Technology News from the World's Most Influential Companies
Tesla Motors is serious about the Model 3. How do we know that? Because the company has flown in no less than six planeloads full of robots and other equipment from across the pond in an effort to speed up battery production for the Model 3. To offer a little bit of background, Model 3…
In what seemed like a sudden announcement, Elon Musk announced Tesla will stop selling its entry-level 75D versions of Model S and Model X. “Starting on Monday, Tesla will no longer be taking orders for the 75 kWh version of the Model S & X,” Musk tweeted few days ago. “If you’d like that version,…
Tesla CEO Elon Musk announced today via twitter that the electric car maker will build higher cost models of S, X, 3 and Y, in the United States, while Shanghai Gigafactory will exclusively focus on building affordable versions of Model 3 and Model Y for Greater China. Tesla CEO Elon Musk made the announcement as…
Tesla Q4 2018 Production and Delivery
Why Tesla will not refresh Model S exterior in a hurry.
Model 3 Production Q4 2018 According to Bloomberg Tracker that estimates Tesla Model 3 production, the electric car maker built 60,862 Model 3s in the fourth quarter of 2018, which is 7,623 units more than what the company built in the third quarter of 2018. Bloomberg Tracker has its fair share of critics for not…
When 2018 started, no one really spoke at length about the car that made Tesla a recognized brand all over the world, the Tesla Model S. The discussion was always centered around Model 3, the production ramp and how Tesla was not keeping its promises. Despite being thrown into the shadow of the Model 3,…
As 2018 edges closer towards its end, Wedbush Securities analyst Dan Ives says demand for Tesla Model 3 sedan “looks very strong into 2019 and beyond.” In his note to investors, Dan Ives wrote that “underlying drivers for the electric vehicle market are likely to push consumers toward Tesla’s cheapest passenger car.” According to the…
The federal tax credit of $7,500 gets cut in half after December 31, 2018, so if your car gets delivered after the cut off, you only get 50% of that. Musk has now tweeted that Tesla will spot the remaining $3,750 if the car was ordered prior to the deadline and the customer has made “good faith efforts” to receive the vehicle before it expires.
What might be a battery fire almost completely gutted a Model S in the Bay Area last night. The owner was having the car towed to a garage to fix a flat tire, but on the way the vehicle started spewing smoke. By the time the Fire Department reached the scene, the car was already…
Tesla shares will drop 30% in the next 6 months due to increased competition, warned Goldman Sachs analyst David Tamberrino after assigning a $210 six month price target for Tesla shares in September. With two more months left, the price target seems woefully off, as Tesla is trading well above his price targets. Tamberrino reiterated…
Six months ago, Tesla asked Model 3 customers to wait three to five months for delivery after configuring their car. Tesla kept shrinking delivery timelines as 2018 progressed, and the company now says it can deliver the car in less than two weeks. It’s already the 19th of December, but Tesla is still accepting orders…
Tesla has updated its Model 3 pricing for China and the dual motor editions which are expected to be available in late Q1 or early Q2-2019 are priced at unbelievable rates. The Performance edition will start at 560,000 Yuan($81,195), while the long-range dual motor edition starts at 499,000 Yuan ($72,351). The pricing clearly shows that Tesla has…
