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Exclusive: Tesla flies in new battery production line for Gigafactory

FRANKFURT/SAN FRANCISCO (Reuters) – Tesla Inc has flown six planes full of robots and equipment from Europe to California in an unusual, high-stakes effort to speed up battery production for its Model 3 electric sedan, people familiar with the matter told Reuters this week. Transporting equipment for a production line by air is costly and hardly ever done in the automotive industry, and the move underscores Tesla Chief Executive Elon Musk’s urgency to get a grip on manufacturing problems that have hobbled the launch of the high-volume Model 3 and pushed Tesla’s finances deep into the red. “As …read more […]

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Let’s Agree on “How Much Is Enough”

Editor’s Note: Me again! If you’ve been keeping up with your Investment U emails this week, you’re probably thinking, “Get on with it, already! Tell us about these new and exciting changes coming to our free subscription!”

(And if you haven’t been keeping up, now’s your chance!)

In yesterday’s note, I tempted you to a game of Clue. There were two key words that stood out in ETF Strategist Nicholas Vardy’s article, The Father of Free Markets Is Not Who You Think.

Well, several of you wrote in and… all of you guessed correctly – well done!

The words that summarize Investment U’s evolving …read more […]