Electric automaker Tesla just posted its biggest delivery quarter ever. The company reported that it delivered 77,550 Model 3s in the second quarter, easily beating Wall Street expectations amid concerns about dwindling demand for its electric vehicles.
FutureCar Staff 2019-07-03 07:30 PT
Electric vehicle (EV) maker Tesla said on Friday that a single battery module caused a Model S sedan to catch fire in Shanghai and it had revised its vehicle settings to further protect its batteries.
FutureCar Staff 2019-06-28 06:00 PT
Tesla's vice president of production at its Fremont factory, Peter Hochholdinger, has left after three years with the electric-car maker. He is the latest high-profile executive to leave Tesla in the past two years as the automaker struggles to ramp up production of Model 3.
FutureCar Staff 2019-06-27 00:00 PT
Despite recent reports stating that Tesla is struggling and that demand for the brand’s electric cars is dropping, CEO Elon Musk told investors that sales and production are still doing well.
Vineeth Joel Patel2019-06-14 13:00 PT
Electric automaker Tesla sought since last summer a tariff exemption for the Chinese made “brain” or CPU that is used in the Model 3 and another for the center-mounted touchscreen display. Both requests have been officially denied.
Eric Walz2019-06-13 11:41 PT
All while costing approximately $50,000.
Vineeth Joel Patel2019-06-06 05:00 PT
A leaked email from Tesla CEO Elon Musk to employees revealed that Tesla might finally be solving many of its production and logistics problems. The email to employees noted that Tesla is on track to deliver a record number of cars in the second quarter.
FutureCar Staff 2019-05-23 13:40 PT
Consumer watchdog organization Consumer Reports (CR) recently conducted its own test of Tesla’s new “Navigate on Autopilot” update and concluded that it doesn’t work as well as Musk claims. In fact, using it could be a potential safety risks for drivers.
Eric Walz2019-05-22 12:22 PT
After a fatal accident in Florida involving a Tesla Model S operating in “Autopilot” mode, the National Highway Safety Board (NHSB) launched an investigation. The preliminary report determined that the driver engaged Autopilot around 10 seconds before crashing.
FutureCar Staff 2019-05-16 15:00 PT
A new report compared the advertising budget of different companies from the automotive industry to their total online user engagement across popular social media platforms. Tesla by far had the highest number of organic engagements.
Manish Kharinta2019-05-11 11:30 PT
On Thursday, Tesla issues of new shares and debt worth more than $2 billion. Billionaire CEO Elon Musk is pitching in $10 million as the electric carmaker attempts to build up its cash reserves.
Eric Walz2019-05-02 08:00 PT
Tesla CEO Elon Musk and the U.S. Securities and Exchange Commission (SEC) on Thursday sought a second delay and requested to provide the court another joint submission on or before April 30, indicating whether they have reached an agreement to settle a dispute over Musk’s use of Twitter, both parties said in a court filing.
FutureCar Staff 2019-04-25 18:54 PT
Researchers at Cornell University have discovered a simpler method of 3D object detection for autonomous driving vehicles using two inexpensive cameras mounted on either side of the vehicle's windshield, which can detect objects with nearly the accuracy of lidar at a fraction of the cost.
Eric Walz2019-04-25 15:02 PT
Tesla CEO Elon Musk got a dose of reality as the electric automaker announced its 2019 first quarter earnings. The electric automaker posted a $702 million dollar loss or $4.10 per share amid slowing demand for the Model 3 and difficulties delivering the company’s first mass-market car to customers.
FutureCar Staff 2019-04-24 18:59 PT
Tesla held its “Autonomy Investor Day” today at the automaker's Silicon Valley headquarters to provide analysts and investors with updates about the automaker’s autonomous driving hardware.
Eric Walz2019-04-22 18:24 PT
Electric automaker Tesla released its Q1 production numbers and vehicle deliveries yesterday showing a significant drop from Q4 2018. The automaker reported deliveries of 63,000 vehicles in the quarter, which is a jump of 110 percent from the same quarter last year, but 31 percent lower than Q4 2018.
FutureCar Staff 2019-04-04 12:22 PT
A federal judge in San Francisco dismissed for the second time a securities fraud lawsuit brought by Tesla shareholders alleging that the company’s CEO Elon Musk and other executives made misleading comments about the production status of its Model 3
FutureCar Staff 2019-03-25 16:37 PT
Tesla will unveil its much anticipated Model Y electric crossover SUV tonight at the company’s design center in California. Tesla CEO Elon Musk has promised that a crossover model will join its lineup and the wait to see it is finally over.
Eric Walz2019-03-14 17:18 PT
Last week, Tesla CEO Elon Musk made a surprising announcement the the electric automaker would close all of its retail locations and move vehicle sales to online-only in a cost cutting move. Now Tesla is backtracking on its decision. Tesla said it will keep half of its retail locations open and raise prices by 3 percent for its high-end models.
FutureCar Staff 2019-03-11 14:29 PT
Tesla CEO Elon Musk made another surprising tweet over the weekend announcing the automaker’s next vehicle— the Model Y crossover. The official unveiling of the Model Y will take place on March 14 and the company’s design studio in Los Angeles.
Eric Walz2019-03-04 11:39 PT
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FutureCar Staff Jul 11, 2019 5:42 PM PT
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