Tesla has filed a pair of lawsuits against a handful of former employees who went to work at self-driving vehicle startup Zoox and Chinese EV automaker Xiaopeng. The separate lawsuits filed late Wednesday allege former Tesla employees stole trade secrets and used them at their new places of employment. Tesla declined to comment on either […]
Tesla Model 3
Customers can already place an order for the Tesla Model Y, a mid-sized crossover SUV that won’t go into production until 2020. Tesla requires a $2,500 deposit to complete the order for the all-electric vehicle, according to information posted on its website. A disclaimer on the order form states that “production is expected to begin […]
Tesla is using more than $13 million worth of stock to buy trucks and trailers that will transport its electric vehicles to customers, the latest effort by the automaker to improve its logistics and delivery services. Instead of using cash, Tesla issued $13.8 million in stock, a new securities filing posted Monday shows. Tesla used […]
Volvo’s standalone electric performance brand Polestar introduced Wednesday its first all-electric vehicle — a five-door fastback that is gunning for the Tesla Model 3. In the past few years, every time an electric vehicle — concept, prototype, or production version — has been unveiled, the term “Tesla killer” has been tossed about regardless of whether […]
Consumer Reports has placed the Tesla Model 3 into that fun-to-drive, terribly unreliable category where brands like Alfa Romeo, Land Rover and Masterati also live. Consumer Reports, which has a complicated relationship with Tesla, says it can no longer recommend the Model 3 because issues with the paint, trim and body hardware raises reliability questions. […]
Still waiting for that $35,000 Tesla Model 3? According to company CEO Elon Musk, it’s already here, though you’ll have to employ some suspension of disbelief to arrive at that number.
“Model 3 starting cost now ~$35k (after ~$8k of credits & fuel savings),” Musk tweeted on Wednesday.
If you go to Tesla’s order page for the Model 3, you’ll see the cheapest, rear-wheel drive with a mid-range battery starting at $34,850. Tesla breaks down the pricing as follows: The car itself costs $42,900, the incentives are $3,750, and gas savings are $4,300. Read more…
The Tesla Model Y — the SUV electric vehicle that CEO Elon Musk has been teasing and talking about since 2015 — will begin volume production by the end of 2020, the company said Wednesday in a letter to shareholders. The automaker, which has yet to show a prototype of the vehicle, said it will […]
Rev your (electric) engines.
Elon Musk joined Chinese officials to break ground on a brand spankin’ new Tesla factory in Shanghai Monday. The ‘Gigafactory 3’ in Shanghai will produce Model 3 and upcoming Model Y Teslas sold in China.
SEE ALSO: Elon M…
What better way to really understand Elon Musk’s year as Tesla CEO than to look back at his Twitter. It’s been a bumpy and very busy year for the electric car executive. He went from the depths of despair to turning a profit for Tesla for the first time — with a few lawsuits and scathing news reports thrown in for good measure. He even took a few puffs of marijuana on a podcast.
His most famous tweet of 2018?
Am considering taking Tesla private at $420. Funding secured.
— Elon Musk (@elonmusk) August 7, 2018
That led to a U.S. Securities and Exchange Commission (SEC) lawsuit and possible criminal investigation. In his settlement (which cost him $20 million and Tesla another $20 million), he was removed as chairman of the board and his tweeting is now under close watch. That didn’t stop him from taunting the SEC. He remains CEO of Tesla. Read more…
Tesla CEO Elon Musk has floated the idea for an all-electric pickup truck numerous times in the past two years. Now, he’s back at it, this time with a teaser that Tesla might have a prototype to unveil in 2019. Musk mentioned on Twitter the desire to produce a pickup truck way back in April […]
Tesla Model 3 owners who opted for the Performance variant now have a reason to go to the track. Or, if history is a guide, they’ll skip the track and try the newly released Track Mode software feature in a parking lot or winding road. Track Mode — to be clear — is designed for, […]
Tesla CEO Elon Musk, the company’s largest shareholder, intends to buy another $20 million in common stock, a move that appears to be in response to a recent settlement with the U.S. Securities and Exchange Commission, according to a filing Wednesday. The 8-K document detailed a settlement agreement between Musk, Tesla and the SEC over allegations […]