Monday, April 10, 2017

April 10, 2017
By Russ Mitchell and Tracey Lien

For months, Tesla stock’s been on a bull run. (click here)

Now, it’s a stampede.

On Monday, investors sent the electric car maker’s market value into entirely new territory, briefly ripping past General Motors in market value, putting Tesla in first place among U.S. automakers.

It also raises the stakes for the company as it prepares to begin assembling its highly anticipated mass-market electric sedan, the Model 3, which is scheduled for release this summer or fall, or perhaps later. The propulsive rise in the company’s stock — up more than 70% since December — amps up the pressure on Tesla and its visionary chief executive, Elon Musk, to deliver near-flawless performance....

May 3, 2016
By Fred Lambert

As Tesla (click here) is looking to almost double its annual vehicle production every year for the next few years, it has to significantly increase its headcount, which currently stands at just over 15,000 employees. Now Tesla is reportedly set to go on a hiring spree this weekend to hire “hundreds” of “production assembly associates” at a “massive” job fair in Fremont, California, according to job listings.

Tesla recently confirmed that it is currently working on increasing its production plans to minimize the wait for the Model 3 following the storm of reservations it received for the $35,000 all-electric sedan – approaching 400,000 cars as of the latest update....