Tesla has officially unveiled and opened orders for the new Model 3
Tesla's sales are down. It's slashing car prices and laying off staff. Yet CEO Elon Musk remains bullish on a future that's self-driving and battery-powered.
Tesla CEO Elon Musk continues to promise investors that autonomy is in the company's future even as financials deteriorate.
(Bloomberg) -- Elon Musk’s underlings at Tesla Inc. are accustomed to chaos. It comes with the territory of working for a chief executive who sets exacting targets and often abruptly switches directions — whose biographer describes his more intense moods as “demon mode.”Most Read from BloombergElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTikTok to Remove Executive Tasked With Fending Off US ClaimsTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTesla Spends Weekend Cutting...
Tesla CEO Elon Musk declines to provide details of the new vehicles but say they would include more-affordable models that would start production by early 2025
Tesla has shown off a preview of an upcoming ride-hailing feature in its app ahead of an August robotaxi unveiling. The company released mock-ups of the upcoming feature, which showed the ability to “summon” a ride from the Tesla app. The company didn’t offer many details about how it would work, but images show Uber-like functionality, with the ability to remotely set the car’s temperature ahead of its arrival. Tesla CEO Elon Musk announced earlier this month that the company would unveil its...
Tesla cut the prices for its Model Y, Model X and Model S vehicles in the U.S. by $2,000 each on Friday, according to the electric vehicle maker's website. Elon Musk's electric vehicle maker lowered the prices for its Model Y base variant to $42,990, while the long-range and performance variants are now priced at $47,990 and $51,490, respectively, the website showed. The basic version of the Model S now costs $72,990 and its plaid variant $87,990. The Model X base variant now costs $77,990 and...
Tesla shares surged 12% on Wednesday after CEO Elon Musk said the company plans to produce new affordable EV models by early 2025.
The updated Tesla Model 3 "Highland" went on sale in the US in January. So it was only a matter of time before a fresh Performance model followed suit. It's finally here, and Tesla is calling it the most powerful Model 3 to date. The new Model 3 Performance has 510 horsepower and 546 pound-feet of torque. That gives it a 0-60 mph time of 2.9 seconds—the previous model did it in 3.1 seconds—and a top speed 163 miles per hour. The Model 3 Performance uses Tesla's new...
Cheaper vehicles could be stripped-down versions of older models
Tesla's stock soared by over 13 per cent in after-hours trading, marking a significant rebound from its lowest point in 15 months.
Tesla's latest Model 3 Performance has an updated design, an improved interior, and an upgraded powertrain. The car’s new dual-motor powertrain now has 510 hp and 546 lb-ft of torque. Pricing starts at $52,990 and the car has 296 miles of range. Tesla has unveiled the updated Model 3 Performance, which leverages their “latest manufacturing and engineering capabilities.” The company says the end result is a “perfect, high-performance daily driver.” Jumping right in, the car features a new...