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Tesla's More Affordable Standard Range Model Y is a Recipe for Success

Tesla's More Affordable Standard Range Model Y is a Recipe for Success

​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

Tesla’s Market Value Tops $800 Billion for the First Time, But Can the Company Sell Another 500,000 Vehicles in 2021?

Tesla’s Market Value Tops $800 Billion for the First Time, But Can the Company Sell Another 500,000 Vehicles in 2021?

​Electric automaker Tesla became the world’s most valuable car company in 2020. But Tesla’s meteoric rise did not end there. The company's stock has continued to climb and now for the first time Tesla’s market cap has surpassed $800 billion. However, in order to justify Tesla’s soaring value, the company will need to sustain its sales momentum throughout 2021 and beyond. But there are indications that Tesla will have a difficult time matching the success in 2020.

Eric Walz2021-01-08 12:15 PT

Tesla Delivers Nearly 500,000 Vehicles in 2020, Breaks Record

Tesla Delivers Nearly 500,000 Vehicles in 2020, Breaks Record

Tesla recently published its fourth-quarter vehicle delivery figures for 2020 and the electric automaker delivered 180,570 EVs, up from its previous record of 139,300 vehicles.

Vineeth Joel Patel2021-01-02 14:00 PT

China's Yahua Agrees to a Five-year Deal to Supply Lithium to Tesla for EV Batteries

China's Yahua Agrees to a Five-year Deal to Supply Lithium to Tesla for EV Batteries

China’s Sichuan Yahua Industrial Group Co Ltd said on Tuesday it had signed a deal to supply battery-grade lithium hydroxide to Tesla for the next five years. The deal would give Tesla a steady supply of lithium, a key ingredient for electric vehicle batteries in the world’s biggest auto market.

FutureCar Staff 2020-12-29 11:05 PT

Tesla’s Autopilot is Rated as the Best Advanced Driver Assistance System in China

Tesla’s Autopilot is Rated as the Best Advanced Driver Assistance System in China

A recent survey conducted by the automotive test outlet 42HOW in China has declared Tesla’s Autopilot feature as the best automated driving system on the market in China with a total score of 283 out of a 335. The Model 3 managed to set a substantial lead over the first runner-up the BMW X5, which received 208 points respectively. Seventh place was the Cadillac CT6 with a score of 129.5.

Manish Kharinta2020-12-09 14:50 PT

Tesla Granted Permission to Sell its Shanghai-made Model Y Crossover in China

Tesla Granted Permission to Sell its Shanghai-made Model Y Crossover in China

​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

Tesla is the Focus of Another Probe by the NHTSA for Suspension Safety Issues

Tesla is the Focus of Another Probe by the NHTSA for Suspension Safety Issues

Electric vehicle manufacturer Tesla has been the focus of numerous investigations by the NHTSA in the past and now the California company finds itself under investigation once again. The NHTSA said on Friday it had opened a preliminary investigation involving 115,000 Tesla models after receiving 43 complaints about failure of the left or right front suspension fore links.

Eric Walz2020-11-27 12:45 PT

Tesla’s Market Value Tops $500 Billion as the Company Nears its S&P 500 Debut

Tesla’s Market Value Tops $500 Billion as the Company Nears its S&P 500 Debut

Electric automaker Tesla has further cemented its place as the world’s most valuable car company by far. The company’s stock continues to surge despite the worsening pandemic and is up nearly 5% to $546.59 on Tuesday pushing Tesla’s market cap over $500 billion to $518 billion.

Eric Walz2020-11-24 11:10 PT

Electric Automaker Tesla Will Join the Elite S&P 500 Index on Dec 21

Electric Automaker Tesla Will Join the Elite S&P 500 Index on Dec 21

Electric automaker Tesla will be included in the S&P 500 Index beginning on Monday, Dec 21. With its inclusion, Tesla can now expect more exposure across financial markets resulting in a stable source of new investments. A listing in the S&P 500 is considered an elite status for companies and can open the door to billions in new funding.

Eric Walz2020-11-16 16:55 PT

Everything You Need To Know About The 'Refreshed' Tesla Model 3

Everything You Need To Know About The 'Refreshed' Tesla Model 3

Electric automaker Tesla is getting ready to introduce a refreshed version of its mass-market Tesla Model 3 sedan. The upcoming version is poised to receive a wide range of new updates, including add-on features and some new styling elements. In China, Model 3 sedan rolling off the assembly line at Tesla’s Shanghai gigafactory will come with new features such as double pane glass windows and blacked-out exterior trim.

Manish Kharinta2020-11-10 09:40 PT

Report: Tesla Planning on Bolstering its Global Service Centers

Report: Tesla Planning on Bolstering its Global Service Centers

Service has been a massive weak spot for Tesla, but the all-electric automaker is hoping to change that by introducing 52 new service centers in 2021.

Vineeth Joel Patel2020-11-02 06:45 PT

Tesla’s New 'Full Self-Driving' Beta Software is Being Closely Watched by U.S. Regulators

Tesla’s New 'Full Self-Driving' Beta Software is Being Closely Watched by U.S. Regulators

The National Highway Traffic Safety Administration (NHTSA) said it was closely watching Tesla’s latest beta software that launched on Tuesday, which allows its vehicles to drive themselves without human intervention. The NHTSA said it was standing by and ready to protect the public against safety risks.

FutureCar Staff 2020-10-22 13:55 PT

Tesla to Export its China-built Model 3 to Countries in Europe

Tesla to Export its China-built Model 3 to Countries in Europe

Electric automaker Tesla has confirmed that its will ship Model 3 sedans built at its new Shanghai factory to customers in Europe. The electric cars will be shipped to ten countries in Europe beginning this month, including Germany, France, Italy and Switzerland, the automaker said.

Eric Walz2020-10-19 09:00 PT

Tesla Model S Gets Second Price Cut of the Week to $69,420

Tesla Model S Gets Second Price Cut of the Week to $69,420

In what turned out to be a truly bizarre week for Tesla’s flagship sedan, the Model S received two dramatic price cuts to become far more affordable.

Vineeth Joel Patel2020-10-18 06:30 PT

Tesla’s ‘Full Self-Driving’ Beta Coming This Week

Tesla’s ‘Full Self-Driving’ Beta Coming This Week

The outspoken CEO took to Twitter to announce the limited availability of the upcoming system.

Vineeth Joel Patel2020-10-17 07:45 PT

Tesla Co-founder Plans to Be the World's Top Battery Recycler With New Venture

Tesla Co-founder Plans to Be the World's Top Battery Recycler With New Venture

J.B. Straubel, co-founded electric automaker Tesla with Martin Eberhard and Marc Tarpenning and also served as the company’s first Chief Technical Officer, has big plans for his new battery recycling startup Redwood Materials. Speaking at the TechCrunch Mobility Sessions conference this week, Straubel said he wants to build Redwood Materials into the world’s top battery recycling company and one of the largest battery materials companies.

Eric Walz2020-10-08 10:00 PT

Tesla’s Quality Control is in the Spotlight After a Model Y Glass Roof Detaches on a California Freeway

Tesla’s Quality Control is in the Spotlight After a Model Y Glass Roof Detaches on a California Freeway

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

European New Car Assessment Program Scores Tesla’s Autopilot Poorly in Safety Test

European New Car Assessment Program Scores Tesla’s Autopilot Poorly in Safety Test

The European safety assessment ranked Tesla’s Autopilot system in sixth place out of 10 because it failed to keep drivers engaged.

Vineeth Joel Patel2020-10-05 07:00 PT

Tesla Cuts of the Price of the Model 3 Sedan in China by 8%

Tesla Cuts of the Price of the Model 3 Sedan in China by 8%

California automaker Tesla has cut the price of the China-built Model 3 in China by 8%. Tesla’s China website now shows the starting price of the standard range Model 3 sedan at 249,900 yuan ($36,805), after Chinese subsidies for electric vehicles are applied. The day before, the starting price for Model 3 was listed at 271,550 yuan ($39,990) after subsidies.

FutureCar Staff 2020-10-01 14:45 PT

Tesla Will Start Using Cobalt-Free Batteries for its China-Built Model 3, Reports Say

Tesla Will Start Using Cobalt-Free Batteries for its China-Built Model 3, Reports Say

Tesla is ready to start building some Model 3 vehicles in China equipped with more affordable cobalt-free lithium iron phosphate (LFP) batteries, two people familiar with the matter said. In June, Tesla received government approval to build its Model 3s in China using the LFP batteries.

Eric Walz2020-09-30 12:05 PT

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