Tesla Model Y remains China’s top-selling premium SUV after February 2023 sales

  The Tesla Model Y was the best-selling premium SUV in China last month. Tesla remains one of China’s top-selling EV brands. The Tesla Model 3 also nabbed a top spot in February 2023 NEV sales.  Tesla sold approximately 25,526 Model Y vehicles in February. The BYD Tang DM followed Tesla with 10,783 units sold. […]

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Tesla China picks up the pace with 13k+ new insurance registrations in March’s 1st week

Tesla China saw approximately 13,266 insurance registrations for its vehicles between February 27 to March 5, 2023. In the previous week, Tesla China saw 10,705 vehicle registrations.  As per industry watchers in China, insurance registrations for the Tesla Model Y reached 10,157 during the week ending March 5. This represented a 27.83% increase from the […]

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Tesla Model X and Model S get price reduction in the United States

Tesla reduced the price of the Model S and Model X in the United States. Based on the company’s configuration page, Tesla reduced the Model S and Model X prices between $5,000 to $10,000.  The base Model S sedan now costs $89,990, while the Plaid version starts at $109,990. Previously, the base Model S was […]

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Volkswagen’s Scout to build $40K electric SUV in South Carolina

The EV division of Volkswagen’s Scout Motors brand officially announced that its first electric vehicle would be a $40,000 SUV. The all-electric Scout SUV will be built in a new $2 billion factory in South Carolina.  Volkswagen did not elaborate more on its upcoming $40k electric SUV under the Scout name. However, in a recent […]

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Tesla gets $330M tax break for Giga Nevada expansion plan

The Nevada Governor’s Office of Economic Development (GOED) Board approved a $330,250,366 million tax break for Tesla. The state board approved the abatement considering Tesla’s plans to invest $3.6 billion to expand Gigafactory Nevada in Storey County.  The GOED Board calculated that Tesla’s $3.6B capital investment in Giga Nevada could generate an estimated $685 million […]

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Tesla Model 3 still the top-selling EV in Australia

  The Tesla Model 3 remains one of the top-selling electric vehicles in Australia, based on sale numbers for February 2023. Tesla sold approximately 2,671 Model 3 vehicles last month, leading electric vehicle sales in Australia. The Tesla Model 3 was the third highest-selling model of all the cars sold in the country. The Ford […]

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Tesla Electric plan offers unlimited overnight home charging for $30/month in TX

Tesla Electric, a retail plan, is rolling out to select Powerwall customers in Texas. During Investor Day 2023, Tesla announced a new plan for Tesla Electric. It offers unlimited overnight home charging for $30 per month. The offer will be available to Tesla customers in Texas. Drew Baglino talked about Tesla Electric during Investor Day […]

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Tesla gets approved to import its vehicles to Malaysia

Tesla’s application to import battery electric vehicles (BEV) into Malaysia has been approved by the Ministry of International Trade and Industry (MITI).  With its entrance into Malaysia, Tesla would be establishing a head office, experience centers, and service centers across the country. The Supercharger Network will also be built out in Malaysia.  The entry of […]

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Elon Musk’s Starlink closing in on 100k customers in Australia: report

Elon Musk’s Starlink satellite internet system is closing in on 100K active users in Australia.  Starlink’s milestones and growth were reportedly revealed earlier this month during a round table session with industry executives. The information was reportedly shared by sources in Australia’s telecommunications sector who opted to remain anonymous, as per a Sydney Morning Herald report.  The […]

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SEC continues to argue for Elon Musk’s “Twitter sitter” deal

A recent letter from the US Securities and Exchange Commission (SEC) states that Tesla lawyers must still pre-approve Elon Musk’s company-related tweets, even though the billionaire won the case centered on his infamous “funding secured” tweet in 2018. In a letter to the US Court of Appeals for the 2nd Circuit in New York, the […]

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