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Tesla is the first carmaker to join the elite club of trillion-dollar companies that includes Apple Inc, Amazon.com Inc, Microsoft Corp and Alphabet Inc. Most automakers do not boast about sales to rental car companies, often made at discounts to unload…
Chinese EV startup Zeekr has announced that its new 001 sedan is now in production. Zeekr is part of the Geely Holding Group which also owns Volvo and Polestar. The first deliveries of the Zeekr 001 will start in China this weekend. Zeekr is a more…
Tesla has delivered the goods in its Q3 2021 earning report with it reporting revenues of $13.76 billion which is slightly below the lofty expectations of the analysts at Wall Street which expected revenues of $14 billion. “The third quarter of 2021 was a…
Tesla Inc said on Saturday it had delivered a record electric cars in the third quarter, beating Wall Street estimates after Chief Executive Elon Musk asked staff to “go super hardcore” to make a quarter-end delivery push. Tesla has weathered the chip crisis…
Tesla’s Shanghai factory is expected to produce 300,000 cars in the first nine months of the year, capped by a delivery rush in the end of the July-September quarter, despite a global semiconductor shortage, two sources said. The factory makes the electric…
Predictably, and for once on time, Tesla has rolled out the v10 of the full self-driving beta software which Elon Musk described as mind-blowing just a few weeks ago. Perhaps, as most have noticed, the most mind-blowing thing is that Tesla and Musk delivered.…
Germany will probably decide by the end of the year how much state aid U.S. electric vehicle maker Tesla will receive for its planned battery cell factory near Berlin, an economy ministry spokesperson said on Sunday. The European Union in January approved a…
Tesla temporarily halted some operations at its Shanghai factory last month as the global shortage of semiconductors hit the electric car maker, Bloomberg News reported on Thursday, citing people familiar with the matter. Part of a production line at the…
Tesla has released version 4 of its mobile app which receives a massive overhaul of the user interface and adds a ton of new features. Users can unlock their vehicles using the app and remotely also manage the climate control system of the car apart from many…
Tesla has said that it plans of releasing the final version of its full self-driving software to the public in a month’s time. As of now it is still in a beta stage being tested by internal Tesla employees and members of the beta program. This program has…
India is considering slashing import duties on electric cars to as low as 40%, two senior government officials told Reuters, days after Tesla Inc’s appeals for a cut polarised the country’s auto industry. For imported electric vehicles (EVs) with a value of…
Tesla has been talking about its AutoPilot level 2 autonomous driving technology for years. It is also transitioning to Tesla Vision which will just use cameras and its computer vision algorithms. Now, its driver-assist system has done it again – this time…
Tesla Inc showed signs of divergent strategies in the world’s two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there. Tesla raised prices for the most…
Tesla Inc said on Saturday it has introduced an option for some customers to subscribe to its advanced driver assistance software, dubbed “Full Self-Driving capability”, for $199 per month, instead of paying $10,000 upfront. Tesla has previously said its…
Tesla is the world’s largest EV maker and it is also the largest EV player in the US, considering the states are its home turf. So it shouldn’t come as a surprise that Tesla has propelled 95 percent of the increase in EV sales in the US as per a report by…
U.S. electric vehicle maker Tesla Inc sold 33,155 China-made vehicles, including those for export, in June, China Passenger Car Association (CPCA) said on Thursday. Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold…
