Saturday, 17 Nov 2018
Category: Automotive

Why you’re about to see a lot of drifting Tesla Model 3 videos

Tesla Model 3 owners who opted for the Performance variant now have a reason to go to the track. Or, if history is a guide, they’ll skip the track and try the newly released Track Mode software feature in a parking lot or winding road. Track Mode — to be clear — is designed for, […]

GM is getting into the electric bike business

General Motors said it plans to bring two new electric bikes to market next year — one folding and one compact — as the automaker makes a broader push into electrification and other ideas that try to move beyond its traditional business model of producing and selling gas-power vehicles. The automaker didn’t have a lot […]

Tesla subpoenaed by SEC over Model 3 production forecasts

Tesla said Friday in a regulatory filing that the U.S. Securities and Exchange Commission and Department of Justice are investigating projections made last year about Model 3 production rates. The SEC has issued subpoenas for information related to Model 3 production estimates. The DOJ, which is running a separate investigation over Model 3 production targets, […]

Tesla is rolling out its Navigate on Autopilot feature

Some Tesla owners in North America will wake up to a new driver assistance feature that had been delayed for testing, according to a tweet sent Friday evening by CEO Elon Musk. “Tesla Autopilot Drive on Navigation going to wide release in North America tonight,” Musk tweeted. Tesla Autopilot Drive on Navigation is described by […]

Waymo is testing what it should charge for its robotaxi service

Self-driving startup Waymo, a Google spin -off owned by parent company Alphabet, has started to test pricing models for rides in its autonomous vehicles in Phoenix, the latest indication that the company is preparing to launch a commercial robotaxi service. Waymo has not launched a wide-scale commercial robotaxi service in Phoenix — or anywhere — just yet. But it is […]

Tesla to bring portion of Model 3 production to China next year

Tesla, which reported its first quarterly profits in two years Wednesday, is looking to extend its earnings streak by bringing its new Model 3 to customers beyond North America. And part of that plan involves accelerating its manufacturing plans in China. Tesla saw its revenue skyrocket to $6.8 billion in the third quarter (and a $312 […]

Tesla earns its first profit in two years

Tesla reported a profit in the third quarter, reversing seven consecutive quarters of losses. It is only the third time in its history that it has achieved this milestone. The third quarter earnings, which were reported after the market closed Wednesday, rocketed shares up nearly 12 percent to above $320. Tesla reported a profit of […]

Vocal Tesla short seller has reversed course, driving shares higher

Citron Research, an influential short-seller that has been a staunch critic of Tesla, reversed its position on the electric automaker. The about-face, which Citron Research outlined in a research note Tuesday, helped pushed Tesla shares up 12.7 percent to close at $294.14. The research note, entitled, “Citron reverses opinion on Tesla. The story has become too […]

Tesla is rolling out a cheaper, mid-range Model 3

Tesla is now offering a new, cheaper mid-range battery version of the Model 3 that starts at $45,000 before federal tax incentives. CEO Elon Musk announced the new variant, which has an estimated battery range of 260 miles, via Twitter. The company’s website has already been updated. Customers in the U.S. can order the mid-range […]