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The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents

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The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament

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A Trump Account could make your kid a millionaire by 45—but financial experts say the app's projections come with a catch

Elon Musk’s Latest Plan to Speed Tesla Production? Cut the Number of Available Paint Colors

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September 11, 2018, 4:35 AM ET
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Elon Musk’s efforts to streamline production at Tesla have gotten down to the paintwork.

The electric-car maker will ditch two of seven colors offered to buyers on Wednesday to simplify manufacturing, Musk, Tesla’s chief executive officer, said in a tweet. Obsidian Black and Metallic Silver will only be available as a special request and will cost more, he said.

Moving 2 of 7 Tesla colors off menu on Wednesday to simplify manufacturing. Obsidian Black & Metallic Silver will still be available as special request, but at higher price.

— Elon Musk (@elonmusk) September 11, 2018

The announcement follows a chaotic week for Tesla (TSLA) in which Musk lost his chief accounting officer after less than a month on the job, then smoked marijuana during a late-night podcast hosted by a California comedian.

In a blog post dated Sept. 7, Musk said Tesla is about to build and deliver more than twice as many cars as it did last quarter, without being specific about whether the company would accomplish this feat in the third or fourth quarter. During the three months that ended in June, Tesla produced 53,339 vehicles and delivered 40,740.

The only forecast Tesla had given previously for the third quarter was that it would produce 50,000 to 55,000 Model 3s.

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