Category: Tesla

Tesla to reduce price of standard range Model 3 in China
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Tesla to reduce price of standard range Model 3 in China

Tesla said it will reduce the price of its standard range Model 3 vehicle in China to meet the government’s new eligibility requirements for subsidies. This marks the second time this year that the automaker has reduced the price. Several months ago, the base version of China-made Model 3 was lowered by 9%. Tesla has…

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Tesla pushes Tesla Semi deliveries to 2021
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Tesla pushes Tesla Semi deliveries to 2021

Tesla is pushing back plans to produce and deliver its all-electric Class 8 truck until 2021, the company said in its quarter earnings report Wednesday. The move puts the Tesla Semi two years behind the automaker’s previous target. “We are shifting our first Tesla Semi deliveries to 2021,” the company said without providing any more…

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Tesla turns Q1 profit on cost reductions, rising car margins, credits
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Tesla turns Q1 profit on cost reductions, rising car margins, credits

Tesla reported Wednesday that it earned $16 million and generated $5.985 billion in revenue in the first quarter, results buoyed by improved automotive margins and reductions in operating expenses. Tesla’s first quarter earnings were lower than the fourth period as the COVID-19 pandemic disrupted operations and dampened sales. But the company still managed to squeeze…

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Tesla shows how its building ventilators with car parts
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Tesla shows how its building ventilators with car parts

Tesla is among a group of automakers retooling facilities to build ventilators for the COVID-19 crisis. In the following video, the company provides a behind-the-scene look at its ventilator design process. Like Ford and General Motors, Tesla engineers are building its vent with parts for its vehicles. The reason is simple: car parts are available.…

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