Tesla Model Y deliveries have begun ahead of schedule, as reported by Tesmanian. Worldwide, Tesla has already sold around 30,000 copies of the Model Y, marking it the 3rd best-selling car in the world in the month of July. While Tesla’s electric crossover had only been delivered in the US and Canada prior to this, […]
Electric vehicle (EV) manufacturer Tesla (TSLA) saw an incredible opening to Q3 last month with several stock records broken. They’re already starting September with an interesting new development, too. According to Yahoo Finance, Tesla (TSLA) is preparing to sell up to $5 billion USD of its shares, after a massive August for the EV company […]
Looks like Tesla’s Model 3 in China will be getting a factory chrome delete option, following in the footsteps of the Model Y. Tesla recently submitted a filing with the Ministry of Industry and Information Technology, indicating it was changing the exterior of the Model 3, reports Tesmanian. Within the filing, a photo shows where chrome...
During Tesla’s Q1 2020 earnings release, the company shared how the Model Y rear underbody was made from two pieces of metal, and would be eventual be a single piece, thanks to a new casting machine. Compared to the Model 3 rear underbody at 70 pieces of metal, a new “giga press” used by Tesla...
After announcing during its second quarter earnings call it had decided on Texas as the next location for its ‘terafactory’, Tesla’s future site of Cybertruck production continues to progress at a solid pace. A new video filmed by drone over the Austin, Texas, site by the Terafactory Texas YouTube channel reveals massive cleaning of the […]
It should come as no surprise that a Tesla is many people’s dream car, just like it was for this Model 3 owner in China. Yesterday, he went on Twitter and talked about his disability, being left wheelchair-bound after suffering a spinal injury back in 2018. The Tesla Model 3 vehicle was initially out of […]
Tesla has just announced its Q2 2020 earnings for the period ending June 30, 2020. The company achieved $5.17 billion in revenues, while seeing a $104 million net income, meaning four quarters of sequential profit for the company, despite COVID-19 lockdown at its Fremont factory. Wall Street expected earnings per share of $0.03 and revenue...
Shares of Tesla have again reached an all-time high, closing the Friday trading day at $1,544.65 per share, after reaching a record $1,548.92 for the day. Tesla was up 10.78% for the day after CEO Elon Musk said the company would be building a smaller Model Y for Europe. Responding to a tweet from Tesmanian...
The China Passenger Car Association (CPCA), has reported that 14,954 Tesla Model 3 vehicles were sold in June. That is a 35% increase from May–when Tesla sold 11,095 units, and a 311% increase from April, when 3,635 units were sold. This shows then, Model 3 sales are up on the rise in China; a tough […]
Following approval from the Ministry of Industry and Technology in China, Tesla will use lithium iron phosphate batteries in the future. The material, also known as LFP, “contain no cobalt – one of the most expensive metals in electric vehicle (EV) batteries”, as according to sources at Reuters. As it stands, Tesla had been in […]
Perhaps even more impressive than Tesla’s innovative electric vehicles is the fact that the company also created a charging infrastructure network for drivers. In North America, Tesla Supercharger expansion has experienced steady growth since its inception. As more vehicles sell and more drivers take to the roads, the demand for convenient access to charging stations […]
Over the course of the past year, Tesla Inc. made some significant moves in the Chinese market. Even though some legal problems arose as a result of their latest forays in Shanghai and elsewhere, the company maintains steady growth in the market. Following the construction of their Shanghai Gigafactory, Tesla announced plans to build a […]
Electric vehicle maker Tesla Inc. has had some success expanding into the Chinese market. However, the company has also had its fair share of trouble in the Asian market. Earlier in the year, customers expressed dissatisfaction over some errors in chips sent out with the China-made Model 3. While that case lingers, Tesla faces numerous […]
The dispute between Alameda County and electric vehicle manufacturer Tesla Inc. may be coming to a head soon. Earlier in the month, Tesla CEO Elon Musk resisted county orders insisting Tesla’s production facility in Fremont remain closed. Earlier in the week, Tesla decided to reopen the factory despite local regulations, a move that created even […]
Tesla Inc.’s controversial decision to reopen its Fremont, California production facility defies Alameda County’s orders. The electric vehicle maker has had its main facility in Fremont closed since March. Leadership is eager to return to work. It doesn’t help that the company experienced similar production hurdles in Shanghai earlier in the year due to coronavirus […]