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Business News

Shouting CEO, changing rules: inside Tesla’s Model 3-building sprint

SAN FRANCISCO (Reuters) – A tense and short-tempered Chief Executive Elon Musk barked at engineers on the Fremont, California assembly line. Tesla Inc pulled workers from other departments to keep pumping out the Model 3 electric sedans, disrupting production of the Model S and X lines. And weekend shifts were mandatory.

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Trading Ideas

Japan picks Lockheed Martin radar for missile defence system: ministry official

Japan has selected Lockheed Martin Corp’s (LMT.N) advanced radar for its multibillion-dollar missile defence system, a Japanese defence ministry official with direct knowledge told Reuters on Tuesday on condition of anonymity. Japan plans to buy two Aegis Ashore batteries that it wants to deploy in 2023 in an upgrade of its missile defence system that could help ease trade friction with Washington and provide cutting-edge protection against the arsenals of North Korea and China. Reuters reported last week that the candidates for the radar were Raytheon Co’s (RTN.N) SPY-6 and a version of Lockheed Martin Long Range Discrimination …read more […]