Tag: Model X

Elon Musk (Scott Olson / Getty)

Elon Musk, Tesla Promises to Increase Production by 1100%

Despite Tesla Motors Inc. never meeting any unit production targets or making a profit in the last five years, CEO Elon Musk told shareholders this week that through the magic of physics, he will revolutionize the auto industry to increase production by 1,100 percent, and profitably.

Tesla being towed to dealer.

Tesla Missed Q1 Delivery Target by 10%

The $12.6 billion in pre-orders for the Tesla Model 3 on Mar. 31 demonstrates that Tesla Motors Inc. can produce incredible hype. But a day later, the company filed disclosure with the SEC admitting that it missed first quarter vehicle deliveries by almost 10 percent.

Tesla being towed to dealer.

Tesla Leaks Model X Super Bowl Ad

Instead of paying the record-breaking $4.5 million for a 30-second Super Bowl XLIX ad in hopes of going viral, Tesla apparently leaked a cell phone video of its blazingly fast Model X crossover, ripping it on a California pier and dominating downloads over the weekend.