Posts Tagged: Tesla Model S

Tesla to demonstrate Autopilot Hardware 3 capabilities

Tesla’s long-awaited Autopilot Hardware 3 computer is on the production line and on its way to a street near you. “Tesla is making significant progress in the development of its autonomous driving software and hardware, including our FSD computer, which is currently in production and which will enable full-self driving via future over-the-air software updates,”… Read more »

Fiat Chrysler to pay Tesla hundreds of millions for European emissions credits

Fiat Chrysler (FCA) has reached a deal with Tesla to count the California carmaker’s EVs as part of the FCA fleet in order to avoid paying fines for violating new European Union emissions rules. The Financial Times reported that the deal is worth “hundreds of millions of euros.” More stringent emissions standards will take effect… Read more »

Tesla Q1 deliveries disappoint, stock stumbles

Just as the Tesla story has always elicited comments from both well-informed and uninformed writers, TSLA stock attracts investors of wildly varying levels of sophistication – or, to put it colorfully, “smart money” and “dumb money.” While the dumb money periodically causes large temporary tumbles in the stock price, triggered by Elon Musk pretending to… Read more »

Tesla turnaround: some retail stores will stay open, prices will increase

Tesla can’t quite seem to make up its mind about its retail sites (or “galleries, showcases and Tesla information centers” if you prefer). Two weeks ago, the company announced plans to close most of its stores “in order to pass the savings along to our customers.” Now this decision seems to have been partially reversed…. Read more »

Tesla makes $35,000 Model 3 available, shifts to online-only sales

Elon Musk has some good news, and he has some bad news, plus some news that you may find good or bad, depending on your perspective. One thing’s for sure, there’s a lot of news – Tesla has announced a wide-ranging package of changes to its lineup, pricing and sales strategy. The big piece of… Read more »

Tesla makes CCS adapter standard on new European Model S and X vehicles

Tesla developed its proprietary Supercharger system because it wasn’t willing to wait for other automakers to agree on a fast charging standard. Since then, CCS has become the most popular standard in the US and Europe, and sprawling new networks based on CCS are being rolled out as we speak. Last November, Tesla announced that… Read more »

Tesla cuts workforce by 7 percent, warns of “very difficult” road ahead

Tesla announced that it will cut around 3,000 jobs – some 7 percent of its workforce – as it struggles to bring Model 3 prices down to an affordable, mass-market level. Elon Musk said the company did manage to squeeze out a profit in the final quarter of 2018, but warned that the “road ahead… Read more »

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 »

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 »

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 »