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Tesla’s Model 3 Challenges Leave Little Wiggle Room on Cash

Tesla Inc. pushed back a key production target for its pivotal Model 3 sedan again, raising questions about whether the electric-car maker may need to raise more cash.The Elon Musk-led company now expects to assemble 5,000 Model 3s a week by the end of June, delaying plans to reach that

The Top EV in the U.S. Not Sold by Elon Musk? The Chevy Bolt

And the prize for America’s best-selling electric car not made by Elon Musk goes to ... the Chevrolet Bolt.General Motors Co.’s plug-in Bolt outsold Nissan Motor Co.’s electric Leaf more than two-to-one in the U.S. last year, data drivers who like plug-in cars increasingly want pure EVs, not hybrids that

Teslas Model 3: Slowest. Rollout. Ever.

When Elon Musk first unveiled the Tesla Model 3 sedan in March 2016, consumers stood in long lines at showrooms to place $1,000 deposits, giving Musk an iPhone moment unprecedented in the auto industry. When people stand in line at an Tesla Inc.’s production plans by two years: It would

Apples Tim Cook Gets 74% Bonus Boost After Sales, Profit Rebound

Apple Inc. Chief Executive Officer Tim Cook received a 74 percent increase in his annual bonus for fiscal 2017 as the iPhone maker posted higher revenue and net income, after a rare decline a year earlier.Cook’s incentive pay totaled $9.33 million for the year ended Sept. 30, the Cupertino, California-based

This Electric Truck Will Probably Beat Teslas to Market

On the evening of Nov. 16, Elon Musk unveiled the latest prop in his Tony Stark cosplay. Photographer: Angie Smith for Bloomberg Businessweek As Semler drives the ET1 around Hollywood, gawkers whip out their phones to take photos. The heavy-duty semi, which has a 22-inch touchscreen on its dashboard and

Amazon’s Whole Foods Price Cuts Brought 25% Jump in Shoppers Inc.’s splashy takeover of Whole Foods, complete with deep price cuts, did more than bring a surge of publicity to the chain: It boosted customer traffic by 25 percent.That’s the finding of Foursquare Labs Inc., which compiled location information during the first two days after Amazon completed its acquisition of

Both Sides Appeal Billionaire Samsung Heir’s Sentence

The sheer size of Samsung in South Korea has long divided public opinion in the country and that continues as the heir apparent appeals his five-year prison sentence for bribery.Jay Y. Lee, the founder’s grandson, will this month begin legal arguments against his conviction as he continues to profess innocence.