Tesla

Tesla’s Giga Shanghai Sets New Quarterly Record, Despite December Sales Dip

Tesla sold 55,796 vehicles built at its Gigafactory Shanghai in December, marking a 44-percent drop from the company’s deliveries in November, according to data shared on Monday by the China Passenger Car Association (CPCA) (via CnEVPost). In November, Tesla delivered 100,291 China-made vehicles, while the automaker also delivered 21.24 percent more vehicles in December 2021, […]

Tesla Details its Economic Impact on California

Tesla today outlined its economic footprint in California as part of a new blog post. Since its inception 20 years ago, Tesla has grown to become the Golden State’s largest manufacturing employer, with 47,000 direct employees as of 2022. California is home to Tesla’s Fremont factory — which last year became the highest-yield automotive plant […]

Tesla Achieves European Sales Record in Q4, Surging 70% Year-Over-Year

Tesla sold a record 92,000 electric vehicles (EVs) in Europe during the fourth quarter of 2022, representing a 77% gain from the previous quarter and a 70% increase year-over-year from the same quarter in 2021 (via @piloly). The numbers from Europe for December are now in and @Tesla has, as expected, achieved a significant new […]

Tesla Amends Lithium Supply Deal with Australia’s Piedmont

Piedmont Lithium Inc., an Australian lithium mining company headquartered in North Carolina, has amended its deal with Tesla to supply the electric vehicle (EV) maker with spodumene concentrate (SC6) — reports MarketWatch. Spodumene is a mineral that contains lithium, an integral component of the lithium-ion batteries used in EVs. In 2020, Piedmont struck a deal to […]

Tesla Fined $2.2 Million in South Korea for Alleged False Advertising

South Korea’s antitrust watchdog has announced a 2.85 billion won (about $2.2 million USD) fine on Tesla for alleged false advertising — reports Reuters. According to the Korea Fair Trade Commission (KFTC), Tesla failed to disclose the shortened driving range of its electric vehicles (EVs) in lower temperatures in its promotional materials. The regulator has […]

Tesla’s Giga Shanghai Chief Promoted to Global Sales Role: Report

Tesla has promoted the head of its Chinese operations, Tom Zhu, to manage all of the electric vehicle (EV) maker’s factories in the U.S., along with sales operations in both North America and Europe — reports Reuters. According to the publication, the executive change was detailed in an internal posting of reporting lines. As outlined […]

Tesla Led Car Sales in Norway for the Second Consecutive Year in 2022

Tesla sold more cars than any other automotive brand in Norway in 2022, according to a report from Reuters. This marks the second consecutive year of Tesla’s dominance as the country’s top-selling car brand. Tesla secured a 12.2% share of the Norwegian market in 2022, selling more vehicles — electric or otherwise — than any […]

How Tesla Can Make All Model Y Trims Qualify for Federal Tax Credits

Under U.S. President Joe Biden’s recently-signed Inflation Reduction Act (IRA), passenger electric vehicles (EVs) can qualify for a tax credit of up to $7,500 USD. The eligibility criteria for these tax credits, however, have left Tesla’s Model Y at a slight disadvantage. While the seven-seat variant of the Model Y qualifies for the federal tax credits […]

Hertz Sees Profits Surge After Adding Teslas and Other EVs

Rental vehicle company Hertz has seen its annual profits jump by 12% since adding electric vehicles (EVs) from Tesla, Polestar, and more to its fleet — reports The Cool Down. Hertz kicked off its transition to EVs by signing a $4.2 billion USD deal with Tesla for 100,000 units of the company’s Model 3 sedan in […]

Tesla Led EV Sales in France for 2022

Tesla dominated electric vehicle (EV) sales in France for the entirety of 2022 — reports Automotive News Europe. The all-electric pioneer also saw the largest volume gains of any automaker in the French market for 2022. Tesla’s sales increased 10% year-over-year, despite overall new car registrations in France dipping 31% below pre-pandemic levels from 2019 […]

Tesla Q4 2022: Record 405,000 Deliveries and 439,000 Cars Made

Tesla today announced its production and delivery numbers for Q4 2022 and the full year. The company said it produced a total of 439,701 cars and delivered 405,278 vehicles in the fourth quarter, falling slightly short of the analyst consensus of about 417,957 deliveries. “We continued to transition towards a more even regional mix of vehicle […]