Tesla News

  • 2017 Tesla Model 3

    Tesla's earnings call on Wednesday showed the company making money—but struggling to keep doing so. Based Tesla's financial reports as well as its recent moves to restructure its model lineup and cut prices in response to a cut in federal tax credits for its buyers, there are a few things that must keep CEO Elon Musk up at night: The company is churning to outrace a perfect storm of higher effective prices for its buyers brought on by the reduction in tax credits, higher-than-anticipated production costs, and lower-than-anticipated volume brought on by the company's admitted missteps in...

  • 2018 Tesla Model S and 2018 Tesla Model X
    VW buggy, Porsche 911 Hybrid, Shell chargers, Tesla profits: Today's Car News

    Tesla reported profits, and revealed new model lineups for its Model S and Model X—and another price cut. Volkswagen announced it will build a concept electric dune buggy for the Geneva auto show. Details of the upcoming Porsche 911 Hybrid have emerged. And Shell has bought its first charging...

  • 2019 Tesla Model 3 Performance
    Tesla turned a profit at the end of 2018; Model Y coming by end of 2020

    Tesla recorded a $139 million profit for the last quarter of 2018, smaller than the $311 million quarterly profit before it, but ended 2018 down nearly $1 billion, the automaker told investors Wednesday. "Last year was the most challenging year in Tesla history, but also the most successful," Tesla...

  • George Parrott's 2018 Tesla Model 3 with orange wrap [CREDIT: George Parrott]
    Tesla Model 3 vs Model S: Tighter dragstrip times, sharper traction system

    Tesla claims some astonishingly quick acceleration times, and for some of us, testing and verifying those times are part of the fun. To do that, the drag strip is the only safe and fully reliable source for accurate numbers. In February of 2015, I migrated to a Model S Performance, after owning a...

  • Honda Urban EV Concept
    Tesla and Mercedes batteries, less-affordable electrics, Twitter poll results: Today's Car News

    Mercedes-Benz is investing in battery production in Poland. Volkswagen's chairman says small electric cars won't be as affordable for low-income consumers as internal combustion models. And our readers weigh in on whether they'd buy an electric Cadillac. All this and more on Green Car Reports. For...

  • Cadillac electric crossover SUV based on GM BEV3 modular platform
    Tesla layoffs, US-built VW electric car, an electrified Detroit: The Week in Reverse

    Which Chinese automaker showed an electric minivan in Detroit? What upcoming SUV will underpin a new "elegant" electric from Lincoln? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending January 18, 2019. Last week, the CES show in Las Vegas...

  • 2017 Tesla Model 3, in photo tweeted by Elon Musk on July 9, 2017

    Tesla, it seems, is not out of the woods yet, despite selling almost 250,000 electric cars last year. Even as the company continues to try to ramp up production of its most popular and affordable Model 3, Tesla CEO Elon Musk announced on Thursday evening that the company will lay off another 7 percent of its full-time employees. "We grew by 30 percent last year, which is more than we can support," he said. The layoffs are expected to hit about 3,200 workers. In a public letter to employees, Musk also said the company will only keep the most critical temps and contractors. DON'T MISS: Leading...

  • 2018 Ford F-150
    Electric Ford F-Series, Lincoln crossover, Tesla charger, Chinese minivan: Today's Car News

    Ford plans to build an all-electric F-series truck. Lincoln's making electric "elegant." Tesla has released a new portable Level 2 home charger. And Chinese automaker GAC showed a U.S.-designed concept at the Detroit auto show. All this and more on Green Car Reports. At a meeting with investors...

  • 2018 Tesla Model S and 2018 Tesla Model X
    Musk axes affordable Tesla Model S, X 75D

    In a tweet Wednesday afternoon, Tesla CEO Elon Musk announced that the company will quit selling low-end, short-range versions of its Model S sedan and Model X SUV. The move will dramatically raise effective prices on those models and may push potential buyers into higher-spec Model 3s instead...

  • 2017 Chevrolet Bolt EV electric cars outside dealership    [photo: Patrick Reid]
    What effect will lower tax credits on Tesla and GM plug-ins have? Twitter poll results

    For a bunch of electric-car owning acolytes, our readers are surprisingly sanguine about the reduction and eventual expiration of plug-in tax credits on electric-car sales. We've reported extensively on the expiring tax credits, which will affect models from Tesla and GM in 2019. When Congress set...

  • 2017 Tesla Model 3
    Leading the way: Tesla trounces luxury competitors in year-end sales tally

    Now that Tesla has released its final sales numbers for the end of last year, we finally have a yardstick to measure the company’s sales success. In the third quarter, Tesla made a point of noting that, with the Model 3 approaching full production, it became the fifth...

  • Byton M-Byte concept
    Tesla factory and screen interface, Byton back at CES: Today's Car News

    Patent filings show new features that may be coming to updated Model S and Model X cars later this year. Chinese startup automaker Byton makes another appearance at CES. And our latest Twitter poll asks readers which electric pickup they think may hit the roads first. All this and more on Green Car...

  • 2017 Tesla Model 3, in photo tweeted by Elon Musk on July 9, 2017

    Tesla CEO Elon Musk announced on Twitter Sunday night that the company would break ground on its new Chinese factory on Monday. Musk said the plant, known as Gigafactory 3, will produce up to 500,000 Model 3 and Model Y vehicles for China and other nearby markets when it is completed in 2020. Initial construction, however, planned to be completed this summer, will allow the factory to begin producing Model 3 sedans by the end of the year. Musk said it will reach volume production of the Model 3 next year. Aiming to finish initial construction this summer, start Model 3 production end of year...

  • 2017 Tesla Model S
    Patent shows new Tesla "windows" operating system

    Tesla is known for having the Apple of car user interfaces on its big center displays. A recent patent filing shows Tesla may not be finished up dating the system, either for the Model 3 or the Model S or X. The latest filing, last month, shows the company may expand the number of windows Tesla...

  • 2018 Tesla Model 3 Long Range RWD
    Tesla ekes 4 more miles out of Model 3 Mid Range

    After a $2,000 price drop on Wednesday, Tesla buyers just got four more reasons to choose a Model 3 Mid Range. According to the order page on Tesla's website, the Mid Range Model 3's EPA range rating went up four miles overnight, from 260 miles to 264. To be sure, it's a minimal improvement on top...

  • Tesla Model 3 bought [Photo by reader AH]
    Tesla Model 3 Mid Range misses $35,000 target by $9,000 even after price cut

    To offset lower tax credits for its cars that started New Year's Day, Tesla dropped prices by $2,000 for every model on Wednesday. That doesn't quite make up for the $3,750 drop in federal tax credits, and it still doesn't get the company to its stated goal of selling the Model 3 for as low as...

  • 2017 Tesla Model 3
    Tesla cuts prices $2,000, almost hit 250,000 vehicles in 2018

    Tesla and its CEO Elon Musk made a multi-layered end-of-year push, focused on Tesla's final days and weeks of $7,500 federal EV tax credit eligibility. And with more than 90,000 vehicle deliveries in the fourth quarter of the year—a new record for the California electric-car maker—it...

  • 2018 Tesla Model S and 2018 Tesla Model X
    What effect will lower tax credits on Tesla and GM plug-ins have in the new year? Take our Twitter poll

    The wind-down of federal tax credits on plug-in vehicles begins to hit in 2019. Tax credits for Tesla buyers were already reduced to $3,750 on Tuesday. The same reduction is scheduled to hit GM's plug-in models, the Chevy Volt and Bolt EV on April 1. The reduction in the credits is likely to have...

  • Larry Ellison and Kathleen Wilson-Thompson  -  Tesla board

    Happy New Year! For today's holiday-shortened lineup, we remind California readers that 2018's Clean Air stickers are no longer valid i in the state's carpool lanes. And we look at the two new independent board members that Tesla has named under the company's settlement with the SEC over CEO Elon Musk's August tweet about taking the company private. All this and more on Green Car Reports. In an effort to unclog the state's carpool lanes, California plug-in drivers will need new purple or red stickers to access those carpool lanes, starting Tuesday. Only cars bought since Jan. 1, 2017 or which...

  • Tesla Motors, Palo Alto, California
    Iron Man 2 reunion: Musk friend Larry Ellison named to Tesla board

    Tesla announced Friday that it has added two independent directors to the company's board: Kathleen Wilson-Thompson and Larry Ellison. Yes, it’s that Larry Ellison—the Oracle founder, and one of the richest men in the world, who made a cameo alongside Musk in Iron Man 2. Ellison lives a...

  • Porsche Mission E concept electric car
    Porsche Taycan sold out for a year—to mostly Tesla drivers

    As much as they evangelize Tesla, it turns out Tesla owners may be looking for an upgrade. Klaus Zellmer, Porsche's president and CEO for North America, disclosed in an interview that the company's upcoming 2020 Taycan electric sports car could be sold out for a year with pre-orders from customers...

  • Tesla Model 3 all-wheel drive Performance rolls off a new assembly line in a temporary structure
    Opinion: Expiring tax credits hurt U.S. automakers, favor imports

    President Trump campaigned on a promise to aid U.S. manufacturers and provide more incentives for them to produce products in the U.S. Now the President, seemingly in opposition to that stance, has launched into a war of words with two of America's largest automakers—its youngest and one of...

  • 2019 Chevrolet Volt
    What are your hopes for plug-in cars in 2019?

    People wish for all kinds of things. When it comes to electric cars, there are several types of things green car fans may wish for to get more such cars on the road, from easier charging to more tax credits, to more types of models. Our Twitter poll for this annual time of reflection between...

  • 2018 Tesla Model 3 Long Range RWD
    Tesla offers to cover remainder of full tax credit if it can't deliver by year-end

    Buyers interested in a Tesla have just one week to take delivery before the full federal tax credit gets cut in half—unless Tesla can't get the car delivered until the new year, that is. Then, Tesla says it will make up the difference. There are some caveats, of course. CHECK OUT: Tesla...

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