Tesla Cuts Number of Car Paint Options Available to Boost Productivity

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Obsidian Black and Metallic Silver will be available on Tesla vehicles only as a special request and will cost more.

"Musk has a long-standing public feud with short-sellers and often uses his personal Twitter account to taunt and confront skeptics of his company", Left noted in the lawsuit.

Tesla's stock prices dropped following Musk's appearance on the podcast.

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You get seven color choices when you buy a Tesla - but Elon Musk is ditching two on Wednesday to simplify manufacturing.

In a new blog post, Musk predicted that the electric-car maker would build on its second-quarter success and have "the most unbelievable quarter in our history, building and delivering more than twice as many cars as we did last quarter". Tesla's CEO Elon Musk also announced a number of management promotions, as the electric auto maker enters the final weeks of an "amazing" third quarter, the company chairman said. The fiasco reportedly sparked an SEC investigation into the accuracy of Musk's "funding secured" tweet.

The latest tweet follows a chaotic week for the carmaker after Musk was filmed smoking marijuana and wielding a sword on a live show, and a tumultuous August during which he proposed and then abruptly pulled the plug on a go-private deal for the company. A profitable quarter and massive increase in production could re-focus the Tesla narrative around the company's rapid production growth and improving financial prospects. The shares (TSLA) rebounded Monday before the start of regular trading, rising 2.5 percent to $269.70. He will oversee all "automotive operations and program management" and also coordinate the entire Tesla automotive supply chain.

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A row of new Tesla Model 3 electric vehicles is seen at a parking lot in Richmond, Calif. Chief Accounting Officer Dave Morton gave notice last week that he was resigning less than a month into the job, and the company also lost its head of human resources.

CEO of Tesla has previously noted how the paint shop at the Fremont factory has become a bottleneck for their ambitions production plans.

Elon Musk appears to be confident of the company's chances this Q3, as revealed in a letter to employees shared in Tesla's official blog last Friday.

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Shares of Tesla jumped as much as 6% Monday after analysts at Baird published a bullish note on the company. Both said it would be highly unlikely for deliveries to begin in September and more likely for them to begin in 2019.

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