That’s $3 billion in profit, $1 billion a month or about $33 million a day - in operating profit. This is when every manufacturer out there is struggling with chain supply issues and shortages of raw materials. Even the factory lockdown in China...
This year has started with three price rises for Tesla and we are sure that’s not the end of it. As Tesla is getting bigger and bigger, the costs are getting higher and the pursuit of profits is intensifying. The victim - Tesla’s original policy of...
Did you enjoy Cyber Rodeo? We did, as usual Tesla put on an amazing show but the fun didn’t stop anyone at Giga Texas from working. In fact the first deliveries have already started. Happy owners sharing their joy on social media: Tesla is...
After only recently adjusting prices due to inflation for all models, now Tesla was forced to further increase the price of Model 3. This increase affects only models with nickel based batteries, so all Long Range Model 3 will add $1,000 to their...
Without braking any windows this time, Elon Musk confirmed that the Cybertruck will enter production at the newly unveiled Texas Gigafactory. During the Cyber Rodeo that celebrated the opening of the new factory, Elon spoke at length about the...
Norway is on the run - electric run. Their plan is to have only electric cars sold by 2025 and it looks that they will achieve the target much earlier. They threw caution out the window, stopped worrying about range, cold temperatures and became the...
In its Q1 2022 report, Tesla confirmed it broke another record for deliveries. Even though the company's CEO, Elon Musk, said on Twitter that it was an "exceptionally difficult quarter" due to supply chain issues of varies origins. Tesla was even...
Tesla has reportedly stopped production at its Gifactory in Shanghai due to the city's surge in COVID-19 cases. The move is part of a mandatory two-stage lockdown of the 26 million city by the government. The Gigafactory will be closed for up to...
In a recent interview, JB Straubel tried to answer one of the most important questions about EVs - how long will their batteries last. The short answer is at least 15 years but, of course, there are other factors involved in this. JB Straubel is...
Tesla's new factory in Europe is now open. Officially called Gigafactory Berlin-Brandenburg, the $5.5 billion dollar plant will produce around 54,000 cars in 2022, up to 280,000 in 2023, and ramp-up to 500,000 by 2025. Gigafactory Berlin already has...
This is the second time Tesla increasing its prices for the Model 3 and Y this month but this time around, it's also upping the price tags of its Model S and X cars too. Although the price hikes are made rather quietly, the company's CEO, Elon Musk,...
It was expected that the rising price of gas would push well-to-do buyers towards EVs. And it seems that's already happening in certain parts of the US this week. According to a reported insider, talking to Electrek, Tesla has enjoyed a huge...
In an open letter sent to two US senators from the Democratic Party, Senior Director of Tesla Rohan Patel tries to convince the ruling party that the current Autopilot and Full Self-Driving features are safe. This letter comes as a response to an...
Panasonic will mass-produce the 4680 Type battery, developed by Tesla, starting from April 2023. The 4680 Type battery, which Tesla unveiled in 2020, has twice the diameter of Tesla's 2170 cells, which currently fill the Model 3 and Y's battery...
Tesla shocked the world with the butterfly-shaped "yoke" steering wheel when the Model S got its Plaid refresh. Initially there were thoughts that the yoke would be optional, but instead so far it's been the only option. You can't get a round...
In a recent tweet, Elon Musk said that Tesla's team is working on making all Steam games playable in its cars instead of making titles available through Tesla Arcade on a per-game basis. Reportedly, there are already software engineers working on...
If you like electric cars, and you like them for how fast they can go from zero to... wherever you want to take them, then this is definitely for you. The world's quickest EVs that still look like normal cars - or not very far from that. There are...
According to Canalys' latest report, the global EV shipments grew 109% in 2021 compared to 2020 and about 85% of those came from Mainland China and Europe. The latter leads the EV adoption with 19% of the total car sales being EVs, while China's...
Something interesting happened on Tesla's US website today, regarding the Model 3. The base-version of the car isn't called Standard Range Plus anymore, it now goes by the simpler Model 3 instead. This is still a rear-wheel drive (RWD) car, and it...
Tesla has started delivering the new Model S Plaid version today, with a ceremony held at its plant in Fremont, California. On this occasion the company also confirmed the version's final specs, and a $10,000 price hike - Plaid now starts at...
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