The Hyundai Kona, the first electric SUV from the South Korean automaker, keeps racking up accolades from the automotive industry. The compact SUV was named the Edmunds Editors’ Choice for best EV of 2019.
FutureCar Staff 2019-02-12 13:47 PT
Tesla is hoping to cancel out the effects of the loss of federal tax credits by slashing the Model 3’s price tag by an extra $1,100.
Vineeth Joel Patel2019-02-07 06:00 PT
Customers in China looking to purchase a Tesla Model 3 can place their orders beginning today. Electric automaker Tesla said it will start taking orders in China for a lower-priced version of its mass-market electric car.
FutureCar Staff 2019-02-01 13:46 PT
Tesla CEO Elon Musk had much to say on today’s Q4 earning call. He opened Wednesday’s call by saying that “Last year was definitely the most challenging year in Tesla’s history, but also the most successful.”
FutureCar Staff 2019-01-30 18:07 PT
Saudi Arabia’s Public Investment Fund (PIF) has cut its exposure to electric carmaker Tesla Inc. The move is a sign that the PIF is concerned about Tesla’s long-term profitability.
Eric Walz2019-01-28 11:32 PT
Electric automaker Tesla is cutting production hours for the Model S sedan and Model X SUV, a move which raised concerns about falling demand for the company’s most profitable models.
FutureCar Staff 2019-01-23 14:21 PT
Electric automaker Tesla, fresh off its best sales year in the company’s history, announced today it will lay off about 7 percent of its full-time workforce. Tesla CEO Elon Musk said the move is necessary to help lower the costs associated with production of the Model 3
Eric Walz2019-01-18 11:59 PT
Electric automaker Tesla said it is cutting prices of the Model 3, Model S and Model X SUV by $2,000. Tesla’s surprise announcement weighed on the stock, pushing it down nearly 7 percent, as investors see it as a sign that Tesla may experience softer demand for the Model 3 going forward as the $7,500 federal EV tax credit is halved.
FutureCar Staff 2019-01-02 18:32 PT
Now that Tesla has reached sales of 200,000 electric vehicles, the $7,500 federal EV tax credit offered to buyers is being cut in half to $3,750 beginning Jan 1.
Eric Walz2018-12-31 10:05 PT
Electric automaker Tesla is putting the pieces in place for its first factory in China. Reuters reported that the U.S. automaker has registered a financial leasing company in Shanghai’s free trade zone.
FutureCar Staff 2018-12-27 10:29 PT
General Motors is fighting to retain a valuable $7,500 electric vehicle tax credit as the company deals with the political fallout triggered by its recently announced plan to shutter several U.S. assembly plants and cut thousands of jobs. The EV tax credit is designed to promote the adoption of electric vehicles.
Eric Walz2018-12-10 17:27 PT
Tesla is on a rapid pace to get its Shanghai Gigafactory up and running. The electric automaker has opened a tender process to build its Shanghai Gigafactory and at least one contractor has started buying materials.
FutureCar Staff 2018-12-06 16:08 PT
Electric automaker Tesla has opened reservations in China to purchase the Tesla Model 3. Beginning today, customers in China can reserve their Model 3 with a deposit of 8,000 yuan ($1,153.60), according to Tesla’s China website
Eric Walz2018-11-16 11:32 PT
Tesla announced its Q3 earning today and CEO Elon Musk called the company’s Q3 performance “truly historic”. The company posted a GAAP of $312 million on a record $6.8 billion in revenue, boosted by sales of the Model 3.
FutureCar Staff 2018-10-24 16:57 PT
Tesla is offering a new a mid-range version of the Model 3, with an estimated range of 260 miles. The new mid-range Model 3 is priced at $45,000 before incentives.
FutureCar Staff 2018-10-18 16:40 PT
A U.S. judge approved Tesla’s and Chief Executive Elon Musk’s $40 million settlement with the U.S. Securities and Exchange Commission, resolving government claims that Musk misled the public with a number of tweets about plans to take the automaker private.
Eric Walz2018-10-16 13:11 PT
Electric carmaker Tesla has launched a service called ‘Tesla Direct’, which is a door-to-door direct delivery service in California. The service will help Model 3 buyers get their cars faster, rather than having to wait to pick it up at a local Tesla delivery center.
Eric Walz2018-09-24 12:12 PT
Another key executive at electric automaker Tesla is stepping down, according to people with familiar with the matter. It’s another setback for Tesla’s CEO Elon Musk since tweeting on August 7 about taking the company private.
FutureCar Staff 2018-09-21 18:31 PT
In an emotional interview with the New York Times, Tesla CEO Elon Musk opened up about his difficult and stressful year he’s had trying to ramp up production of the Model 3, while simultaneously trying to control the company’s massive cash bleed. On Friday, the electric car maker’s stock fell to its lowest levels in five months.
Jeremy Carlton2018-08-17 15:58 PT
Although Tesla is burning through cash at an alarming rate, it appears that the company has finally overcome what is called ‘production bottlenecks’ that were hampering production of its first mass-market electric car, the Model 3.
Eric Walz2018-08-16 11:23 PT
FutureCar Staff Feb 15, 2019 6:05 PM PT
Eric WalzFeb 15, 2019 12:13 PM PT
FutureCar Staff Feb 14, 2019 6:42 PM PT
FutureCar Staff Feb 14, 2019 3:52 PM PT