Tensions between Japan and South Korea come as the U.S. and its trading partners are embroiled in a global trade war.Technologyread more
The one-to-eight stock split would mean the current number of ordinary shares — which stands at 4 billion — will increase to 32 billion. It comes ahead of a reported Hong Kong...Asia Marketsread more
Minutes from the Reserve Bank of Australia's monetary policy meeting in July showed the central bank was ready to adjust interest rates if required.Asia Marketsread more
Current and former Tesla employees working in the company's open-air "tent" factory say they felt pressure to take shortcuts to hit aggressive Model 3 production goals,...Technologyread more
China's fiscal spending increased 10.7% in the first six months from a year earlier, the finance ministry said on Tuesday, underlining the government's bid to support the...China Economyread more
The findings by McKinsey and Company come amid a year-long tariff fight between the U.S. and China, which has spilled into areas such as technology and security.China Economyread more
Microsoft's considerable reach into the corporate world isn't something Slack CEO Stewart Butterfield is very concerned about.Technologyread more
Von der Leyen, one of the longest serving ministers in Germany, has tried to woo European lawmakers over the last two weeks.Europe Newsread more
A devastating outbreak of African swine fever that has killed millions of pigs in China is changing attitudes in a country where farm hygiene has often been seen as lax by...Livestockread more
In a closed-door meeting at a Manhattan mansion, executives outlined changes to controversial software that was implicated in two crashes.Aerospace & Defenseread more
President Donald Trump and the RNC are picking up key supporters in the business community who did not back him as a candidate in 2016.2020 Electionsread more
Tesla is bringing back its once popular referral program in a new form just months after killing it, the company said.
But the program will be different from its previous incarnation, which Tesla said was too costly to keep up.
For every customer a Tesla owner refers, the company will give both people 1,000 miles of free use of its Supercharger charging network and will enter the referrer into drawings for a special edition of the Model Y crossover monthly and second generation Tesla Roadster quarterly, each signed by Tesla CEO Elon Musk and Chief Designer Franz Von Holshauzen.
"While our previous Referral Program was very successful, it came with significant costs, and ending the program last year allowed us to pass those savings along to customers," Tesla said in a blog post Thursday night. "We've since restructured the program to save the company money while also offering rewards that are super exclusive."
The program is not quite as fat with incentives as its forebears. The previous version of the program gave owners six months of free Supercharging with the purchase of a Model X SUV, Model S sedan or Model 3 midsize sedan.
The previous program also gave referrers a chance to win a variety of awards, including having a photo launched into space, new wheels, priority access to software updates and vehicles.
An even earlier version of the program offered some buyers free unlimited Supercharging. The new program gives those participants in the program a two chances to win a new vehicles in each period.