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Tesla Buyers Complain About Delivery Time While Company Struggles to Meet Production Goals

As Tesla struggles to exit “production hell,” customers are beginning to complain about the long wait times to receive the vehicles they paid for. The LA Times reports that as Tesla struggles to meet production goals, some customers are becoming increasingly annoyed by the wait times to receive their vehicles. According to the Times: There’s no […]

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Tesla Loses Another Financial Executive

Troubled electric car maker Tesla has lost another top finance executive. Justin McAnear, the company’s vice president of worldwide finance and operations, is leaving the company. The story was first reported by Bloomberg News and later confirmed by Tesla. “Several weeks ago, I announced to my team that I would be leaving Tesla because I […]

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Jim Cramer Suggests Elon Musk go on Medical Leave: ‘I’m Worried about the Guy’

CNBC Mad Money host Jim Cramer on Tuesday suggested Tesla CEO Elon Musk take a medical leave of absence from the embattled electric car company, citing the embattled billionaire’s recent “self-destructive” behavior. “I’m worried about the guy,” Cramer told Squawk on the Street panelists. “Medical leave is fine. I think the board puts him on medical leave. […]

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Wealth Management Firm: Tesla Is the ‘Absolute Epitome of Instability’

The President and CEO of wealth management firm Strategic Wealth Partners warned in a recent interview that Tesla stock was the “absolute epitome of instability.” Tesla and its CEO Elon Musk have faced a rough few days, with Goldman Sachs predicting a 30 percent drop in Tesla’s stock price over the next six months, suppliers […]

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Tesla Accounting Chief Quit After Elon Musk Ignored Pitfalls of Going Private

Dave Morton, Tesla’s now-former Chief Accounting Officer, resigned over concerns that executives were uninterested in addressing problems associated with taking the embattled electric automotive company private. In a statement released Friday, Morton, who quit Tesla on September 4, said his departure was prompted by increased levels of public scrutiny surrounding the car company. “Since I joined Tesla on August 6th, the […]

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Bloomberg: Elon Musk’s Joke Isn’t Funny Any More

A column by Liam Denning in Bloomberg News argues that Tesla CEO Elon Musk’s antics towards employees, investors, and the general public are growing worrisome. Tesla CEO Elon Musk has had an unusual 2018 as far as it goes for chief executives. He launched a line of flamethrowers, he shot a Tesla car into space, and […]

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Tesla Chief Accounting Officer Dave Morton Resigns After One Month

Tesla’s Chief Accounting Officer Dave Morton has resigned from the embattled electric vehicle company, citing unsought levels of “public attention placed on the company.” “Since I joined Tesla on August 6th, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations,” Morton, who joined Tesla […]

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Elon Musk Compares Himself to Vegas Casino Owner

In an interview with the Wall Street Journal published Friday, Tesla CEO Elon Musk said his thinking behind tweeting plans to take the embattled electric company private was akin to how Las Vegas casino owners consider their odds of success. Musk, unbeknownst to Tesla’s board of directors, tweeted on August 7 that he secured funding to take the […]

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Report: Major Investment Fund Voted to Replace Elon Musk as Tesla Chairman

Major investment fund BlackRock voted to replace Elon Musk with an independent chairman for Tesla. The motion, which would not have affected Musk’s status as CEO, was voted down. CNBC reports that funds run by investment management titan BlackRock voted to replace Elon Musk as company chairman, filling the role with an independent candidate. According […]

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Warren Buffett: Apple Investing in Tesla a ‘Very Poor Idea’

During a recent interview, Berkshire Hathaway Chief Executive and legendary investor Warren Buffett said that Apple investing in Tesla would be a “very poor idea.” In a recent interview with Fox Business on Thursday, legendary investor Warren Buffett stated his belief that Apple investing in Elon Musk’s Tesla would be a “very poor idea.” Discussing […]

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Elon Musk Asks Why British Thai Cave Rescue Hero He Called a ‘Pedo’ Isn’t Suing – Now He Is

Tesla CEO Elon Musk recently implied once again that British cave rescue hero Vern Unsworth, who saved the lives of the trapped Thai soccer team, is a pedophile by asking why the diver hasn’t sued Musk if he is innocent. Unsworth’s lawyer replied to Musk suggesting he “check his mail before tweeting.” In a recent […]

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Report: Elon Musk Won’t Attend Burning Man Amid Tesla Turmoil

Tesla CEO Elon Musk is unlikely to attend this year’s Burning Man festival as production and legal troubles continue to plague the embattled electric car company, according to reports. The annual gathering held from August 25 to September 3 in Nevada’s Black Rock Desert will be the first Burning Man festival Musk will reportedly skip out on […]