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News

Tesla lost $717 million but vows to make a profit next quarter

Published: 
Fri, 08/03/2018 - 6:41pm

Tesla reported another big loss for the second quarter. But it burned less cash along the way to ramping up production of its “bet the company” electric sedan, the Model 3.

News

Musk declares Tesla 'just became a real car company.' But can it keep building Model 3 vehicles at this pace?

Published: 
Mon, 07/02/2018 - 2:48pm

Tesla Inc. reached a milestone crucial to Elon Musk’s goal to bring electric cars to the masses — and earn some profit in the process — by finally exceeding a long-sought production target with the Model 3. By building more than 5,000 of the sedans in the last week of the second quarter, Tesla “just became a real car company,” the chief executive said in an internal email Sunday obtained by Bloomberg News.

News

Santa Monica proposes tougher rules for Bird and other scooter rental companies

Published: 
Tue, 06/12/2018 - 2:32pm

When the electric scooters descended on Santa Monica in September, the city wasn’t prepared.

News

What happened to the 'affordable' $35,000 Tesla Model 3?

Published: 
Wed, 05/23/2018 - 6:51pm

It's March 2016. Tesla Chief Executive Elon Musk is on stage for the dramatic unveiling of the Tesla Model 3.

News

JetSuite strikes a deal for hybrid electric planes with start-up Zunum Aero

Published: 
Wed, 05/23/2018 - 6:49pm

Irvine charter jet operator JetSuite will add hybrid electric planes to its fleet starting in 2022. It is the first substantial commercial order of an aircraft technology that could cut fuel costs and emissions, and make flights quieter.