China announced today that it cut subsidies for electric cars by 10% this year, followed by further reductions in the next two years. The reduced subsidies are now only available to passenger cars costing less than 300,000 yuan ($42,400). Tesla’s China-made Model 3 sedan is currently priced at 323,800 ($45,800). The exclusion of high-priced EVs… Continue reading China’s new EV subsidies disqualify luxury models from Tesla, BMW, and Daimler
Author: Electrek Newsfeed
Tesla could use factory shutdown to update Model S and Model X interior
Tesla might take advantage of its current factory shutdown to update the Model S and Model X interior and avoid the usual headaches that come with Tesla updating its vehicles. Unlike virtually every other automaker, Tesla doesn’t rely on new model years to introduce changes and upgrades in its vehicle programs. Instead, the automaker introduces… Continue reading Tesla could use factory shutdown to update Model S and Model X interior
Tesla Cybertruck is going to be ‘able to float for a while,’ says Elon Musk
Tesla Cybertruck is going to be “able to float for a while,” says CEO Elon Musk, who apparently can’t wait to bring the electric pickup truck to production. For a while now, Elon Musk has cautiously boasted about the ability of Tesla vehicles to float, or even “act as a boat” for short periods of… Continue reading Tesla Cybertruck is going to be ‘able to float for a while,’ says Elon Musk
Fisker unveils off-road version of its ~$30,000 electric SUV
Fisker, a new electric vehicle startup from the fame car designer Henrik Fisker, has unveiled an off-road version of its $38,000 electric SUV. Over the last few years, Henrik Fisker has been trying to launch a new EV startup under his own name after his original effort failed in 2013 and other companies took over. In… Continue reading Fisker unveils off-road version of its ~$30,000 electric SUV
Tesla’s acquisition of DeepScale starts to pay off with new IP in machine learning
Tesla’s acquisition of machine-learning startup DeepScale is starting to pay off, with the team hired through the acquisition starting to deliver new IP for the automaker. Late last year, it was revealed that Tesla acquired DeepScale, a Bay Area-based startup that focuses on “Deep Neural Network (DNN)” for self-driving vehicles, for an undisclosed amount. They… Continue reading Tesla’s acquisition of DeepScale starts to pay off with new IP in machine learning
Elon Musk: Tesla Cybertruck will have to be wrapped for different colors and patterns
Tesla Cybertruck is going to have to be wrapped in order to get different colors and patterns, according to a new comment from CEO Elon Musk. When Tesla unveiled the Cybertruck last year, one of the most surprising features, aside from the design, was the fact that the frame of the vehicle is actually the… Continue reading Elon Musk: Tesla Cybertruck will have to be wrapped for different colors and patterns
Tesla is still getting tons of Cybertruck orders months after electric pickup unveiling
Despite difficult times, Tesla is still getting a lot of new Cybertruck orders months after electric pickup’s unveiling, according to sources familiar with the matter. Tesla is no stranger to receiving incredible numbers of pre-orders or reservations after unveiling a new vehicle. The automaker used that model to prove demand and raise money to finance… Continue reading Tesla is still getting tons of Cybertruck orders months after electric pickup unveiling
Tesla (TSLA) keeps climbing as it seeks to renegotiate its rent rates
Tesla’s (TSLA) stock price keeps climbing this morning as the automaker seeks to renegotiate its rent rates based on emails sent to its landlords. As we reported yesterday, Tesla’s stock has been recovering extremely well from its drop following the broader market correction triggered by the coronavirus pandemic. Tesla’s stock is surging again today; it’s… Continue reading Tesla (TSLA) keeps climbing as it seeks to renegotiate its rent rates
Musk says Tesla “Battery Day” will be mid-May…maybe
Tesla has been preparing for a “battery and powertrain investor day,” which had been planned for this month. But with the world shut down due to coronavirus, company plans have changed. Tesla CEO Elon Musk said tonight that battery day is “most likely postponed to mid May” – though it’s also “hard to predict dates… Continue reading Musk says Tesla “Battery Day” will be mid-May…maybe
Tesla updates its solar subscription program – making cost of removing system vague
Tesla has updated its solar subscription program – making the cost of removing a solar array from someone’s roof vague. Over the last year, Tesla has been trying to revamp its solar business. Not just with the new solar roof products, but also with more traditional solar panels on existing roofs, which still represents most… Continue reading Tesla updates its solar subscription program – making cost of removing system vague