Tesla News
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Tesla, as promised, delivered the first examples of its highly anticipated Model 3 sedan on Friday. Around 30 lucky customers received their cars. The good news is that Tesla finally revealed some specs for the production version of the Model 3. Just two versions are being built in this initial phase to streamline the production process as much as possible: base and Long Range. Crucially, Tesla has kept its promise of a $35,000 starting price for the base Model 3. The Long Range model starts at $44,000. The base model comes with an EPA-estimated range of 220 miles, a 0-60 mph time of 5.6...
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Elon Musk's Boring Company merges with Hyperloop for NY to DC transportTesla CEO Elon Musk, ever the visionary, says he received "verbal approval" from the United States government to build a Hyperloop through New York City, Philadelphia, Baltimore, and Washington D.C. Musk's claim also references his latest venture, The Boring Company, merging it with his proposed...
Sean Szymkowski -
What's inside Tesla's battery pack?EV West has shown us the proper way to break down a Tesla Battery pack. They remove multiple modules in order to reuse them under the skin of cool projects. What if you just want to rip open a module to see what's inside? Well, you don't need to do it as cleanly as EV West. Instead you can just...
Jeff Glucker -
First production Tesla Model 3 revealed, deliveries to start July 28Tesla CEO Elon Musk took to Twitter on Saturday to reveal the first production example of the Model 3. The car, referred to internally as “SN1,” an acronym for “Serial Number 1,” was completed at Tesla’s car plant in Fremont, California on Friday. No additional details...
Viknesh Vijayenthiran -
Tesla to build world's biggest battery in AustraliaTesla has entered a partnership with an Australian state to build the world’s biggest battery. The lithium-ion battery will be made up of Tesla’s industrial-scale Powerpacks and serve as a storage system for the power grid of South Australia. The total capacity will be 129...
Viknesh Vijayenthiran -
Tesla hits back at IIHS after Model S falls short in latest crash testsThe Tesla Model S has consistently ranked at the top of independent crash tests since its debut earlier this decade, leading to its reputation as one of the safest cars in production. However, the Insurance Institute for Highway Safety only gave the electric sedan an “Acceptable” rating...
Viknesh Vijayenthiran -
The Tesla Model 3 hasn't entered production yet, but Elon Musk never rests. The Tesla CEO claims to have had good conversations with the city of Los Angeles over the use of high-speed traffic tunnels being developed by his latest venture, The Boring Company. The entrepreneur said via Twitter on Sunday he's had "promising conversations" with Los Angeles Mayor Eric Garcetti about the tunnels. The Boring Company envisions a high-speed network of tunnels to shuttle pedestrians, cars, bikes, and other traffic beneath the ground between major hubs. You drive onto a platform which then lowers into...
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After eclipsing Ford and GM, Tesla's market value briefly surpasses BMWThe market value of Tesla [NSDQ: TSLA] rallied once again last week and the automaker briefly surpassed BMW in market capitalization. According to Bloomberg, Tesla's stock climbed following CEO Elon Musk's announcement that the Model 3 would begin production in July and be followed in two to three...
Sean Szymkowski -
AAA hikes Tesla insurance rates due to higher than average number of claimsTesla owners carrying policies through AAA aren't going to like this news: rates are going up. AAA determined the Tesla Model S and Model X are both affected by abnormally high claim rates. In turn, AAA could raise rates up to 30 percent. Tesla has disputed the analysis by AAA and said the data is...
Sean Szymkowski -
Toyota offloaded Tesla shares in 2016Toyota on Saturday revealed that it sold its remaining shares in Tesla at the end of 2016. The Japanese automaker previously sold some of the shares in 2014. Toyota’s investment in Tesla followed that of Mercedes-Benz parent company Daimler in 2009. Daimler bought 10 percent of Tesla for an...
Viknesh Vijayenthiran -
Tesla Model 3 leaked data suggests 0-60 time of 5.6 secondsMore details on the Tesla Model 3 have emerged ahead of the car’s July debut. Slides comparing the Model 3 with the Model S recently surfaced on a Tesla enthusiast site and are said to have been supplied by a company insider. The slides are allegedly part of a Tesla campaign to train...
Viknesh Vijayenthiran -
Tesla reinstates free Supercharging for existing ownersGood guy Tesla has had a change of heart. Following news the company would begin charging for Supercharger station use, Elektrek reports Tesla will extend free charging to all existing owners. That means one of the greatest perks of owning a Tesla has once again returned. Tesla's original plan was...
Sean Szymkowski -
It was only a couple of weeks ago that Tesla CEO Elon Musk revealed just what was in store for his newest startup, The Boring Company. The company hopes to establish a network of tunnels in congested cities, through which cars would travel between fixed points on high-speed, electrically-powered sleds. A video released by The Boring Company shows just how the concept would work. A car drives onto an elevator-like platform at road level at which point the platform lowers into a tunnel and becomes an electrically-powered sled. The sled then accelerates down a short track before merging into a...
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Tesla reveals pricing for solar roof as order books openTesla on Thursday started taking orders for its newest energy product, glass roof tiles incorporating solar panels. Tesla has four different designs for the roof tiles, which the company calls Solar Roof tiles, though only two are available for order at present. Tesla is taking a $1,000 deposit and...
Viknesh Vijayenthiran -
Tesla Model Y to feature new platform, falcon wing doorsIt seems a day doesn't go by without Tesla hinting at its next big plans as a company. Most recently, Tesla CEO Elon Musk dropped a few nuggets of information surrounding the elusive Model Y during an earnings call. We've known about the Model Y for some time, but the rumor mill has subsequently...
Sean Szymkowski -
Fully self-driving cars will be ready in 2019, says Elon MuskIt's no secret Tesla CEO Elon Musk is a pretty ambitious guy who likes to look to the future, and his latest prediction keeps pace with those of the past. In only two years, Musk believes, fully self-driving cars will be on the road. Musk made the prediction during a recent TED talk where he also...
Sean Szymkowski -
Elon Musk teases Tesla semi truck, reveals tunnel-boring plansTesla CEO Elon Musk has revealed more details on the company’s upcoming electric semi-trailer truck as well as his plans for a separate tunnel boring company aimed at alleviating traffic. During a TED talk held Friday in Vancouver, Musk presented the first image of the new Tesla truck which...
Viknesh Vijayenthiran -
Tesla taking a huge risk with Model 3 productionTesla is often known as an unconventional automaker, which can be traced to many facets of its operations. However, the electric car company's unconventional procedures surrounding the much-hyped Model 3 represents a major gamble. It turns out Tesla will skip the normal production procedure of...
Sean Szymkowski -
Tesla has issued a voluntary recall of some 53,000 Model S and Model X vehicles because the parking brake may remain stuck and engaged. This marks the electric vehicle automaker's first recall of 2017. Green Car Reports states the vehicles potentially affected by the sticking parking brake were built between February and October of 2016; 31,000 of the vehicles were sold in the United States. The specific problem involves an internal gear in the parking brake assembly that may fracture once engaged, thus leaving the Model S or Model X stuck with the parking brake in the on position. However...
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Tesla Model S, Model X 100Ds see price hikesCustomers mulling over the purchase of one of Tesla's performance-oriented 100D and P100D models best act quickly. The automaker has confirmed it will be increasing prices for the Model S and Model X range-toppers. The price shuffling follows Tesla decision to decrease the price for its base Model...
Sean Szymkowski -
Tesla Model 3 reveal in July, semi truck in SeptemberThe second half of 2017 will be busy for Tesla as the company reveals two new products and starts production of one of them. The first to arrive will be the highly-anticipated Model 3 sedan. It will be revealed in July, the same month the first customer examples are scheduled to roll off the line...
Viknesh Vijayenthiran -
Tesla is now the second most valuable automaker in the USThe almighty stock valuation reigns supreme for a lot of folks when it comes to determining the value of a company. That's because, well, that's how you can apply an actual monetary value to a company. Gather up all the shares, sell them, and see how much you get. For Tesla, that value is around...
Jeff Glucker -
Tesla Model 3 range higher than Bolt EV, hints MuskThe Chevrolet Bolt EV has a range of 238 miles and can be bought today for $37,500. Later this year, Tesla will launch its Model 3 which is promised to deliver at least 215 miles of range for $35,000. However, in a Twitter post on Friday, Tesla CEO Elon Musk hinted that the Model 3 will have more...
Viknesh Vijayenthiran -
Tesla: What’s new for 2017Tesla is gearing up for its highly-anticipated Model 3 which is scheduled to enter production this July. The car, expected to arrive as a 2018 model, has already racked up hundreds of thousands of pre-orders and will keep the company extremely busy for the next several years. Tesla's existing...
Viknesh Vijayenthiran