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Tesla has put a Cybercab on display at its Gigafactory Texas, with recent coverage from the site even showing the two-seat, autonomous vehicle driving a few employees around the parking lot.
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The Tesla Model Y refresh, coded “Juniper,” has been spotted in China with several big changes to its exterior as the automaker plans to revamp its best-selling vehicle.
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Elon Musk has denied recent reports claiming that he worked illegally when launching his career in the U.S., after the claims were widely reported over the weekend to be contradictory to his recent political statements regarding illegal immigration.
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Tesla has produced its 7 millionth vehicle. The milestone was celebrated by the electric vehicle maker on social media and by company executives during the third quarter earnings call.
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Tesla Roadster details were among the sought-after questions during the company’s Earnings Call on Wednesday night, but they were once again given a cryptic walkaround by CEO Elon Musk and other executives with no true end in sight.
The Roadster has been delayed on numerous occasions. Although Tesla has a valid reason for it by stating that other vehicles and projects that help contribute to the company’s overall mission are more of a priority, the Roadster is still something that fans and owners have been requesting for years.
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The Tesla Model Y seems to have earned the top-selling spot in Europe last month, marking the second time this year the SUV has become the best-selling vehicle.
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Tesla has released its Q3 2024 vehicle safety report. Based on the company's figures, Teslas that are operating with Autopilot technology tend to crash far less than the national average.
In the third quarter, Tesla recorded one crash for every 7.08 million miles driven in which drivers were using Autopilot technology. For Tesla drivers who were not using Autopilot, the company recorded one crash for every 1.29 million miles driven.
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Tesla is enabling the ability to transfer Full Self-Driving from a vehicle to the Cybertruck for the first time, allowing owners who purchased FSD on a car previously to transfer the suite to the all-electric pickup.
Tesla has been using the Full Self-Driving transfer to let owners move the suite from one vehicle to another as they buy new cars.
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Starlink is now available in Hungary through its official reseller Vannet Telekommunikációs Kft.
According to VG, Hungary’s internet connection is good, even by European standards. However, there are still areas of improvement in the industry.
In Hungary, the internet connection depend on cases and repeater towers that might not reach certain areas inside a home or business. As a result, companies or homes will subscribe to two internet providers, opening the way for Starlink services.
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Tesla has said that its wireless charging system for the Cybercab has a charging efficiency of “well over 90 percent,” in response to questions about whether the system would be inefficient compared to wired charging.
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Tesla has formally concluded the Cybertruck Foundation Series. A look at the all-electric pickup truck’s order page online shows that the Cybertruck could now be ordered on its base form. Any references to the Foundation Series have also been removed from the vehicle’s order page.
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Tesla has reportedly promoted CEO Elon Musk's right-hand man to a much bigger role.
Omead Afshar has been at Tesla since September 2018 and held positions like Project Manager and Project Director in the Office of the CEO until July 2020, when he updated his position to a Cowboy emoji in July 2020, the same date Gigafactory Texas started construction.
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Long-time TSLA bull ARK Invest expects Tesla’s Robotaxi Network to scale before competitors also offering autonomous ride-hailing platforms.
ARK doesn’t expect Tesla to be the first to offer expansive fully autonomous ride-hailing services. However, it does expect Tesla to be the first to scale, which may result in the car maker taking up a larger market share in the autonomous ride-hailing industry.
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Tesla recently transferred $770 million worth of Bitcoin holdings to new digital addresses. The transactions were Tesla’s entire Bitcoin holdings of 11,509 BTC and occurred over a few days. The last time Tesla touched its Bitcoin wallets was 2022.
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Tesla China saw 8,500 new vehicle registrations in the week of October 7 to 13, 2024, the second week of Q4 2024. This represents a week-over-week increase of 372.22% from the 1,800 Tesla vehicles that were registered in China during the week ending October 6.
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Tesla’s high-tech adaptive headlights are almost ready to be released in the United States, according to a company executive.
In January, Tesla rolled out Adaptive Headlights on the new “Highland” Model 3 in Europe. The tech was designed to focus on reducing glare and increasing visibility by only dimming individual pixels, not the entire headlight altogether.
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Tesla China’s five-year zero-interest loan program has been extended once more. The incentive applies to both Rear Wheel Drive (RWD) and Long Range Dual Motor All Wheel Drive (AWD) variants of the Model 3 sedan and Model Y crossover.
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A federal appeals court this week sided with Elon Musk, ruling that the National Labor Relations Board (NLRB) overstepped its authority when requiring the Tesla CEO to delete a 2018 tweet regarding unionization and the potential for workers to lose their stock options.
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Tesla stock (NASDAQ: TSLA) spiked big on the company's strong earnings call on Wednesday evening that detailed strong margins and better guidance in 2025 that should resume growth year over year.
At the time of writing, Tesla shares were up over 20 percent.
Tesla said in its Q3 2024 Shareholder Deck that its Cost of Goods Sold Per Vehicle (COGS) had come down to its lowest in company history. It now costs just ~$35,100 for Tesla to build a car, increasing its margins to 19.8 percent and its operating margin to 10.8 percent, up from 18 percent and 6.3 percent, respectively.
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Tesla’s (NASDAQ:TSLA) Q3 2024 earnings call comes on the heels of the company’s Q3 2024 Update Letter, which was released after the closing bell on Wednesday, October 23, 2024.
Tesla posted total revenues of $25.18 billion, with automotive revenues of $20.02 billion in Q3 2024. The company also posted non-GAAP earnings per share of $0.72 and GAAP EPS of $0.62. Tesla posted $2.7 billion GAAP operating income in the third quarter, and a record $33.6 billion in cash.
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Tesla is planning to add Cybertruck accessories to its shop for Canada as soon as next week, one person at the company has confirmed.
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Elon Musk’s AI company xAI has launched its application programming interface (API), officially letting developers integrate Grok into other applications.
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Tesla has continued to make progress on its Southern California diner, drive-in theater, and Supercharger location throughout the last several months, and as it starts to get close to being finished, recent updates show the latest progress—including the installation of the restaurant’s main doorway.
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Tesla has launched another round of free trials for its Full Self-Driving (FSD) Supervised software, just over a week after the company unveiled its Cybercab and Robovan autonomous vehicle platforms.
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Tesla Cybertruck has officially launched in Canada, the company announced today.
The Cybertruck initially started deliveries in the United States last November, and it took ten months for it to be available in an additional country, as Tesla launched the all-electric pickup in Mexico last month.
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Tesla CEO Elon Musk has confirmed that the Tesla Semi will be sold worldwide. This should allow the Tesla Semi to make a difference in the emissions of the transportation sector in markets across the globe.
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SpaceX just completed its 100th launch of 2024 with the Starlink 10-10 launch.
The company kicked off its 100th launch campaign of the year at 2:10 a.m. EDT from the Cape Canaveral Space Force Station in Florida, where liftoff occurred from Space Launch Complex 40.
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The Tesla Model Y 7-seater is now available in more countries, including the United Kingdom and in EU member states.
In the United Kingdom (UK), the Model Y 7-seater is available for an additional £2,500 ($3,269). The 7-seater configuration for the Model Y is only available for the Long Range All-Wheel Drive (AWD). The Model Y LR AWD starts at £51,990 ($68,004) in the UK, so the 7-seater configurations cost £54,490 ($71,274).
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