Palo Alto Newswire

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Results 1 - 20 of 26 for "u:washpost.bloomberg.com" in Palo Alto, CA

  1. Tesla Slams Racial Bias Lawsuit as `Hotbed of Misinformation'Read the original story

    Nov 15, 2017 | The Washington Post

    Tesla Inc. posted a lengthy rebuttal to a high profile lawsuit alleging racist behavior, saying the company is "absolutely against any form of discrimination, harassment or unfair treatment." The blog post, published late Tuesday, is a fiery response to a lawsuit filed Monday by Marcus Vaughn, an African-American worker at Tesla's Fremont, California, factory from April until October.

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  2. Musk Still in Production Hell as Gigafactory Delays Model 3Read the original story

    Nov 2, 2017 | The Washington Post

    Tesla Inc. still hasn't figured out how to overcome manufacturing challenges that threaten its viability, with battery factory-line glitches delaying production of its cheapest car. The electric-car maker won't build 5,000 units per week of its Model 3 sedan until sometime in March, three months later than planned.

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  3. Tesla Delays Model 3 Goals After Record Cash BurnRead the original story w/Photo

    Nov 1, 2017 | The Washington Post

    Tesla Inc. delayed a production target for its critical Model 3 sedan as manufacturing setbacks led the Elon Musk-run carmaker to burn through a record amount of cash. The company now expects to make about 5,000 units of its cheapest car per week late in the first quarter of 2018, rather than by the end of this year, the chief executive officer said in a letter to shareholders Wednesday.

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  4. Tesla's Solar Installations Fall But More People Opt to Buy ThemRead the original story

    Nov 1, 2017 | The Washington Post

    Tesla installed 109 megawatts of energy-generation systems in the third quarter, according to a statement Wednesday from the Palo Alto, California-based company. That's down from the 187 megawatts of panels that SolarCity deployed in the same period last year, its final quarter before it was acquired.

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  5. Tesla Calls on U.S. to Drop Perry's Plan to Rescue Nukes, CoalRead the original story

    Oct 24, 2017 | The Washington Post

    Elon Musk's Tesla Inc. waded into an intensifying debate on Monday over whether U.S. coal and nuclear power plants should be paid for their ability to supply around-the-clock power. U.S. Energy Secretary Rick Perry laid out a plan last month to create special payments for plants capable of stockpiling 90 days' worth of fuel at their sites.

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  6. Auto Suppliers Jump on Report Tesla to Fully Own China PlantRead the original story

    Oct 23, 2017 | The Washington Post

    Auto-parts suppliers shares jumped in Asian trading after Wall Street Journal reported that Tesla Inc. reached an agreement with Shanghai's government to build a fully owned manufacturing facility in the city's free trade zone. "As far as I know, there is no such agreement," Guo Lei, an official at Shanghai's Economy and Information Technology Commission who is in charge of new-energy vehicle projects, said in a phone interview Monday.

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  7. Puerto Rico Lays Out Energy Future With Tesla, PrivatizationRead the original story

    Oct 23, 2017 | The Washington Post

    A Puerto Rican official who has been in talks with Tesla Inc. said the island is serious about transforming its energy infrastructure after it was leveled by Category 4 Hurricane Maria, despite questions about how such an overhaul would be funded. Speaking in a telephone interview Sunday, Department of Economic Development and Commerce Secretary Manuel Laboy said Puerto Rico's government understands its skeptics: The island's finances are shot and its electricity system is in tatters.

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  8. Tesla Suppliers Jump After China Production Commitment AffirmedRead the original story

    Oct 22, 2017 | The Washington Post

    Tesla Inc. suppliers jumped in Asian trading after the electric-car maker reaffirmed its commitment to finalize plans for manufacturing in China by year-end, potentially becoming the first foreign automaker with wholly owned production in the world's biggest car market. Auto-parts maker Ningbo Xusheng Auto Technology Co.

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  9. Tesla, Shanghai Agree on Wholly Owned Facility, WSJ SaysRead the original story

    Oct 22, 2017 | The Washington Post

    Tesla Inc. has reached an agreement with the Shanghai government to set up its own manufacturing facility in the city, the Wall Street Journal reported Sunday, citing people briefed on the plan. The Palo Alto, California-based carmaker is working with the local government on the timing and details of an announcement, the people told the newspaper.

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  10. Tesla Model 3 Reliability Likely to Be Average, Consumer Reports SaysRead the original story w/Photo

    Oct 19, 2017 | The Washington Post

    Consumer Reports made the prediction based on the amount of technology the Model 3 shares with the larger Model S sedan, which the magazine's subscribers rated above average for the first time in an annual survey. Tesla still ranks among the bottom third of the 27 brands, due to continued struggles with its The closely watched source of product recommendations is making a forecast Musk will be able to hit the mark with the first model he's attempted to mass manufacture.

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  11. Tesla Fires Workers in Wake of Annual Performance EvaluationsRead the original story

    Oct 14, 2017 | The Washington Post

    Tesla Inc. has fired an undetermined number of employees following a series of performance evaluations after the company significantly boosted its workforce with the purchase of solar panel maker SolarCity Corp. The departures are part of an annual review, the Palo Alto, California-based company said in an email, without providing a number of people affected. The maker of the Model S this week dismissed between 400 and 700 employees, including engineers, managers and factory workers, the San Jose Mercury News reported on Oct. 13, citing unidentified current and former workers.

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  12. Tesla's Model 3 Bottlenecks Delay Unveiling of Semi TruckRead the original story w/Photo

    Oct 6, 2017 | The Washington Post

    Tesla Inc. pushed back the reveal of its semi truck by three weeks as Chief Executive Officer Elon Musk focuses on boosting production of the cheaper sedan that the electric-car maker is counting on to dramatically increase sales. tweet Friday.

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  13. Tesla's Model 3 Delays Don't Faze InvestorsRead the original story w/Photo

    Oct 3, 2017 | The Washington Post

    Tesla Inc.'s plodding start with its newest electric car were backed up by the newest analyst to start covering the company, who instantly became the biggest bull on Wall Street. "unprecedented run-up" in revenue in his first report on the company Tuesday.

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  14. Tesla Falters With Model 3 as Initial Output Trails ForecastRead the original story

    Oct 3, 2017 | The Washington Post

    Tesla Inc. struggled to produce its cheapest model shortly after the car debuted, setting back Chief Executive Officer Elon Musk's mission to reach mainstream consumers. The automaker built only 260 Model 3s during the quarter ended in September, less than a fifth of its 1,500-unit forecast.

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  15. Lyft Enlists Ford to Help Get Self-Driving Cars on the RoadRead the original story

    Sep 27, 2017 | The Washington Post

    Ford Motor Co. and Lyft Inc. have agreed to team up on developing and deploying autonomous vehicles, sealing the latest alliance intended to popularize self-driving cars.

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  16. Hewlett Packard Enterprise Is Said to Plan About 5,000 Job CutsRead the original story

    Sep 21, 2017 | The Washington Post

    Hewlett Packard Enterprise Co. is planning to cut about 10 percent of its staff, or at least 5,000 workers, according to people familiar with the matter, part of a broader effort to pare expenses as competition mounts.

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  17. Tesla Worker Says Firing Timing Denied Him Lucrative SharesRead the original story

    Sep 20, 2017 | The Washington Post

    Platt had been offered 2,500 shares of Tesla common stock when he accepted the job, a quarter of which were slated to vest 12 months after the first day of his employment. Platt alleges he had completed exactly a year of work on the date of his termination and should have been allowed to purchase the shares.

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  18. GM's Record Deliveries in China Mask Muted Electric-Car SalesRead the original story

    Sep 18, 2017 | The Washington Post

    General Motors Co. is delivering millions of cars a year in China, its largest market.

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  19. GM's Record China Deliveries Mask Muted Electric Car SalesRead the original story

    Sep 15, 2017 | The Washington Post

    General Motors Co. is delivering millions of cars a year in China, its largest market.

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  20. Tesla Targets City Centers for Supercharger Network ExpansionRead the original story

    Sep 11, 2017 | The Washington Post

    Tesla Inc. is trying to make it easier for city dwellers without plugs at home or at work to own its electric cars, targeting city centers with the expansion of its supercharger network. The first of Tesla's new urban stations to open for charging Monday will be a 10-stall location in Chicago and an eight-stall site in Boston, according to a company blog post.

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