The number of Tesla Model 3 and Tesla Model Y units has surged in South Korea, like in many places throughout the world, and the company has just announced a new piece of hardware in the country that’s set to make charging easier. Tesla announced plans to release its CCS Combo 1 adapter later this […]

After increasing the prices of its Model 3 and Model Y in the United States by up to $2,000 USD in the United States, a similar price increase has hit Canada. The Model Y Long Range has increased in price by $1,000, now starting at $70,990 CAD, up from $69,990 CAD. The Model Y does […]

During Tesla’s 2021 shareholder meeting yesterday, the company touched on its ongoing strong cash flow generation, which is expected to grow even more once the company is able to increase the volume of cars with its autonomous technology, known as Autopilot. CEO Elon Musk said Tesla has, “continued strong cash flow generation, especially as you […]

At Tesla’s 2021 shareholder annual meeting of stockholders on Thursday, CEO Elon Musk announced the company’s Model 3 electric sedan is now the world’s best-selling premium vehicle. A chart from Tesla’s slide deck shows the Model 3 going from zero to number one in less than four years. “The best-selling premium vehicle globally is an […]

Tesla CEO Elon Musk was answering questions during the company’s 2021 shareholder meeting, currently being held at its new Gigafactory in Austin, Texas. When asked if there was going to be a rumoured Model 2, Musk replied, “Model 2 is not a car—there is no Model 2”, somewhat side-stepping the original question. He then repeated […]

Speaking at its 2021 shareholder meeting at its new Gigafactory in Austin, Texas, CEO Elon Musk clarified the production timeline for its upcoming Cybertruck. Musk said Cybertruck production would start in 2022, with volume production one year later in 2023. He also said the company’s Semi and new Roadster should hopefully start production in 2023 […]

Tesla CEO Elon Musk announced the company is moving its headquarters from Fremont, California, to Austin, Texas. The announcement was made at the company’s new Gigafactory in Austin, and after he mentioned the change, there was thunderous applause. “We will be continuing to expand California activities,” said Musk. “We’re not leaving California. Our intention is […]

During Tesla’s 2021 shareholder meeting, CEO Elon Musk said Tesla is purchasing a lot of battery cells from suppliers at mass scale, as the company tries to keep up with customer demand. “We need a lot of batteries”, reads Tesla’s slide deck on the matter. Tesla says it “accounted for 0.7% of car sales but […]

Tesla has kicked off its 2021 annual meeting of stockholders at its new factory in Austin, Texas. When CEO Elon Musk took the stage, he reiterated the company’s Model Y “should become the best-selling vehicle of any kind”, globally. The company says this goal is expected sometime in 2023, thanks to its four factories: Fremont, […]

As Tesla’s solar plans continue to grow, it appears to be expanding its customer base across the United States. Tesla solar roof installs now are available to “any customer anywhere in the U.S.,” according to sources familiar with the subject who spoke with electrek. Now, anyone will be able to submit an order to Tesla […]

Roth Capital Partners analyst Craig Irwin said that Tesla’s shares from retail investors “could move out quite violently” when other options like the Apple Car become available Yahoo Finance Live on Thursday. Irwin emphasized a number of topics relating to Tesla, like the Cybertruck, the company’s 2022 production plans, and also saying that Tesla’s move […]

Chinese automaker NIO saw its stock jump on Thursday after dropping off since July, following an increased outlook from one Goldman Sachs analyst, according to The Street. Goldman Sachs analyst Fei Fang increased his rating on NIO to “buy” from “neutral,” keeping to a price target of $56 per share. Fang said, “We believe Nio’s […]

Tesla was awarded a COVID-19 rules waiver in Germany ahead of its Grünheide County Fair Event, allowing the company to have up to 9,000 guests – compared to the government’s normal gathering limit of 5,000 guests. Environmentalist groups in Germany are pointing out that the move is part of a continued pattern of disruptive behavior […]

As Tesla faces an investigation from a U.S. auto regulator over its Autopilot driver assistance system, it’s also remaining one of the most purchased vehicles in many states – including Colorado. Tesla vehicles made up 52 percent of all-electric vehicle (EV) sales in 2020 in Colorado, accounting for 24,670 units and counting, according to KOAA […]

As Tesla prepares to widen the release of its next update for semi-autonomous driving, the company’s head has confirmed that perfect drivers will get it first. @Elon Musk said on Thursday that every Tesla driver with a perfect safety score will receive the Full Self-Driving (FSD) beta 10.2 on Friday, likely again at midnight PDT. […]