Tag Archives: Tesla News

Tesla now sells Model 3 with 260-mile range, $45,000 sticker

Tesla late on Thursday started accepting orders for a more affordable Model 3 Mid Range sedan for buyers in the United States and Canada. The Mid Range is priced at $45,000 and has a range of 260 miles. That compares to the Model 3 Long Range which is priced at $54,000 and has a range of 310 miles. While the Mid Range isn't the long-awaited $35,000 Model 3...

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Tesla buys site for Chinese Gigafactory

As Tesla moves forward with plans to build electric cars in China, the automaker has secured land in the country for one of its so-called Gigafactories. Reuters reported Wednesday that Tesla has signed an agreement with the Shanghai government for an 860,000-square meter plot of land for the new site, which represents a major step for Tesla's Chinese...

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James Murdoch could take chairman role at Tesla

James Murdoch, son of billionaire media mogul Rupert Murdoch, is the leading candidate to take over the chairman role at Tesla, the Financial Times reported Wednesday, citing two people familiar with the matter. However, Elon Musk, current CEO and chairman at Tesla, hit Twitter shortly after the report was published with the statement, “This is...

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Elon Musk settles with SEC, fined $40M and will step down as chairman

Tesla and its CEO Elon Musk settled a lawsuit with the Securities and Exchange Commission on Saturday that will result in a $40 million fine and a new chairman of Tesla's board of directors. The lawsuit was filed after Musk claimed "funding secured" in tweet as he floated the idea of taking the automaker private on Aug. 7. DON'T MISS: DOJ wants to know if...

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DOJ wants to know if Tesla CEO Elon Musk broke the law in going-private tweets

On August 7 Tesla CEO Elon Musk tweeted about taking the automaker private. While it may have seemed to slip out of the news, the tweet had not slipped the minds of federal agencies. The Wall Street Journal reported on Tuesday that the Department of Justice (DOJ) now has an open investigation into the Silicon Valley company, and whether it violated any...

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Walmart plans to purchase 30 more Tesla Semis

After placing an order for 15 Tesla Semis, Walmart is keen to buy even more. The discount retailer plans to purchase 30 additional electric semi-trucks from the Silicon Valley automaker. Reuters reported Thursday that the 30 additional Tesla Semi trucks would operate in Canada and join 10 trucks for which it's already placed an order. The other five Semis...

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Tesla Roadster makes European debut at 2018 Grand Basel show

Tesla's big surprise the company promised for this week's 2018 Grand Basel show in Switzerland has turned out to be a mockup of the second-generation Roadster, this one finished in white. It was hoped we might see a production-ready example of the new Roadster, which Tesla has promised for delivery in 2020, but the version we received at Grand Basel on...

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Spurred by Tesla, Koenigsegg aiming for 250 mph in 14 seconds

Koenigsegg currently produces the world's fastest production car in the Agera RS, but the company isn't stopping there. Especially not after learning how quickly the 2020 Tesla Roadster will accelerate. Speaking to Top Gear in a Friday report, founder and namesake, Christian von Koenigsegg, told his employees Tesla "put the gauntlet down" when it declared...

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Tesla works on tech to flash indicators when drivers forget

The turn signal is one of the most essential passive safety measures onboard every single new car. Yet, millions of drivers choose to ignore the ability, and let's face it, the decision puts other drivers at risk. Tesla appears ready to flick the indicators whether a driver likes it or not. The Silicon Valley-based electric car manufacturer has filed for a...

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