Tesla Model 3

Tesla Model Y orders are now open

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 issues $13.8M in stock to buy trailers in bid to improve electric vehicle deliveries

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 […]

Polestar unveils its all-electric response to the Tesla Model 3

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 […]

Tesla Model 3 loses Consumer Reports recommendation over ‘reliability problems’

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. […]

Tesla Model 3 now costs $35,000 if you count incentives and squint really hard

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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. 

Model 3 starting cost now ~$35k (after ~$8k of credits & fuel savings) https://t.co/46TXqRrsdr

— Elon Musk (@elonmusk) February 6, 2019

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…

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Tesla says the Model Y is coming in 2020

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 […]

Elon Musk’s Twitter in 2018: Lawsuits, dank memes, and ‘funding secured’

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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…

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Elon Musk’s plans for 2019 might include a Tesla pickup truck prototype

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 […]

Elon Musk plans to buy another $20 million in Tesla stock

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 […]