Model 3

Elon Musk‘s brother and a member of Tesla Inc‘s board of directors Kimbal Musk on Sunday compared the EV company to iPhone maker Apple Inc. What Happened: According to Kimbal, Tesla’s cheapest offering— the Model 3— was transformative for the company given its lower price point...

Electric vehicle company Rivian Automotive (NASDAQ:RIVN) recently reported fourth-quarter financial results. The results included a look back at key 2023 production and delivery milestones as well as guidance that the company will produce 57,000 vehicles in 2024. Here's a look at how leasing could...

Tesla Inc‘s (NASDAQ:TSLA) Model 3 sedan’s rear-wheel drive and long-range versions became ineligible for any federal EV tax credit this year following the White House’s guidance aimed at cutting down on Chinese reliance. However, the EV giant never explicitly said how much its...

EV giant Tesla Inc (NASDAQ:TSLA) will issue a software update to 8,700 vehicles in China which may have issues with displaying reversing images, thereby posing a safety hazard. What Happened: According to the China State Administration for Market Regulation, Tesla will update software on a total...

EV giant Tesla Inc (NASDAQ:TSLA) has increased the price of its Model 3 Long Range in the U.S. by $250. The prices of other variants of the lower-end electric sedan from the EV giant remain unchanged. What Happened: The Model 3 Long Range now starts at $47,740 in the U...

After temporarily cutting Model Y prices over the weekend, Tesla, Inc. (NASDAQ:TSLA) raised the price of the Long Range (LR) variant of its new Model 3 sedan in the U.S. by $500 late Tuesday. What Happened: A Model 3 LR variant in the U.S. will now cost $47,490, marking a back-to-...

A leading annual auto show in North America will have the Cybertruck on display, just months after Tesla Inc (NASDAQ:TSLA) began deliveries. What Happened: The public will get their chance to see a Cybertruck up close at the Chicago Auto Show. Dating back to 1901, the event is one of the largest...

The Midwest Roadside Safety Facility at the University of Nebraska–Lincoln conducted an experiment to test whether guardrails are effective against heavier electric vehicles currently taking over roads. The results of the crash test are concerning. What Happened: The Nebraska facility performed a...

The National Highway Traffic Safety Administration (NHTSA) said on Friday that it has commenced an engineering analysis into the steering rack parts in Tesla Inc‘s (NASDAQ:TSLA) Model 3 sedan and Model Y SUV after multiple owner reports of loss of steering control. What Happened: In its...

Electric vehicle giant Tesla Inc (NASDAQ:TSLA) is recalling approximately 2.2 million vehicles, including the Cybertruck, due to concerns about a smaller font size for warning lights, compromising the visibility of crucial safety information. What Happened: The extensive recall...

EV giant Tesla Inc (NASDAQ:TSLA) has cut prices on a few versions of its Model Y SUV in Canada by as much as 6.9%, making it as cheap as its Model 3 sedan in the country. What Happened: Tesla has cut prices on both the rear-wheel drive and the long-range version of the Model Y by C$4000 (about $2,...

Tesla Inc (NASDAQ: TSLA) is gearing up to launch the upgraded Model 3 Performance in China, with sales anticipated to start in the second quarter of 2024. This new variant of the popular electric sedan is expected to roll off production lines at the Gigafactory in Shanghai, followed...

Tesla Inc (NASDAQ:TSLA) executive Martin Viecha on Friday confirmed that the company will release a refreshed Model 3 Performance variant in the future. What Happened: “You should get the Performance one, once that comes out,” Viecha wrote to television presenter James May who recently...

One can either purchase a Tesla Inc (NASDAQ:TSLA) vehicle or lease it for two or three years, providing a more cost-effective option for those not intending to keep it long-term. However, the cost of leasing a Tesla varies across models. Which Teslas Can You Lease: Tesla offers leasing...

EV giant Tesla Inc (NASDAQ:TSLA) has cut the prices on its cheapest vehicle in China by as much as 6% while also cutting prices on its best-selling SUV. What Happened: According to the Tesla website, the Model 3 rear-wheel drive is now priced at 15,500 yuan (about $2,183) lower at 245,900 yuan...