Tesla Announces the $35,000 Standard Model 3 Can No Longer Be Purchased Online

In a blog post Thursday, Tesla announced that the $35,000 Model 3, the automaker’s first mass-market car, is no longer available for purchase on the company's website, instead customers will need to visit a Tesla store in-person or order it by phone.

Eric Walz2019-04-12 17:00 PT

CNBC Report Claims Tesla’s EVs Store Unencrypted Crash Data, Navigation Information

A security researcher extracted unencrypted data from Tesla vehicles and found that the electric vehicles held on to a lot of unencrypted data.

Vineeth Joel Patel2019-04-06 07:00 PT

Tesla Stock Falls After Vehicle Deliveries Drop 31% in Q1

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

Tesla Model 3 Sets New Delivery Record in Norway

In March, a total of 3,593 Model 3 sedans have been registered in Norway, making the electric vehicle the best-selling battery-powered vehicle in the country.

Vineeth Joel Patel2019-03-29 10:11 PT

Tesla Sues Autonomous Driving Startup Zoox & Chinese EV Startup XPENG for Trade Secret Theft

On Wednesday, Tesla Inc. sued former employees of both Zoox and Xiaopeng Motors, accusing them of trade secrets theft related to autonomous vehicle technology. The pair of lawsuits was filed in U.S. District Court of Northern California in San Jose.

FutureCar Staff 2019-03-21 12:00 PT

Tesla Unveils the Model Y, the Company’s First Electric Crossover SUV

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

Tesla Reverses Decision to Shut Down All of its Retail Stores, Will Keep Some Open & Raise Prices

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

State-Owned Shanghai Construction Group To Build Tesla’s New China GigaFactory

Electric automaker Tesla is getting a big helping hand from the Chinese government to build its new Gigafactory 3 in China. State-owned Shanghai Construction Group (SCG) will build the first phase of Tesla’s assembly factory in Shanghai.

FutureCar Staff 2019-03-07 13:04 PT

Tesla Unveils V3 Superchargers That Can Add 75 Miles of Range in 5 Minutes

Electric automaker Tesla announced its next-generation Superchargers on Thursday. The company said the new Superchargers can add 75 miles of range to a Tesla Model 3 in just 5 minutes.

Eric Walz2019-03-07 00:48 PT

Tesla to Unveil the New Model Y Crossover on March 14, Could Become a Huge Hit

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

Tesla Begins Taking Orders for the $35,000 Base Model 3

Tesla has opened orders for the long-awaited $35,000 version of the Model 3. Customers can order the car beginning today. Tesla’s website says the $35,000 “standard range” Model 3 would be delivered within 2 to 4 weeks.

FutureCar Staff 2019-02-28 18:57 PT

Tesla Delivers the First Model 3's to China Ahead of Schedule

State-funded Chinese news site The Paper reported on Friday that a cargo ship carrying more than 1,600 Tesla Model 3 vehicles had arrived in Shanghai. Tesla initially hoped to launch the Model 3 in China sometime in late March, so the automaker remains ahead of schedule.

FutureCar Staff 2019-02-22 17:59 PT

Consumer Reports Drops its Tesla Model 3 Recommendation Over Quality Issues

Tesla’s rush to deliver the new Model 3 sedan to customers may have led to quality control problems at the automaker’s Fremont, California assembly plant. Consumer Reports criticized the reliability of the company’s new Model 3 sedan and dropped it from its list of recommended vehicles for consumers.

FutureCar Staff 2019-02-21 17:15 PT

Tesla Inches Closer to $35,000 Model 3, Reduces Price for Sedan

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

Tesla to Buy Battery Maker Maxwell Technologies in a $218 Million All-Stock Deal

Electric automaker Tesla announced today the purchase of Maxwell Technologies, a San Diego-based developer and manufacturer of battery solutions, including ultracapacitors and electric vehicle battery cells.

FutureCar Staff 2019-02-04 14:35 PT

Tesla Begins Taking Orders for a Lower-Priced Model 3 in China

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 Provides Updates in Q4 Earnings Call

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 Hedges its Stake in Tesla

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

Tesla Reducing Production Hours for the Model S & Model X

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

Tesla to Cut 7% of its Workforce to Help Lower the Costs of Model 3 Production

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