Automotive News

This section of Torque News provides the latest auto news and updates from the car manufacturers. Every day number of news stories and editorials are published here that give our readers an overview of what is happening in the automotive industry. Read this section daily to find out about new cars, vehicle reviews and car pictures. Torque News is an automotive news website by Hareyan Publishing, LLC, dedicated to covering the latest news, reviews and opinions about the car industry.
Tesla Charging

Fund Manager's Email To Clients: "Tesla, without any doubt, is on the verge of bankruptcy"

John Thompson, a hedge-fund manager of Vilas Capital Management, who manages $25 million, wrote his clients over the weekend and said “Tesla, without any doubt, is on the verge of bankruptcy," He has several reasons and Tesla is this fund's biggest position now. And Moody's just downgraded TSLA because of Model 3 production delays.
Tesla Model 3 Production inside factory

Tesla has 3 critical calamities, but there is good news with Model 3 too

Tesla is facing 3 critical tribulations and I a not even talking about its competition. If the CEO Elon Musk is able to face them and overcome them, then the near term prospect of the car-maker is brigh, but if Tesla can't tackle them I don't know how they will get out of this calamity. The good news is that Tesla Model 3 production may now be at 2,500 a week.

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