Tesla has transitioned the new Model S and Model X to a Li-ion 12-volt car battery – getting rid of the lead-acid battery. New Tesla Model S and Model X Last week, Tesla finally unveiled the highly-anticipated new Model S and Model X. The automaker released a bunch of information on its website, but it didn’t… Continue reading Tesla’s new Model S and Model X get rid of lead-acid 12v battery, move to Li-ion
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Tesla is recalling 134,000 Model X and Model S cars with faulty touchscreens following regulator pressure
Tesla is recalling 134,951 Model X and Model S vehicles with potentially faulty touchscreens. The recall affects cars with 8GB media cards manufactured before March 2018. Last month, the National Highway Traffic Safety Administration (NHTSA) asked Tesla to recall the vehicles. Visit Business Insider’s homepage for more stories. Tesla started sending customers emails on Tuesday… Continue reading Tesla is recalling 134,000 Model X and Model S cars with faulty touchscreens following regulator pressure
Tesla finally ‘voluntarily’ recalls Model S/X with touchscreen problem after getting arm twisted by NHTSA
Tesla announced that it will finally “voluntarily’” recall all Model S and Model X vehicles with touchscreen problems due to the eMMC issue in the media unit after getting pressured by NHTSA to do so. Tesla eMMC Defect Owners of older Tesla Model S and Model X vehicles have been reporting some issues with their… Continue reading Tesla finally ‘voluntarily’ recalls Model S/X with touchscreen problem after getting arm twisted by NHTSA
Dodge boss: The V-8’s days “are numbered” – Motor Authority
The days of the big and burly V-8 could soon be over, judging by recent comments made by Dodge CEO Tim Kuniskis. In an interview with CNBC published last week, Kuniskis said the days of supercharged V-8s like Dodge’s Hellcat engines are numbered, but thanks to electrification the type of performance the engines deliver is… Continue reading Dodge boss: The V-8’s days “are numbered” – Motor Authority
Tesla’s Berlin Gigafactory will receive billions of dollars of funding from the German government (TSLA)
Last week, the German government confirmed it will fund part of Tesla’s Grünheide factory. Sources told Insider Deutschland that Elon Musk’s company will receive billions through a program designed to create a European battery ecosystem. German taxpayers will be funding the US car manufacturer’s German factory with a 9-digit figure, but the government declined to… Continue reading Tesla’s Berlin Gigafactory will receive billions of dollars of funding from the German government (TSLA)
Tesla set for at least 1 billion euros in German subsidies – Business Insider
By Reuters Staff 2 Min Read BERLIN (Reuters) – U.S. electric vehicle maker Tesla stands to receive at least 1 billion euros ($1.2 billion) in public funding from Germany for setting up a battery cell factory near Berlin, Business Insider reported on Monday. FILE PHOTO: The construction site of the future Tesla Gigafactory is seen… Continue reading Tesla set for at least 1 billion euros in German subsidies – Business Insider
Roper Technologies Dips 7% On 1Q Profit Outlook Miss
InvestorPlace Reddit’s r/WallStreetBets Just Took Down a Hedge Fund. You’ll Love What Comes Next. As a member of r/WallStreetBets, a popular Reddit forum, let me tell you this: It wasn’t supposed to ever happen. Our happy band of rag-tag investors was supposed to use our little corner of the internet to exchange risky stock investment… Continue reading Roper Technologies Dips 7% On 1Q Profit Outlook Miss
Faraday Future CEO on going public via SPAC merger
InvestorPlace Reddit’s r/WallStreetBets Just Took Down a Hedge Fund. You’ll Love What Comes Next. As a member of r/WallStreetBets, a popular Reddit forum, let me tell you this: It wasn’t supposed to ever happen. Our happy band of rag-tag investors was supposed to use our little corner of the internet to exchange risky stock investment… Continue reading Faraday Future CEO on going public via SPAC merger
Tesla Delivers Almost 500,000 Vehicles in 2020
Tesla Delivers Almost 500,000 Vehicles in 2020
2 Jan 2021, 17:41 UTC ·
by
Mircea Panait
Home > News > Industry
As much as Elon Musk would have liked to hit the magical figure of 500,000 deliveries, Tesla Inc. got 99.91 percent of the way there with a tally of 499,550 vehicles. Considering how bad a year 2020 has been for the automotive industry, this result is more than simply impressive.
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For reference, Tesla delivered 367,500 vehicles in 2019 and 245,240 vehicles in 2018. Production output is on the rise as well, currently standing at 509,737 vehicles split between the Model S, 3, X, and Y (pun intended).
As you would expect, the Model 3 and Y took the lion’s share at 442,511 units compared to 57,039 for the Model S and X, which will be updated this year.
Elon Musk was expecting to ship 500,000 vehicles worldwide at the beginning of 2020 when the health crisis was looming on the horizon. But as you’re well aware, the big guns and bean counters in Palo Alto didn’t take into consideration temporary production halts for the Fremont and Shanghai facilities. Another reason the target figure hasn’t been hit is, of course, the financial stress of a health crisis that has affected pretty much everybody.
“So proud of the Tesla team for achieving this major milestone,” said the chief executive officer on social media. “At the start of Tesla, I thought we had (optimistically) a 10% chance of surviving at all.” As a brief refresher, the first investment that Musk made in the EV startup tallied $6.5 million when co-founders Martin Eberhard and Marc Tarpenning were running the show.
“Tesla is responsible for two-thirds of all the personal and professional pain in my life combined. But it was worth it,” confessed the big kahuna.
At the time of writing, the Model 3 is the most affordable ticket to Tesla ownership thanks to an MSRP of $37,990 for the Standard Range Plus with rear-wheel drive. Not bad for 263 miles (423 kilometers) of driving range and an acceleration of 5.3 seconds to 60 mph (96 kph), don't you think?
The Model Y kicks off at $49,990 with the Long Range battery and Dual Motor all-wheel drive, the Model S is available from $69,420, and the Model X is the most expensive of the lot at $79,990 excluding potential savings.
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Elon Musk says bitcoin ‘on the verge’ of being more widely accepted
By Reuters Staff 1 Min Read Slideshow ( 2 images ) SAN FRANCISCO (Reuters) – Billionaire Elon Musk said on Monday bitcoin was “on the verge” of being more widely accepted among investors as he expressed his support for the cryptocurrency. The comments come after the Tesla Inc CEO’s use of a “#bitcoin” tag on… Continue reading Elon Musk says bitcoin ‘on the verge’ of being more widely accepted