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CFOs Vow to Boost Tech Influence in 2023
Greater vigilance in overseeing technology strategy shapes up as a key priority for the coming year.
By
David McCann
| February 6, 2023
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Model 3
Strategy
Tesla Delivers First ‘Made in China’ Vehicles
With the deliveries from the Shanghai plant, "China-made Model 3 vehicles will start running on China’s large streets and small lanes."
By
Matthew Heller
| December 30, 2019
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Financial Performance
Tesla Shares Jump 20% on Surprise Q3 Profit
The car maker said it removed substantial costs from its business during the quarter and delivered a record number of vehicles.
By
Matthew Heller
| October 24, 2019
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Financial Performance
Tesla Stock Dives on ‘Demoralizing’ Q2 Results
Despite record deliveries, the company posted a larger-than-expected loss as rising costs weighed on profitability.
By
Matthew Heller
| July 25, 2019
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People
Tesla CFO Ahuja’s Retirement Stuns Wall St
Deepak Ahuja's departure overshadowed Tesla's Q4 results, with one analyst calling it a “significant loss of institutional knowledge.”
By
Matthew Heller
| January 31, 2019
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Strategy
Tesla to Slash Full-Time Workforce by 7%
CEO Elon Musk says costs must be cut because "our products are still too expensive for most people.”
By
Matthew Heller
| January 18, 2019
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People
Tesla CAO Morton Quits After a Month on Job
Dave Morton's resignation "comes at a particularly precarious financial time" for the automaker.
By
Matthew Heller
| September 7, 2018
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Financial Performance
Tesla Shares Jump 16% Despite Record Loss
The automaker predicts it can produce 7,000 vehicles per week, which would enable it "to become sustainably profitable for the first time in our history."
By
Matthew Heller
| August 3, 2018
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Investor Relations
Three Questions to Ask about Tesla
Will Elon Musk succeed with his strategy of wooing investors with promises for the future and one shiny new object after another?
By
Vitaliy Katsenelson
| August 1, 2018
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Strategy
Tesla to Cut 9% of Workforce in Profit Push
"It is clear that Tesla is under tremendous pressure to finally turn a profit and is attempting to address it by cutting overhead."
By
Matthew Heller
| June 13, 2018
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Credit
Moody’s Cuts Tesla Rating on Model 3 Woes
The downgrade to a B2 rating reflects "the significant shortfall in the production rate" of the Model 3 vehicle and liquidity pressures, Moody's says.
By
Matthew Heller
| March 27, 2018
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Credit
Tesla Offers $1.5B in Junk Bonds to Raise Cash
The company's first junk issue is a bet that "bond investors will be as hungry as stock investors to back" Tesla as it ramps up production of the Model 3.
By
Matthew Heller
| August 7, 2017
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