Tesla streamlining vehicle production by removing two of seven paint colour options

Tesla streamlining vehicle production by removing two of seven paint colour options

However, the firm downgraded its Tesla rating to neutral from buy, noting that some of Musk's recent behavior could weaken consumer confidence in the brand.

It takes more than a toke on a joint by a CEO to bring down a company these days - and Tesla is no different. Tesla was able to achieve this despite producing only three variants of the electric auto - the Long Range RWD, the Long Range AWD, and the AWD Performance version.

The stock closed up 8.5 percent on Monday after two brokerages said the company could meet its production targets for the second half of the year.

Sacconaghi noted that while the latest sell-off reflects potential risks from lawsuits, Musk's "increasingly erratic" behavior, competition in the electric vehicle (EV) space and high management turnover, "it is unclear to us that any of these are deal breakers for the stock".

Media reports that the U.S. Air Force is reviewing the security clearance of Elon Musk, the chief executive of automaker Tesla Inc are inaccurate, U.S. Air Force spokesperson Captain Hope Cronin said on Friday. However, buyers can still get a hold of the other tints if they're willing to shell out more money.

Former Trump campaign chairman Paul Manafort to 'plead guilty'
Manafort was facing seven counts of foreign lobbying violations and witness tampering in a trial set to begin later this month. The case was brought by Mueller's team, which is probing potential crimes related to the 2016 election.

Meet the new iPhones
Apple did improve the True Tone flash on the rear, and the front-facing camera can shoot images twice as quickly as before. Tim Cook and co. also took out the free and widely-hated-but-sorely-needed audio dongle adapter from all of its phones.

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But a move by California, which is the most populous state in the union, would arguably do more to spur state-level investment. California utilities are struggling to integrate the abundant solar energy now produced.

Though the company has faced production issues, concerns about financial health, a reported investigation from the SEC, and questions about the decision-making of Musk.

There was Musk's botched attempt to take the company private.

After last week's live interview, Tesla's stock tumbled on Friday, also due to the resignation of Chief Accounting Officer Dave Morton, who is quitting after just one month on the job. "We believe Tesla could consider an auction for its shares in the private equity market, financed by existing shareholders, new strategics, divestiture of valuable captive assets (Tesla autonomous/shared), and possibly some help from SpaceX". "We would definitely honor that obligation, and we would do so right now if it were possible", Musk said.

When the Model 3 was originally introduced to the public in 2016, Musk announced that Tesla would produce 100,000 to 200,000 of the cars in 2017.

There have also been a series of freaky tweets from Musk, several accusing the diver who saved the boys' soccer team trapped a waterlogged cave in Thailand of being a pedophile.

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