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The Latest Breaking News from Tesla Inc.

Hyundai To Invest $18 Billion By 2030 To Boost EV Shift

Hyundai Motor Group will spend some 24 trillion won ($18.2 billion) by 2030 as it shifts to EVs. The goal is to become one of the top three EV makers globally.

InsideEVs

See Tesla Cybertruck With New Steel Wheels And Testing Equipment

A Cybertruck prototype spotted in Fremont is wearing "steelies" and has a bunch of tape on the body attaching various wires. It appears to be testing equipment.

InsideEVs

Tesla Stock Adds $200 Billion To Market Cap In 2023 So Far

Tesla lost nearly two-thirds of its valuation in 2022, so a boost was needed. The first quarter of 2023 marks the best valuation add yet for the US EV maker.

InsideEVs

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Why leasing an EV might be the smarter choice right now

Leasing an electric car could be the smarter money move as new tax rebate rules come into play.

Axios

Anjani Trivedi: The global EV transition hinges on one Chinese company

The world’s largest battery maker doesn’t need Ford Motor Co. or Tesla Inc. It’s the U.S. — and global — carmakers, desperate to go electric quickly, that need the Chinese behemoth.

Tribune News Service

Elon Musk Says Demand For Tesla Vehicles Remains Robust But Flags One Thing That Could Stop It

Tesla relies on word of mouth and media coverage to produce sales as Elon Musk's personality has been the biggest driver in sales

Zenger

China: Tesla Noticeably Increased EV Sales In March 2023

In March, Tesla noted one of the strongest months of EV sales in China so far - in many cases, not far from record levels.

InsideEVs

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Tesla Becomes Most Valuable Automotive Brand In The World

While some folks still see Tesla as a small and niche startup brand, it's more valuable than global legacy brands with decades of experience.

InsideEVs

Electric Car Prices Are Falling, With or Without Tax Credits

The Inflation Reduction Act imposes byzantine requirements to qualify for the credits. Some automakers are simply ignoring them and finding other ways to lower prices.

Reason

Slide in Technology Stocks Leads the Overall Market Lower

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.52%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.23%. U.S. stock indexes this morning are moderately lower, led...

Barchart

Tesla's First V4 Supercharger Is Now Open For Non-Tesla EVs

The Tesla's first V4 Supercharging station, located in Harderwijk in the Netherlands, has been opened to non-Tesla electric vehicles.

InsideEVs

Tesla Offering New, Cheaper Version Of Model Y

The Tesla Model Y "Standard Range" features a dual-motor all-wheel-drive powertrain. It's also likely to have Tesla's 4680 battery cells and pack.

InsideEVs

Tesla Ramping Up Model Y Production At Giga Texas

Since Tesla dropped the prices of its EVs, ramping up factory output has become even more critical. Demand is high and people are still taking delivery quickly.

InsideEVs

Tesla Begins Showing Compelling Revenue Outside Its EV Business

Tesla has had an eventful few years, and it’s hard to refute what the EV maker has accomplished. Moreover, establishing new revenue streams is well underway.

InsideEVs

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Fortune

Look out, Tesla: China’s biggest electric-car maker wants to take on the world

BYD is rapidly expanding outside its home country to challenge established auto giants.

InsideEVs

Tesla Hit With Class Action Lawsuit Following Privacy Intrusion Allegations

The lawsuit comes after a recent report unveiled that groups of Tesla employees allegedly privately shared highly invasive videos and images recorded by customers’ car cameras between 2019 and 2022.

InsideEVs

Tesla Recalls Certain Model 3 Vehicles For Suspension Fasteners That May Be Loose

Tesla identified 25 warranty claims and two field reports that are related or may be related to this problem, and has issued the voluntary recall “out of an abundance of caution.”

InsideEVs

Tesla Will Build A New Megafactory In China

This will be the second so-called Megafactory in Tesla’s portfolio, after the one that opened in 2022 in California.

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Axios

Tesla to build "Megafactory" in Shanghai for "Megapack" batteries

Tesla plans to initially produce 10,000 Megapack units a year at the factory.

Tribune News Service

Tesla to build new Shanghai factory for Megapack battery

Tesla Inc. will build a new battery factory in Shanghai, increasing investment in China at a time of brewing tensions between Beijing and Washington.

InsideEVs

Planning To Buy A Tesla Model Y? Check Out This Owner's Advice First

Should you buy a Model Y? There are plenty of reasons to buy and not to buy, and we get to learn all about them from a female owner who regrets the purchase.

Zenger

Tesla EVs Cut Another Round Of Price Cuts, Launch Of New Model Y

Tesla, Inc has slashed prices as the company keeps the tax credits for the Model 3 and Model Y giving better prices to consumers

InsideEVs

The Cheapest Tesla Model 3: Here's Everything You Need To Know

If you're going to buy a Model 3, now is arguably the time. It's as cheap as ever on the new and used market, and the lowest prices aren't likely to last.

The New Daily

Tesla to build factory in Shanghai for Megapack batteries

Tesla will build a factory in Shanghai to make the Megapack energy storage product, Chinese state media outlet Xinhua reports.

The Independent UK

Reports: Tesla plans Shanghai factory for power storage

Chinese state media say electric car maker Tesla Inc. plans to build a factory in Shanghai to produce power-storage devices for sale worldwide

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