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Tesla News

Ontario shuts down EV rebates leaving Tesla owners owing $14,000

Toronto - Some Tesla customers say they now have to fork over an extra $14,000 for their new Model 3 electric cars because of Ontario's sudden decision to end an incentive program for electric and hydrogen vehicles.

Former Tesla employee files 'whistleblower' tip with SEC

A former Tesla employee who calls himself a whistleblower has filed a formal tip with the Securities and Exchange Commission (SEC) that alleges Elon Musk’s electric car start-up misled investors and put its customers at risk.

New Tesla factory in China will crank out 500,000 cars a year

Shanghai - Tesla CEO Elon Musk sealed a crucial agreement Tuesday to start building its second car assembly plant in Shanghai, except, he left out one crucial detail - how much it’s all going to cost.

Tesla raises prices on two models after Chinese tariff increase

Beijing - According to Electrek and the Wall Street Journal Tesla has raised the price of its cars in China because of the country's retaliatory tariffs directed against the U.S. as a trade war between the two countries begins.

Tesla makes good on Model 3 production target

Fremont - Late on Sunday, Tesla CEO Elon Musk, in an email to employees said that the Tesla team had achieved its Model 3 production milestone of 5,000 units in a week, and achieved a new record on overall production with 7,000 cars in a week.

Tesla's solar facilities hit as Elon Musk tries to turn a profit

Elon Musk's move to cut nine percent of the Tesla workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to internal documents and a few former employees.

Tesla cuts workforce by 9 percent in reorganization effort

Tesla CEO Elon Musk told employees on Tuesday the company plans to make significant job cuts as part of a comprehensive restructuring effort.

Elon Musk wins vote of confidence from Tesla shareholders

Tesla stocks rose more than 4 percent in premarket trading after the company revealed it is nearing its Model 3 weekly production rate and shareholders at Tesla's annual meeting backed Elon Musk as chairman and CEO.

Tesla reportedly facing accelerated rate of refunds for Model 3

Even though production of the Tesla Model 3 is up, a new report alleges that the automaker has refunded 23 percent of deposits for the electric car.

Elon Musk — Big investors have his back at shareholder's meeting

Tesla is set to hold its 2018 Annual Shareholders Meeting at the Computer History Museum in Mountain View, California on Tuesday, and Tesla CEO Elon Musk will be facing some angry shareholders.

Tesla flies in six planes of robots in latest Model 3 push

Reno - Tesla Inc has flown six planes full of robots and equipment from Europe to California in an unusual, high-stakes effort to speed up battery production for its Model 3 electric sedan, people familiar with the matter told Reuters this week.

Tesla working on 'firmware update' fix for Model 3 'brake flaw'

Palo Alto - After Consumer Reports highlighted flaws in the Model 3's braking system on Monday, Tesla CEO Elon Musk took to Twitter to downplay the report. Musk admitted there was a problem with the braking issue, but said it will be fixed with a firmware update.

Tesla may need to come up with $10.5 billion by 2020

Palo Alto - Elon Musk may need to tap capital markets for more than $10 billion by 2020 to fund Tesla Inc.’s automaking operations, new products, and an expected expansion into China, according to Goldman Sachs Group.

Nissan launches all-in-one solar package in the U.K.

As with rival electric vehicle (EV) maker Tesla, after making some progress in the EV market with the Nissan Leaf, Nissan is now setting sights on the home with batteries and solar panels to form a complete home energy solution.

Tesla reorganizing to speed up production

San Francisco - Tesla chief Elon Musk told employees Monday the electric carmaker is being reorganized to speed up production of Model 3 vehicles -- a key to profitability at the fast-growing firm.

Tesla sedan crashes into truck stopped at red light

A Tesla sedan with a semi-autonomous Autopilot feature has rear-ended a fire department truck at 60 mph (97 kph) apparently without braking before impact, but police say it's unknown if the Autopilot feature was engaged.

Tesla cutting amount of cobalt in EV batteries to near zero

Tesla’s improving battery technology has culminated in its latest generation of battery cells, the 2170 li-ion cells. Tesla has continued to reduce the cobalt content per battery pack by 59 percent without the loss of thermal stability.

Nikola Motors sues Tesla and gets huge truck order in same week

May started out with a bang for Nikola Motors. On May 1 Nikola filed a patent infringement lawsuit against Tesla Motors. And two days later on May 3, Anheuser-Busch announced an order for 800 Nikola hydrogen fuel cell trucks.

Volkswagen just ordered $48 billion in electric car batteries

A few hours after Elon Musk berated analysts for what he perceived as unimaginative questions, Volkswagen AG said it was writing a check for batteries that almost match Tesla’s entire market value.

Tesla stocks take a dive after bizarre earnings call

Tesla CEO Elon Musk hosted the company's latest earnings call Wednesday in which he brushed analysts off and told them their questions were boring. What happened next caused Tesla stocks to take a dive.

Tesla releases some interesting data for (Middle) Earth Day

Tesla's news on the state of its electric vehicle fleet and energy products was released on Earth Day - focusing on the electric miles driven and the millions of tons of CO2 emissions saved from entering the atmosphere.

Tesla batteries may retain 90+ percent charge after 160,000 miles

According to data gathered by a Tesla owners' group in Netherlands and Belgium, Tesla batteries retain more than 90 percent of their charging power even after 160,000 miles.

Tesla says no need for capital as Model 3 production rises

In its first-quarter filing on Tuesday, Tesla quashed any speculation it might need to raise more capital this year, driving the company’s battered shares higher as it announced it built 2,020 of its cheaper Model 3 sedans in the last week of March.

Tesla recalls 123,000 older Model S vehicles

Tesla, the electric car maker. announced in an email to customers on Thursday that it was recalling 123,000 of its Model S vehicles built before April 2016 but that it was a proactive move and no other Tesla vehicles were affected.

Germany's electric vehicle adoption open to Tesla

Last years Germany introduced a plan to boost electric vehicle adoption through new incentives, including a €4,000 discount at the purchase. Tesla was left out of the progam, but after negotiation the U.S. company has been admitted.

Investors betting against Tesla — Citing financial issues

Continued delays in Tesla's Model 3 production, a recall of 123,000 Model S's over rusty bolts and a downgrade of the company's credit rating have made for a rough week for Elon Musk's electric car company, creating financial issues that could escalate.

The robots are killing Tesla

Analysts at Bernstein argue that Elon Musk has over-automated Tesla. The very robots that Musk says will revolutionize the car industry are baking in Tesla's mistakes, and costing far more money than they're worth.

World's biggest battery in Australia to trump Musk's

Sydney - British billionaire businessman Sanjeev Gupta will build the world's biggest battery in South Australia, officials said Friday, overtaking US star entrepreneur Elon Musk's project in the same state last year.

Tesla's Model 3 production is reportedly nowhere near its target

As the first quarter draws to a close, numerous Tesla watchers are trying to figure out how many Model 3 vehicles the company is making.

More competition coming for Tesla EV's

Geneva - Tesla did not show up for the Geneva Motor Show. Perhaps the company feels it doesn't have to, as it already dominates in the EV market and EV news coverage. But there is some tough competition headed Tesla's way.
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Tesla offers three car models: the Model S  Model X and Model 3. This image is from a Tesla showroom...
Tesla offers three car models: the Model S, Model X and Model 3. This image is from a Tesla showroom in London.
Tesla global sales passed 250 000 units in September 2017. Image taken at a showroom in London.
Tesla global sales passed 250,000 units in September 2017. Image taken at a showroom in London.
The first Future Car Challenge took place on 6 November 2010
The first Future Car Challenge took place on 6 November 2010
Google has racked up the most mileage testing its driverless cars on California public roads.
Google has racked up the most mileage testing its driverless cars on California public roads.
California Department of Motor Vehicles
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Sam Felder
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James Lee Taylor stars as Tesla in Off-Broadway production.
James Lee Taylor stars as Tesla in Off-Broadway production.
Photo Courtesy of Nihat Odabasi
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Tesla Powerpack on Twitter
The first 30 Tesla Model 3s are delivered at the carmaker s factory.
The first 30 Tesla Model 3s are delivered at the carmaker's factory.
Tesla/Business Insider
Tesla Model S charging at a public charging station in Zoutelande  the Netherlands.
Tesla Model S charging at a public charging station in Zoutelande, the Netherlands.
David van der Mark
The Model X is complication. The Model 3 is supposed to be simple.
The Model X is complication. The Model 3 is supposed to be simple.
Tesla/Business Insider
File photo: Tesla Roadster cut in half the carbon dioxide emissions of its petroleum-burning rivals.
File photo: Tesla Roadster cut in half the carbon dioxide emissions of its petroleum-burning rivals.
Digital Journal
The Tesla P85+ all electric car and its charging station are displayed at the North American Interna...
The Tesla P85+ all electric car and its charging station are displayed at the North American International Auto Show on January 14, 2014 in Detroit
Stan Honda, AFP/File
Tesla Factory  Fremont  California
Tesla Factory, Fremont, California
Maurizio Pesce from Milan, Italia
Tesla Model S Sedan - winner of Motor Trend 2013 Car of the Year award.
Tesla Model S Sedan - winner of Motor Trend 2013 Car of the Year award.
Tesla Motors
Tesla Semi
Tesla Semi
Tesla/ Business Insider
2016 Tesla Model X finished in black. Picture taken in Lantana  Florida.
2016 Tesla Model X finished in black. Picture taken in Lantana, Florida.
Christopher Ziemnowicz
Tesla Motors Assembly Line
Tesla Motors Assembly Line
Steve Jurvetson
File photo: Tesla autopilot under scrutiny.
File photo: Tesla autopilot under scrutiny.
Kyle Field/Twitter
Tesla Model S Sedan - winner of Motor Trend 2013 Car of the Year award.
Tesla Model S Sedan - winner of Motor Trend 2013 Car of the Year award.
Tesla Motors