Tesla’s long road to maturity teaches a hard lesson for electric vehicle startups

Elon Musk may be prone to incredibly optimistic release estimates for Tesla’s products, but there is one aspect of the company that the CEO has been very realistic on — the challenges involved in mass production. Over the years, Elon Musk has highlighted this point. In the Q2 2021 earnings call alone, Musk reiterated these […]

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Tesla $25K compact electric car prototype has been completed: rumor

It appears that Tesla China is making good progress in its development of the highly-anticipated $25k compact electric car. If recent rumors from China are any indication, it appears that the upcoming affordable EV is still planned for trial production for the end of 2021.  The update about Tesla China’s newest electric vehicle was shared […]

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Norway marks 6,731 new EV registrations in July

In Norway, 6,731 new electric cars were registered in July, setting the EV share in new car registrations at 64 per cent last month. Norway’s most successful model across all drive types was the Ford Mustang Mach-E with 898 new registrations. Compared to July 2020 (4,408 new registrations), the 6,731 electric cars were an increase […]

Tesla Model Y deliveries to start in Hong Kong and Macau next month

Tesla will be starting its Model Y deliveries in Hong Kong and Macau next month. The information was related to local media outlets by Tesla in an update on Monday.  Apart from the confirmation of its customer deliveries, Tesla also provided an outline of the Model Y’s pricing structure. According to the company, the base […]

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Tesla Giga Texas expected to start Model Y production test runs in coming weeks

Tesla Gigafactory Texas seems to be rearing to go and has started preparing for Model Y production already. Recent information from insiders on Tesla’s Giga Texas site suggests that Model Y production in the Lone Star state could start in a few months, with initial manufacturing test runs beginning in the coming weeks. Drone operator […]

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Rivian’s factory in Britain is in the same site rumored for Tesla Giga UK

Rivian is in talks with UK ministers to build a giant factory. The United Kingdom’s Prime Minister, Boris Johnson, has reportedly been briefed on the discussions with Rivian and has taken a keen interest in its progress. Insiders reported that Rivian is interested in placing its UK factory in Gravity, a smart campus near Bristol. […]

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Tesla’s Master Plan turns 15 years old: What Elon Musk’s company has achieved so far

Fifteen years ago today, on August 2nd, 2006, Co-Founder and CEO of what was then called “Tesla Motors” Elon Musk put out his top-secret Master Plan. Essentially, the cleverly titled document outlined what Musk envisioned for Tesla a few years before it would ever pump an electric vehicle off its production lines. Musk, who has […]

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Tesla India plans take a hit as Minister shoots down talks of import tax reduction

Tesla’s entrance into India took a giant step backward as Government officials shot down the potential for import duty reductions on Monday. Attempting to enter the Indian automotive market with its sustainable vehicles, Tesla has petitioned for lower import taxes before committing to a Gigafactory in India. Still, the automaker and the government seem to […]

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Far from a Flop: Tesla Cybertruck orders surpass 1.2 million units

Tesla Cybertruck reservations have surpassed the 1.2 million unit threshold as over 17,000 all-electric pickups were ordered last week. The Cybertruck, while not yet released by Tesla, is accumulating a significant number of pre-orders just months ahead of initial production. While CEO Elon Musk has recognized the fact that the Cybertruck could be a “flop,” […]

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Tesla soars past $700 with help from optimism after strong EV sales in China

Tesla stock (NASDAQ: TSLA) soared past the $700 threshold earlier today after strong electric vehicle sales figures in China from rival companies promoted optimism regarding Tesla’s potential July delivery figures. Fueled by a recent price reduction of the Model 3 Standard Range+ variant in July, forward-looking projections could hint toward a strong July for Tesla, […]

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