Tesla (TSLA) has warned investors that it is currently in between growth waves – potentially affecting its guided 50% growth rate. The growth Tesla has experienced in terms of vehicle production and deliveries over the last decade is undeniably impressive. Tesla went from a poorly funded EV startup to the most valuable automaker in the… Continue reading Tesla (TSLA) warns it is in between ‘growth waves’ right now
Author: Electrek Newsfeed
Tesla removes purchase clause that threatened to sue Cybertruck scalpers
After backlash over the weekend to the Tesla’s plan to sue early Cybertruck owners for $50k if they try to flip their vehicles, the company updated its purchase agreement to remove Cybertruck-specific no-reselling clause. This weekend, we reported that Tesla will sue you if you try to flip your low-VIN Cybertruck. At issue was a… Continue reading Tesla removes purchase clause that threatened to sue Cybertruck scalpers
Tesla seeks help in proving giga casted vehicles are not more expensive to repair
Tesla has sought help to prove that its vehicles built with giga-casting parts are not more expensive to repair. That’s something that is particularly of concern to insurers. Over the last few years, Tesla has heavily invested into giga-casting technology to produce larger car parts. The automaker can now produce entire car bodies with just… Continue reading Tesla seeks help in proving giga casted vehicles are not more expensive to repair
Fisker takes another tumble, slashes production forecast
California-based electric automaker Fisker saw its shares plummet 14% yesterday after reporting big losses and lower sales than expected. Now the American startup expects to slash its production forecast for this year by as much as 30% of initial expectations. In the third quarter, Fisker lost $91 million, or 27 cents a share, according to MarketWatch.… Continue reading Fisker takes another tumble, slashes production forecast
Elon Musk didn’t even know Tesla started listing new cars through a third-party
Tesla started listing new cars through a third-party platform, cars.com, and CEO Elon Musk didn’t even know about it. One of the main things that separates Tesla from other automakers is the fact that it sells directly to consumers. In the US, all legacy automakers go through third-party franchise dealerships for sale and service. Tesla… Continue reading Elon Musk didn’t even know Tesla started listing new cars through a third-party
India is considering an EV tariff deal with Tesla, details emerge
According to reporting from the Financial Times, Tesla and India’s long courtship ritual could finally be making real progress. Negotiations appear to be on a path that would make it possible for Tesla to sell its existing cars in the country while it works on plans for a local manufacturing facility. According to the report,… Continue reading India is considering an EV tariff deal with Tesla, details emerge
Tesla signs deal with 2nd gas station operator to sell its Supercharger directly
Tesla has signed a deal with the EG Group, a massive gas station and convenience store operator, to sell its Supercharger hardware to be deployed as an EG-branded product. It’s the second of such deals that Tesla has made in just a few weeks. Last month, Tesla surprised many when it announced it reached a… Continue reading Tesla signs deal with 2nd gas station operator to sell its Supercharger directly
Tesla’s cheapest Model Y ever… is this 1:18 diecast model for $195
Tesla is now selling a 1:18 diecast model of its most popular vehicle on its online shop. The Model Y has become incredibly popular, and is expected to be the world’s best-selling vehicle this year. And now you can get one for the cool low price of $195… sort of. The $195 version is, unfortunately,… Continue reading Tesla’s cheapest Model Y ever… is this 1:18 diecast model for $195
Tesla will sue you if you try to flip your low-VIN Cybertruck
Early Cybertruck owners will be prevented from reselling their vehicles until a year after they take delivery, according to an update to Tesla’s Motor Vehicle Purchase Agreement. With the Tesla Cybertruck hitting the road at the end of this month, we’re gradually starting to learn more and more about it. We’ve recently seen it doing… Continue reading Tesla will sue you if you try to flip your low-VIN Cybertruck
UAW’s win helps non-union workers too as Toyota, Honda both hike pay
Honda has announced that it will raise the pay of some US workers by 11% after UAW’s historic strike wins, where it earned 25%+ pay increases at all of the Big Three American automakers. After Toyota did the same last week, this shows how union wins tend to affect entire industries, raising conditions for even… Continue reading UAW’s win helps non-union workers too as Toyota, Honda both hike pay