Tesla turned a profit of $104 million in the second quarter of 2020. “As a result, Tesla has now been profitable for four straight quarters for the first time in company history — an elusive benchmark the company has long sought,” reports The Verge. The company also announced it will build its newest Gigafactory near Austin, Texas. CNBC reports: The area…
Tag: fremont
Tesla Drops Lawsuit Against Alameda County Over Freemont Factory Reopening
Tesla has officially dismissed a lawsuit filed earlier this month against Alameda County that sought to force the reopening of its factory in Fremont, Calif. TechCrunch reports: The dismissal, which was granted Wednesday, closes the loop on a battle between Tesla CEO Elon Musk and county health and law enforcement officials. The lawsuit, filed May 9 hours after Musk threatened to…
‘The Matrix’ Co-Founder Slams Ivanka Trump and Elon Musk
Andrew Pulver writes via The Guardian: Film-maker Lilly Wachowski has responded to Elon Musk and Ivanka Trump after the pair bantered on social media using a phrase from the Wachowskis’ hit 1999 film, The Matrix. After Musk tweeted “Take the red pill” — referring to a key scene in The Matrix, which subsequently gave rise to the phrase “redpilling” as an…
Small Protest Outside Tesla Plant Calls For Arrest of Elon Musk
A small group of protesters “rallied outside Tesla’s Fremont manufacturing plant Saturday, calling for CEO Elon Musk to be arrested and jailed,” reports a local Bay Area news site:
Carlos Gabriel is an employee, and has refused to return to work. “I’m worried for my health,” said Gabriel. Gabriel is worried about the spread of COVID-19 and the difficulty of social distancing…
Trump Wants California To Let Automaker Tesla Reopen Assembly Plant
U.S President Trump on Tuesday tweeted that Tesla should be allowed to reopen its electric vehicle assembly plant in California, joining CEO Elon Musk’s bid to defy county officials who have ordered it to remain closed. “California should let Tesla & @elonmusk open the plant, NOW. It can be done Fast & Safely!” Trump wrote on Twitter. Musk tweeted “Thank you!”…
Elon Musk Restarts Tesla Factory In Defiance of County Orders
Tesla CEO Elon Musk said Monday that the company’s factory in Fremont, California is open and has restarted production despite a stay-at-home order issued by Alameda County. TechCrunch reports: Musk said in tweet Monday afternoon that he will “be on the line,” a reference to the assembly line at the factory where Tesla makes the Model X, Model S, Model 3…
Tesla Files Lawsuit Demanding Reopening of Plant As Musk Faces Criticism
Because a California county is preventing Tesla from reopening its plant, “The County’s position left us no choice but to take legal action,” Tesla announced Saturday. Reuters reports:
Tesla filed a lawsuit against the county in San Francisco federal court on Saturday, calling the continued restrictions a “power-grab” by the county since California’s governor had said on Thursday that manufacturers in the…
Elon Musk Threatens to Move Tesla’s HQ After County Blocks Its Reopening
Saturday Elon Musk announced he’d “immediately” relocate Tesla’s headquarters and “future programs” to Texas and Nevada, reports Ars Technica. While California lifted its restrictions on manufacturers and businesses, the county of Alameda (where Tesla is located) says the company’s manufacturing plant does not yet meet the county’s requirements for safely reopening. “Frankly, this is the final straw,” Musk tweeted. Musk also…
Automakers, Tesla and SpaceX Explore Working on Ventilators
“Just had a long engineering discussion with Medtronic about state-of-the-art ventilators,” Elon Musk tweeted on Saturday. Medtronic tweeted that the talks also involved Tesla. And TechCrunch notes that Musk tweeted on Friday that both Tesla and SpaceX employees are “working on ventilators…”:
His confirmation on Twitter that both of the companies he leads are working on ventilators comes a day after New…