Tesla

SEC to Require Tougher Oversight of Tesla CEO Musk’s Tweets

SEC to Require Tougher Oversight of Tesla CEO Musk’s Tweets

Tesla CEO Elon Musk and the Securities and Exchange Commission reached a deal that would remove the threat of having him held in contempt for allegedly violating an earlier court order over his use of Twitter.
The SEC investigated tweets made by Musk in 2018 about a potential buyout of his …

Tesla to End Online Sales of New $35,000 Model 3

Tesla to End Online Sales of New $35,000 Model 3

Just weeks after announcing a major shift to online sales, Tesla said it would end online sales of its recently released $35,000 version of its new Model 3 sedan.
The Model 3 is Tesla’s lowest-price electric vehicle and the $35,000 version was released last month, following the release of higher priced …

Tesla’s New Strategy and Its $35,000 Model 3: What You Need to Know

Tesla’s New Strategy and Its $35,000 Model 3: What You Need to Know

Tesla will finally deliver the mass-market electric vehicle it promised three years ago.
The automaker unveiled its standard range Model 3, priced at $35,000 before incentives. It also said it was making significant changes in how it will sell cars going forward.
In addition, Tesla said it will close almost all of its …

Volkswagen Plans €20,000 Tesla Competitor

Volkswagen Plans €20,000 Tesla Competitor

Volkswagen will reportedly introduce a new electric vehicle that will compete with Tesla yet sell for less than €20,000 ($22,719).
The German automaker will convert multiple factories to produce electric vehicles according to a report in the Handelsblatt. The new electric vehicles will be based on the automaker’s MEB electric vehicle …

Tesla Reportedly Refunded 23% of Model 3 Deposits

Tesla Reportedly Refunded 23% of Model 3 Deposits

Electric vehicle manufacturer Tesla may have refunded some 23% of all deposits on its new Model 3 in the United States, according to new data released Monday.
Tesla began accepting $1,000 deposits for the new EV two years ago, promising customers that delivery would be in 2018. Tesla has repeatedly announced …

Tesla to Recall 123,000 Model S Electric Vehicles

Tesla to Recall 123,000 Model S Electric Vehicles

Tesla said Thursday it is voluntarily recalling approximately 123,000 of its Model S sedans because of a problem with a component in the vehicle’s power steering system.
The problem is limited to vehicles manufactured prior to April 2016. Model X and Model 3 vehicles are not being recalled.
Tesla told customers via …

Tesla Unveils Electric Truck – and a Surprise New Sports Car

Tesla Unveils Electric Truck – and a Surprise New Sports Car

Tesla unveiled its first ever electric semi-truck on Thursday evening at an event in Los Angeles that also included the surprise reveal of a new electric sports car.
The Roadster, as the new sports car is dubbed, carries the same name as Tesla’s first vehicle, which was produced from 2008 to …

Why Electric Vehicles May Have the Edge When It Comes to Cost of Ownership and Operation

Why Electric Vehicles May Have the Edge When It Comes to Cost of Ownership and Operation

While electric vehicles still look expensive, when compared to more traditional petrol-powered vehicles, their prices have come down in recent years. But that’s only half the story: their total cost of ownership is significantly lower as is the cost to power the vehicle.
More affordable EVs have come onto the market …

The Future of Electric (Vehicles) Is Bright

The Future of Electric (Vehicles) Is Bright

If you want a view into the future of electric vehicles, you need not look much farther than Scandinavia, specifically Norway and Sweden.
Drivers in Norway are adopting electric vehicles faster than anywhere else, where high taxes on conventionally-powered vehicles (i.e. diesels and gassers) alongside generous subsidies available to those purchasing …

Tesla to Merge with SolarCity

Tesla to Merge with SolarCity

Tesla Motors announced that it reached an agreement to acquire solar energy company SolarCity for approximately $2.6 billion.
The deal, which brings together two money-losing companies, requires the approval by holders of a majority of the total votes of shares of SolarCity common stock not owned by Tesla CEO Elon Musk …

Tesla on Autopilot Involved in Fatal Crash

Tesla on Autopilot Involved in Fatal Crash

The National Highway Traffic Safety Administration said that the driver of a Tesla automobile, operating the car in autopilot mode, died in a crash in May. The accident is believed to be the first death in a self-driving car.
Joshua Brown of Canton, Ohio was driving a Tesla Model S on …

Tesla Debuts Model 3 Electric Vehicle

Tesla Debuts Model 3 Electric Vehicle

Tesla Motors unveiled its new Model 3 electric vehicle Thursday night at its Los Angeles design studio.
The Model 3 will carry an MSRP starting at $35,000 and will be eligible for federal and state tax incentives for electric vehicles. The new EV is expected to have a range of a …