Tesla overwhelms China car carriers with Model 3 end of quarter push

By Simon Alvarez Posted on March 27, 2019 Car carrier rental companies in Shanghai are starting to feel what it’s like to be part of Tesla’s end of quarter push. Recent reports from the country indicate that Tesla has been moving so many Model 3 sedans in China; car carrier rental companies in Shanghai are …

Tesla victorious after judge dismisses lawsuit claiming Model 3 production fraud

By Dacia J. Ferris Posted on March 25, 2019 A securities fraud lawsuit filed by shareholders against Tesla in 2017 claiming misleading comments previously made about Model 3 production readiness has been dismissed by U.S. District Judge Charles Breyer of the Northern District of California. This is the second time the shareholders’ lawsuit was dismissed, …

Tesla’s online-only sales model defended by used car dealer Carvana CEO

By Simon Alvarez Posted on March 8, 2019 Tesla’s decision to adopt an online-only model to sell its electric cars was recently defended by Carvana CEO Ernie Garcia, who went on CNBC’s Squawk Alley to discuss the electric car maker’s new sales strategy. Garcia noted that while Tesla will face challenges resulting from the shift …