Elon Musk’s price cuts show challenge for Tesla’s product strategy: Ford CEO Jim Farley

Elon Musk’s price cuts show challenge for Tesla’s product strategy: Ford CEO Jim Farley

Electric car giant Tesla‘s decision to cut prices to drive up sales volume reflects the pressure it faces from competition and an ageing product line-up, Ford Chief Executive Jim Farley said on Thursday. Farley said Tesla’s price cuts underscore intense competition in the two-row crossover or SUV segment of the auto market, where Tesla’s best-selling … Read more

Tesla claims engineer stole secrets just days into the job

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By Joel Rosenblatt A former Tesla Inc. software engineer was ordered to appear before a judge to face allegations that three days into his job, he started stealing confidential files and transferring them to a personal storage account. During his two-week employment ending Jan. 6, Alex Khatilov stole more than 6,000 scripts, or files of … Read more