Tesla breaks ground on Shanghai factory which will product Model 3 EVs for China

Tesla CEO Elon Musk has confirmed that the company’s first overseas factory in Shanghai will focus on producing Model 3 vehicles for the Chinese market only. Musk is currently in China to break ground on the new factory today, which is being developed in partnership with the Shanghai government — an ally that is likely to […]

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Tesla names Oracle’s Larry Ellison, Walgreens executive to board as part of SEC settlement

Tesla has added two independent directors to its board, Oracle founder and executive chairman Larry Ellison and Walgreens executive Kathleen Wilson-Thompson, as part of a settlement with U.S. securities regulators over CEO Elon Musk’s infamous tweets about taking the company private. The pair joined the board as of December 27, Tesla said in an announcement early […]

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Elon Musk lays out ambitious plan for Tesla Supercharger network in Europe

Tesla CEO Elon Musk is making some audacious promises again for the company’s network of electric fast chargers, known as Superchargers. This time, he’s aiming for 100 percent Tesla Supercharger coverage in Europe by next year. In response to a question on Twitter, Musk said Tesla’s Supercharger coverage will extend to 100 percent of Europe […]

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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 […]

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Tesla acquires trucking companies to squeeze in more deliveries before Dec. 31

Tesla CEO Elon Musk tweeted Thursday that the electric automaker had “acquired trucking capacity,” a move aimed to boost deliveries of its Model 3 vehicles before the federal tax credit begins to wind down December 31. Musk at first didn’t explain what “acquired trucking capacity” meant. The company hasn’t posted any regulatory filings of an […]

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Tesla picks telco executive Robyn Denholm to replace Elon Musk as chairman

Elon Musk’s replacement as the chair of Tesla has been named and it is Robyn Denholm, an Australian executive who has been a director with the electric vehicle firm since 2014. Denholm is currently CFO of Australia-based telco Telstra and she’ll step into the breach once a six-month notice period is served, Tesla said in […]

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Tesla to bring portion of Model 3 production to China next year

Tesla, which reported its first quarterly profits in two years Wednesday, is looking to extend its earnings streak by bringing its new Model 3 to customers beyond North America. And part of that plan involves accelerating its manufacturing plans in China. Tesla saw its revenue skyrocket to $6.8 billion in the third quarter (and a $312 […]

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Elon Musk’s settlement with the SEC approved by judge, sending shares higher

The saga between Tesla CEO Elon Musk and the U.S. Securities and Exchange Commission, which began with a now infamous “funding secured” tweet about taking the electric automaker private, is officially resolved. A federal judge has approved Musk’s settlement with the SEC over securities fraud allegations. Bloomberg was the first to report the judge’s approval. […]

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Tesla vehicles ordered after October 15 lose out on full tax credit eligibility

Tesla customers who want the full $7,500 federal tax credit have until October 15 to order a Model S, Model X or Model 3 electric vehicle, a new deadline posted on the company’s website that could spark a flurry of sales. The October 15 deadline was added Thursday to the Tesla website. Earlier this year, […]

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Elon Musk is trolling the SEC on Twitter

Tesla CEO Elon Musk trolled the U.S. Securities and Exchange Commission in a tweet Thursday afternoon, poking the bear that just days before had agreed to settle securities fraud charges against the billionaire entrepreneur. The tweet, sent out at 1:16 pm PT Thursday, says: “Just want to that the Shortseller Enrichment Commission is doing incredible […]

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How the Audi e-tron compares to the Tesla Model X and Jaguar I-Pace

Audi just announced its first production electric vehicle. Called the e-tron, the EV is a mid-size SUV loaded with technology with an unofficial range of over 300 miles. It’s nicely equipped, and with a starting price of $74,800, it sits between the Jaguar I-Pace and the Tesla Model X. The e-tron is most similar to […]

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Elon Musk extends Tesla’s free supercharging for life offer

Tesla has been phasing out free unlimited access to its network of fast-chargers for a couple of years now. The last vestige of that program was a referral system that was supposed to expire at midnight Sunday. But it’s been given new life for at least one more day, and perhaps even longer to buyers […]

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