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Tesla Invites Shareholders to Cybertruck Event with Random Draw

Tesla has opened a drawing for shareholders to attend the company’s upcoming Cybertruck delivery event in person, with a limited capacity for attendees. The Cybertruck Delivery Event is slated for November 30, 2023, at its Gigafactory in Austin, Texas. Shareholders interested in attending must verify their Tesla stock ownership as of September 30, 2023, through […]

Tesla Ups Model Y Price; Adds Stealth Gray for S/X, Free Colors

Tesla made several changes to its vehicle lineup on Thursday evening, seemingly aimed at driving demand in the fourth quarter of the year. The company increased the price of its Model Y Long Range in the U.S. to $48,990, up from the previous price of $48,490, a $500 US increase (via @Tslachan). The price increase […]

Tesla Gets $100 Million Tesla Supercharger Order from BP

BP pulse, the electric vehicle (EV) charging arm of bp, has announced a $100 million deal to acquire Supercharging hardware units from Tesla. The investment announced on Thursday aims to expand bp pulse’s public charging network across the United States and offer support for EV fleet customers by installing chargers at private depots. This marks […]

Tesla Says Cybertruck Deliveries Start in November

Tesla has announced it will begin Cybertruck deliveries starting in November, as noted in its Q3 earnings release. “At Gigafactory Texas, we began pilot production of the Cybertruck, which remains on track for initial deliveries this year,” said Tesla on Wednesday. Tesla says the production capacity of Giga Texas to manufacture Cybertruck is at up […]

Tesla Q3 2023 Earnings: $23.4 Billion in Revenue, Up 9% YoY

Tesla has released its financial results for the third quarter of 2023, revealing a mixed performance. The company’s total automotive revenues reached $19.625 billion, marking a 5% year-over-year (YoY) increase. However, Tesla’s net income attributable to common stockholders (GAAP) declined by 44% YoY to $1.853 billion. The company’s total revenues for the quarter stood at […]

Tesla Launches Upgraded Model 3 in the UK and Ireland

Tesla has announced its new upgraded Model 3 has launched sales in the United Kingdom and Ireland on Tuesday. As of writing, entry prices are as follows: Model 3 RWD – £39,990   Model 3 Long Range AWD – £49,990  These new upgraded Model 3 vehicles are manufactured at Gigafactory Shanghai in China. The upgrades […]

Tesla Milestone: 20 Millionth 4680 Cell Built at Giga Texas

Tesla announced on Wednesday it has reached a milestone at its Giga Texas factory: 20 millionth 4680 battery cells produced. The company announced the milestone along with a photo of staff outside the ‘Plaid’ entrance at Giga Texas, with balloons showing ‘20M’ signifying the 20 millionth number. Just built our 20 millionth 4680 cell at […]

Tesla Launches Color Wraps for Model 3 and Model Y

Tesla has rolled out a new offering for its Model 3 and Model Y vehicles: premium Color Wraps. The wraps are available for purchase exclusively through the Tesla app and are offered in seven distinct colors. The urethane-based film is self-healing and aims to protect the vehicle’s paint from chips, scratches, and swirling. The color […]

Tesla Price Drops Model 3 and Model Y in U.S. Again

Tesla has just released price cuts for its Model 3 and Model Y electric vehicles in the United States. The price drops come as Tesla is starting its fourth quarter. Below are the specifics of the price cuts in USD (via @Tslachan): Model 3 Price Cuts Rear-Wheel Drive (RWD): $38,990 (was $40,240; discount of $1,250 […]

Tesla Announces Model Y RWD in U.S. from $43,990

Tesla has unveiled its Model Y Rear-Wheel Drive variant in the U.S., with deliveries expected to commence between October and November 2023 (via @Tslachan). The U.S. joins Canada in gaining access to a Model Y RWD. The starting price for this new RWD Model Y is set at $43,990 USD, before accounting for the $7,500 […]

Tesla Q3 2023 Resulted in 435,059 Deliveries, Up 27% YoY

Tesla released its vehicle production and delivery statistics for the third quarter of 2023 on Monday, showing a decline compared to the previous quarter. The company produced 430,488 vehicles and delivered 435,059. This represents a 10.3% decline in deliveries from the 466,140 reported in the previous quarter and a 10.3% decline in production from the […]

Tesla Launches Extended Warranty Service in Canada

Tesla has officially rolled out its Vehicle Extended Service Agreement (Vehicle ESA) for Canadian customers. The extended warranty covers Model S, Model X, Model 3, and Model Y vehicles, according to an official document dated September 25, 2023, the day of the launch. The Tesla mobile app is showing an option for ‘Extended Service Agreement’ […]