Tesla is reportedly asking for refunds from suppliers in an aggressive tactic designed to help the perpetually money-losing company turn a profit. The move reflects CEO Elon Musk's increasing urgency to make Tesla profitable after losing more than $4 billion over the last six years.        

BING NEWS:
  • Tesla stock skids on report it asked suppliers for refunds
    Shares of Tesla tumbled Monday on reports that the company asked suppliers for refunds to help it turn a profit. A memo provided to The Wall Street Journal shows the electric car maker asked a supplie...
    09/13/2018 - 4:24 pm | View Link
  • The Morning Risk Report: Some Tesla Suppliers Fret About Getting Paid
    A Tesla Inc. vehicle with a 'Model 3' license plate seen in the showroom located in New York. Photo: NANCY KASZERMAN/ZUMA PRESS Some of Tesla Inc.’s suppliers are concerned about the automaker’s finan...
    08/21/2018 - 12:55 am | View Link
  • Tesla suppliers gauge financial risk
    Tesla (TSLA +0.6%) suppliers are concerned about exposure to the EV automaker after payments terms were stretched out in some cases and requests for cash back made in others. The Wall Street Journal r...
    08/20/2018 - 9:06 am | View Link
  • Report: Tesla Asks Suppliers for Money to Sustain Production
    Tesla Motors has reportedly asked some of its parts suppliers for financial support, including a partial refund of supply deals. The Wall Street Journal claims to have seen a memo sent by Tesla to one ...
    07/24/2018 - 1:59 am | View Link
  • Tesla asks suppliers for refunds to help profit
    Tesla Inc. asked some suppliers to return a portion of its payments to them in an attempt by the electric-car maker to turn a profit, the Wall Street Journal reported, citing a memo sent to a supplier ...
    07/23/2018 - 5:28 pm | View Link
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BING SEARCH:
  • Tesla Factory
    The Tesla Factory is an automobile manufacturing plant in south Fremont, California, and the principal production facility of Tesla, Inc..The facility was formerly known as New United Motor Manufacturing, Inc. (), a joint venture between General Motors and Toyota.The plant is located in the East Industrial area of Fremont between Interstates 880 and 680, and employed around 10,000 people in ...
    12/4/2018 - 4:30 am | View Website
  • TSLA:NASDAQ GS Stock Quote
    About Tesla Inc Tesla Inc. designs, manufactures, and sells high-performance electric vehicles and electric vehicle powertrain components. The Company owns its sales and service network and sells ...
    12/3/2018 - 4:13 pm | View Website
  • TSLA Analysis & News
    Latest Breaking news and Headlines on Tesla, Inc. (TSLA) stock from Seeking Alpha. Read the news as it happens!
    12/3/2018 - 3:08 pm | View Website
  • Tesla, Inc.
    Tesla, Inc. (formerly Tesla Motors, Inc.) is an American automotive and energy company based in Palo Alto, California. The company specializes in electric car manufacturing and, through its SolarCity subsidiary, solar panel manufacturing. It operates multiple production and assembly plants, notably Gigafactory 1 near Reno, Nevada, and its main vehicle manufacturing facility at Tesla Factory in ...
    12/3/2018 - 2:44 am | View Website
  • Tesla Asks Suppliers for Cash Back to Help Turn a Profit
    Tesla has asked some suppliers to refund a portion of what the electric-car company has spent previously, an appeal that reflects the auto maker’s urgency to sustain operations during a critical ...
    12/2/2018 - 7:13 pm | View Website
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