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The Tesla Model Y and Model 3 Take the 1st and 2nd Place Spots in the Annual Cars.com ‘American-Made Index’

The Tesla Model Y and Model 3 Take the 1st and 2nd Place Spots in the Annual Cars.com ‘American-Made Index’

The Tesla Model Y electric SUV, which is built in both California and Texas, was named the most American-made vehicle in the annual Cars.com American-Made Index (AMI). The Model 3 sedan took the second place spot in this year's AMI. Each year, Cars.com tallies a list of vehicles creating the greatest impact on the U.S. economy through factory jobs, manufacturing plants and parts sourcing.

Eric Walz2022-06-21 13:00 PT

Tesla Raises Prices in the U.S. as Inflation Chips Away at its Profit Margins

Tesla Raises Prices in the U.S. as Inflation Chips Away at its Profit Margins

Faced with rising inflation that’s driving up the cost of raw materials, electric automaker Tesla has raised prices of all its models in the U.S. by roughly 5%. The price of the Tesla Model Y SUV increased by $3,000 from $62,990 to $65,990. The Model Y now costs 25% more than it did in Jan 2021.

Eric Walz2022-06-16 08:30 PT

Tesla Vehicles Operating in Autopilot Mode Involved in 273 Crashes in Under a Year, the NHTSA Reports

Tesla Vehicles Operating in Autopilot Mode Involved in 273 Crashes in Under a Year, the NHTSA Reports

Data from the National Highway Traffic Safety Administration (NHTSA) released on Wednesday shows that Tesla vehicles operating in Autopilot have been involved in 273 crashes since last July. Of these crashes, 125 occurred in California. The number is much higher than previously reported and shows how far the nascent technology needs to advance to become safer than a human driver.

Eric Walz2022-06-15 08:30 PT

Tesla’s Battery Supplier Panasonic is Close to Selecting the Site of its New U.S. Battery Plant

Tesla’s Battery Supplier Panasonic is Close to Selecting the Site of its New U.S. Battery Plant

In March, Japan's public broadcaster NHK reported that Panasonic Corp was looking to purchase land in the United States for a "mega-factory" that will churn out advanced electric vehicle batteries for electric automaker Tesla. Now after two months, the Japanese company is reportedly close to selecting which U.S. state will be the home of its new factory.

FutureCar Staff 2022-06-03 12:10 PT

Major Tesla Investor Urges the Electric Automaker to Issue Stock Buyback After Share Price Plummets 30% Since April

Major Tesla Investor Urges the Electric Automaker to Issue Stock Buyback After Share Price Plummets 30% Since April

One of Tesla’s biggest shareholders is not happy with the electric automaker’s tumbling stock price since last month. Billionaire Leo KoGuan, co-founder of IT provider SHI International Corp and a major individual investor in Tesla, is publicly calling on the company to buy back shares in order to return some cash back to shareholders.

Eric Walz2022-05-19 13:40 PT

Tesla is Recalling 130,000 Vehicles to Address Touchscreen Display Malfunctions Caused by Overheating, its 11th Recall This Year

Tesla is Recalling 130,000 Vehicles to Address Touchscreen Display Malfunctions Caused by Overheating, its 11th Recall This Year

Tesla is recalling about 130,000 vehicles in the U.S. following an overheating issue involving the CPU that powers the center-mounted touch screen display in the 2021 and 2022 Tesla S and X vehicles, as well as the 2022 the Model 3 sedan and Model Y SUV. The overheating issue can cause the center display to malfunction, the National Highway Traffic Safety Administration (NHTSA) said on Tuesday.

FutureCar Staff 2022-05-10 10:35 PT

Tesla Aims to Make China the ‘World’s Largest Vehicle Export Hub’ with a Second Factory

Tesla Aims to Make China the ‘World’s Largest Vehicle Export Hub’ with a Second Factory

Electric automaker Tesla Inc plans to build a second factory in China which would double its production capacity in the world’s biggest auto market. The plans were confirmed in a letter sent to local officials this week, which outlined how Tesla planned to further expand its plant in Shanghai.

FutureCar Staff 2022-05-05 10:15 PT

Tesla is ‘Virtually Recalling’ Roughly 64,500 Model 3 Performance Sedans in the U.S. and China for a Missing Speedometer Display While in Track Mode

Tesla is ‘Virtually Recalling’ Roughly 64,500 Model 3 Performance Sedans in the U.S. and China for a Missing Speedometer Display While in Track Mode

Electric automaker Tesla is recalling approximately 48,000 Model 3 Performance sedans vehicles in the U.S. and another over 14,600 more in China to address a problem where the vehicle’s speedometer doesn’t show when the vehicle is put into “Track Mode”. The recall covers vehicles from the 2018 through 2022 model year Model 3 Performance Models. Tesla inadvertently removed the speedometer display after a firmware update in Dec 2021.

FutureCar Staff 2022-04-29 07:00 PT

Tesla Drops Standard Charging Cable for New EVs

Tesla Drops Standard Charging Cable for New EVs

Tesla becomes the second automaker to not offer its electric vehicles with a standard charging cable.

Vineeth Joel Patel2022-04-24 19:00 PT

­­­­Tesla CEO Elon Musk Makes New Claim To Introduce Robotaxi by 2024

­­­­Tesla CEO Elon Musk Makes New Claim To Introduce Robotaxi by 2024

Previously, Musk had stated that Tesla would come out with an autonomous vehicle without a steering wheel or pedals by 2020. Now, that date has been moved back to 2024.

Vineeth Joel Patel2022-04-23 06:55 PT

Tesla Beats Revenue and Profit Estimates for Q1 With Deliveries of 310,048 Electric Vehicles

Tesla Beats Revenue and Profit Estimates for Q1 With Deliveries of 310,048 Electric Vehicles

Electric automaker Tesla announced its first quarter deliveries and revenue on Wednesday. The world’s most valuable automaker managed to beat earnings and profit estimates in Q1 2022 despite the semiconductor shortages and supply chain interruptions that have been hampering global auto production.

FutureCar Staff 2022-04-20 14:15 PT

Tesla Added 27 More V3 Supercharger Stations to its Charging Network in China Last Month

Tesla Added 27 More V3 Supercharger Stations to its Charging Network in China Last Month

Electric automaker Tesla continues to build out its charging network in China at a rapid pace. The company added 27 new Supercharger stations last month comprising 147 charging piles, local media outlet CnEVPost reported on Friday. The new Tesla Superchargers are located in 20 Chinese cities, including Hangzhou, Guangzhou, Wuhan and Shanghai. All of the new chargers are Tesla's more powerful V3 Superchargers.

FutureCar Staff 2022-04-15 06:45 PT

Tesla Chief Executive Elon Musk Has a New Role, Twitter Board Member

Tesla Chief Executive Elon Musk Has a New Role, Twitter Board Member

Following Monday's news of Elon Musk’s multi-billion dollar investment in Twitter, which helped fuel rumors of a possible takeover of the social media platform, the Tesla chief will now take a seat on Twitter's board. As an official board member, Musk vowed to make "significant" improvements at Twitter, though it’s still unclear what they'll be.

FutureCar Staff 2022-04-05 09:15 PT

Tesla Signs a Secretive Deal With Brazilian Mining Company Vale S.A. to Supply Nickel for EV Batteries, Bloomberg Reports

Tesla Signs a Secretive Deal With Brazilian Mining Company Vale S.A. to Supply Nickel for EV Batteries, Bloomberg Reports

Bloomberg News reported on Wednesday that Tesla has signed an undisclosed deal with Brazilian mining company Vale S.A. to supply nickel to the electric automaker. Vale is the world's largest producer of iron ore, pellets, and nickel. Demand for nickel is expected to rise with the auto industry's transition to electrification.

Eric Walz2022-03-30 08:15 PT

Tesla’s German Gigafactory Delivers the First Model Ys After Officially Starting Production

Tesla’s German Gigafactory Delivers the First Model Ys After Officially Starting Production

Tesla's bold plans to dominate the electric vehicle market in Europe is one step closer as the automaker's new factory in Germany kicked off production of the first European-built Model Y vehicles for the local market. Tesla Chief Executive Elon Musk traveled to Germany to celebrate the milestone and oversaw the handover of Tesla's first German-made cars on Tuesday.

FutureCar Staff 2022-03-22 12:15 PT

Tesla Hikes Prices for the Second Time in Less Than a Week Due to Inflation and the Rising Costs of Raw Materials

Tesla Hikes Prices for the Second Time in Less Than a Week Due to Inflation and the Rising Costs of Raw Materials

Electric automaker Tesla announced a second price hike in less than a week for all of its electric models on sale in the United States and China. The company says it is due to the rising costs of raw materials and logistics, which are being made worse by Russia’s invasion of Ukraine. Chief Executive Elon Musk said the company is facing significant inflationary pressure.

FutureCar Staff 2022-03-15 12:45 PT

Tesla Sold 56,515 China-Built Vehicles Last Month

Tesla Sold 56,515 China-Built Vehicles Last Month

​The China Passenger Car Association (CPCA), which tracks auto sales each month in the world’s biggest car market, said on Tuesday that electric automaker Tesla sold 56,515 China-built vehicles during the month of February. The total includes 33,315 vehicles for export. Tesla's rising sales in China comes amid growing competition from new EV startups, including NIO Inc. and XPeng Inc.

FutureCar Staff 2022-03-08 14:55 PT

Tesla Begins Moving Model S and Model X to 'Tesla Vision'

Tesla Begins Moving Model S and Model X to 'Tesla Vision'

The automaker’s largest electric vehicles are dropping the brand’s radar sensors in favor of cameras found in Tesla Vision.

Vineeth Joel Patel2022-03-06 07:00 PT

Panasonic is Looking to Purchase Land in the U.S. to Build a 'Mega-Factory' to Produce EV Batteries for Tesla

Panasonic is Looking to Purchase Land in the U.S. to Build a 'Mega-Factory' to Produce EV Batteries for Tesla

Japan's Panasonic Corp is looking to purchase land in the United States for a “mega-factory” that will churn out advanced electric vehicle batteries for electric automaker Tesla, Japan’s public broadcaster NHK reported on Friday. According to NHK, Panasonic is considering sites in either Oklahoma or Kansas, which will be close to Tesla’s new EV factory under construction in Austin, Texas, which is scheduled to open on April 7.

Eric Walz2022-03-04 15:15 PT

Tesla Granted Conditional Permit That Paves the Way to Start EV Production at its New $5.5 Billion Gigafactory in Germany

Tesla Granted Conditional Permit That Paves the Way to Start EV Production at its New $5.5 Billion Gigafactory in Germany

​Electric vehicle leader Tesla will soon begin building its electric vehicles in Europe for the first time. The company was given a conditional building permit by authorities in Germany that greenlights the start of production. Once Tesla proves it meets various conditions, including in water use and air pollution control, it can start producing electric vehicles.

FutureCar Staff 2022-03-04 13:15 PT

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