Ford has announced that it will add a new long-range RWD SE variant to its Mustang Mach-E line-up in China with prices starting at 282,000 yuan ($43,450). It’s lower price tag means it qualifies for state-led subsidies in the country for the purchase of an electric vehicle.
Manish Kharinta2021-07-26 16:00 PT
Competition in the electric vehicle space is heating up for Tesla in China, with new startups XPeng and NIO Inc. delivering stylish, tech-laden, yet affordable electric vehicles. Tesla challenger XPeng just unveiled its refreshed G3i, which offers autonomous driving capability and self-parking. It costs around half the price of a Tesla Model Y.
Eric Walz2021-07-09 09:45 PT
The brisk sales of its electric vehicles prove that Tesla's mission to transition the world to sustainable energy is well underway. The California company reported record delivery numbers of 201,250 vehicles in the second quarter of 2021, which follows Tesla's record profits in Q1.
FutureCar Staff 2021-07-06 23:00 PT
Electric automaker Tesla is recalling nearly 6,000 U.S.-built Model 3 and Model Y vehicles because brake caliper bolts could be loose. In rare cases, the loose bolts can puncture the tire resulting in a sudden loss of tire pressure. The recall covers certain 2019-2021 Model 3 vehicles and 2020-2021 Model Y vehicles.
FutureCar Staff 2021-06-02 08:00 PT
With Tesla cutting features as it moves to a camera-only safety system, a few organizations have decided to take awards away from the brand’s two most affordable models.
Vineeth Joel Patel2021-05-31 07:25 PT
Hyundai Motor North America today introduced its all-new IONIQ 5, an electric crossover with a targeted driving range of 300 miles, which will make it a serious alternative to Tesla’s Model Y. In addition to its range of up to 300 miles, the IONIQ 5 will offer ultra-fast charging reaching 80% charging in about 18 minutes.
Eric Walz2021-05-24 15:00 PT
As competition heats up in the electric vehicle space, pioneer Tesla proved that it’s still the undisputed leader in the auto industry. On Monday, Tesla reported its highest quarterly profit ever with a GAAP net income of $438 million. Tesla’s non-GAAP net income surpassed $1 billion for the first time in its history due to brisk sales of the Model 3 and Model Y.
Eric Walz2021-04-27 12:15 PT
During Monday's trading session, shares of Tesla hit their highest levels since March 17 after Tesla’s encouraging Q1 production and delivery report released last Friday. Tesla’s stock closed up $29.30 (4.43%) for the day at $691.05. With Monday’s gains, Tesla is on track to add roughly $50 billion to its market value in a single day.
FutureCar Staff 2021-04-05 15:00 PT
Tesla reported its Q1 results on Friday which beat Wall Street estimates for first-quarter deliveries. Tesla’s sales were boosted by strong demand for the Model Y. The company produced 180,338 Model 3 sedans and Model Y crossovers in Q1 and delivered 182,780 of them.
FutureCar Staff 2021-04-02 08:30 PT
For the month of February, consumers in China purchased Mandatory Liability Insurance for 18,039 China-made Tesla vehicles. Of the 18,039 Tesla vehicles registered, 13,394 were Model 3 sedans and 4,645 were Model Y crossovers. The new Tesla registrations in February are more vehicles than China’s six leading EV startups combined, including NIO, XPeng and Li Auto.
Eric Walz2021-03-29 13:25 PT
On top of Tesla’s falling stock price, deliveries of the Model 3 sedan and Model Y crossover have been delayed up to 14 weeks, according to Tesla’s updated vehicle order webpage, which now lists the updated delivery timelines for Tesla’s more popular models. Customers looking to purchase a Model 3 or Model Y can expect delivery times somewhere between 2 to 14 weeks.
Eric Walz2021-03-08 17:20 PT
The Tesla Model Y Standard Range’s disappearance closely resembles what the electric automaker did with the “$35,000 Model 3,” which means a lot of consumers may not know that the vehicle is available for purchase.
Vineeth Joel Patel2021-02-28 07:30 PT
New Tesla vehicle registrations in California spiked nearly 63% during the fourth quarter compared with last year, largely due to brisk sales of the company's Model Y crossover. The company’s Chief Executive Elon Musk said in the past that the more affordable Model Y has the potential to outsell all of Tesla’s other vehicles combined.
Eric Walz2021-01-21 10:40 PT
Electric automaker Tesla kicks off in the New Year by launching one of the most anticipated variants of its Model Y crossover. The Model Y has been on sale for almost a year now, but this is the first time that Tesla is offering a third-row 7-seat option for the electric crossover.
Manish Kharinta2021-01-14 08:30 PT
General Motors has once again teased its upcoming 2022 Bolt Electric Utility Vehicle (EUV), which will share most of its architecture with the Bolt EV hatchback. Production is set to begin in Summer 2021.
Manish Kharinta2020-12-30 09:30 PT
After becoming the world’s most valuable car company in 2020 with a market cap topping $400 billion, Tesla is aggressively working to expand its manufacturing footprint in China, which is the world’s biggest auto market. The California company was just given the green light to sell the Model Y crossover in China. The EV will be built at Tesla's Shanghai factory.
FutureCar Staff 2020-11-30 12:00 PT
Picking up a brand new vehicle and driving it home from the dealer is generally an exciting day for new car owners, especially if its a brand new Tesla Model Y crossover. However, for one California family this experience was a bit unnerving, after the panoramic glass roof of their brand new Model Y suddenly became detached on a California freeway.
Eric Walz2020-10-05 14:00 PT
U.S. electric automaker Tesla is expected to have impressive sales numbers for the rest of the year in China, according to China’s Passenger Car Association (CPCA), which tracks sales in the world’s biggest auto market. Tesla sales for 2020 are estimated to be 100,000+ vehicles, despite the effect of the pandemic earlier this year which led to the shut down of most of China’s auto production and sales.
FutureCar Staff 2020-08-12 19:30 PT
California electric automaker Tesla said on Wednesday it will cut prices of its electric vehicles in North America and China as the company ramps up production at its Fremont, California, factory after the easing of coronavirus lockdowns.
Eric Walz2020-05-27 07:00 PT
Tesla reported strong first quarter earnings in 2020, indicating that demand for its electric vehicles remains steady, despite a slowing economy due to the coronavirus pandemic. The company reported its third consecutive profitable quarter for the first time in its history.
FutureCar Staff 2020-04-30 09:00 PT
Eric WalzJul 28, 2021 9:00 AM PT
Eric WalzJul 27, 2021 1:30 PM PT
FutureCar Staff Jul 27, 2021 10:00 AM PT