When I bought my first Tesla Model S back in 2013, it had already been named that year’s Green Car Reports’ Best Car to Buy, and Consumer Reports had just declared it the best-scoring car they’d ever tested, and said that it broke their rating scale. The Model S was an extraordinary car, and—at about the same sticker price... 2019 Tesla Model S Long Range vs. 2013 Model S 85: How do they compare in value?
When I bought my first Tesla Model S back in 2013, it had already been named that year’s Green Car Reports’ Best Car to Buy, and Consumer Reports had just declared it the best-scoring car they’d ever tested, and said that it broke their rating scale. The Model S was an extraordinary car, and—at about the same sticker price...
Tesla announced Thursday that the company would offer $650 million in stock and $1.35 billion in bonds in a bid to boost the automaker's coffers after disappointing first quarter results. CEO Elon Musk said he would buy $10 million of the company's shares in an effort to boost confidence among investors in the flagging automaker. Stock in Tesla...
Tesla claims that its Model 3 electric sedan again in the first quarter of the year outsold all other mid-size sedans from what it considers premium brands—selling 60 percent more units than the closest runner-up. That’s the good news from the California electric car maker, in a production and deliveries update released Wednesday...
Tesla CEO Elon Musk prefaced his introduction of the company’s more affordable upcoming electric SUV, the Model Y, Thursday night, by noting how hard achieving at-scale mass production of Model X has been—and what a difficult year 2018 had been for him and Tesla. “It was pretty tight; it was a hard one,” said Musk...
Tesla’s Thursday night reveal event for the 2020 Tesla Model Y electric crossover SUV, just as previous events from the automaker, was raucous and packed with enthusiastic fans, including many who appeared to relish everything uttered by CEO Elon Musk. What made this event a bit of a departure—and perhaps a sign of the times—was...
In 2016, Tesla created a fever pitch over its Model 3 promise: $35,000 with a range of 220 miles. The company claimed more than 450,000 reservations were made for the Model 3, at $1,000 each, in part because of that low price and high range. On Thursday, Tesla announced that its entry-level Model 3 is finally available and will be delivered to...
Tesla’s quarterly earnings call today was shaping up to be, at long last, an earnings call. Tesla reported a net income of $312 million for the third quarter of 2018.The all-electric vehicle maker made money. It also claimed that, given its financial results—and some creative number-crunching—it has the best-selling car in the...
Tesla's been in "production Hell" for the past 9 months as it attempts to ramp up the Model 3. On Tuesday Tesla CEO Elon Musk took to Twitter to announce the Silicon Valley automaker is letting go 9 percent of its workforce. Musk noted that no production workers would be let go to ensure that Model 3 production would not be affected by the cuts...
Tesla CEO Elon Musk told shareholders Tuesday that the last few months have been "hellacious" for building the Tesla Model 3, but that the automaker expects by the end of this month to build 5,000 of the mid-size luxury sedan each week and beyond. "It's insanely hard to stay alive," Musk added. The Model 3 may be critical for the automaker to stay...
It wasn't quite a message in a bottle, but Tesla boss Elon Musk tweeted Saturday night some specifications and a ballpark price for his company's long-awaited all-wheel-drive and performance versions of the Model 3. The all-wheel-drive Model 3 will add $5,000 to the base Model 3's price and offer the same 310-mile range as the Long Range Battery...
Even though the Tesla Model S has retained its same basic shape since it went on sale in 2012, what's going on under the hood has been anything but stagnant. The automaker's over-the-air updates for the electric car have put the old guard on notice: People expect their cars to act like the computers and phones sitting on their desks and in their...
As Tesla ramps up production of the Model 3 and continues to deliver cars to its long list of reservation holders, many buyers are wondering when they will be able to configure Model 3s with "D" all-wheel drive or with the smaller base battery pack. We can't yet address the smaller battery packs, but CEO Elon Musk left a clue for buyers waiting...
The government of Ontario amended its plug-in electric vehicle incentive program in March, eliminating incentives for vehicles with a recommended price of $75,000 or more. What effect will this have on demand for Tesla’s Model S and X? Two years ago, this site analyzed the impacts on electric-car sales in British Columbia when funding for...
“The Tesla Model S was a moment. The Model 3 is a product.” That pair of sentences perfectly summarized the several hours we spent last month with the 2018 Tesla Model 3 kindly loaned to us by reader Jeff Southern of Atlanta. We’d covered more than 100 miles on a variety of highways, back roads, and suburban stop-and-go...
Electric-car maker Tesla is known for troubled launches, at least for the four products it's offered since the first Roadster in 2008. But the launch of the Tesla Model 3, its lower-priced electric sedan, may be the most challenging yet—and it may be the Tesla with the highest expectations. The first 30 cars, now accepted to be largely...
So we've finally had the chance to spend time with a 2018 Tesla Model 3, courtesy of a generous and devoted Green Car Reports reader. We'll have our first-drive report and a full review of the car within a day or two—but that's not what this article is about. The build quality of the early Model 3 we tested in late February was, in a word...
It's been a topic of discussion for years: What will happen when a carmaker reaches the cap on U.S. sales of electric cars that qualify for the full federal tax credit of $7,500? That number is 200,000; after the rest of that calendar quarter and the one following, the credit is halved for a further two quarters. Rough calculations indicate that...
Today, most people charge their electric cars at home, overnight. That's much harder for residents of multiple dwellings or those without dedicated off-street parking, increasing numbers of whom instead recharge during the day while parked at their workplace. Now Tesla plans to make it easier for owners of its cars—and only them—to...
Production numbers for Tesla electric cars have always been slightly murky. The company announces deliveries only quarterly and refuses to break them down by country, meaning there are no sales figures that directly compare with those routinely issued by other makers. The Tesla Model 3 has endured a long, painful, and somewhat public "production...