Posts Tagged: Tesla

Engineering director leaves Tesla for medical delivery service Zipline

As an Engineering Director at Tesla, Joe Mardall led the development of a heat pump system that has been lauded as one of the most innovative new features of Model Y. Now Mardall has resigned his position at the California carmaker to become Head of Engineering at Zipline, a drone maker and aerial delivery service… Read more »

Outsider joins the establishment: S&P 500 index welcomes Tesla

S&P Dow Jones Indices has announced that Tesla will be added to the benchmark S&P 500 index. “TSLA will be added to the S&P 500 effective prior to the open of trading on Monday, December 21, to coincide with the December quarterly rebalancing effective date,” the financial institution drily proclaimed. The California carmaker’s market cap… Read more »

Truck leasing firm orders 150 Tesla Semi electric trucks

Tesla is using the same reservation system for the Tesla Semi as it has used for its previous vehicles. By requiring a cash deposit with each pre-order, the company is able to bring in some cash before it even begins production. It’s a model that other automakers can only envy (and it does benefit customers… Read more »

Judge dismisses Massachusetts auto dealers’ lawsuit against Tesla

The good news just keeps rolling in for Tesla. This week a Massachusetts Superior Court judge dismissed a lawsuit that the Massachusetts Automobile Dealers Association had filed against the company, based upon the auto dealers’ lack of standing and failure to state a claim. Tesla plans to build its own network of stores, rather than… Read more »

Obama agrees to investigation of DoE loans

The Obama administration has agreed to a complete third-party review of all the Department of Energy loans that have recently kept the electric teapot on the boil. Of course, the star of the show will be the half billion bucks that swirled with stinky solar startup Solyndra. Also under the mediascope will be loans to… Read more »