Categories Tesla Model 3

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Tesla employees who don’t return to work could lose unemployment benefits

Furloughed Tesla employees who are called back to work could lose unemployment benefits if they choose to stay at home due to COVID-19 concerns, the company’s head of human resources Valerie Workman wrote in an email sent to workers Wednesday. The internal email, which was viewed by TechCrunch, suggested that […]

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Tesla turns Q1 profit on cost reductions, rising car margins, credits

Tesla reported Wednesday that it earned $16 million and generated $5.985 billion in revenue in the first quarter, results buoyed by improved automotive margins and reductions in operating expenses. Tesla’s first quarter earnings were lower than the fourth period as the COVID-19 pandemic disrupted operations and dampened sales. But the […]

Polestar’s first all-electric vehicle will start at $59,900 in the US

Polestar, the electric performance brand spun out of Volvo, said the base price of its first all-electric vehicle will be $59,900 in the United States, lower than originally targeted. The 2021 Polestar 2, an electric performance fastback, is the first EV to come out of a brand that was relaunched three […]

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Tesla orders factory workers to come to work in spite of shelter in-place directive

Tesla will continue to keep its Fremont, Calif., factory open for production, because it has had “conflicting guidance from different levels of government” over whether it could operate during a shelter-in place order in Alameda County, according to an email sent to employees Wednesday by the company’s human resources department. […]