Tesla News
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Analysts should no longer be worried about whether Tesla has enough cash to meet its immediate needs. In addition to $2 billion it raised in stocks and convertible bonds last week, the company signed a deal with Fiat Chrysler last month to share its emissions credits in Europe with the Italian-American automaker, which is lagging in electric cars. What wasn't apparent at the time is that the Fiat Chrysler deal was also worth about $2 billion to the Silicon Valley startup automaker, according to a report last weekend in the Financial Times (subscription required.) READ THIS: Tesla raising cash...
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EPA confirms Tesla Model S Long Range at 370 miles, Model 3 efficiency boost
As Tesla has scrambled to revamp its model lineup in the face of lower tax credits and falling U.S. sales, some new variants have gone on sale before the EPA's site, FuelEconomy.gov, has even posted those updated ratings. Now the EPA is displaying official numbers for the Model 3 Standard Range and...
Eric C. Evarts -
Autopilot or not, Tesla adds two more levels of lane assistance
On its way to rolling out full self-driving, Tesla will use the technology to add two more basic safety features to all its cars, the company announced on Thursday. Tesla's Autopilot system can often track lanes better than most other self-driving systems—and occasionally not. But the cars...
Eric C. Evarts -
Tesla raising cash after sluggish start to 2019, and Elon Musk is buying big–Update
Tesla expects to raise up to $2.3 billion to boost the company's cash reserves for the year.
Aaron Cole -
Tesla Model 3 for Canada, 2020 BMW 745e, LA's Green New Deal: Today's Car News
Tesla raises cash and introduces a new very short-range version of the Model 3 for Canada. The BMW 745e brings a new 6-cylinder engine, with lower fuel-economy ratings, and slightly more electric range for 2020. Los Angeles launches its own Green New Deal. All this and more on Green Car Reports...
Eric C. Evarts -
Musk reaches second settlement with SEC
Elon Musk's Twitter followers may face a new reality next week. The Tesla CEO reached a new agreement with the Securities and Exchange Commission, announced Friday, that he will no longer tweet about the company's finances or sales without preapproval from a Tesla securities lawyer. Musk's Twitter...
Eric C. Evarts -
Jaguar is about to start a new marketing campaign, and in the meantime it's sending more I-Pace electric crossovers to Norway.
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Musk: Tesla will introduce Autopilot-informed insurance product next month
Tesla CEO Elon Musk noted that through its data gathering it has “great knowledge of the risk profile of the customers.”
Bengt Halvorson -
Tesla Model Y might be made in California after all
CEO Elon Musk revealed that the company has made more space to assemble its upcoming compact crossover in Fremont, California—although Nevada remains a possibility.
Bengt Halvorson -
Teslas go farther, Ford and Rivian, Sono production, Colorado fines: Today's Car News
Two of the most popular electric-car companies had big news moments today. Startup electric truck-maker Rivian announced a $500 million tie-up with Ford. Tesla revamped its Model S and Model X lineups with both longer and shorter ranges. Colorado plans fines for charging-space violators. All this...
Eric C. Evarts -
Tesla Model S and X get big range boost, and Standard Range versions return
Tesla has replaced the induction motor at the front of its Model S and Model X with a permanent-magnet motor, as used at the rear axle of the Model 3.
Bengt Halvorson -
Tesla self-driving, battery production challenges, Qiantu K50: Today's Car News
Tesla announced plans to launch its self-driving network, and a report showed problems with battery production at Panasonic's battery-supply operations in Nevada. We took a close look at the Qiantu K50 electric sports car from Mullen. And our readers weigh in on which electric cars most interested...
Eric C. Evarts -
Tesla's manufacturing struggles to build the Model 3 at its Fremont, California, factory have been well documented. The same can't be said for its partner Panasonic, as it struggles to build enough new lithium-ion batteries to power them. A report by Business Insider, quoting three current and former employees, says that the company scraps enough material to make half a million batteries per day, out of the 3 million cells it sends to Tesla daily. DON'T MISS: Tesla Model S catches fire—twice—after flat tire in California On its face, that level of waste might be appalling. But to...
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Musk aims to transform Tesla into self-driving robo-taxi company
At an investor presentation on Monday, Tesla CEO Elon Musk laid out plans essentially to transition the company from a traditional car manufacturer to an operator of self-driving “robo-taxis.” Musk reiterated a statement he made in January that all Tesla cars built since last month will...
Eric C. Evarts -
From New York to Shanghai, all the latest electric cars: The Week in Reverse
What company announced plans to finally bring new diesels to the U.S.? Where are new incentives being offered on used EVs? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending April 19, 2019. This week was all about new-car debuts at the New...
Eric C. Evarts -
Tesla launches battery recycling at Nevada Gigafactory
In its latest environmental impact statement, Tesla announced that it will open its own battery recycling facility. Tesla has been recycling batteries made at the factory using third-party recyclers. Now, as the earliest Model Ses reach 7 years old, and the company is starting to receive some...
Eric C. Evarts -
Tesla Model 3 updates: Leasing, Autopilot standard, base model limited
The company won't produce the long-awaited $35,000 Tesla Model 3 Standard Range, but instead will offer a software-limited version of the Standard Plus car to customers.
Eric C. Evarts -
Report: Panasonic pumps brakes on Tesla Gigafactory expansion plans
The Japanese electronics giant will reportedly hold off on investing further in Gigafactory after slow growth in EV sales have eat deeply into profits.
Aaron Cole -
The bill would raise the number of electric vehicles eligible for tax incentives up from 200,000 to 600,000, with a shorter sunset and lower tax break for some.
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Ford Explorer plug-in, Karma Revero, German emissions collusion: Today's Car News
European prosecutors charged German automakers Volkswagen, Daimler, and BMW with collusion over emissions shortfalls. Fiat Chrysler will pay Tesla hundreds of millions of euros to meet emissions targets. The 2020 Ford Explorer will get a plug-in hybrid version in Europe. And Karma revealed a few...
Eric C. Evarts -
Fiat Chrysler to pay Tesla hundreds of millions for emissions credits
Fiat Chrysler and Tesla are working out a symbiotic relationship for Europe so that FCA might avoid emissions fines.
Eric C. Evarts -
Tesla sales, Audi e-tron range, Ford Escape Hybrid, Toyota hybrid patents: The Week in Reverse
Which startup automaker got a big boost toward production this week? What automakers opened some of its patent library for free until 2030? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending April 5, 2019. This week Tesla announced its...
Eric C. Evarts -
Lucid Motors gets real as Saudi funding comes through
The Lucid Air could soon make it to production, and shape up to be the closest rival to the Tesla Model S.
Eric C. Evarts -
Tesla sales; Audi e-tron, Ford SUV range; pickup mpg; sporty Nio: Today's Car News
Tesla announced its production and delivery numbers so far for 2019—and they aren't very promising. Audi released long-awaited final range ratings for its upcoming e-tron quattro electric SUV. lFord also reveals the European range rating for its upcoming Mach E—or whatever they call...
Eric C. Evarts