Ford’s electric vehicle (EV) division, Model e, experienced significant financial setbacks in the first quarter of 2023, recording a staggering loss of $1.3 billion. This equates to an alarming $132,000 loss for each of the 10,000 vehicles sold during this period, marking a notable decline in performance from the previous year, where sales were 20% […]

Many Tesla owners right now are enjoying the free one-month trial to Full Self-Driving (Supervised) version 12.3.x, which is a big step change compared to the previous version 11. Version 12.3.x continues to be based on Tesla’s end-to-end neural network, bringing so many changes that are human-like. But not all Tesla owners are experiencing FSD […]

Tesla has launched some more accessories for Cybertruck, aimed at improving vehicle maintenance and cargo management for its owners. The newly introduced products include a detailing kit and a cargo management system, along with a themed t-shirt to celebrate the Cybertruck’s off-road capabilities. Cybertruck Detailing Kit – $130 USD Tesla’s Cybertruck Detailing Kit is designed […]

Tesla has reduced the prices across its vehicle lineup in Canada, reflecting similar price cuts in other markets. Here are the revised prices along with the discounts: Model 3 RWD: $50,990 (was $53,990) – $3,000 discount Model 3 Long Range: $60,990 (was $63,990) – $3,000 discount Both of these Model 3 trims qualify for the […]

Tesla is set to lay off 2,688 employees at its Giga Texas factory as part of a broader effort to reduce its workforce due to falling sales and an ongoing price war in the industry. The company issued a Worker Adjustment and Retraining Notification (WARN) notice on Monday, adhering to U.S. labor laws that mandate […]

Tesla’s Q1 2024 shareholder slide deck today teased for the first time, ride-hailing integration within the company’s mobile app. This comes ahead of Tesla’s August 8 Robotaxi unveiling. We see screenshots of the Tesla iOS app, where you can “Summon” a Robotaxi. You just need to “hold to order” on top of a circle. Next, […]

Tesla has announced a decrease in its net income for the first quarter of 2024, recording $1.1 billion in GAAP net income, down from previous quarters. The company faced several adversities including the Red Sea conflict and an arson attack at its Gigafactory Berlin, alongside the initial phase of the updated Model 3 production at […]

Tesla today finally announced a new Model 3 Performance, built on its latest upgraded design of its electric sedan (Highland). The Model 3 Performance has started making its way to select U.S. showrooms, and now we are learning some interesting tidbits Tesla has not talked about yet. For starters, Acceleration modes are the regular Chill, […]

Tesla has finally launched the latest iteration of the Model 3 Performance (based on its ‘Highland’ update), promising an exhilarating blend of power, responsiveness, and luxury for a starting price of $40,490 USD, after federal tax credits and estimated gas savings. This new model brings a series of upgrades designed for those who want the […]

A comprehensive analysis conducted through Consumer Reports’ 2023 Annual Auto Surveys has revealed significant brand-based variations in car maintenance and repair costs over time, highlighting Tesla as the brand with the lowest expenses in this category. The study, which polled members about their out-of-pocket costs for maintenance and repairs over the past year, underscores the […]

Image via u/ebaydan777 Tesla owner @JeffTutorials has shared an HD video walkthrough of Tesla’s unannounced and expected Model 3 Performance, or possibly “Ludicrous”. “I tracked down a Tesla Model 3 Ludicrous in California! Here’s a detailed HD video walkthrough of the vehicle, completely uncovered,” said Jeff on Monday, noting the Model 3 was found in […]

Tesla has reportedly confirmed a $5 billion order for electrodes with LG Energy Solution, marking a strategic shift towards in-house battery production. The order, covering a substantial volume sufficient for approximately 1.3 to 1.4 million electric vehicles, underscores Tesla’s transition to self-manufacture batteries, addressing around 70% of its annual production volume based on last year’s […]

Tesla has disbanded its recently established marketing team as part of broad company layoffs, signaling a move away from conventional advertising efforts initiated by CEO Elon Musk less than a year ago. According to unnamed sources speaking to Bloomberg, the decision resulted in the elimination of the U.S. “growth content” team, comprising roughly 40 members, […]

Tesla recently launched a proactive recall to fix an issue with Cybertruck pedals to secure them, where the pedal plate could get stuck if you floor the accelerator. The fix is also being issued to service centers as well. “On affected Cybertruck vehicles, when a high amount of force is applied to the accelerator pedal […]

Tesla has significantly reduced the price of its Full Self-Driving (FSD) package to $8,000 USD in the United States, down from the previous $12,000 USD. Canadian customers will also see a price cut, with the FSD package now costing $11,000 CAD, reduced from $16,000 CAD. The price of Tesla’s FSD package has seen several adjustments […]