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Elon Musk

Daniel Howes / Detroit News

It’s good to be Elon Musk.

The chairman of Tesla, the electric car maker, cops to, quote, “production hell” for its new Model 3 compact. And the response from Wall Street? Mostly just yawns.

Parts of the car are being “hand-built,” – for now, anyway – and Tesla’s stratospheric shares take only a slight hit. Seriously?

Yes, it’s good to be ol’ Elon – often wrong, never in doubt and seldom punished.

Tesla

Tesla will acquire Riviera Tool in Cascade Township, renaming the company "Tesla Tool and Die Factory."

The Silicon Valley-based auto and battery manufacturing company has used Riviera as a supplier before, but the acquisition means Tesla will become the factory's only customer.