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Tesla Posts $743 Million Loss As It Expects To Make Average Of 4000 Model 3s Per Week
Tesla Model 3Photo: Justin Westbrook (Jalopnik) Tesla on Wednesday said it expects to make as many as 55,000 Model 3 sedans in the third quarter of 2018, a clip of about 4,000 per week. The automaker also reported that it earned $US4 billion in revenue in the second quarter, while posting a net loss of…
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Get A Load Of This Ridiculous Story About How Elon Musk Called A Tesla Critic’s Boss To Complain About Him
Very very busy CEO Photo: Mark Brake (Getty) When you’re immersed in the toxic sideshow that is the ongoing debate between Tesla’s bears and bulls, it’s common to feel like whatever’s happening with the automaker — production problems, the CEO baselessly calling someone a pedophile — can’t get any stupider. But we may have just…
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Tesla’s Alleged Saboteur Is Doubling Down
Tesla sued Martin Tripp last month Photo: David Zalubowski (AP) A former Tesla technician accused by the automaker of stealing reams of confidential data and leaking it to outside sources now has an attorney, and he’s doubling down on his allegation that Tesla made misstatements to investors about placing punctured batteries into Model 3s that…
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Why Volvo’s Auto-Braking System Might Have Kept The Self-Driving Uber Crash From Being Fatal
An Uber-owned Volvo XC90Photo: Gene J. Puskar (AP) The reason an Uber self-driving car fatally struck a pedestrian in March is coming into sharper focus, thanks to the release of a preliminary report on Thursday from the National Transportation Safety Board. But the agency’s findings raise a notable question: If the car (a Volvo XC90…