Despite bullish forecasts for global demand -- especially with accelerating production of electric vehicles -- lithium may have a funding problem. Banks are wary.
Tesla has invited all Model 3 reservation holders in the U.S. and Canada to confirm their orders -- for $2,500. That's welcome news for customers. It's even more welcome for Tesla's balance sheet.
Tesla CEO Elon Musk admitted there was a braking issue with the Model 3 sedan — which began arriving in Canada last week — pointed out by Consumer Reports, and said it can be fixed with a firmware update.
Elon Musk's responses to recent crashes involving Tesla's Autopilot software suggest a lack of regard for people who share the road with the cars his company sells.
A Tesla supplier in Quebec is getting $11 million from the federal and provincial governments to help pay for a $19 million expansion that will increase production there.
Mercedes is developing a battery-powered sedan about the size of its S class, dubbed the EQ S, which will challenge Tesla's Model S for high-end electric-car buyers.
Tesla is recalling Model S sedans built before April 2016 in order to replace power-steering bolts that can corrode after contact with road salt in cold temperatures.
Tesla temporarily suspended production of the Model 3 electric sedan at its lone auto plant for a week in late February, a planned breather that ultimately may help increase output of the closely watched vehicle.