Tesla Shifting Model 3/Y Standard Range Cars to LFP Batteries Globally
During Tesla’s record Q3 earnings report, the company revealed its vehicle capacity from its factories in California and Shanghai are running at near full capacity. The company’s Fremont factory is able to produce 100,000 Model S/X and 500,000 Model 3/Y, while its Giga Shanghai factory is noted as over 450,000, making for a total of […]
Tesla Supercharger Stations Increase 49% Year-over-Year in Q3
During Tesla’s Q3 2021 earnings, the company revealed record net income, operating profit and gross profit. The company saw $1.6 billion GAAP net income from $13.7 billion in total revenues. When it comes to the company’s operation summary, Tesla said its Supercharger stations increased 49% year-over-year (YoY), with 3,254 total at the end of Q3. […]
Tesla Q3 2021 Earnings: Record $1.6 Billion Net Income, $13.7 Billion Revenue
Tesla has just released its Q3 2021 earnings, achieving the company’s best-ever net income, operating profit and gross profit. The company saw $1.618 billion in GAAP net income from $13.757 billion in total revenues. “We achieved our best-ever net income, operating profit and gross profit. Additionally, we reached an operating margin of 14.6%, exceeding our […]
A Tesla in Singapore Now Costs More to Own, Due to Rising COE Prices
@TeslaOwnersSG reported on Wednesday that Singapore has raised the cost of Certificates of Entitlement on its vehicles, essentially raising the price of Tesla’s Model 3 by default. The entry Tesla Model 3 Standard Range Plus will now cost SGD 192,113 ($143,000 USD) while the Performance variant will cost SGD 235,103 ($175,000 USD) due to the […]
Tesla Q3 2021 Earnings Call: What to Expect
Amidst the struggle of companies like General Motors (GM) during the semiconductor chip shortage, Tesla has continued to grow despite an overall auto industry downturn. Tesla’s stock is way up over the past several months, which could lead to post-earnings stock volatility for the company, according to Barron’s. While Wall Street reportedly expects Tesla to […]
First Tesla Location in Greater Victoria Will Be in Langford
Image via @MarcoRPTesla The location of the first Tesla sales and service center in Greater Victoria has been revealed. It has been rumoured the Tesla location would be in Langford, and now we have the exact address, according to @MarcoRPTesla. The address will be at 2371 Gate City Blvd, which is kitty-corner to the Costco […]
Tesla Driver Apparently Asleep at the Wheel Gets $368 Ticket in Vancouver
As Tesla fights to have its Autopilot and Full Self-Driving (FSD) beta systems recognized by the public, some drivers have been known to nod off while using the semi-autonomous driving technology – which Tesla says is a big no-no. A 21-year-old was issued a ticket for sleeping in her Tesla while crossing Vancouver’s Ironworkers Memorial […]
Canada Sees Zero-Emission Vehicle Registrations Surge in Q2 2021
Statistics Canada has released data for vehicle registrations in Canada for Q2 2021. Looking at new motor vehicle registrations for zero-emission vehicles (ZEV; which includes battery, plug-in hybrid-electric and hybrid electric vehicles), there were 24,006 for the second quarter, taking 4.9% of total vehicle registrations. Canada says 49.1% of new ZEVs were registered in Quebec […]
Tesla to Clarify Model X Delivery Timelines Next Month: Report
With deliveries of Tesla’s refreshed Model X finally kicking off in California, other buyers that ordered earlier this year and beyond are still waiting to find out when they’ll receive their cars. Tesla reportedly plans to have more clarity on Model X delivery timelines as soon as November, according to internal memos obtained by Electrek. […]
Volkswagen, Huawei Said to Partner for Autonomous Driving Tech, Claims Report
Earlier this year, Huawei and Baidu poured $19 billion USD into electric vehicles (EVs) and self-driving technology, and now Huawei is set to partner with another company, known for being a worldwide automaker. Huawei and Volkswagen will reportedly start a new joint venture together, in order to begin focusing on self-driving technology, according to people […]
New NHTSA Advisor Has History of Bias Against Tesla, Says Elon Musk
The National Highway Traffic Safety Administration (NHTSA) appointed a new adviser this week, and some Tesla fans are pointing out how the decision may be a conflict of interest that could be detrimental to Tesla. The White House on Tuesday selected Duke University Professor Missy Cummings as a new senior adviser to the NHTSA, according […]
Tesla Price Target Raised to $900 by BofA Securities
As Tesla prepares for its upcoming Q3 earnings report tomorrow, the company is seeing a number of analysts and firms bullish on what’s expected, following record Q3 deliveries. B. of A. Securities raised its price target on Tesla from $800 to $900 on Tuesday, according to MarketWatch. The news comes ahead of Tesla’s Q3 earnings […]
Tesla’s Cybertruck Will Have Removable Side Mirrors, Confirms Elon Musk
Earlier today, we saw a blurry video showing Tesla’s Cybertruck driving around with rear-wheel steering, while also sporting side mirrors for the first time. Now, we have confirmation the Cybertruck will have side mirrors, as per CEO Elon Musk. On Tuesday morning, Musk replied to a tweet by @adamhoov, with the latter saying “I’m not […]
Tesla Model 3 Leads Plugin EV Sales in France: September 2021
The Tesla Model 3 was the top-selling electric vehicle (EV) in France in August, and the overall upward trend of increased EV sales continued through last month, as detailed in a new report. 22 percent of all new September car sales in France were plugins, with plugin registrations totaling 28,781 units, according to CleanTechnica. The […]
Tesla Updates its ‘Manufacturing’ Website, Detailing Factories and Job Listings
It appears that Tesla has been going through and redesigning some of the pages on its site, with the company recently redoing another one of its pages. Tesla updated the manufacturing page on its website, now depicting a number of new pieces of information about its factories, its job listings and its manufacturing practices in […]