US electric car maker Tesla wants to dramatically expand production to meet demand for its new Model 3. The company has hired longtime Audi executive Peter Hochholdinger to help realize the ambitious plans.
Electric carmaker Tesla has again pushed back the time-frame for ramping up production of the closely-watched Model 3 sedan, after reporting significantly lower deliveries than forecast for the last quarter of 2017.
Silicon Valley entrepreneur Elon Musk's Tesla company keeps facing a crucial test in its growth strategy as it ramps up its e-car production. But bottlenecks at its battery factory have caused a record loss.
Tesla CEO Elon Musk has opened a new chapter in his book of visions as he unveiled a prototype electric big-rig truck that aims to throw Tesla into a new market even as it struggles to roll out an affordable sedan.
The e-car pioneer has announced it wants to raise more than a billion dollars in fresh debt obligations under efforts to strengthen its balance sheet ahead of mass-producing its latest Model 3 sedan.
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