Tesla has been given permission by a German court to continue felling trees in a 91 hectare plot of forest land that the firm owns. It had been told to stop work earlier this week by another court.
Gigafactory RSS
Tesla has been forced to stop work on its fourth gigafactory after a court ordered a temporary halt yesterday. The Green League has been protesting construction over wildlife and water concerns.
Elon Musk has asked Twitter in a poll if it would like to see a future gigafactory constructed in Texas. Tesla earlier said that there was a need to ramp up battery production to "crazy levels".
Tesla has announced that it is slashing the prices of the Model S and Model X in China by 12 to 26%. The move comes several months after the firm boosted prices by 20% in response to tariffs.
In a recent SEC filing, Tesla admitted that it had received a subpoena pertaining to Model 3 production figures despite denying it less than one week ago. It said the DOJ is also investigating.
Tesla has released its third quarter report, and things aren't looking good for the car maker. On the back of the results, the share price in the company dropped almost 7 percent, as of writing.
Panasonic's CEO has confirmed that the reason for the Model 3 bottleneck at Gigafactory 1 is due to a lack of batteries being produced. He said the problem has been identified, so a fix is due.
