Tesla cuts prices on Model 3 and Y after dwindling deliveries

2023-10-08 11:11 AM by Alex Smith

Tesla is cutting prices on some Model 3 and Model Y vehicles in the US, as spotted by CNBC. The automaker’s move, its second price drop in just over a month, comes after it fell short of market estimates for deliveries. Tesla’s website now lists the Model 3 starting at $38,990, down from its previous …

Indian-Origin Vaibhav Taneja Named New Tesla CFO as Zachary Kirkhorn Steps Down

2023-08-07 09:56 PM by Alex Smith

Tesla’s finance chief, Zachary Kirkhorn, has announced his departure after four years in the role, according to the world’s most valuable automaker. The company has named Vaibhav Taneja, the current accounting head, as his replacement. This news caused Tesla’s shares to decrease by over 3% on Monday. The reason for Kirkhorn’s departure was not specified …