Government Pressure Mounts On Tesla's Struggling Solar Unit [Seeking Alpha]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Seeking Alpha
Government Pressure Mounts On Tesla's Struggling Solar Unit Summary Tesla's solar business has been deteriorating for years. The company forecasts further declines in installations in Q1 2019. Tesla builds its solar products at Gigafactory 2 in Buffalo, NY. The state provided $750 million in funding in exchange for promises of jobs and billions of dollars in future investment. If Tesla fails to meet its first employment milestone obligation in April 2020, it will face steep financial clawbacks. State government officials have turned a blind eye to the situation for the most part. Investigations by a number of legislators have brought the issue back into the spotlight. Tesla could find itself with significant financial obligations from its Buffalo mess. It also risks losing the goodwill of state governments that have lavished subsidies on it in the past. Tesla ( TSLA grandiose mission To support the idea that it is a sustainable energy company, and not just a carmaker, Tesla has branch
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TSLA
News
- Facebook Cofounder Says Tesla Has Committed "Consumer Fraud on a Massive Scale," Will End in Jail [Yahoo! Finance]Yahoo! Finance
- Tesla recalled its vehicles, but Autopilot crashes kept happening: feds [Business Insider]Business Insider
- Elon Musk Says Tesla's Humanoid Optimus Robot Could Launch Next Year—Here's What Experts Think [Forbes]Forbes
- Auto Safety Regulator Investigating Tesla Recall of Autopilot [The New York Times]The New York Times
- Tesla's Autopilot and Full Self-Driving linked to hundreds of crashes, dozens of deaths [Verge, The]Verge, The
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 4/25/24 - Form 144
- 4/25/24 - Form DEFA14A
- 4/24/24 - Form 10-Q
- TSLA's page on the SEC website