Tesla

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 […]

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 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 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 […]

Starting on Tuesday, only 10 all-battery electric vehicles will qualify for the full $7,500 U.S. tax credit, according to the Treasury Department on Monday. Below are the 10 EVs and two plug-in hybrids that will be able to get the full $7,500 tax credit: Chrysler Pacifica $80,000 Plug-In Hybrid Ford F-150 Lightning $80,000 EV Lincoln […]

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 […]

Summary: Tesla’s Powerwall is now available in Thailand. Customers in Thailand can purchase Powerwalls through Solar D, a certified local installer. Earlier this week, utility applications suggested that Tesla could launch a next-generation “Powerwall 3” sometime soon. Tesla has officially launched its residential energy storage solution, Powerwall, in Thailand, according to Tesla enthusiast and Twitter […]

Summary: Tesla will produce Model Y Rear-Wheel Drive for the Israeli market at Gigafactory Berlin. Prior to opening Model Y RWD orders in Israel, the automaker launched the low-cost trim in Turkey. Earliest deliveries of the Model Y RWD from Giga Berlin are expected between September to November. Tesla will build Model Y Rear-Wheel Drive […]

Earlier this week, an alleged Tesla Model 3 ‘Highland’ refresh leaked, revealing a new front headlight and bumper design. The so-called leak was the Model 3 in a warehouse with its cover taken off and a photo snapped and shared to Reddit. Now, concept designer ‘Sugardesign’ has shared some images of the Model 3 ‘Highland’, […]

Summary: Tesla’s latest price cuts reduce the Model Y’s starting price by 24%, making it a more affordable option for buyers. The base versions of the Model 3 and Y are now cheaper relative to the average new vehicle selling price. Tesla’s constantly fluctuating prices are putting pressure on other carmakers that are struggling to […]

Summary: Tesla has announced a series of price cuts for its Model 3 and Model Y cars in various countries worldwide. The price cuts have ranged from 1% to as much as 25% and have been implemented multiple times in some countries. These reductions in price are part of Tesla’s efforts to make its electric […]

Tesla isn’t planning to put up a booth at the upcoming Auto Shanghai show, as shown in plans from the organizers of the event, Reuters reports. Auto Shanghai will take place from April 18 to 27, and the show is the largest auto show in Asia. It’s set to feature new vehicles and tech from […]

Brad Sloan shared a new drone video of Tesla’s Gigafactory Texas on Thursday, including some shots of the Cybertruck as it was being tested near what Sloan calls a “wind tunnel.” The Cybertruck can be seen parked on a pedestal in front of the wind tunnel container, and it appears that its windshield wiper is […]

An alleged picture supposedly leaked to the web showcased the front design of Tesla’s Model 3 ‘Highland’ refresh, and now some images are claiming the new car will include a dash that looks like it’s from the new Model S/X. Video and images are being shared across Chinese social media. One picture and video shared […]

Tesla is getting ready to launch Powerwall 3, the next generation of its residential energy storage product, according to new utility applications for the product, and as reported by electrek. The Powerwall 3 has been certified with a number of different utility companies, meaning that its launch could be imminent. While the certifications did not […]