Elon Musk on Tesla (and Himself): 'We Were Huge Idiots'

Former Tesla Employee Blasted by Elon Musk Takes Battle to US SEC Filing Whistleblower Complaint

Tesla lost $710 million in its latest quarter, though it says it should turn profitable soon. On July 2, the company said it had made 5,031 Model 3s during the final week of June and 28,578 during the second quarter, more than it had made in the prior three quarters combined. Those have already prompted Tesla to raise its prices for Chinese consumers (more on that below).

Bullish on his Chinese dream, Tesla and SpaceX Founder Elon Musk on Thursday said he had excellent meetings with senior leaders and will aim to invest long-term in the country.

"NPRA said the current rules, which Tesla Norway could obtain permission to work in mobile vans, the company has the first of June".

Fremont workers were invited to sign a poster proclaiming Tesla's new "5K Club".

A Tesla spokesman confirmed that the company delivered its 200,000th vehicle in the USA this month, so the full $7,500 tax credit will remain in place until December 31.

The factory will alter the geopolitical terrain of battery production.

Former Napoli manager Sarri replaces Conte at Chelsea
Dries Mertens has told me he's a good coach. "You look at his persona and his disappointment when the transfer window occurred". If Conte receives the £9 million that he is entitled to if he does not work next season, it will take Chelsea's spending on...

Georgia cops flip a coin to decide whether to arrest motorist
This caused a big financial hardship to our family'. 'I couldn't believe what I was seeing, to be honest, ' Grant said. Roswell Police Chief Rusty Grant said an internal department source told him about the incident right before July 4.

Love Island: What is the real reason Samira Mighty quit?
In trying to explain the way their romance may have been perceived to the Islanders, new Jack says: 'We are going at our pace'. Frankie shared his excitement at seeing Samira again on social media yesterday, telling fans he couldn't wait to hug her.

Musk had hoped to make vehicle production faster and less expensive by significantly increasing the amount of automation Tesla used in its factories. The category - which includes battery-powered, plug-in hybrid and fuel-cell automobiles - reached 777,000 units a year ago and could surpass one million sales in 2018, according to the China Association of Automobile Manufacturers. The success of the tax credit as a policy decision will hinge on whether Tesla and its peers get there eventually.

Tesla is the first USA carmaker to trigger the reduced federal tax credit for electric vehicles, a phaseout triggered by it sales of 200,000 vehicles in the U.S.

The good news for Tesla is that milestone means it's sold a lot of cars.

Hundreds of customers are on the waiting list for the lower-priced Model 3 sedan, which becomes available in 2019, and the reduction of the tax credit could impact some buyers' ability to afford the vehicle. China retaliated by imposing an nearly identical tariff, meaning Chinese consumers who want to own a Tesla will have to spend an additional $30,000.

As electric vehicle manufacturer Tesla gets ready to deliver more and more of its mass-market Model 3 auto to waiting consumers, a new report sheds light on potentially unsafe working conditions at the company.

Related news:

Hot News

isis-killer-beheading-video-story-top Was Russia listening? Democrat hack followed Trump speech
Jul 15, 2018 - 02:30
But the meeting will go on, the White House said, and Trump will spend the next two days taking "meetings" and playing golf. Trump's lawyer, Rudy Giuliani , said on Twitter that the indictments were "good news for all Americans".

Trump says US-UK relationship ‘highest level of special’
Jul 15, 2018 - 02:22
After publicly criticising British Prime Minister Theresa May's Brexit strategy, U.S. President Donald Trump said on Friday that the relationship was "very, very strong".

Ryanair cancels 30 flights as pilots strike in Ireland
Jul 15, 2018 - 02:21
Ryanair said that if the pilots wanted to stage more unsuccessful strikes, so be it - but said it remained available for talks. That is just ahead of planned strikes by cabin crew in Spain Italy, Portugal and Belgium on 25 July and 26 July.

isis-killer-beheading-video-story-top Hazard and Belgium too good for England in World Cup play-off
Jul 15, 2018 - 01:43
DF Harry Maguire, 6 - Not his best defensive display, even if there is no shame in being tormented by Hazard and De Bruyne . Belgium are the third best team at the 2018 Fifa World Cup after a 2-0 win over England in Saturday's third-place play-off.

isis-killer-beheading-video-story-top Kate Middleton Wore The Same Designer To All of Her Kids' Christenings
Jul 14, 2018 - 02:09
The royal fab four made an appearance the 100th birthday celebrations of the Royal Air Force at Westminster Abbey on Tuesday. Photos from the christening of Prince Louis showed that if anyone was nervous before the ceremony in the chapel Royal St.

isis-killer-beheading-video-story-top NBA Reports: Isaiah Thomas headed to the Nuggets
Jul 14, 2018 - 01:59
Thomas has been dealing with the lingering effects from right hip surgery he underwent in 2017, as well as a torn labrum. He averaged 15.6 points per game on 38.3 percent shooting from the field and 32.7 percent shooting from 3-point range.

isis-killer-beheading-video-story-top Top 5 matches between Rafael Nadal and Novak Djokovic
Jul 14, 2018 - 01:16
The length of the first semifinal means that Djokovic's matchup with Nadal will be played under the lights on Centre Court. A set apiece, both won 6-4, ensured the match went to a decider, but Nadal held his nerve in a marathon final set.

isis-killer-beheading-video-story-top Roger Federer out of Wimbledon after five-set loss to Kevin Anderson
Jul 14, 2018 - 01:08
Djokovic hasn't made a Grand Slam semifinal since the 2016 US Open (when he lost in the finals). He added: "I played very well in Queen's (where he finished runner-up) coming into Wimbledon ".

isis-killer-beheading-video-story-top West Nile found in Chatham County; How about Beaufort County?
Jul 14, 2018 - 01:03
Symptoms of West Nile virus include fever, headache, nausea, vomiting, a rash, muscle weakness, or swollen lymph nodes. What Are the Symptoms of West Nile? The incubation period for the virus is anywhere from three days to two weeks.

isis-killer-beheading-video-story-top Thai Navy SEALs Share New Cave Rescue Video
Jul 13, 2018 - 19:58
But despite his selfless act, Volanthen insisted that he was not a national hero - and that anyone else would have done the same. Rick Stanton denied he was a hero and said he was using a "very unique skill set" to "give something back to the community".

isis-killer-beheading-video-story-top Prince Harry doesn't want big family
Jul 13, 2018 - 19:58
As Travel + Leisure previously reported, the Duchess' stylish wardrobe has cost the royal family an estimated $1 million. Meanwhile, Harry looked dapper in a grey suit with a matching white shirt for the occasion.

Twitter purge hits Uhuru Kenyatta, Ruto and bloggers Nyakundi, Dela
Jul 13, 2018 - 19:57
Twitter said it expects the initiative to reduce the total follower count on the platform by a significant 6%, the Times reports. Obama , who had 104 million Twitter followers prior to the crackdown, had roughly 101 million as of Thursday afternoon.

isis-killer-beheading-video-story-top Dictionary.com Fact-Checks Forbes’ Claim That Kylie Jenner Is ‘Self-Made’
Jul 13, 2018 - 19:54
Increasingly these self-made starters are tapping social media to cement their brands and build businesses ever more quickly. Kylie Jenner is recieving backlash on social media after Forbes called her a "self-made biilionaire".

isis-killer-beheading-video-story-top England captain Harry Kane hurt by loss to Croatia
Jul 13, 2018 - 19:53
Without the ball in the first half, the English deployed a 5-3-2/ 4-4-2 formation which had a telling effect on the Croats. The goal breaks the record of 8 set piece goals which was jointly held by England and Portugal in 1996.

isis-killer-beheading-video-story-top Adam 'Pacman' Jones allegedly attacked at airport
Jul 12, 2018 - 05:15
Jones has always been a talented player, but a temperamental one on and off the field, which has led to some issues. As video footage reveals, Ragin, wearing his orange airport vest, came after Pacman and was looking for a fight.