Tesla

Dubai Taxi Company Adds 269 Tesla Vehicles to Fleet

Dubai-based taxi company, Arabia Taxi Dubai, announced the addition of 269 Tesla Model 3 cars to its fleet in a significant step towards meeting sustainable transport targets. The company, a subsidiary of the Economic Group Holdings owned by Sheikh Majid bin Hamad Al Qasimi, has signed an exclusive agreement with Tesla to support the transition […]

Tesla to Reintroduce ‘Low’ Regenerative Braking Mode

Summary: Tesla will reportedly reintroduce the ability to select different regenerative braking strengths in an upcoming software update. The company’s cars previously allowed drivers to pick between “Standard” and “Low” regenerative braking. However, the regenerative braking strength option was axed in newer models starting in late 2020. Tesla is planning to bring back low regenerative […]

Tesla Debuts ‘Ultra Red’ Model S/X in Taiwan

Summary: Tesla’s Model S and Model X in “Ultra Red” are now available in Taiwan. The company debuted the new Ultra Red colorway in March. Ultra Red replaces Tesla’s Red Multi-Coat option and looks to be a slightly deeper shade than its predecessor. Tesla has officially debuted its Model S and Model X electric vehicles […]

Tesla Model Y Joins Travelers Rest Police Fleet [VIDEO]

Summary: Travelers Rest Police Department introduces Tesla Model Y patrol cars. Electric vehicles provide unique safety features and improved pursuit capabilities. Lower maintenance costs and eco-friendliness make Teslas an attractive addition to the fleet. In a bid to help the environment and catch violators more efficiently, the Travelers Rest Police Department has introduced two new […]

Tesla Model Y in Canada Now Gets Federal and Provincial Rebates

Select models of Tesla’s Model Y now qualify for the iZEV $5,000 federal rebate in Canada, while also now eligible for select provincial rebates as well. This is possible because the Model Y RWD has returned to Canada, priced at $59,990 CAD (via @SawyerMerritt). This car has an estimated EPA range of 394 km and […]

Tesla Cybertruck Delivery Event ‘Probably’ in Q3, Says Elon Musk

On Tesla’s Q1 2023 earnings report, the company saw record production and deliveries, with revenues of $23.3 billion, up 24% year-over-year. In regards to the Tesla Cybertruck, the company shared photos of its production line and also winter testing photos for the first time. “Equipment installation for Cybertruck production at Gigafactory Texas continued in Q1 […]

Here are Tesla Cybertruck Production Line and Winter Testing Photos

Tesla announced its Q1 2023 earnings on Wednesday after the bell, revealing $23.3 billion in revenue and $2.5 billion in net income, thanks to record production and deliveries. The company also showed off the first images of the Cybertruck pilot line at Gigafactory Texas, plus an image of the upcoming truck winter testing. “Equipment installation […]

Tesla Q1 2023 Earnings: $23.3 Billion in Revenue, $2.5 Billion Net Income

Summary: Tesla on Wednesday reported revenues of $23.3 billion for Q1 2023, up 24% year-over-year. The company posted a net income (GAAP) of $2.5 billion, down 24% year-over-year. Tesla ended the quarter with 22.4 billion in cash, cash equivalents, and investments. Tesla announced its quarterly earnings on Wednesday afternoon, reporting record revenue for the first […]

Tesla Price Drop: Model 3 and Model Y Discounted Again in U.S.

Tesla continues to tweak its prices and just dropped prices of the Model 3 and Model Y in the U.S., again (via @WholeMarsBlog). Price drops are $2,000 for the entry Model 3 and $3,000 off the entire Model Y lineup. Check out the price drops for Model 3 below: RWD: $39,990 (was $41,990; -$2,000) Performance: […]

Tesla Unveils Model 3 Long Range RWD for UK B2B Customers

Tesla is making strides in the electrification of Europe’s commercial vehicle fleets with the introduction of the Model 3 Long Range Rear-Wheel Drive (RWD) for its business-to-business (B2B) customers in the United Kingdom. This new variant is specifically designed to cater to the unique needs of commercial clients, combining an industry-leading range of 394 miles […]

Elon Musk Founds X.AI, a New AI Startup

Summary:  Elon Musk has created X.AI, a new artificial intelligence startup. Twitter has been folded into X Corp., a new company incorporated in Nevada alongside X.AI. Musk has been recruiting researchers and purchasing GPUs to power an AI lab. Tesla and SpaceX CEO Elon Musk recently formed a new artificial intelligence (AI) startup, dubbed X.AI […]