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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

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

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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