Tesla Model Y May Get Track Mode Soon Says Elon Musk

Tesla CEO Elon Musk has had an active evening tonight on Twitter and his latest reply to an inquiry has confirmed track mode may make its way to the Tesla Model Y. "Can we get track mode for the model Y? Is it possible?”, asked @teslaownersSV. Musk just replied with a “yes”, essentially answering the...

Tesla Berlin Gigafactory July 2020 Construction Update Flyover [VIDEOS]

Tesla Giga Berlin, also known as Gigafactory 4 continues to progress at a solid pace, according to the latest drone flyover shared by Robert und Andreas. https://youtu.be/47EIOnFUDPw https://twitter.com/wolfpackberlin/status/1282345643953008641 The site is located at a 300-hectare site in the municipality of Grünheide in Germany. The first phase of Giga Berlin will see production of Model Y...

Tesla Model Y Price Drops $3,000 in USA, $6,000 in Canada

Tesla has dropped the price of its newest electric vehicle, the Model Y, surprising new and existing customers on Saturday afternoon (via Reddit). The Model Y Long Range AWD now starts at $49,990 USD, a price drop of $3,000 USD (was $52,990 USD). The Performance Model Y dropped $1,000 to now start at $59,990 USD,...

Tesla CEO Elon Musk Now Richer Than Warren Buffet

The latest update to the Bloomberg Billionaires Index now lists Tesla CEO Elon Musk as the world’s seventh-richest person, surpassing billionaire Warren Buffet. With Tesla shares hitting an all-time high on Friday as part of a nearly 11% surge, Musk’s wealth increased by a whopping $6 billion on July 10. Shares of Tesla have increased...

Tesla’s 2020 AGM and Battery Day Now Set for September 22

Tesla has announced its 2020 Annual General Meeting of stockholders will now take place on Tuesday, September 22, 2020. This is the same day where the company’s Battery Day presentation will take place. The AGM will take place at 2:30pm PDT at Tesla’s Fremont Factory, located at 45500 Fremont Blvd, Fremont, CA 94538. Tesla says “eligible...

Fisker and Karma EV Startups Raise Millions of Dollars From Investors

Two electric vehicle startups, Fisker inc and Karma Automotive have recently received millions from investors. According to The Verge Fisker Inc, received $50 million from investor Louis Bacon. Karma Automotive received $100 million from unknown outside investors. The investment has come at a time where interest for start-up electric vehicle companies has risen. This is […]

Tesla Lands Tax Break for Gigafactory in Austin, Texas

Elecktrek reports Tesla has been approved for a tax break from local school district Del Valle Independent School in Austin, Texas. This is a key move for Tesla as it saves over $50 million in taxes for the next decade. Money Tesla would have paid in taxes for the new Gigafactory will go to the […]

Tesla Close to Joining S&P 500 Stock Market Index

Reuters reports Tesla is on the verge of joining the S&P stock market index. If this happens, it will be a major victory for both Tesla CEO Elon Musk and investors. It will launch a new demand for shares into Tesla, which has already gone up by 500% in the last year. Furthermore, analysts are […]

First Tesla Model Y Hits Turo in Canada at Rate of $259 Per Day

Peer-to-peer car sharing platform, Turo, has announced the first Tesla Model Y has hit its listings in Canada. Tesla delivered the first Model Y in Canada back in June and according to Turo, the company tells Tesla North, "guests have the unique opportunity to experience one of the only Model Ys available in the country."...

Tesla Model Y Dyno Test Surpasses 500 Horsepower [VIDEO]

Mountain Pass Performance recently put a Model Y on a dyno, which measures a car’s performance (horsepower and torque figures). The model they tested was the Model Y AWD Performance variant, in which the EV database estimates a power output of 456hp (via InsideEVs). But, when the Canadian garage based in Toronto, Ontaro, tested the Model […]

Tesla “Very Close” to Level 5 Autonomous Driving Says Elon Musk

According to Reuters, Tesla CEO Elon Musk said the company is “very close” to Level 5 Autonomous driving technology. Level 5 is full automation. This is where zero human attention or interaction is needed when driving and would be a huge step for autonomous driving when it comes to commercially sold passenger vehicles. The Tesla […]