Tesla has slashed prices for most of its lineup. Model 3 got a $2,000 price cut across all powertrain options, bringing the base price of the Standard Range Plus down to $37,990. There’s no word yet on whether the price of the “off-menu” $35,000 version has been cut. The price of the Chinese-made Model 3,… Read more »
Search Results Found For: "cybertruck"
Tesla says its new Terafactory will be producing Model Y by the end of this year
Tesla may have decided on the site of its anticipated Cybertruck plant, and it intends to waste no time. Electrek, citing “a reliable source familiar with the matter,” reports that the next Tesla Gigafactory (excuse me, make that “Terafactory”) will be built in the vicinity of Austin, Texas. (The AP is reporting that the list… Read more »
Seven future electric pickup trucks. Maybe.
Over the first 10 years of their existence, most modern battery-electric cars have been compact hatchbacks or Teslas. While a few are marketed as crossover utility vehicles, none have been the full-size pickup trucks that make up a huge and very profitable segment of US vehicle sales. That’s about to change. What follows is a… Read more »
Retooling a shuttered factory to build electric trucks: Q&A with Lordstown Motors CEO Steve Burns
Will Ohio’s Voltage Valley energize a new era for the US auto industry? Big things are happening in the Mahoning Valley area of northeastern Ohio. The region, which centers on the city of Youngstown, was a booming center of steel production until the 1970s. Since then, like many other industrial hubs, the area has suffered… Read more »
Tesla surprises with Q1 profit, has “record backlog” of orders
Tesla has extended its earnings streak, posting a surprise profit in the first quarter, typically a tough one for automakers. The company reported record levels of production, and says its vehicle order backlog is the highest it’s ever been. “Q1 2020 was the first time in our history that we achieved a positive GAAP net… Read more »
Ford’s electric SUVs and pickups are on the way
One of the biggest roadblocks to greater EV adoption is a lack of electric offerings in the form factors that are most popular with buyers: namely, SUVs and pickup trucks. The Mach-E could turn out to be a good first step towards filling those gaps in the market. Ford invested $500 million in Rivian last… Read more »
GM and LG Chem to build battery cell plant in Lordstown, Ohio
General Motors and LG Chem have announced plans to establish a battery cell assembly plant on a greenfield site in the Lordstown area of Northeast Ohio. The companies will invest up to $2.3 billion in the facility through a new joint venture. The new factory will eventually provide batteries for GM’s electric pickup truck, expected… Read more »