Tesla confirmed that its Model 3 production is now at 3,500 units every week. During the company's shareholder meeting, Elon Musk claims that everything is on track to meet the targets set for each month.
Car Tech June 6, 2018
The Tesla Model 3 production delay has gotten worse amid various issues and bottlenecks. Tesla also booked its largest ever quarterly loss of $671 million in the third quarter, bringing more bad news to the company.
Car Tech November 2, 2017
Tesla has struggled with its ramp-up of Model 3 production, which makes the firing of hundreds of workers an interesting development. Is Tesla in trouble, or is this part of a plan to address the company's manufacturing problems?
Car Tech October 14, 2017
Tesla promised to produce 1,500 Model 3 vehicles in the third quarter of 2017, but it made only 260 units because of bottleneck issues. Now the electric car maker is 'confident' to get back on track.
Car Tech October 3, 2017
Tesla is going all-in on its mass-market electric vehicle, the Model 3. The company is looking to raise about $1.5 billion to ramp up Model 3 production and has reduced the price of the Model X electric SUV by $3,000.
Car Tech August 8, 2017
Tesla CEO Elon Musk shared a picture of the first production Model 3 ever built. With the mass-market electric vehicle finally hitting roads soon, is it time for customers to start thinking about purchasing an electric car?
Car Tech July 9, 2017
Tesla has made several adjustments to the price tags of its electric vehicles, including reducing the price of the Model S 75 and Model S 75D. The company's cheapest vehicle for now, the Model S 75, costs only $69,500.
Car Tech April 18, 2017
Tesla's market value officially outpaces Ford because of the record vehicle deliveries in Q1 of 2017, with the electric car maker's stock bordering on $300.
Business Tech April 4, 2017
Tencent, best known for its WeChat messaging app, purchased a 5 percent stake in Tesla for $1.78 million. The move will help Tesla expand its presence in China, where electric vehicle sales growth has been the highest for the company.
Business Tech March 29, 2017
Elon Musk shattered high consumer expectations from Tesla's Model 3 by sharing that the vehicle is not as feature rich as the Model S. The CEO revealed that the Model 3 will be a tinier and more affordable variant of the Model S.
Car Tech March 28, 2017
Questions regarding Tesla’s plan to maximize the production and delivery of the upcoming Model 3 EV have been raised frequently. Elon Musk has now shared plans which reveal that the delivery of the Model 3 could take a mere 5 minutes.
Business Tech March 18, 2017
Tesla is looking to raise fresh capital of up to $1.15 billion in preparation for the launch of production of the Model 3. Will the company be able to start mass production of the electric vehicle by July?
Car Tech March 16, 2017
Tesla CEO Elon Musk previously hinted that a solar roof option could be offered for the upcoming Model 3 electric vehicle. The idea was initially met with disbelief, but new technology revealed by Panasonic could make it possible.
Car Tech March 2, 2017
Tesla released its results for the fourth quarter and full-year 2016, beating analyst expectations. The focus, however, is on the company's revealed plans for up to three more Gigafactories and Model 3 production starting in July.
Car Tech February 22, 2017
Tesla is all set to manufacture its Model 3 sedan at its Nevada Gigafactory. The venture which was initially estimated to offer 6,500 jobs may see the number swell to 10,000 jobs according to the company's founder Elon Musk.
Car Tech January 19, 2017
Tesla Motors delivered 76,230 electric vehicles in 2016, falling short of its target of 80,000 units. Will the company be able to keep up with the demand for the Model 3, which has already been reserved by over 400,000 customers?
Car Tech January 4, 2017
Tesla Motors reported a net income of $21.9 million for the third quarter, marking the first profitable quarter for the company since early 2013. It is also on track to meet its target of 80,000 electric vehicles produced this year.
Business Tech October 27, 2016
The company that will bring Henrik Fisker back into the electric car industry will use a new kind of battery to power its vehicles. Fisker also said that there are plans to release consumer-friendly electric vehicles.
Car Tech October 17, 2016
Tesla Motors is looking to complete the construction of its $5 billion Gigafactory years before the expected date. The rush is due to the expected high demand for the $35,000 Model 3 electric vehicle, which will roll out next year.
Car Tech July 26, 2016
Tesla Motors has reintroduced the Model S 60 to the market at a lower price tag of $66,000. The electric vehicle is now the most affordable offering of the company until the Model 3 is ready for sale.
Car Tech June 10, 2016
The Tesla Model 3 will not have free access to the company's more than 630 Supercharger stations in the U.S. The Model 3 is Tesla's most affordable EV, and delivery of the car will start in December 2017.
Car Tech June 3, 2016
Tesla is selling more stock to fund a ramp up in production of the upcoming Model 3. Despite a lack of promotion and specifics, demand for the Model 3 is high, the company says.
Business Tech May 20, 2016
Tesla has received reservation for more than 325,000 Model 3, which will start reaching customers from December 2017. However, not all customers may get the tax credit of $7,500 on electric vehicles.
FUTURE TECH April 11, 2016
The new Tesla Model III, now accepting preorders, was initially supposed to be called the ‘Model E.’ With Tesla’s Model S and Model X in the market, the ‘Model E’ would’ve been the next car, finally completing the series. IYKWIM.
FUTURE TECH April 11, 2016
Tesla CEO Elon Musk revealed on Twitter that the preorders for its impending Model 3 electric sedan had touched 276,000, well surpassing the company's expectations.
FUTURE TECH April 5, 2016
According to an industry source, LG is going to be the sole supplier of the 15-plus inch center display that every Tesla Model 3 will sport.
FUTURE TECH April 4, 2016
Now that the Model 3 has been unveiled and scheduled to hit the roads in 2017, it's the perfect time to figure out which Tesla electric car is for you. Here's a quick comparison of the Model 3, Model X and Model S.
FUTURE TECH April 3, 2016
Elon Musk officially announces the Model 3 electric vehicle, which will be available in late 2017. The car will be Tesla's cheapest ever and customers can reserve one for $1,000.
FUTURE TECH April 3, 2016
Tesla has finally sent out invitations for the reveal of the Model 3. The vehicle will make its debut on March 31, and the carmaker will start accepting reservations on that same day at physical stores and online orders the following day on April 1.
FUTURE TECH March 5, 2016
According to Bloomberg, the $35,000 price point of the Tesla Model 3 will go down to $25,000 after tax credits. The electric vehicle is the carmaker's first model that's aimed at mass-market consumers.
FUTURE TECH February 10, 2016
The Model 3, which Tesla CEO Elon Musk notes as the 'most profound car' with a lower price point, is about to be unveiled in March. Before the event takes place, here are some of the known details of the highly anticipated electric car.
FUTURE TECH February 1, 2016
Tesla CEO Elon Musk recently exercised his stock options and converted them into stock, increasing his shares in the electric car company. Musk apparently used his own money to cover the taxes.
Business February 1, 2016
General Motors is ready to steal the Tesla thunder with the Chevy Bolt, although it seems that the Tesla Model 3 is the one the world is waiting for right now.
FUTURE TECH January 30, 2016
Tesla's Model 3 is confirmed to be in the works according to the carmaker's third quarter shareholder letter. Tesla's most affordable vehicle will be unveiled in March 2016.
FUTURE TECH November 3, 2015
Elon Musk disclosed that aside from the Model 3, Tesla will also launch the Model Y. Which of the two will have falcon wing doors?
FUTURE TECH October 7, 2015
Tesla's Model 3 will include a crossover and a sedan. The car is expected to launch in 2017, costing just $35,000 - which is far less than the company's Model S vehicle.
FUTURE TECH June 17, 2015
It’s the most unthinkable of the unthinkable, yet for one analyst, the notion of Apple buying Tesla actually holds some water.
Business February 18, 2015
This may be the very first public sighting of the all-electric Model X, Tesla’s take on the sports utility vehicle.
FUTURE TECH February 1, 2015
Despite production bottlenecks and lower-than-expected sales in China, Elon Musk is confident Tesla will finally become profitable five years from now.
Business January 14, 2015
General Motors takes a shot at Tesla with a new family-size car with a very similar range and price as the upcoming Model 3 luxury sedan.
FUTURE TECH January 10, 2015
Tesla has broken ground for a possible Gigafactory location in Reno, Nevada. However, the company has not yet committed to the site, and is looking at other possible locations.
Energy August 2, 2014
Rumors continue to fly over where Tesla will be putting its battery factory. The front-runners appear to be Nevada and California, but nothing substantial from Tesla has been revealed.
FUTURE TECH July 28, 2014
Tesla founder and CEO Elon Musk admits the company is prepping for a third generation car model called as Model 3, for launch in 2016 and for sale in 2017.
FUTURE TECH July 19, 2014
Tesla has named its upcoming compact sedan the Model 3. The name was changed after a lawsuit by Ford Motor Company.
Legal July 16, 2014