Search Results Found For: "Tesla"

FIA approves Tesla Model S racing series

The dream of a Tesla racing series is rapidly becoming a reality. The Electric Production Car Series (originally called Electric GT), has been officially sanctioned by the FIA, the governing body for world motorsports. The EPCS will be the second FIA racing series for electric cars, joining the Formula E series, which recently kicked off… Read more »

Elon Musk breaks ground at Tesla’s Shanghai Gigafactory

Elon Musk joined the mayor of Shanghai and other local government officials for a ground-breaking ceremony at the site of Tesla’s new Chinese plant. Tesla plans to invest around $2 billion in the facility, which is expected to have a capacity of about 500,000 vehicles per year. The company hopes to finish initial construction this… Read more »

Tesla’s Q4 vehicle delivery numbers and $2,000 price reduction spook investors

Tesla announced production and delivery figures for the fourth quarter of 2018, and simultaneously announced that it would reduce the prices of all vehicles by $2,000 in order to compensate for the reduction of the federal tax credit for EV purchases. “In Q4, we produced and delivered at the rate of nearly 1,000 vehicles per… Read more »

Boring Company demonstrates first tunnel with a modified Tesla Model X

Some people see problems and complain about them on Facebook. When Elon Musk sees a problem, he starts a company to solve it. The Boring Company’s mission is to relieve traffic congestion via a two-part strategy: reducing the cost of boring tunnels and developing an autonomous transport system to move cars through the tunnels. The… Read more »

ChargePoint CEO talks about Tesla Superchargers, wireless and the future of public charging

Pasquale Romano, the CEO of ChargePoint, one of the world’s largest charging networks, sat down with EV writer Jim Motavalli at the recent Web Summit conference for a wide-ranging interview. Romano discusses the accelerating growth of the EV market – in California, plug-ins now make up 5% of new-car sales, and in Silicon Valley it’s… Read more »

Tesla turns to partners for help with its growing used car business

Yet another example of Tesla’s penchant for vertical integration is its Certified Pre-Owned program. Industry observers have noted that Tesla’s lack of franchise dealers allows it to exercise an unprecedented level of control over the used market for its vehicles. Now, as the company deals with “delivery logistics hell,” it has partnered with two outside… Read more »

Tesla, GM and Nissan advocate for extending the federal EV tax credit

The federal EV tax credit is something of a blunt instrument, but there’s little doubt that it has encouraged a substantial number of EV purchases. The future of the $7,500 tax credit is uncertain. Recently, one Republican senator introduced a bill to expand the credit, and another introduced a bill to get rid of it… Read more »

Tesla Model 3 to get CCS Combo 2 plug in Europe

Can this be true? Is Tesla, which prides itself on doing things its own way, going to adopt the same DC fast charging plug used by ordinary EVs? Yep. The company has confirmed (via Electrek) that Model 3 vehicles sold in the European market will come with a CCS Combo 2 charge port. An adapter for Models… Read more »

Volkswagen: We can produce 50 million EVs at “much lower” prices than Tesla

Volkswagen CEO Herbert Diess has been talking some smack about going electric, and giving the big T some competition. In an interview with Automotive News, he threw out a figure of 50 million electric cars, and said VW will be able to offer “much lower” prices than Tesla. According to AN, “VW has booked production… Read more »

Tesla names new Chairperson, laps BMW, knocks on door of S&P 500

Changes are afoot at Tesla. The company has announced that existing board member Robyn Denholm will replace Elon Musk as Chair of the Tesla Board, effective immediately. Ms. Denholm will be serving as Tesla Chair on a full-time basis, and plans to leave her position as CFO and Head of Strategy at Australian telecom giant… Read more »

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