Apple co-founder Steve Wozniak may no longer work for the company in any official capacity, but he has stayed on as a tech advisor and sounding board. When the Woz says something it usually isn’t without merit, which is why it was interesting to learn he thinks self-driving vehicles aren’t going to happen.

Previously, Apple was said to have hundreds of employees working on an electrified, autonomous vehicle as part of Project Titan. Despite having the necessary testing permits, the company shifted toward developing software for self-driving applications in 2016. CEO Tim Cook confirmed that was the firm’s new focus in 2017 but analysts and industry insiders have continued to claim the Apple Car is still quietly in development. Maybe someone should tell that to Wozniak because he seems to think the entire idea is bogus.

There are those vehicles that are truly great. You love to look at them, to drive them (or dream of so doing), to buy them.

Then there are the worst. The stinkers. The overpriced, the ugly, the awful-to-drive, the cars and trucks that just don’t make sense.

Hoping to simplify vehicle assembly, Tesla tweaked its online car configurator over the weekend, culling numerous options from both the Model S and X. This translates into a price bump for more-basic models and a few dollars saved on the higher trims, but less choice overall. The Model S ($78,000) and X 75D ($84,000) now cost a grand more and offer improved interiors, but the 100D units cost $500 less than before. Meanwhile, all trims play host to a slimmer options list.

It was an expected move, as the brand has previously limited options to grease the wheels of production. Elon Musk said the company would embrace further streamlining to “simplify the product offerings” last month, but it’s a little surprising how far the company went.

A longtime Tesla board member, last heard from offering cover for CEO Elon Musk’s disastrous go-private tweet, will be the automaker’s new board chair, tasked with keeping Musk’s destructive tendencies in check.

In accepting the new role, Robyn says goodbye to her short-lived stint as chief financial officer and head of strategy at Australian telecommunications giant Telstra, which sounds a lot like “Tesla.” With Musk booted from the chairman position for a period of three years, Denholm will oversee a board with greater independence, or so the SEC hopes.

Given that Tesla CEO Elon Musk’s Twitter account now has third-party oversight, it’s unlikely we’ll see angry missives about the Fun-Busting Interrogators this weekend. However, that won’t stop the FBI from probing Musk’s past production promises for the Model 3 sedan.

As part of an ongoing Department of Justice investigation that kicked off after Musk’s fateful August 7th “funding secured” tweet, the FBI wants to know if the automaker misled investors via production promises that didn’t pan out.

For only the third time in the company’s history, Tesla reported a quarterly net profit on Wednesday, though this time the automaker says it’s back in black for good.

Third-quarter GAAP net income was $312 million, Tesla revealed, with the company’s performance fulfilling CEO Elon Musk’s earlier promise to become cash-positive by Q3 2018. The automaker’s free cash flow was $881 million for the quarter.

Give thanks to the tent.

How quickly things change. In today’s era of #disruption, standing still equates to certain death, but pricing isn’t normally the thing seeing the greatest change.

Not at Tesla. Less than a week after the automaker announced a new Mid Range Model 3 that splits the difference between the Long Range variant (now available only in dual-motor guise) and the still-unattainable $35,000 base sedan, the model’s price has undergone a refresh. Musk Math must be at work.

Tesla Motors is abandoning the “fully self-driving” purchasing option on all of its vehicles. The option debuted in 2016 as a way to ensure your new car would be future-proofed and able to incorporate autonomous features. But those upgrades never really came — leaving customers who spent $8,000 angry enough to file a class-action lawsuit against the company for failing to deliver on its promises. At least they still got those EV tax credits and free access to the company’s fancy new Autopilot chip (which is also a bit of a mystery item).

The option appears to have been removed from Tesla’s website this week — prompting customers to ask CEO Elon Musk what was up after he announced a rejiggering of the Model 3 lineup. According to a tweet from Musk, the self-driving option was removed because it “was causing too much confusion.”

Well, whose fucking fault was that?

Tesla’s Model 3 line as evolved once again, this time adding a new model closer to the bottom of the range while eliminating the second-cheapest configuration (and currently the cheapest Model 3 you can actually get delivered).

Announced Thursday night, the rear-drive Model 3 Long Range — which started at $44,000 but required the addition of a $5,000 premium package — is gone from the lineup, replaced by a Mid Range sedan with two driven wheels and a lower-capacity battery. The price for 50 fewer miles of range? $45,000.

Tesla CEO Elon Musk will soon be gone as company’s chairman, but a replacement — someone who’ll need to occupy the position for three years — has yet to be named.

The hourglass was flipped after U.S. District Judge Alison Nathan approved a settlement between Musk and his company and the U.S. Securities and Exchange Commission Tuesday. Musk has 45 days to step down as chairman. Double the amount of time is allowed for the automaker to name two independent board members, though Musk and Co. only have two weeks to pony up their $20 million fines.

The settlement, which stayed on track despite Musk’s attempt to screw the whole thing up, contains a punishment perhaps far greater than those listed already: Musk now requires a Twitter parent.

Tesla CEO Elon Musk’s brilliant idea to call the Securities and Exchange Commission the “Shortseller Enrichment Commission” in a recent tweet did not land the impulsive executive in any additional hot water. The SEC, which decided that removing Musk from the chairman’s position and fining both him and the company $20 million was sufficient punishment for the August 7th “funding secured” tweet, still thinks it’s an appropriate settlement.

The two sides came together in agreement on Thursday, signing off on the settlement and submitting it to a judge.

Following the release of crash test results in 2013, Tesla claimed the Model S earned more than five stars on the National Highway Traffic Safety Administration’s ranking scale. Nuh uh, said the NHTSA. There’s only five stars to hand out. No one gets more than that.

Fast-forward five years and the exact same thing is occurring, this time centered around the just-tested Model 3. That sedan, which still isn’t cheap, earned five stars in all NHTSA crash categories. Kudos to Tesla engineers. However, the NHTSA isn’t happy with Tesla’s weekend boast that suggested the Model 3 is the safest car ever tested by the federal agency.

Tesla CEO Elon Musk loves railing against shortsellers to the same degree that normal, regular people enjoy eating and breathing. As his company’s stock continues a downward slide initiated and perpetuated by Musk’s completely avoidable antics, the CEO decided that mocking a securities regulator and endangering a settlement reached on Saturday was a good and proper course of action. And so he took to Twitter Thursday night to make it happen.

It’s gotten to the point where young investors and diehard Tesla fans have taken to social media, begging him to cut it out.

Now that new car buyers have a decent selection of semi-autonomous driving systems to choose from, Consumer Reports felt it would be a good idea to put them to the test.

Expect to see much consternation expressed on Tesla forums. The rankings, which pitted Cadillac’s Super Cruise against Tesla’s groundbreaking Autopilot, Nissan’s ProPilot Assist, and Volvo’s Pilot Assist, shows GM’s luxury marque in the lead.

What propelled Cadillac’s system to the top of the heap? The same element that gave Tesla’s system a black eye two years ago: safety.

If that headline was a tweet, it would certainly qualify as “evergreen.”

With Model 3 production having ramped up towards the very end of the previous quarter, Tesla production in the third quarter of 2018 totalled 80,142 units, some 53,239 of them Model 3s. Compared to the 53,339 vehicles built in Q2 2018, it’s a hefty increase in output.

However, lost in the megaton-yield controversies that follow Tesla CEO Elon Musk like a stray dog in search of a home is the fact that Q3 production didn’t quite make it to an oft-promised target.

Consequences have come swiftly for Elon Musk.

Less than two months after he tweeted that he had secured enough funding to take Tesla back private, and just a few days after being charged with securities fraud, Musk has settled with the Securities and Exchange Commission after the SEC charged him with “false and misleading” statements and a failure to properly notify the regulators of material company events.

Yesterday’s end-of-day fraud lawsuit filed against Tesla CEO Elon Musk by the Securities and Exchange Commission needn’t have happened, CNBC reports. The CEO and founder turned down a settlement deal that would have seen him pay a “nominal” fine and remove himself as chairman, sources claim. Instead, Musk did what he does best. He went his own way, greatly increasing risk both to himself and his company.

Still, Tesla’s board stands by its man, releasing a statement late Thursday to this effect. According to Bob Lutz, outspoken industry titan, the board should have told Musk to hit the bricks.

Documents filed in a Manhattan federal court Thursday reveal the U.S. Securities and Exchange Commission is suing Tesla CEO Elon Musk for fraud. The SEC opened an investigation into Musk after the CEO fatefully tweeted his intent to take the company private. “Funding secured,” Musk wrote in the August 7th tweet.

The go-private plan quickly fell apart. In the lawsuit, published by Bloomberg, the SEC accuses Musk of fabricating the claim made to 22 million social media followers, many of them investors.

Tesla Motors is currently offering up a bevy of incentives, even a few it once discontinued, in order to maximize deliveries before the end of the quarter. The brand has also reached out to enthusiastic owners who may want to help during its time of need, creating a weird sort of volunteer army for itself.

The company is desperate to prove to investors that Model 3 volume is making meaningful headway before its next shareholders meeting. As you’ll recall, the Department of Justice opened a criminal investigation after the Securities and Exchange Commission began a civil probe into Elon Musk’s August tweet about possibly taking Tesla private. The automaker also fired more than 3,000 employes over the summer and lost several important executives. It’s been a rough year for the brand, which makes having a good quarter all the more important.

While a significant portion of that battle is being waged at the factory, helped by simplified paint options and new car carriers, Tesla thinks it can move enough extra metal at its delivery centers to make up some of the difference.

What a week it’s shaping up to be for Tesla CEO Elon Musk. Interestingly, if this latest report proves true, we can pin the blame for all of Musk’s misfortune over the past 24 hours on the presence of social media, and his tendency to overuse it.

According to Bloomberg, the U.S. Justice Department has opened a fraud investigation into Musk’s infamous “funding secured” tweet — the online message that kicked off a strange journey that ultimately went nowhere.

A Silicon Valley resident had a big day yesterday. After finally revealing the real, live, human being he plans to stuff on top of a rocket for a journey around the moon, this same resident also received notice of a lawsuit filed against him. Big, big day.

What’s amazing about Vernon Unsworth’s libel suit is how completely avoidable it was. However, as we’re dealing with the mind of Tesla CEO Elon Musk here, the suit — which accuses Musk of libel, assault, and slander — seemed from the outset to be unavoidable. This is a man who goaded the litigant to sue even after apologizing for calling a man he’s never met a “pedo” on Twitter. Musk then forgot all about the apologies and doubled down on the unsubstantiated claim, even as Unsworth secured legal representation.

And why? Unsworth helped rescue a Thai soccer team from a flooded cave but had the nerve to criticise Musk’s homemade submarine, which rescuers never employed in the cave extraction. It’s enough to make one believe that only a certain type of personality makes it big in Silicon Valley.

Tesla’s Elon Musk announced Tuesday that the automaker will limit its paint options to simplify production and, hopefully, improve volume. “Moving [two] of [seven] Tesla colors off menu on Wednesday to simplify manufacturing,” said the CEO via social media. “Obsidian Black and Metallic Silver will still be available as special request, but at higher price.”

The announcement comes after a busy press week for Tesla. Musk lost his chief accounting officer after a comically brief tenure and was lambasted for smoking marijuana on Joe Rogan’s podcast. However, the real crime was how much of it Elon wasted by puffing on the monster wrap in an attempt to appease the host, without ever inhaling any smoke. That’s no way to get high.

Big Tesla news inevitable comes at odd times, usually at the very end of the week, and most often at night — at least here on the East Coast. And so it was that late Friday afternoon, following another bizarre week of Elon antics (and two high-profile departures), Tesla CEO Elon Musk upset the negative news cycle by announcing a shakeup of his company’s upper ranks, including the appointment of a president of automotive.

What does a president of automotive do? A hell of a lot, it seems. Besides overseeing all of the company’s automotive operations, newly promoted Tesla veteran Jerome Guillen must also keep the sometimes dodgy supply chain running smoothly. His other big role involves removing stress from Musk’s life.

Today’s installment of “This Week in Elon” sees the Tesla CEO appear on the top-rated Joe Rogan Experience podcast and partake in drug consumption that’s legal in the state in which it was filmed. One hopes Musk didn’t pile into his Model S afterwards and drive away while baked.

Normally, what happens in an executive’s private life remains private until it hits the papers ahead of an impending trial, or perhaps fills the pages of a tell-all bestseller. This being Musk, however, questionable antics seem to occur all the time, usually in a public forum, and shareholders, analysts, and no doubt the company’s board aren’t too pleased with it.

It’s not on the same level as Lee Iacocca showing up on the Merv Griffin Show and railing a line of blow, but Musk’s podcast appearance, combined with two high-profile departures, sent Tesla shares tumbling.

Tesla CEO Elon Musk, the executive with a “Don’t Hold Back” sticker placed atop every one of his phone and computer screens, didn’t need to poke the bear last night. It seems there’s already a libel suit being loaded into the chamber, ready to fire in his direction.

In a Twitter exchange he could easily have avoided by tidying up around the house, preparing a wholesome snack, getting this owner the repairs he’s been waiting six months for, or perhaps reading one of Lee Iacocca or Bob Lutz’s books, Musk suggested, once again, that a British diver he’s already apologized to is a pedophile, again without offering evidence.

Asking why Vernon Unsworth hasn’t filed a lawsuit against him, Musk then practically dared the cave rescuer to sue. He’ll probably get his wish, especially after last night’s antics.

It’s all so exasperating. As I’ve said privately, if firefighters placed Tesla CEO Elon Musk next to any one of California’s devastating wildfires, he’d have immediately sucked up all the oxygen in the area, smothering the flames in an instant.

Is it any wonder why investors, analysts, and Tesla board members are reportedly bothered by CEO Elon Musk’s tweeting? While a recent New York Times interview provided an interesting, if troubled, glimpse into Musk’s life of late, the magic of social media provides a portal through which the entire globe can view Musk’s inner machinations.

Last night, Musk made the brilliant decision to tweet further (potentially libelous) speculation about a man he’s never met, but did once apologize to after calling him a pedophile on Twitter. Of course, this all came about after that man — Vernon Unsworth, the architect of a life-saving Thai cave rescue — dissed Musk’s homemade submarine and essentially told him to stuff it up his ass.

Hey, it’s not like Mary Barra, Jim Hackett, Mike Manley, Carlos Ghosn, Takahiro Hachigo, and Akio Toyoda don’t do the exact same thing in their off hours…

We told you earlier this month that Tesla’s Canadian arm was suing the Ontario government for access to big rebates for some of its vehicles. For years, Ontario, located north of Erie, Pennsylvania, handed out up to $14,000 in taxpayer cash to electric vehicle buyers, part of its effort to support green living.

Over the years, the ceiling of eligible MSRPs varied — from unlimited, to $75k, to $150k, and back to $75k, shortly before the ousting of the previous government in this June’s election. This writer made his feelings on lofty EV subsidies quite clear.

While the cancellation of the province’s Electric and Hydrogen Vehicle Incentive Program (EHVIP) came with a grace period for buyers awaiting delivery that runs out on September 10th, it didn’t include Tesla buyers. Thanks to the automaker’s lawsuit, Tesla buyers can now grab back that $14,000.

The Model 3 was intended to be Tesla’s affordable alternative for the mass market and, for the most part, that’s what it has been. Granted, the automaker did opt to prioritize the production of higher trim levels as a way to maximize profitability. But, given its financial situation, it was an understandable strategy. The Model 3 is still the cheapest way to get into a Tesla. However, it’s not the cheapest vehicle to own — especially when it comes to insurance rates.

Last year, AAA said premiums on Tesla vehicles would likely go up 30 percent after reviewing data from the Highway Loss Data Institute. At the time, Tesla said the analysis was “severely flawed and is not reflective of reality.” But the auto club stated the HLDI’s findings matched its own research, as well as numerous other sources.

“Looking at a much broader set of countrywide data, we saw the same patterns observed in our own data, and that gave us the confidence to change rates,” said Anthony Ptasznik, chief actuary of AAA.

Friday night’s not-so-surprising move by Tesla CEO Elon Musk, in which he wheeled around his plan to take the company private like an angry father cutting short a family vacation, has many angles.

First and foremost is the money factor, which matters more than anything else in this drama. According to two new reports, money eventually became available, just not from the sources we were led to expect. And not from sources Musk wanted.

Fear not, there’ll be plenty of moaning about short sellers in the weeks and months — and probably years — to come. Late Friday, Tesla CEO Elon Musk pulled an about-face, issuing a blog post in which he claimed a couple of weeks of study revealed he shouldn’t take his publicly traded automaker private.

Apparently, the trip from “funding secured” to “the funding totally would have been there”* (not a direct quote) takes 17 days.

Not without a profitable company, anyway. And Tesla, despite its promise to end the year in a cash-positive state, is not that company. Not yet.

After rolling out a dual-motor Model 3 and its Performance sibling in July, the average retail price of Tesla’s “most affordable” electric car is only going up, frustrating would-be owners waiting for the $35,000 base model. That stripped-down trim won’t appear until the beginning of next year.

When it does, however, Tesla stands to lose nearly $6,000 per vehicle, one investment bank claims.

The correct ending to this headline should read “…We’d All Lose Our Lunch.” Especially this month.

Tesla investors are taking a wild ride of late, with CEO Elon Musk’s Aug. 7th “secured funding” tweet and subsequent stock spike giving way to a hands-in-the-air plunge as the funding for his go-private plan remains on the missing persons list. Couple that with a very concerning New York Times interview and increasing skepticism from analysts, and you’ve got the makings of a standout attraction at Six Flags.

It’s a portrait of a man who’s gone past fraying at the edges. In an hour-long interview with the New York Times, Tesla CEO Elon Musk appears as a man threatening to come apart — and it’s not a joyous sight.

Despite the frustration stemming from Musk’s actions and pronouncements, and the aggravation born of his cheerleading, conspiracy theorizing fan base, it’s difficult to watch a man’s ambition and drive spiral into self-destruction.

In June, Ontario — the place just over yonder from Detroit and Buffalo — switched governments for the first time in 15 years. As part of his planned overhaul of the province’s finances, newly minted leader Doug Ford announced the cancellation of an electric vehicle rebate program that handed up to $14,000 to buyers of green cars.

Hardly an appropriate use of taxpayers’ dollars in a place where the debt’s approaching a third of a trillion dollars, the government implied. Ford axed the rebate last month, with buyers allowed to accept the former perk until Sept. 10th. Sorry — almost all buyers.

While the U.S. and now Canada enjoy carrying out international diplomacy via tweet, the business world lays out a few ground rules. If you’re the head of a multi-billion dollar publicly traded company, maybe it’s best to not announce your intention to take the company private — while stating there’s funding on hand to pull it off — in a tweetstorm, especially if there aren’t details to back it up. Dry, boring, but concise media releases or regulatory filings alerting shareholders usually do the trick.

After looking into Tesla’s going-private plan, announced August 7th by CEO Elon Musk over Twitter, the U.S. Securities and Exchange Commission now wants hard answers. While it might be willing to overlook the tweet (Musk, a prolific tweeter, previously told investors that announcements could happen this way), the SEC wants Musk to back up his “funding secured” claim. What person, persons, or entity made this deal possible?

Maybe a round of subpoenas will clear things up.

A truly bizarre rumor is just one of the issues facing Tesla CEO Elon Musk as questions swirl following the August 7th announcement that he wants to take the publicly traded company private.

As the U.S. Securities and Exchange Commission looks into Musk’s claim that there’s “funding secured” for the potential buyout, Musk was forced to confront a claim involving, of all things, a rapper, drugs, and spontaneous tweeting. Always a sideshow with this company…

The financial world, on the other hand, wants to know more about this Saudi business.

Last week, Tesla CEO Elon Musk announced his intention to take the automaker private. But speculation quickly arose that the claim was just a clever ploy to drive up the company’s share price and burn short sellers, a group Musk seems to have a particular disdain for. This resulted in a shareholder complaint, filed Friday as a securities-fraud class action in federal court in San Francisco, alleging he lied to manipulate shareholder prices.

However, the Securities and Exchange Commission was already investigating the matter at the time of the lawsuit’s filing. While the bulk of the initial investigation involved asking Musk if he was lying, it’s presumably advanced in scope and complexity since then. The lynchpin to the whole issue is whether Tesla actually secured the billions in funding necessary to go private. Even though the CEO said the money is real, he did not specify who would provide it.

That changed on Monday morning, when Musk pointed to oil-rich Saudi Arabia. But it’s not as simple as it sounds.

Like a Netflix original movie with lots of action but a threadbare plot, Elon Musk’s plan to take Tesla private has some glaring holes. The largest of which is how he’ll finance the buyback of stock (at $420 a share) to make his dream possible.

The list of people who’d like to know where exactly the money’s coming from is a long one, but at the top of the list is the U.S. Securities and Exchange Commission — followed, apparently, by Tesla’s own board of directors.

Six members of the Tesla board of directors issued a statement Wednesday, claiming CEO Elon Musk spoke to them last week about his plan to take the publicly traded company private. Musk shocked investors and analysts Tuesday after he tweeted his vision of the automaker’s corporate future, claiming funding existed to pull it off. He later shared an internal email to employees on the company’s blog.

Though Musk’s blog post doesn’t mention how he’d bankroll such a massive buyout, the company’s board says he discussed the funding issue with them.

After igniting a blaze of speculation via Twitter and halting the trading of Tesla stock, CEO Elon Musk made public an internal email sent to employees. In it, he lays out his reasoning for taking the publicly traded automaker private.

While there’s no mention of the secured funding mentioned in his earlier tweets, the desired share price — $420 — remains. And Musk seems quite confident that shareholders will see things his way.

Tesla may be going private, according to a Tuesday message from Elon Musk’s Twitter account. “Am considering taking Tesla private at $420. Funding secured,” the CEO wrote. “Good morning,” he said immediately afterward, accompanying the message with the smiley face emoji.

What followed was rampant media speculation as to whether Musk was in his right mind or not, while Musk continued responding to questions online.

“I don’t have a controlling vote now & wouldn’t expect any shareholder to have one if we go private. I won’t be selling in either scenario,” he said after being asked whether it would be an outright sale and if he could retain control of the company. “My hope is *all* current investors remain with Tesla even if we’re private. Would create special purpose fund enabling anyone to stay with Tesla. Already do this with Fidelity’s SpaceX investment.”

Meanwhile, CNBC and a few other news outlets noted that the number 420 has a special significance in the marijuana-smoking community and that Musk’s good-morning tweet was issued at around 1:30 p.m. Eastern, which — gasp — isn’t in the morning at all!

Tesla Motors’ refresh for the Model S and and Model X has been in the works for quite some time, with efforts focused on the vehicles’ interior above everything else. While we’re not about to call the present-day cockpit of either vehicle dated, they’ve been operating mostly unchanged for quite some time.

However, the update will surely rub some customers the wrong way. That’s because the new interior design is expected to be heavily influenced by the minimalist cabin of the Model 3. Scheduled for the second half of 2019, both of Tesla’s larger models will see their own adaptation of “less is more,” with a full exterior refresh to follow in 2021. Both are big deals for the company, which typically introduces small changes to its vehicles every so often rather than expansive alterations.

Complain about Tesla Motors’ hype machine all you like; it’s still an innovative company. Unfortunately, it has painted itself into a bit of a corner as a result. Still lacking the production might of its much larger competitors, it continues to brand itself as an upstart as it works on improving volume. That means its CEO, Elon Musk, has to continue coming up with new ideas and gimmicks to keep the public impressed.

This week, he came up with a special vehicle mode that would improve the vehicle’s usability while parked. But we can’t exactly tell if it’s a good idea or a bunch of meaningless fluff. Dubbed by Musk as “ party & camper mode,” the setting would allow drivers to maintain in-car airflow, regulate the temperature, play music, charge devices, and have access to lighting for up to 48 hours.

There’s no timeline for the feature, but it would likely be done through via over-the-air updates, meaning it could be applied to every Tesla vehicle currently on the road.

Tesla announced Wednesday that it lost $743 million in the second quarter of 2018, instantly pushing the automaker’s stock up by nearly double digit figures. No, this particular tidbit isn’t what investors hoped to hear, but CEO Elon Musk, who, unlike in past weeks, made it through the day without saying something overtly controversial, told them enough of what they wanted to hear.

The company’s revenue is up by over a billion dollars compared to the same quarter a year ago — $4 billion as a pre-tax total. Cash on hand was the lowest Tesla’s seen in two years ($2.2 billion), but the automaker’s reduced cash burn impressed some skeptics and reassured believers in Musk’s pledge to return to a positive cash flow in the third and fourth quarters. Having achieved its 5,000-Model-3s-per-week production goal, Tesla claims volume will crank up to 6,000 per week by late August. 10,000 per week comes in 2019.

There was even an apology from Musk for his bizarre behavior during a May earnings call, in which he snubbed analysts while acting like a bored teenager.

And did you know the Model 3 outsells all premium midsize sedans combined? Yeah, about that…

Agreements forged between automakers and suppliers aren’t etched in stone, and shaky financial ground has a way of altering how and when those suppliers are paid. Look back to the recession for prime examples of that.

However, a memo sent from Tesla to a supplier shows the electric automaker wants to recoup a portion of its previously spent cash — a request designed to help Tesla finally turn a profit.

Tesla CEO Elon Musk has returned to Twitter, this time to issue an apology to British cave diver Vernon Unsworth. Musk had maintained radio silence on the social media platform ever since calling the Thailand cave rescuer a “pedo” in response to comments Unsworth made about the viability of his hastily prepared mini-sub. Musk later added that he’d bet money that his accusation was true.

The weekend tweets were subsequently deleted.

Yes, it’s a wholly ridiculous situation, but imagine yourself in Unsworth’s shoes. The diver claimed he received calls from lawyers in the UK and United States, and was considering legal action against Musk upon his return to Britain. Meanwhile, major Tesla investors entertained their own thoughts — troubling ones, as Musk’s out-of-the-blue attack on a man widely regarded as a hero raised serious questions about his leadership.

There’s a term in Canadian politics — “bozo eruption” — that, according to Wiktionary, refers to the moment when a politician or public figure says something “especially ill-considered and foolish, and which has negative repercussions for that individual and for his or her affiliated group.”

In Tesla CEO Elon Musk’s case, the eruptions seem to be ramping up. Each outburst — be it May’s dismissive earnings call, in which he called analysts’ queries “boring” before taking questions from a YouTuber, or this past weekend’s bizarre assertion that one of the Thailand cave rescuers (and Musk mini-sub disliker) is a pedophile — has a negative, if hazy, impact on the automaker’s stock price.

The most recent utterance didn’t disappoint, but it seems that pissing off Wall Street types is more consequential than accusing international heroes you’ve never met of sex crimes.

Morning! How was your weekend? Good? Hope so. I caught up on some sleep after a week-long bout of insomnia, and many of you probably enjoyed backyard barbecues and romantic encounters and car shows under the hot July sun.

Consider yourself lucky. You could have had a weekend like the driver of this spankin’ new Tesla Model 3 — or the man behind the car’s badge.

Tesla Motors announced Thursday that it officially reached 200,000 deliveries this month, which is good news in terms of overall sales. But the figure also means the company has surpassed the threshold requiring that federal tax credits be phased out, which is bad news.

Some speculate that, without government incentives, fewer people will be willing to buy Tesla-branded vehicles. While that’s a possibility, the brand offers unique, trendy models not readily available elsewhere. We’d presume a discount on an iPhone would probably help sales as well, but affordability it isn’t the main reason people purchase them.

We’ll see what kind of impact it has on the automaker as the $7,500 federal electric vehicle tax credit for new owners is gradually phased out. It will also be telling for the electric vehicle market as a whole, as Tesla is the first EV producer to reach the limit.

Tesla’s sole assembly plant in Fremont, California won’t be lonely for long. A preliminary deal reached between the automaker and the government of Shanghai could see a new assembly plant start production in about three years’ time. The Chinese plant would most likely build Model 3s and upcoming Model Y crossovers, Bloomberg reports.

Assuming Tesla can scrounge up the $4 to $5 billion needed to complete construction of the facility (a Goldman Sachs estimate), the plant could produce up to 500,000 vehicles per year. And it just so happens that Shanghai has a free trade zone.

A report in Reuters Tuesday sheds light on the frenzied final weeks of Tesla’s all-out push to reach a production target of 5,000 Model 3s per week by the end of June.

Workers claim CEO Elon Musk became agitated whenever the company’s Fremont, California production lines slowed or stopped due to robot issues, employees were pulled off the Model S line to cover Model 3 workers’ breaks, and longer hours with little advance notice became the norm.

Ultimately, Tesla was able to boast of building 5,031 Model 3s in the last seven days of June. But another report raises the question of whether Tesla skipped an important step in the production process in order to reach its goal.

The numbers are out for Tesla’s second-quarter production and deliveries. If you didn’t spend the weekend lying on a block of ice with a fan taped to your chest, you probably heard the faint sound of Tesla aficionados celebrating the automaker’s 5,000-Model 3s-per-week production goal, which was met with few vehicles to spare.

CEO Elon Musk took to Twitter on Sunday to announce the production of 7,000 vehicles during the last seven days of June, some 5,000 of them being Model 3 sedans. Steven Armstrong, CEO of Ford of Europe, shot back a reply stating his company builds that much in about four hours. (There seems to be a lot of bad blood between Ford and Tesla.)

So, how do the numbers break down for the entire second quarter? Read on.

Who doesn’t love a battle between automakers? Personally, I find the upper-crust sniping between Rolls-Royce and Lagonda both charming and hilarious, but the fun ramps up when the fight involves builders of more accessible products.

In a Wall Street Journal article published late Wednesday, Tesla CEO Elon Musk copped to sleeping under his desk near his Fremont assembly plant’s body shop, part of an all-out effort to reach a lofty (and delayed) June 30th production target. Some of the plant’s assembly work has moved into a large outdoor tent. Old-fashioned manpower has been called in to help crank out vehicles. This, from an automaker that not long ago expressed worry that wind resistance might slow down the pace of its futuristic automated assembly line.

Musk admitted he’s made some mistakes. There’s a tent, after all. But that didn’t stop him from telling the reporter, “I think there’s a good vibe—I think the energy is good; go to Ford, it looks like a morgue.”

Ford was quick to respond.

That’s the question being asked by a bevy of cynical journalists and industry observers after Tesla CEO Elon Musk regailed his Twitter audience with descriptions of the automaker’s upcoming pickup truck last night. How does a heavy-duty 240-volt power outlet sound? Self-levelling suspension? Hmm?

At the same time, Tesla’s Design Studio announced revised pricing for the dual-motor Model 3 and its Performance variant. Remaining Model 3 reservation holders were also told they would soon get the opportunity to configure their long-awaited vehicles.

Either the big tent’s working out just great and production is well on track, or there’s something investor-rattling coming down the pipe.

Tesla’s efforts to scale back its workforce will significantly impact its solar roof business. Its 9 percent staffing cut reportedly translates into the closing of roughly a dozen facilities in the United States. The company got into selling photovoltaic shingles after acquiring SolarCity for $2.6 billion. At the time, Tesla CEO Elon Musk, who previously served as chairman of SolarCity’s board of directors, called the purchase a “no brainer.”

The theory was that the new business would be synergistic. Customers could accumulate energy through solar roofs, store it in a Tesla Powerwall, and use it to recharge their vehicle, power their home, or supplement their energy needs during peak hours. But earlier this month Tesla announced it was pulling those products out of stores and abandoning its partnership with Home Depot. Customers will now buy their solar energy products through Tesla stores and the company’s website.

What happened?

Tesla CEO Elon Musk appears to be on the hunt for potential saboteurs and thieves. However, as the company doubles down on Model 3 assembly both inside its Fremont, California plant and the tent erected outside, a murky sideshow has emerged.

On Sunday night, Musk emailed employees to alert them to the actions of a saboteur caught hacking the automaker’s manufacturing operating system (MOS), cautioning them to be on the lookout for other nefarious deeds. The automaker then filed a lawsuit against process technician Martin Tripp, who Tesla alleges stole several gigabytes worth of data from the MOS and funnelled the info, which included photos, to shadowy third parties. Incorrect statements were also made to the media by the disgruntled employee, Tesla claims, and it’s now seeking its pound of flesh (as well as its data, plus punitive damages) via the suit.

Tripp’s now telling his side of the story. Oh, and there’s a workplace shooting threat to toss into the mix, too.

Never far from (or out of) the headlines, Tesla has filed a lawsuit against a former employee, alleging the individual stole confidential data hacked from the automaker’s manufacturing operating system and sent it to third parties. He’s also alleged to have made false claims to the media.

The contents of the lawsuit, filed in federal court in Nevada against former process technician Martin Tripp, can be read here. In it, Tripp is alleged to have written computer code designed to funnel data from the company, installing it on several computers to keep the information flowing.

Never let a crisis go to waste, goes the saying. In this case, it’s an actress and her husband facing a car shortage and a rival automaker sensing an opportunity for a juicy dig.

Mary McCormack, who appeared on the endlessly referenced political drama The West Wing, tweeted a video of a Model S in flames Friday, claiming the blaze broke out “out of the blue” as her husband’s Tesla cruised through traffic in West Hollywood. She directed her tweet at Tesla.

General Motors has since capitalized on the unsolved blaze, offering McCormack and her husband, identified as director Michael Norris, a new Chevy Bolt.

We’re less than two weeks away from the end of the second quarter, and it’s all hands on deck at Tesla ( minus the hands being laid off). After missing past production targets for its Model 3, workers at the automaker’s Fremont, California assembly plant are engaged in an all-out effort to build 5,000 Model 3s a week by the end of June — a necessary goal to placate investors, as well as start up production of more lucrative model variants.

As you read here, there’s now vehicle assembly taking place in a giant tent set up outside factory walls. Innovative!

Late Monday, news broke that Tesla CEO Elon Musk caught an employee attempting to sabotage the plant’s efforts. The motivations of this individual, according to Musk, could be many. We’re talking grassy knoll stuff.

This shouldn’t come as a shock to anyone who’s ever used Twitter — or engaged with hardcore Tesla fans. What’s good for the automaker is apparently also good for its employees, even if they’re among the roughly 3,000 workers laid off this week as the company seeks profitability through restructuring.

Some employees are saying it’s a good thing Tesla gave them the heave-ho.