Tag: Elon Musk
Tesla Restart Defies Lockdown, Stares Down County Officials, and Gives Workers Hope
Entrepreneur Elon Musk is the last manufacturer of automobiles in the state of California, and motorists line up to buy his state-of-the-art electric Tesla vehicles. Musk’s Fremont, Calif., factory, which employs more than 10,000 people, has been shut down during the current pandemic. Musk announced a lawsuit against Alameda County for keeping his operation...
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The Truth about Tesla Motors
During a January 19th panel discussion at the Federal Trade Commission (FTC), Tesla Motors general counsel Todd Maron said: “We make money from one thing: car sales and car sales alone.” In reality, electric vehicle (EV) manufacturer Tesla Motors loses more than $4,000 on every car it sells on a “full-cost” basis (keep in...
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