Tesla News

It's been another punishing quarter for Tesla which on Wednesday reported a net loss of $702 million for the first three months of 2019. The result was a substantial step down from the $139.5 million profit reported in the prior quarter and a near match to the $710 million loss reported one year...

Tesla on Tuesday announced a series of updates for its 2019 Model S and Model X, and key among them is an increase in range for both models including as much as 370 miles for the Model S. The updates see the return of a Standard Range option for both cars, bringing the starting price down to...

Tesla on Monday unveiled its custom computers now installed on its cars and said the hardware would be able to drive its cars by the end of next year, pending approval from lawmakers. "We expect to be confident enough...where we think people do not need to touch the wheel (or) look out the window...

After video surfaced of a Tesla Model S smoking before catching fire, the electric-car maker has dispatched investigators to China where the incident occurred. Business Insider reported on the incident after a video of the electric car exploding surfaced on Chinese social media websites on Sunday...

In February, Tesla delivered on its long-awaited promise of offering a $35,000 Model 3. Named the Standard Range, the car finally went on sale to give fans the most-affordable option possible. On Thursday, Tesla announced it's making that car much harder to buy. The electric car maker has removed...

Fiat Chrysler Automobiles and Tesla have become unlikely bedfellows in circumventing European Union emissions violations because of a loophole in the regulations. FCA will pay Tesla for permission to count its EVs in FCA's own fleet under an option in the regulations known as the “open...

Apple has poached yet another Tesla executive. The technology company has brought on Tesla's head of powertrains, Michael Schwekutsch. Schwekutsch was previously in vice president of engineering at Tesla where he oversaw electric motors, transmissions, and axles. According to his LinkedIn profile...

Tesla operated a very generous referral program for years but axed it on Feb. 1 due to high costs. Less than two months later the referral program is back—with a few twists. A lot of the benefits remain from the old program, but they've been drastically scaled back. For example, the old...

Tesla CEO Elon Musk hasn't been shy about the fact that the automaker is working on an electric pickup truck, and on Friday evening the executive tweeted a teaser image of the truck. The shadowy image is said to depict the "Tesla cyberpunk truck" according to Musk. It appears to be a rear view of...

Tesla intends to keep the juice flowing with the addition of the Model Y, a small crossover SUV releated to the Model 3 and capable of fitting three rows of seats. The electric automaker's CEO, Elon Musk, took to the stage Thursday in Los Angeles to reveal the Model Y, first deliveries of which are...

Tesla announced Sunday that it will raise prices by about 3 percent on average across the board. The only exception will be the base Model 3, known as the Standard Range, which will keep its $36,200 starting price. The increased pricing will be introduced after March 18, so potential buyers have a...

Porsche announced on Friday that its Taycan will be revealed in September, which points to a debut at the 2019 Frankfurt International Motor Show on the same month. We'll remind you that it was at the Frankfurt show that the original Mission E concept was first shown four years ago. When Porsche...

Tesla on Wednesday announced a new V3 Supercharger that supports charging of up to 250 kilowatts. That's up from a peak 145 kw for the current V2 Superchargers and will see a Model 3 Long Range add 75 miles of range in 5 minutes using the system at peak efficiency, according to Tesla. The other...

Tesla on Thursday announced that the base Model 3, the $35,000 electric car that buyers have been waiting for since the mid-size model was announced in 2016, is now on sale. Tesla revealed the Model 3 Standard Range has an electric driving range of 220 miles, can accelerate to 60 mph in 5.6...

This past May, a Dutch coachbuilder brought designer Niels van Roji's gorgeous Tesla Model S shooting brake design to life. Next month, it will touch down in Switzerland for the 2019 Geneva Motor Show, but alas, there's a unfortunate twist. The coachbuilder responsible for production has closed up...

Tesla on Friday announced in a company email that it has cut 7 percent of its full-time workforce. The move is aimed at getting overheads down so the company can start churning out more affordable Model 3 sedans, namely the promised $35,000 Standard model which will have a 220-mile range. Tesla...

Apple has once again sparked rumors it may be developing more than just self-driving car software. The California-based technology giant has hired Andrew Kim, a former senior designer at Tesla. The Verge reported on Kim's hiring on Monday and said Kim's first day at Apple was last week. Kim's...

What started as a joke has turned into a real-life prototype. Elon Musk japed that he'd dig tunnels under Los Angeles to avoid traffic, and on Tuesday his Boring Company opened its first prototype tunnel in LA. The entrepreneur behind Tesla and SpaceX also provided more details on how the system...

It’s not a hypercar, supercar, or even a sports car, and yet it’s one of the most hyped vehicles of the last decade. The Tesla Model 3 needs no introduction. The linchpin in Tesla’s Master Plan, the Model 3 is supposed to be an affordable, high-volume electric car. It’s not...

Tesla sued a former employee for allegedly stealing confidential photos and video of Tesla's manufacturing systems and other trade secrets this past summer, and it's just been reported the electric car company is seeking $167 million in damages from the lawsuit. CNBC reported Tuesday that Tesla's...