Elon Musk hints at Tesla’s profitable Q4, Mid Range Model 3’s int’l release

By Simon Alvarez Posted on January 18, 2019 Tesla stock (NASDAQ:TSLA) is down on early Friday trading amidst news of the company’s new round of layoffs, as well as the impending production ramp of the $35,000 Standard Range Model 3. The rationale behind the 7% job cuts was extensively explained by Elon Musk in an …

Ford commits to electric F-150 pickup truck as legacy auto buckles under EV pressure

By Simon Alvarez Posted on January 17, 2019 During a presentation at the Deutsche Bank Global Automotive Conference in the MGM Grand in Detroit, Jim Farley, Ford’s president of global markets, made a blockbuster announcement. After more than 40 years in the market, and amidst the impending arrival of vehicles like the Tesla pickup truck …

Tesla’s Referral Program will officially come to an end on February 1

Posted on January 16, 2019 Tesla CEO Elon Musk has confirmed that the company’s customer referral program will be coming to an end on February 1st. After a near 4-year run, Tesla’s widely popular referral program, which turned existing customers into hungry sales machines that were fueled by the lure of winning anything from a …