Tesla
Tesla Exploited at Pwn2Own 2023, Hackers Win $100,000 and Model 3 [Update]
Back in January the Pwn2Own security conference announced Tesla would be a sponsor again for 2023. The conference offers cash prizes for white hat hackers to demonstrate live exploits, allowing companies such as Tesla to learn more about beefing up their software and hardware security. This year saw the addition of the Steam VM Escape category […]
Tesla Launches Extended Warranty for Model 3 and Model Y from $1,800
Tesla has debuted an extended warranty option on its Model 3 and Model Y units, with the latter coming at a price of $2,000 and covering the vehicles for two years and 25,000 miles, whichever comes first, spotted by @BLKMDL3 on Tesla’s website. The Model 3 extended warranty option comes at $1,800 USD, while the […]
Tesla Anticipates Losing Full $7,500 Federal Tax Credit on Cheapest Model 3: Report
Tesla has informed employees that it expects to lose the full $7,500 federal tax credit for its cheapest electric car, the Model 3 Standard Range, due to the vehicle’s batteries being sourced from China, according to information obtained by Electrek. The tax credit program for electric vehicles, which came into effect in January, has led […]
Tesla Giga Mexico Could Increase Cross-Border Trade By $15 Billion, Say Logistics Firms
Tesla’s opening of a new Gigafactory in Monterrey, Mexico, could boost cross-border trade by as much as $15 billion per year, according to some officials and logistics experts, as detailed in a report from Freight Waves on Tuesday. One such official includes Martha Delgado Peralta, Mexico’s undersecretary of foreign affairs, who recently predicted the increase […]
Tesla Now Considered Investment-Grade by Moody’s with ‘Baa3’ Rating
Tesla has been upgraded to blue-chip status by Moody’s Investors Service, which gave the company a “Baa3” long-term issuer rating on Monday (via Yahoo Finance). Blue chip status is given to companies that are valuable and well-established, indicating that the consultancy thinks Tesla is now investment-grade. Baa3 is the lowest rung on the Moody’s investment-grade […]
How Tesla’s Drag Strip Mode Works [VIDEO]
Tesla has aired a new video on its YouTube video to explain how Drag Strip Mode works on a Model S Plaid. Chris from Tesla Performance Engineering shared some key insights into how this feature works, which transforms the way Tesla Model S Plaid owners experience acceleration and speed on the drag strip. Drag Strip […]
Tesla Sales in China Climbing Heading into Q2, Shows Insurance Data
Tesla’s insurance data in China going into the third week of March shows gradual increases leading up to the end of the first quarter, as spotted and shared by @Tslachan on Monday. During the week of March 13-19, 18,712 Tesla vehicles were registered for insurance, up from 17,032 in the week prior and just 13,266 […]
Canadian Tesla Model 3 Deliveries Eligible for Federal Rebate Surged in February
After Tesla cut Model 3 prices in January, the entry version in Canada again qualified for the federal Incentives for Zero-Emission Vehicles (iZEV) rebate of $5,000 CAD. The latest data from Transport Canada shows there were just 2 cars from Tesla in January that gained the iZEV rebate. In February, this number surged to 1,777 […]
Legacy Automakers Face Pressure to Cut Costs Like Tesla: Analysts
Tesla and CEO Elon Musk’s plans to cut costs by 50 percent on its next-generation platform bring to light new questions for legacy automakers looking to catch up in the emerging electric vehicle (EV) sector. Namely, experts expect Tesla to gain access to thousands in cost advantages over its rivals, all while competitors attempt to […]
Tesla Shift Away from Rare Earths to Spur Magnet Race: Report
Tesla is hoping to do away with rare earths needed to make batteries for electric vehicles (EVs), even after removing some from past battery configurations. The shift will point to automakers needing more and more magnets, which Bloomberg says will shift the narrative to a magnet race in the coming years. The Tesla Model 3 […]
First Private Tesla Model S Plaid at Nürburgring Raceway [VIDEO]
German racecar driver Sebastian Vittel shared footage of him driving his own personal Tesla Model S Plaid out to the Nüburgring racetrack on Sunday, marking the first private Model S Plaid to hit the track, according to the video. Vittel pointed out that conditions on the track were far from ideal, with some dirt and […]
Tesla Autopilot Cleared in Fatal Newport Beach Crash
Authorities have concluded that Tesla’s Autopilot was not engaged during the tragic crash on May 12 involving a Tesla Model S Plaid, which killed three people and injured three others, reports the L.A. Times. The incident occurred on Pacific Coast Highway in Newport Beach, California, when the vehicle collided with construction equipment at high speed. […]
First Tesla Model S Plaid Arrives in Chinese Showroom
The first Tesla Model S Plaid has finally landed in China, arriving at one of the company’s showrooms in Shanghai, China, according to a tweet from @JayinShanghai. “It’s time to witness the ultimate driving experience that this beast has to offer. So, gear up and head over to the showroom to get a glimpse of […]
Tesla Owners Will Soon be Able to ‘Charge on Excess Solar’ from Powerwalls
Tesla will soon let owners of its electric vehicles (EVs) charge their cars using excess solar energy from a Powerwall, allowing them to “drive on sunshine,” as the company puts it. The information comes from Long Zheng (@longzheng), who pointed out code string changes shared by @Tesla_App_iOS for the as-yet-unreleased feature in the latest version […]
Tesla Soars to an Early Lead in US Luxury Market, Thanks to Price Cuts and Federal Tax Credit
Experian data reveals Tesla’s new registrations in January outnumbered Mercedes-Benz and Lexus combined According to a report from Automotive News, data from Experian reveals that Tesla Inc. has taken an early lead in the US luxury vehicle market in January, with 49,917 new registrations. BMW secured the No. 2 spot with 31,070 registrations, while Mercedes-Benz […]