesla after just 11 months on the job, CNBC reported , citing one current and one former employee. Oct. 17: Gilbert Passin, vice president of manufacturing, has left, according to a Business Insider report ....
Tesla is going to be the next Amazon, says a major shareholder with a $4,000 per share target
CNBC · Matthew J. Belvedere · 15 hours ago
Tesla is experiencing the same kind of skepticism that e-commerce giant Amazon faced in its early days, and the electric automaker is also going to prove the naysayers wrong, Tesla shareholder Cathie Wood told CNBC on Wednesday. Wood, ARK Invest's chief whose bull case famously sees Tesla at $4,000 per share in five years, defended Tesla co-founder and CEO Elon Musk 's mercurial nature. "Everybody is beginning to adjust for Musk," she said in a "Squawk Box" interview. "Having been a portfolio manager for many years, I know how to adjust to what different CEOs say given their personalities and...
Elon Musk Corrects Tweet About Tesla Production Forecast
Business Insider · 12 hours ago
(RTTNews) - Elon Musk had to correct a tweet about projections for full-year Tesla production numbers. On Tuesday, Musk tweeted that Tesla will make about 500,000 cars this year. However, he later clarified that he "meant to say" the company's annualized production rate at the end of 2019 could be around 500,000 vehicles, or a production rate......
Tesla promotes a new general counsel – third this year
Electrek · Fred Lambert · 12 hours ago
Tesla’s general counsel, Dane Butswinkas, confirmed that he is leaving the automaker two months after taking his position. A longtime legal executive at Tesla is taking over – becoming the third general counsel at Tesla in a year. more… The post Tesla promotes a new general counsel – third this year appeared first on Electrek....
Guard Your Cookies! Tesla Sentry Mode: Video
Inside EVs · MARK KANE · 12 hours ago
“Me want cookie! Me eat cookie!” Tesla just released a new video explaining how the new Sentry Mode helps to guard your trunk … cookies from… Cookie Monster . It’s no joke. The new software feature is available for Model 3 , and soon also Model S and Model X vehicles that were built after August 2017. Anyone trying to break will be treated to a pretty loud concert. About the Sentry Mode: According to federal statistics, there was an estimated one motor vehicle theft or attempted theft every 40.8 seconds in the United States in 2017— and that doesn’t...
Tesla hires Cookie Monster to demonstrate new Sentry Mode
Electrek · Fred Lambert · 14 hours ago
Tesla released a full demonstration of its new Sentry Mode car alarm system using none other than Cookie Monster from Sesame Street. more… The post Tesla hires Cookie Monster to demonstrate new Sentry Mode appeared first on Electrek....
Tesla's Model 3 was named the most satisfying car by Consumer Reports
INSIDER · Mark Matousek · 13 hours ago
Consumer Reports has named Tesla 's Model 3 sedan the most satisfying car. Survey respondents rated their vehicles based on their driving experience, value, comfort, styling, audio, and climate systems. Out of a possible 100 points, the Model 3 received 99 points for its driving experience, 84 points for comfort, and 67 points for value. Tesla 's Model S sedan also made the publication's top-10 list, ranking fifth. Consumer Reports has named Tesla's Model 3 sedan the most satisfying car. Tesla's Model S sedan also made the publication's top-10 list, ranking fifth. The list was compiled based on survey data...
Reports of a Model 3 leasing program could be a bad sign for Tesla investors
CNBC · Robert Ferris · 13 hours ago
Reports that Tesla might be starting a leasing program for its Model 3 sedan could be a bad sign for investors in the electric car maker, according to one analyst. The timing of the reports could be a sign that the gradual expiration of federal tax credits for Tesla vehicles could be hitting demand for the sedan, said CFRA analyst Garrett Nelson in a note published Wednesday. The reduction in the tax credits began this year. "While TSLA has meaningfully driven down vehicle unit costs in recent quarters, we have growing concerns regarding top-line results due to combination of moderating...
Tesla is the next Amazon, says shareholder who sees the stock hitting $4,000
MarketWatch · ShawnLanglois · 14 hours ago
‘Everybody is beginning to adjust for Musk... Having been a portfolio manager for many years, I know how to adjust to what different CEOs say given their personalities and their aspirations... The same thing was happening with Amazon for years. We were considered crazy, and yet now it seems so obvious. I think the same is going to be true of Tesla.’ That’s Tesla TSLA, -1.41% shareholder Cathie Wood of ARK Invest stating her extremely bullish take on the stock in a CNBC interview . She said that her bull case for Tesla in five years is $4,000 a share....
Tesla owners are more satisfied than any other auto brand's, according to Consumer Reports
INSIDER · Mark Matousek · 13 hours ago
Tesla customers are more satisfied than those of any other auto brand for the third consecutive year, according to Consumer Reports, which placed Tesla first on its 2019 list of auto brands ranked by owner satisfaction. Tesla received 89 out of 100 possible points for its owner satisfaction rating, which represents an average of all of an auto brand's models. Vehicle satisfaction scores are based on driving experience, value, comfort, styling, audio, and climate systems. Tesla customers are more satisfied than those of any other auto brand for the third consecutive year, according to Consumer Reports, which placed Tesla first...
Tesla’s Self-Driving system is coming by the end of the year but will require driver oversight, says Elon Musk
Electrek · Fred Lambert · 17 hours ago
Over the past few months, Elon Musk has been saying that Tesla is aiming to release its self-driving system by the end of 2019, but now the CEO adds that it will require driver oversight. more… The post Tesla’s Self-Driving system is coming by the end of the year but will require driver oversight, says Elon Musk appeared first on Electrek....
Elon Musk tweeted, then revised, Tesla financial guidance. He probably shouldn't have.
CNBC · Sara Salinas · 17 hours ago
Late Wednesday night, Elon Musk tweeted — then revised — projections for full-year Tesla manufacturing numbers. The CEO said Tesla would make "around" 500,000 vehicles in 2019, later clarifying he "meant to say" the company's annualized production rate at the end of 2019 could be around 500,000 vehicles — or a production rate of 10,000 cars per week. Total deliveries for the year are still estimated at 400,000, Musk said. second tweet The posts seem unoffensive by Musk's standards, given his penchant for inflammatory tweets. But the incident raises questions about the effectiveness of an SEC fraud settlement and attempts...
Elon Musk said Tesla will make 500,000 cars this year — and then immediately backtracked
INSIDER · Graham Rapier · 14 hours ago
Tesla CEO Elon Musk tweeted the company will make 500,000 cars in 2019, and then almost immediately retracted his claim. "Meant to say annualized production rate at end of 2019 probably around 500k, ie 10k cars/week," Musk said. In October, Tesla agreed to establish more oversight on Musk's communications. Also on Wednesday, Tesla confirmed its top lawyer is departing after less than two months with the company. Elon Musk backtracked, Tuesday evening, on claims he made about Tesla's expected 2019 production and deliveries. Tesla's CEO originally tweeted that the automaker will "make around 500,000" cars in 2019, before correcting himself...
Tesla is open to sharing Autopilot with other automakers, says Elon Musk
Teslarati · Simon Alvarez · 17 hours ago
In his recent guest appearance at ARK Invest’s weekly For Your Innovation podcast, Elon Musk stated that Tesla is open to the idea of sharing its Autopilot software with other automakers. While conversing with ARK CIO Cathie Wood and analyst Tasha Keeney, Musk described Tesla’s terms for other carmakers who wish to use Autopilot software, as well as the company’s experiences with other automakers that have looked into adopting the driver-assist system in the past. Musk maintained that while Tesla is willing to share its software with other companies, other automakers have not been easy to work with. For one,...
Bird poop and dust could seriously complicate Elon Musk and SpaceX's latest plan to reach Mars
INSIDER · Dave Mosher · 14 hours ago
SpaceX , the aerospace company founded by Elon Musk , is developing a rocket ship to ferry people to the moon and Mars . Musk said Starship will have a heat shield that "bleeds" fuel during landing to protect itself from superheated plasma. However, aerospace experts say pores that ooze coolant might clog easily , compromising such a heat shield. Over the past few months, Elon Musk has been revealing new details about SpaceX's upcoming launch system, called Starship. Musk has said the new launch vehicle, which he and engineers recently redesigned , will eventually replace all of the company's...
Stock Market News: Pot Stocks Perk Up While Tesla Loses Its Top Lawyer
The Motley Fool · Dan Caplinger · 14 hours ago
The stock market was pretty quiet on Wednesday morning, as many investors waited to get more clarity on how the most recent meeting of the Federal Open Market Committee went before making big bets on the future direction of the financial markets. As of 11:30 a.m. EST, the Dow Jones Industrial Average ( DJINDICES:^DJI ) was up 16 points to 25,907. The S&P 500 ( SNPINDEX:^GSPC ) climbed 3 points to 2,782, while the Nasdaq Composite ( NASDAQINDEX:^IXIC ) was higher by 19 points to 7,506. Many stocks made big moves after revealing their latest financial results, but a couple...
Here’s What MKBHD Learned About Tesla Repair Process: Video
Inside EVs · STEVEN LOVEDAY · 14 hours ago
Marques Brownlee’s Tesla Model S “Apollo” has been resurrected. If you’re not aware, back in November, a truck hit tech guru MKBHD’s Tesla Model S . Needless to say, it ended up in the shop for quite some time, with about $40,000 worth of damage. Clearly, Brownlee wasn’t thrilled about having Apollo out of commission and unavailable for three months. However, it opened up an opportunity for him to share the situation, and more specifically, the repair process with us. For those unfamiliar with Marques Brownlee ( MKBHD ), he has single-handedly established a YouTube channel with a massive amount...
We Can't Stop the Insane Elon Musk, PewDiePie, and Justin Roiland Crossover
Inverse · Corey Plante · 14 hours ago
E lon Musk is about to do another crossover with Rick and Morty , and this time, the dubious meme lord PewDiePie is expected to join. Together, it’s an unholy alliance that might just cause the internet’s collective head to explode. But is the eccentric, nerdy billionaire just making a trolling joke? One thing’s for sure, it’s tragically too late for us to do anything to stop Musk, PewDiePie, and Justin Roiland from gathering in one place, according to a recently shared image on Twitter. On Monday, Elon Musk posted a bizarre tweet that reads, “Did meme review last night...
Elon Musk: Bitcoin is brilliant but it’s not for Tesla
MarketWatch · AaronHankin · 16 hours ago
Not one to shy away from controversy, Elon Musk weighed in on one of, if not the most, divisive topics in finance today: Bitcoin. Speaking with Cathie Wood of ARK Invest on a Tuesday podcast , Musk, the co-founder and chief executive of electric car maker Tesla Inc. TSLA, -0.49% was asked to “go off topic” and offer up some thoughts on the most famous cryptocurrency. “I think the bitcoin structure is quite brilliant. but I’m not sure that it would be a good use of Tesla’s resources to get involved in crypto,” he told Wood. ‘I think the bitcoin...
Tesla’s general counsel departs after short tenure; veteran employee takes over
Teslarati · Simon Alvarez · 16 hours ago
Tesla ( NASDAQ:TSLA ) has stated on Wednesday that the its general counsel, Dane Butswinkas, is leaving the company to return full-time to his private practice at Williams & Connolly, effective immediately. The trial lawyer would be replaced by Jonathan Chang, a nearly eight-year Tesla veteran who is serving as a vice president in the company’s legal department. In a statement about his departure, Butswinkas noted that while he is departing from his post as general counsel, he is looking forward to working with Tesla as an outside counsel. “I’m grateful for the opportunity over the past seven months to...
Tesla To Hit Annualized Production Rate Of 500,000 By End Of 2019
Inside EVs · Mark Kane · 16 hours ago
One-half of a million electric cars would be quite an achievement Elon Musk expects that the annualized production rate of Tesla electric cars at the end of 2019 will reach about 500,000. In terms of weekly output, it would be around 10,000 cars per week. The production will be mostly at Tesla’s factory in Fremont, California, but by that time a small mount production of the Tesla Model 3 could start in China too. In 2018, Tesla produced 254,530 cars, which was 152% more than in 2017. “Tesla made 0 cars in 2011, but will make around 500k in 2019”...
Tesla Model 3 Employee Leasing Coming Soon, General Public Later
Inside EVs · Steven Loveday · 15 hours ago
Soon we may know if offering Tesla Model 3 leasing will spike demand. Tesla is well aware that people are eagerly awaiting a time when they can lease the Model 3. Many people have wondered why Tesla has waited to take advantage of this potential boost. Some have speculated that once the popular all-electric sedan is available for lease, demand will go through the roof. We are not financial gurus at InsideEVs, but we can tell you that Tesla has waited because, while leasing will spike demand and “sales,” it’s not as pretty as actual sales on the automaker’s balance...
Spectacular Aerial Image Shows 4,000 Tesla Ready For Europe
Inside EVs · Mark Kane · 16 hours ago
Army of electric cars Elon Musk shared a photo of approximately 4,000 Tesla cars. These cars are loading up in San Francisco with a destination of Europe. We assume that most of those cars are Model 3. Tesla already shipped some 1,400 Model 3 and 350 Model S to Europe, according to enthusiasts who were at the port of Zeebrugge in Belgium. At this point, we don’t know how many other ships already sent with Model 3 to Europe and to China, but it seems that deliveries are progressing. Tesla Model 3 in Europe Tesla's Largest German Customer Gets First...
Tesla’s top lawyer to depart after two months in the job
Financial Times · 17 hours ago
Tesla legal veteran Jonathan Chang to replace Dane Butswinkas as general counsel...
Tesla's General Counsel is out after just 2 months
INSIDER · Linette Lopez · 16 hours ago
After just 2 months as Tesla's top lawyer, Dane Butswinkas will return to Williams & Connely full time, according to the WSJ. Butswinkas said he would continue to work for Tesla outside the company. Jonathan Chang, who has been at Tesla nearly eight years, will replace Butswinkas. Just last week Tesla's VP of global recruitment also left the company, another in a year-long string of departures. Tesla's General Counsel has stepped down after just two months with the company, the Wall Street Journal reports. Dane Butswinkas joined the electric car maker in December. He will return to Washington to work...
Tesla Registered 13,225 New Model 3 VINs
Inside EVs · Vanja Kljaic · 17 hours ago
Out of 13,225, VINs registered, around 3 percent are the Dual Motor versions of the Model 3 and around 6 percent are international Tesla is ploughing along with their Model 3. In the most recent update by Model3VINs, a Twitter profile dedicated to reporting new Model 3 VIN registration, the number of these registered is really impressive. According to a recent Tweet, the U.S based carmaker registered 13,225 VINs in the most recent registration batch. Out of that number, around 3 percent is taken by the Dual Motor version. Furthermore, it is believed that around 6 per cent of these...
If it has to be said out loud...(Tesla edition, part deux)
Financial Times · 17 hours ago
Tesla's general counsel resigns after two months on the job, for pastures familiar....